RGC Resources, Inc.

RGC Resources, Inc.verified

RGCO

Price:

$21.78

Market Cap:

$222.57M

RGC Resources, Inc., through its subsidiaries, operates as an energy services company. It sells and distributes natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities. The company also provides various unregulated services. It operates approximately 1,157 miles of transmission and distribution pipeline; and a liquefied natural gas storage facility, as well as owns and operates 6 metering stations. RGC Resources, Inc. was founded in 1883 and is based in Roanoke, Virginia.[Read more]

Industry

Regulated Gas

IPO Date

1994-02-01

Stock Exchange

NASDAQ

Ticker

RGCO

The Current Ratio as of September 2024 (TTM) for RGC Resources, Inc. (RGCO) is 1.07

According to RGC Resources, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.07. This represents a change of 14.31% compared to the average of 0.93 of the last 4 quarters.

RGC Resources, Inc. (RGCO) Historical Current Ratio (quarterly & annually)

How has RGCO Current Ratio performed in the past?

The mean historical Current Ratio of RGC Resources, Inc. over the last ten years is 0.91. The current 1.07 Current Ratio has changed 11.63% with respect to the historical average. Over the past ten years (40 quarters), RGCO's Current Ratio was at its highest in in the June 2022 quarter at 1.69. The Current Ratio was at its lowest in in the June 2018 quarter at 0.54.

Quarterly (TTM)
Annual

Average

0.91

Median

0.84

Minimum

0.54

Maximum

1.59

RGC Resources, Inc. (RGCO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of RGC Resources, 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 = 100.97%

Maximum Annual Current Ratio = 1.59

Minimum Annual Increase = -48.90%

Minimum Annual Current Ratio = 0.54

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.81-48.90%
20221.5964.81%
20210.9710.95%
20200.8715.02%
20190.7617.39%
20180.65-40.90%
20171.09100.97%
20160.54-31.65%
20150.79-23.00%
20141.0336.93%

RGC Resources, Inc. (RGCO) Average Current Ratio

How has RGCO Current Ratio performed in the past?

The current Current Ratio of RGC Resources, Inc. (RGCO) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.12

5-year avg

1.00

10-year avg

0.91

RGC Resources, Inc. (RGCO) Current Ratio vs. Peers

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

RGC Resources, Inc.’s Current Ratio is greater than UGI Corporation (0.91), greater than New Jersey Resources Corporation (0.60), greater than ONE Gas, Inc. (0.41), greater than NiSource Inc. (0.78), greater than Northwest Natural Holding Company (0.97), greater than Chesapeake Utilities Corporation (0.38), greater than Spire Inc. (0.48), greater than NiSource Inc. (0.78),

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