As of June 21, 2025, BPI Energy Holdings Inc (BPIGF) reports a Current Ratio of 0.09.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of BPI Energy Holdings Inc's Current Ratio
Over recent years, BPI Energy Holdings Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2008-07-31 | 0.09 |
| 2007-07-31 | 1.12 |
| 2006-07-31 | 8.57 |
| 2005-07-31 | 3.30 |
| 2004-07-31 | 2.14 |
This fluctuation highlights how BPI Energy Holdings Inc manages its short-term assets and liabilities over time.
Comparing BPI Energy Holdings Inc's Current Ratio to Peers
To better understand BPI Energy Holdings Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| BPI Energy Holdings Inc (BPIGF) | 0.09 |
| Cobra Venture Corp (CBV.V) | 34.20 |
| Pioneer Oil and Gas (POGS) | 21.00 |
| McChip Resources Inc (MCS.V) | 5.70 |
| East West Petroleum Corp (EW.V) | 3.55 |
| KFG Resources Ltd (KFG.V) | 1.50 |
Compared to its competitors, BPI Energy Holdings Inc's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.