Galilee Energy Limited

Galilee Energy Limitedverified

GLL.AX

Price:

$0.011

Market Cap:

$6.13M

Galilee Energy Limited, through its subsidiaries, engages in the exploration and production of oil and gas properties in Australia, the United States, and Chile. It primarily explores for coal seam gas. The company's flagship project is the Glenaras gas project located within the ATP 2019 permit, which covers an area of approximately 3,200 square kilometers in western Queensland's Galilee Basin. Galilee Energy Limited was incorporated in 1994 and is based in Brisbane, Australia.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

1996-02-29

Stock Exchange

ASX

Ticker

GLL.AX

The Current Ratio as of January 2025 (TTM) for Galilee Energy Limited (GLL.AX) is 13.68

According to Galilee Energy Limited’s latest financial reports and current stock price. The company's current Current Ratio is 13.68. This represents a change of 22.65% compared to the average of 11.15 of the last 4 quarters.

Galilee Energy Limited (GLL.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Galilee Energy Limited over the last ten years is 15.46. The current 13.68 Current Ratio has changed 8.75% with respect to the historical average. Over the past ten years (40 quarters), GLL.AX's Current Ratio was at its highest in in the June 2012 quarter at 94.06. The Current Ratio was at its lowest in in the March 2009 quarter at 0.

Quarterly (TTM)
Annual

Average

15.46

Median

10.58

Minimum

1.30

Maximum

42.65

Galilee Energy Limited (GLL.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Galilee Energy 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 = 325.42%

Maximum Annual Current Ratio = 42.65

Minimum Annual Increase = -92.49%

Minimum Annual Current Ratio = 1.30

Quarterly (TTM)
Annual
YearCurrent RatioChange
202413.6858.54%
20238.6354.55%
20225.58-54.87%
202112.3740.63%
20208.8058.74%
20195.54325.42%
20181.30-92.49%
201717.34-59.35%
201642.6510.08%
201538.75-9.33%

Galilee Energy Limited (GLL.AX) Average Current Ratio

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

The current Current Ratio of Galilee Energy Limited (GLL.AX) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

9.30

5-year avg

9.81

10-year avg

15.46

Galilee Energy Limited (GLL.AX) Current Ratio vs. Peers

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

Galilee Energy Limited’s Current Ratio is greater than Comet Ridge Limited (0.51), greater than Byron Energy Limited (1.74), greater than Central Petroleum Limited (1.88), greater than Empire Energy Group Limited (6.52), greater than Armour Energy Limited (0.13),

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