Trican Well Service Ltd.
TCW.TO
Price:
$4.82
Market Cap:
$949.12M
Trican Well Service Ltd., an equipment services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada. The company offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, cement design, and laboratory solutions, as well as surface, intermediate, production, liner, horizontal, and remedial/squeeze cementing services; and cement pumpers, bulk equipment, and cement auxiliary equipment. It also provides reservoir solutions, such as exploration, production analysis, and simulation and modeling services; and coiled tubing solutions comp...[Read more]
Industry
Oil & Gas Equipment & Services
IPO Date
1998-06-03
Stock Exchange
TSX
Ticker
TCW.TO
The Current Ratio as of September 2024 (TTM) for Trican Well Service Ltd. (TCW.TO) is 2.60
According to Trican Well Service Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.60. This represents a change of 9.43% compared to the average of 2.38 of the last 4 quarters.
Trican Well Service Ltd. (TCW.TO) Historical Current Ratio (quarterly & annually)
How has TCW.TO Current Ratio performed in the past?
The mean historical Current Ratio of Trican Well Service Ltd. over the last ten years is 2.26. The current 2.60 Current Ratio has changed 11.41% with respect to the historical average. Over the past ten years (40 quarters), TCW.TO's Current Ratio was at its highest in in the June 2020 quarter at 3.23. The Current Ratio was at its lowest in in the September 2015 quarter at 1.53.
Average
2.26
Median
2.25
Minimum
1.88
Maximum
2.80
Trican Well Service Ltd. (TCW.TO) Current Ratio by Quarter and Year
Discovering the peaks and valleys of Trican Well Service 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 = 22.55%
Maximum Annual Current Ratio = 2.80
Minimum Annual Increase = -26.50%
Minimum Annual Current Ratio = 1.88
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 2.06 | -26.50% |
| 2022 | 2.80 | 19.95% |
| 2021 | 2.34 | 15.72% |
| 2020 | 2.02 | -19.35% |
| 2019 | 2.50 | 6.66% |
| 2018 | 2.35 | 21.34% |
| 2017 | 1.94 | -10.56% |
| 2016 | 2.16 | 14.97% |
| 2015 | 1.88 | -26.20% |
| 2014 | 2.55 | 22.55% |
Trican Well Service Ltd. (TCW.TO) Average Current Ratio
How has TCW.TO Current Ratio performed in the past?
The current Current Ratio of Trican Well Service Ltd. (TCW.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.40
5-year avg
2.35
10-year avg
2.26
Trican Well Service Ltd. (TCW.TO) Current Ratio vs. Peers
How is TCW.TO’s Current Ratio compared to its peers?
Trican Well Service Ltd.’s Current Ratio is greater than Calfrac Well Services Ltd. (2.31), greater than Precision Drilling Corporation (1.51), greater than Ensign Energy Services Inc. (0.97), greater than Birchcliff Energy Ltd. (1.52), greater than Crew Energy Inc. (0.69),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.31 | $333.75M | |
| 1.51 | $1.30B | |
| 0.97 | $496.51M | |
| 1.52 | $1.52B | |
| 0.69 | $1.07B |
Build a custom stock screener for Trican Well Service Ltd. (TCW.TO) and other stocks
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Trican Well Service Ltd. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
Trican Well Service Ltd. (TCW.TO) and other stocks custom spreadsheet templates
The easiest way to analyze a company like Trican Well Service Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
Frequently asked questions❓
What is the Current Ratio?
How can you use the Current Ratio?
What is Trican Well Service Ltd.'s Current Ratio?
How is the Current Ratio calculated for Trican Well Service Ltd. (TCW.TO)?
What is the highest Current Ratio for Trican Well Service Ltd. (TCW.TO)?
What is the 3-year average Current Ratio for Trican Well Service Ltd. (TCW.TO)?
What is the 5-year average Current Ratio for Trican Well Service Ltd. (TCW.TO)?
How does the current Current Ratio for Trican Well Service Ltd. (TCW.TO) compare to its historical average?