International Petroleum Corporation

International Petroleum Corporationverified

IPCO.TO

Price:

$16.06

Market Cap:

$1.40B

International Petroleum Corporation explores for, develops, and produces oil and gas. The company holds a portfolio of oil and gas assets in Canada, Malaysia, and France. International Petroleum Corporation was incorporated in 2017 and is headquartered in Vancouver, Canada.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2017-04-24

Stock Exchange

TSX

Ticker

IPCO.TO

The Current Ratio as of November 2024 (TTM) for International Petroleum Corporation (IPCO.TO) is 2.97

According to International Petroleum Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.97. This represents a change of -11.09% compared to the average of 3.34 of the last 4 quarters.

International Petroleum Corporation (IPCO.TO) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of International Petroleum Corporation over the last ten years is 1.95. The current 2.97 Current Ratio has changed 15.08% with respect to the historical average. Over the past ten years (40 quarters), IPCO.TO's Current Ratio was at its highest in in the March 2017 quarter at 4.50. The Current Ratio was at its lowest in in the March 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

1.95

Median

1.59

Minimum

0

Maximum

4.26

International Petroleum Corporation (IPCO.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of International Petroleum Corporation 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 = Infinity%

Maximum Annual Current Ratio = 4.26

Minimum Annual Increase = -51.38%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.40-20.09%
20224.26167.66%
20211.5967.19%
20200.95-15.35%
20191.129.52%
20181.03-51.38%
20172.11-39.62%
20163.50121.42%
20151.58Infinity%

International Petroleum Corporation (IPCO.TO) Average Current Ratio

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

The current Current Ratio of International Petroleum Corporation (IPCO.TO) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.09

5-year avg

2.27

10-year avg

1.95

International Petroleum Corporation (IPCO.TO) Current Ratio vs. Peers

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

International Petroleum Corporation’s Current Ratio is greater than Topaz Energy Corp. (2.12), greater than Spartan Delta Corp. (0.93), less than Africa Oil Corp. (7.46), greater than Headwater Exploration Inc. (1.53), greater than Journey Energy Inc. (0.68),

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