Imperial Petroleum Inc.

Imperial Petroleum Inc.verified

IMPPP

Price:

$25.3001

Market Cap:

$102.22M

Imperial Petroleum Inc. provides international seaborne transportation services to oil producers, refineries, and commodities traders. It carries refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals; and crude oils. As of March 29, 2022, the company owned four medium range refined petroleum product tankers and one Aframax crude oil tanker with a total capacity of 305,804 deadweight tons. The company was incorporated in 2021 and is based in Athens, Greece.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2021-12-06

Stock Exchange

NASDAQ

Ticker

IMPPP

The Current Ratio as of November 2024 (TTM) for Imperial Petroleum Inc. (IMPPP) is 14.40

According to Imperial Petroleum Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 14.40. This represents a change of 27.04% compared to the average of 11.34 of the last 4 quarters.

Imperial Petroleum Inc. (IMPPP) Historical Current Ratio (quarterly & annually)

How has IMPPP Current Ratio performed in the past?

The mean historical Current Ratio of Imperial Petroleum Inc. over the last ten years is 2.69. The current 14.40 Current Ratio has changed 53.38% with respect to the historical average. Over the past ten years (40 quarters), IMPPP's Current Ratio was at its highest in in the June 2024 quarter at 14.40. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

2.69

Median

0.58

Minimum

0.03

Maximum

12.59

Imperial Petroleum Inc. (IMPPP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Imperial Petroleum Inc. 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 = 1.46%

Maximum Annual Current Ratio = 12.59

Minimum Annual Increase = -84.42%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
202312.59127.96%
20225.52693.82%
20210.70-70.06%
20202.32-51.36%
20194.781.13%
20110.391.13%
20100.03-55.58%
20090.07-2.22%
20080.07-84.42%
20070.461.46%

Imperial Petroleum Inc. (IMPPP) Average Current Ratio

How has IMPPP Current Ratio performed in the past?

The current Current Ratio of Imperial Petroleum Inc. (IMPPP) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

6.27

5-year avg

5.18

10-year avg

2.69

Imperial Petroleum Inc. (IMPPP) Current Ratio vs. Peers

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

Imperial Petroleum Inc.’s Current Ratio is less than Imperial Petroleum Inc. (14.40), greater than Pyxis Tankers Inc. (3.98), less than Dynagas LNG Partners LP (117.37), greater than GasLog Partners LP (0.48), greater than GasLog Partners LP (0.48),

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