Freehold Royalties Ltd.

Freehold Royalties Ltd.verified

FRHLF

Price:

$10.35

Market Cap:

$2.18B

Freehold Royalties Ltd., an oil and gas royalty company, owns working interests in oil, natural gas, natural gas liquids, and potash properties in Western Canada and the United States. The company holds approximately 6.2 million gross acres of land in Canada and 0.8 million gross drilling unit acres in the United States. It has royalty interests in approximately 15,000 producing wells and receives royalty from approximately 350 industry operators in North America. The company was founded in 1996 and is headquartered in Calgary, Canada.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2009-02-13

Stock Exchange

PNK

Ticker

FRHLF

The Current Ratio as of November 2024 (TTM) for Freehold Royalties Ltd. (FRHLF) is 1.65

According to Freehold Royalties Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.65. This represents a change of -8.06% compared to the average of 1.79 of the last 4 quarters.

Freehold Royalties Ltd. (FRHLF) Historical Current Ratio (quarterly & annually)

How has FRHLF Current Ratio performed in the past?

The mean historical Current Ratio of Freehold Royalties Ltd. over the last ten years is 1.81. The current 1.65 Current Ratio has changed 9.01% with respect to the historical average. Over the past ten years (40 quarters), FRHLF's Current Ratio was at its highest in in the September 2020 quarter at 5.13. The Current Ratio was at its lowest in in the December 2018 quarter at 1.05.

Quarterly (TTM)
Annual

Average

1.81

Median

1.66

Minimum

1.05

Maximum

3.43

Freehold Royalties Ltd. (FRHLF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Freehold Royalties Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 144.68%

Maximum Annual Current Ratio = 3.43

Minimum Annual Increase = -54.59%

Minimum Annual Current Ratio = 1.05

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.1236.38%
20221.56-54.59%
20213.43144.68%
20201.40-37.02%
20192.23112.71%
20181.05-51.24%
20172.1521.35%
20161.7736.18%
20151.3016.08%
20141.12-3.87%

Freehold Royalties Ltd. (FRHLF) Average Current Ratio

How has FRHLF Current Ratio performed in the past?

The current Current Ratio of Freehold Royalties Ltd. (FRHLF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.37

5-year avg

2.15

10-year avg

1.81

Freehold Royalties Ltd. (FRHLF) Current Ratio vs. Peers

How is FRHLF’s Current Ratio compared to its peers?

Freehold Royalties Ltd.’s Current Ratio is greater than PrairieSky Royalty Ltd. (0.29), less than MEG Energy Corp. (0), greater than Tourmaline Oil Corp. (1.55), greater than Cardinal Energy Ltd. (1.01), greater than Headwater Exploration Inc. (0.50), greater than Birchcliff Energy Ltd. (1.53), greater than Gear Energy Ltd. (1.01), greater than ARC Resources Ltd. (1.20), greater than Capricorn Energy PLC (0.93), less than Laredo Oil, Inc. (2.56), greater than Diversified Energy Company PLC (0.14), greater than Athabasca Oil Corporation (0.31), less than Pine Cliff Energy Ltd. (2.54), greater than Saturn Oil & Gas Inc. (0.47), greater than Whitecap Resources Inc. (0.85), greater than null (0.88),

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