Otto Energy Limited

Otto Energy Limitedverified

OEL.AX

Price:

$0.01

Market Cap:

$47.95M

Otto Energy Limited, together with its subsidiaries, operates as an oil and gas exploration and production company in North America. The company's principal projects include its 50% interest in the South Marsh Island 71 project. Its projects portfolio also comprises 37.5% working interest in Lightning, Matagorda County Texas; and 16.7% working interest in Green Canyon 21 lease in the Gulf Mexico. The company was formerly known as Ottoman Energy Limited and changed its name to Otto Energy Limited in August 2006. Otto Energy Limited was incorporated in 2004 and is based in Adelaide, Australia.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2004-12-20

Stock Exchange

ASX

Ticker

OEL.AX

The Current Ratio as of December 2024 (TTM) for Otto Energy Limited (OEL.AX) is 21.65

According to Otto Energy Limited’s latest financial reports and current stock price. The company's current Current Ratio is 21.65. This represents a change of 57.27% compared to the average of 13.77 of the last 4 quarters.

Otto Energy Limited (OEL.AX) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Otto Energy Limited over the last ten years is 8.13. The current 21.65 Current Ratio has changed 26.52% with respect to the historical average. Over the past ten years (40 quarters), OEL.AX's Current Ratio was at its highest in in the June 2008 quarter at 23.07. The Current Ratio was at its lowest in in the September 2007 quarter at 0.

Quarterly (TTM)
Annual

Average

8.13

Median

3.87

Minimum

0.65

Maximum

22.67

Otto Energy Limited (OEL.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Otto 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 = 808.18%

Maximum Annual Current Ratio = 22.67

Minimum Annual Increase = -90.07%

Minimum Annual Current Ratio = 0.65

Quarterly (TTM)
Annual
YearCurrent RatioChange
202421.65356.71%
20234.7458.32%
20222.9987.28%
20211.60-37.87%
20202.570.20%
20192.57292.74%
20180.65-90.07%
20176.59-70.94%
201622.6748.18%
201515.30808.18%

Otto Energy Limited (OEL.AX) Average Current Ratio

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

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

3-year avg

9.79

5-year avg

6.71

10-year avg

8.13

Otto Energy Limited (OEL.AX) Current Ratio vs. Peers

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

Otto Energy Limited’s Current Ratio is greater than Pancontinental Energy NL (5.43), greater than Buru Energy Limited (3.18), less than FAR Limited (58.11), greater than Cooper Energy Limited (0.52), greater than Metgasco Limited (0.37),

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