Source Rock Royalties Ltd.

Source Rock Royalties Ltd.verified

SRR.V

Price:

$0.88

Market Cap:

$39.80M

Source Rock Royalties Ltd. acquires and manages oil and gas royalties and mineral title interests. The company has a light oil focused portfolio of royalty interests concentrated in S.E. Saskatchewan, east-central Alberta, west-central Alberta, and west-central Saskatchewan. Source Rock Royalties Ltd. was incorporated in 2012 and is headquartered in Calgary, Canada.[Read more]

Industry

Oil & Gas Midstream

IPO Date

2022-03-02

Stock Exchange

TSXV

Ticker

SRR.V

The Current Ratio as of November 2024 (TTM) for Source Rock Royalties Ltd. (SRR.V) is 5.45

According to Source Rock Royalties Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 5.45. This represents a change of -44.50% compared to the average of 9.82 of the last 4 quarters.

Source Rock Royalties Ltd. (SRR.V) Historical Current Ratio (quarterly & annually)

How has SRR.V Current Ratio performed in the past?

The mean historical Current Ratio of Source Rock Royalties Ltd. over the last ten years is 6.58. The current 5.45 Current Ratio has changed 8.18% with respect to the historical average. Over the past ten years (40 quarters), SRR.V's Current Ratio was at its highest in in the June 2023 quarter at 32.07. The Current Ratio was at its lowest in in the March 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

6.58

Median

6.89

Minimum

3.82

Maximum

10.37

Source Rock Royalties Ltd. (SRR.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Source Rock Royalties Ltd. 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 = 171.20%

Maximum Annual Current Ratio = 10.37

Minimum Annual Increase = -50.15%

Minimum Annual Current Ratio = 3.82

Quarterly (TTM)
Annual
YearCurrent RatioChange
20236.89-33.51%
202210.37171.20%
20213.82-50.15%
20207.6784.95%

Source Rock Royalties Ltd. (SRR.V) Average Current Ratio

How has SRR.V Current Ratio performed in the past?

The current Current Ratio of Source Rock Royalties Ltd. (SRR.V) 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

7.03

5-year avg

6.58

10-year avg

6.58

Source Rock Royalties Ltd. (SRR.V) Current Ratio vs. Peers

How is SRR.V’s Current Ratio compared to its peers?

Source Rock Royalties Ltd.’s Current Ratio is greater than Orca Energy Group Inc. (2.16), greater than Hemisphere Energy Corporation (3.98), greater than Alvopetro Energy Ltd. (2.38), less than Pine Cliff Energy Ltd. (0), greater than null (0.50),

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