TRMLF
Price:
$48.35
Market Cap:
$25.11B
Tourmaline Oil Corp. acquires, explores for, develops, and produces oil and natural gas properties in the Western Canadian Sedimentary Basin. It holds interests in properties located in the Alberta Deep Basin, Northeast British Columbia Montney, and the Peace River High Triassic oil complex. The company was incorporated in 2008 and is headquartered in Calgary, Canada.[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2011-04-06
Stock Exchange
PNK
Ticker
TRMLF
According to Tourmaline Oil Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.01. This represents a change of 5.54% compared to the average of 0.96 of the last 4 quarters.
The mean historical Current Ratio of Tourmaline Oil Corp. over the last ten years is 0.78. The current 1.01 Current Ratio has changed 12.94% with respect to the historical average. Over the past ten years (40 quarters), TRMLF's Current Ratio was at its highest in in the December 2022 quarter at 1.56. The Current Ratio was at its lowest in in the September 2018 quarter at 0.36.
Average
0.78
Median
0.65
Minimum
0.48
Maximum
1.56
Discovering the peaks and valleys of Tourmaline Oil Corp. 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 = 138.24%
Maximum Annual Current Ratio = 1.56
Minimum Annual Increase = -48.02%
Minimum Annual Current Ratio = 0.48
Year | Current Ratio | Change |
---|---|---|
2023 | 0.81 | -48.02% |
2022 | 1.56 | 138.24% |
2021 | 0.66 | -46.01% |
2020 | 1.22 | 86.83% |
2019 | 0.65 | 12.43% |
2018 | 0.58 | 0.25% |
2017 | 0.58 | 18.47% |
2016 | 0.49 | 1.14% |
2015 | 0.48 | -33.98% |
2014 | 0.73 | 98.09% |
The current Current Ratio of Tourmaline Oil Corp. (TRMLF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.01
5-year avg
0.98
10-year avg
0.78
Tourmaline Oil Corp.’s Current Ratio is greater than PrairieSky Royalty Ltd. (0.29), less than MEG Energy Corp. (0), less than Cardinal Energy Ltd. (1.55), greater than Crew Energy Inc. (0.50), greater than Pine Cliff Energy Ltd. (0.69), greater than Athabasca Oil Corporation (0.47), less than Headwater Exploration Inc. (2.54), less than Whitecap Resources Inc. (1.53), greater than ARC Resources Ltd. (0.88), greater than Surge Energy Inc. (0.93), greater than null (0.66),
Company | Current Ratio | Market cap |
---|---|---|
0.29 | $5.20B | |
0 | $5.00B | |
1.55 | $769.07M | |
0.50 | $866.46M | |
0.69 | $232.75M | |
0.47 | $2.08B | |
2.54 | $1.22B | |
1.53 | $4.50B | |
0.88 | $11.32B | |
0.93 | $435.75M | |
0.66 | $0 |
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