Metgasco Limited

Metgasco Limitedverified

MEL.AX

Price:

$0.004

Market Cap:

$5.83M

Metgasco Limited engages in the exploration and development of oil and gas properties in Australia. It also invests in and develops related energy infrastructure. The company was incorporated in 1999 and is headquartered in West Perth, Australia.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2004-12-22

Stock Exchange

ASX

Ticker

MEL.AX

The Current Ratio as of December 2024 (TTM) for Metgasco Limited (MEL.AX) is 0.37

According to Metgasco Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.37. This represents a change of -48.09% compared to the average of 0.72 of the last 4 quarters.

Metgasco Limited (MEL.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Metgasco Limited over the last ten years is 28.55. The current 0.37 Current Ratio has changed 31.23% with respect to the historical average. Over the past ten years (40 quarters), MEL.AX's Current Ratio was at its highest in in the December 2016 quarter at 235.57. The Current Ratio was at its lowest in in the March 2009 quarter at 0.

Quarterly (TTM)
Annual

Average

28.55

Median

11.41

Minimum

0.37

Maximum

111.59

Metgasco Limited (MEL.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Metgasco 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 = 499.07%

Maximum Annual Current Ratio = 111.59

Minimum Annual Increase = -95.31%

Minimum Annual Current Ratio = 0.37

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.37-37.34%
20230.60-55.48%
20221.3415.10%
20211.17-95.31%
202024.88499.07%
20194.15-90.67%
201844.49-43.11%
201778.20-29.92%
2016111.59498.04%
201518.6627.11%

Metgasco Limited (MEL.AX) Average Current Ratio

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

The current Current Ratio of Metgasco Limited (MEL.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

0.77

5-year avg

5.67

10-year avg

28.55

Metgasco Limited (MEL.AX) Current Ratio vs. Peers

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

Metgasco Limited’s Current Ratio is greater than Icon Energy Limited (0.29), less than Otto Energy Limited (21.65), less than Lion Energy Limited (1.65), less than Pancontinental Energy NL (5.43), less than Central Petroleum Limited (1.88),

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