Rubellite Energy Inc.

Rubellite Energy Inc.verified

RBY.TO

Price:

$2.3

Market Cap:

$148.76M

Rubellite Energy Inc. engages in the exploration, development, production, and sale of heavy crude oil from the Clearwater Formation in Eastern Alberta. The company was incorporated in 2021 and is headquartered in Calgary, Canada. Rubellite Energy Inc. is a subsidiary of Perpetual Energy Inc.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2021-09-14

Stock Exchange

TSX

Ticker

RBY.TO

The Current Ratio as of September 2024 (TTM) for Rubellite Energy Inc. (RBY.TO) is 0.42

According to Rubellite Energy Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.42. This represents a change of -18.58% compared to the average of 0.52 of the last 4 quarters.

Rubellite Energy Inc. (RBY.TO) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Rubellite Energy Inc. over the last ten years is 0.77. The current 0.42 Current Ratio has changed 5.41% with respect to the historical average. Over the past ten years (40 quarters), RBY.TO's Current Ratio was at its highest in in the December 2021 quarter at 1.23. The Current Ratio was at its lowest in in the June 2024 quarter at 0.42.

Quarterly (TTM)
Annual

Average

0.77

Median

0.62

Minimum

0.46

Maximum

1.23

Rubellite Energy Inc. (RBY.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Rubellite Energy 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 = 34.49%

Maximum Annual Current Ratio = 1.23

Minimum Annual Increase = -62.42%

Minimum Annual Current Ratio = 0.46

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.6234.49%
20220.46-62.42%

Rubellite Energy Inc. (RBY.TO) Average Current Ratio

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

The current Current Ratio of Rubellite Energy Inc. (RBY.TO) 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

0.77

10-year avg

0.77

Rubellite Energy Inc. (RBY.TO) Current Ratio vs. Peers

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

Rubellite Energy Inc.’s Current Ratio is less than Headwater Exploration Inc. (1.53), less than Pipestone Energy Corp. (0.65), less than Spartan Delta Corp. (0.93), less than Pine Cliff Energy Ltd. (0.50), less than Journey Energy Inc. (0.68),

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