State Gas Limited

State Gas Limitedverified

GAS.AX

Price:

$0.038

Market Cap:

$14.92M

State Gas Limited engages in the exploration and development of gas fields in Australia. Its flagship projects are the Reid's Dome gas project comprising the production lease 231 permit and the Rolleston-West project covering an area of approximately 1,595 square kilometers located in the Bowen Basin in Central Queensland. The company was incorporated in 2017 and is headquartered in Brisbane, Australia.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2017-10-09

Stock Exchange

ASX

Ticker

GAS.AX

The Current Ratio as of January 2025 (TTM) for State Gas Limited (GAS.AX) is 0.04

According to State Gas Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.04. This represents a change of -97.65% compared to the average of 1.70 of the last 4 quarters.

State Gas Limited (GAS.AX) Historical Current Ratio (quarterly & annually)

How has GAS.AX Current Ratio performed in the past?

The mean historical Current Ratio of State Gas Limited over the last ten years is 16.82. The current 0.04 Current Ratio has changed -76.22% with respect to the historical average. Over the past ten years (40 quarters), GAS.AX's Current Ratio was at its highest in in the December 2017 quarter at 12.96. The Current Ratio was at its lowest in in the January 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

16.82

Median

7.46

Minimum

0.04

Maximum

93.61

State Gas Limited (GAS.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of State Gas Limited 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 = 868.20%

Maximum Annual Current Ratio = 93.61

Minimum Annual Increase = -96.69%

Minimum Annual Current Ratio = 0.04

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.04-90.57%
20230.42-96.69%
202212.80868.20%
20211.32-65.51%
20203.83-65.39%
201911.08-3.33%
201811.46-87.76%

State Gas Limited (GAS.AX) Average Current Ratio

How has GAS.AX Current Ratio performed in the past?

The current Current Ratio of State Gas Limited (GAS.AX) 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

4.42

5-year avg

3.68

10-year avg

16.82

State Gas Limited (GAS.AX) Current Ratio vs. Peers

How is GAS.AX’s Current Ratio compared to its peers?

State Gas Limited’s Current Ratio is less than Melbana Energy Limited (1.27), less than FINEOS Corporation Holdings plc (1.75), less than Fleetwood Limited (1.92), less than Triangle Energy (Global) Limited (0.59), less than Galilee Energy Limited (13.68),

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