Indonesia Energy Corporation Limited

Indonesia Energy Corporation Limitedverified

INDO

Price:

$3.3

Market Cap:

$34.15M

Indonesia Energy Corporation Limited operates as an oil and gas exploration and production company in Indonesia. It holds interests in the Kruh Block, a producing block covering an area of 258 square kilometers with net crude oil proved reserves of 1.52 million barrels located to the northwest of Pendopo, Pali, South Sumatra; and the Citarum Block, an exploration block covering an area of 3,924.67 square kilometers located onshore in West Java. The company was incorporated in 2018 and is headquartered in Jakarta, Indonesia. Indonesia Energy Corporation Limited is a subsidiary of Maderic Holding Limited.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2019-12-19

Stock Exchange

AMEX

Ticker

INDO

The Current Ratio as of November 2024 (TTM) for Indonesia Energy Corporation Limited (INDO) is 3.77

According to Indonesia Energy Corporation Limited’s latest financial reports and current stock price. The company's current Current Ratio is 3.77. This represents a change of -15.87% compared to the average of 4.48 of the last 4 quarters.

Indonesia Energy Corporation Limited (INDO) Historical Current Ratio (quarterly & annually)

How has INDO Current Ratio performed in the past?

The mean historical Current Ratio of Indonesia Energy Corporation Limited over the last ten years is 3.53. The current 3.77 Current Ratio has changed 10.58% with respect to the historical average. Over the past ten years (40 quarters), INDO's Current Ratio was at its highest in in the March 2020 quarter at 7.40. The Current Ratio was at its lowest in in the March 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

3.53

Median

3.08

Minimum

1.20

Maximum

6.47

Indonesia Energy Corporation Limited (INDO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Indonesia Energy Corporation 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 = 418.67%

Maximum Annual Current Ratio = 6.47

Minimum Annual Increase = -79.73%

Minimum Annual Current Ratio = 1.20

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.77-41.74%
20226.47418.67%
20211.25-79.73%
20206.1511.75%
20195.50267.71%
20181.5025.22%
20171.20-50.13%

Indonesia Energy Corporation Limited (INDO) Average Current Ratio

How has INDO Current Ratio performed in the past?

The current Current Ratio of Indonesia Energy Corporation Limited (INDO) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

3.83

5-year avg

4.63

10-year avg

3.53

Indonesia Energy Corporation Limited (INDO) Current Ratio vs. Peers

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

Indonesia Energy Corporation Limited’s Current Ratio is less than Houston American Energy Corp. (0), less than Barnwell Industries, Inc. (10.47), greater than Mexco Energy Corporation (1.51), less than PHX Minerals Inc. (4.32), less than Coastal Caribbean Oils & Minerals, Ltd. (5.05), greater than Ring Energy, Inc. (0.01), greater than Permianville Royalty Trust (0.54), greater than Gran Tierra Energy Inc. (0), greater than null (1.31),

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