Freehold Royalties Ltd.

Freehold Royalties Ltd.verified

FRU.TO

Price:

$13.66

Market Cap:

$2.06B

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

2003-10-09

Stock Exchange

TSX

Ticker

FRU.TO

The Current Ratio as of September 2024 (TTM) for Freehold Royalties Ltd. (FRU.TO) is 2.05

According to Freehold Royalties Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.05. This represents a change of 3.07% compared to the average of 1.99 of the last 4 quarters.

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

How has FRU.TO 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 2.05 Current Ratio has changed 11.22% with respect to the historical average. Over the past ten years (40 quarters), FRU.TO'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. (FRU.TO) 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. (FRU.TO) Average Current Ratio

How has FRU.TO Current Ratio performed in the past?

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

3-year avg

2.37

5-year avg

2.15

10-year avg

1.81

Freehold Royalties Ltd. (FRU.TO) Current Ratio vs. Peers

How is FRU.TO’s Current Ratio compared to its peers?

Freehold Royalties Ltd.’s Current Ratio is greater than ARC Resources Ltd. (0.88), greater than Whitecap Resources Inc. (0.94), greater than Enerplus Corporation (0.70), greater than Peyto Exploration & Development Corp. (1.15), greater than Tourmaline Oil Corp. (1.11),

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