As of June 17, 2025, Cohen Development Gas & Oil Ltd (CDEV.TA) reports a Current Ratio of 1.76.
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 Cohen Development Gas & Oil Ltd's Current Ratio
Over recent years, Cohen Development Gas & Oil Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 1.76 |
| 2023-12-31 | 1.76 |
| 2022-12-31 | 2.14 |
| 2021-12-31 | 1.97 |
| 2020-12-31 | 2.82 |
This slight downward trend highlights how Cohen Development Gas & Oil Ltd manages its short-term assets and liabilities over time.
Comparing Cohen Development Gas & Oil Ltd's Current Ratio to Peers
To better understand Cohen Development Gas & Oil Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Cohen Development Gas & Oil Ltd (CDEV.TA) | 1.76 |
| Carnarvon Energy Ltd (CVN.AX) | 231.22 |
| 88 Energy Ltd (88E.AX) | 35.86 |
| Lapidoth-Heletz LP (LPHL.L.TA) | 27.49 |
| Galilee Energy Ltd (GLL.AX) | 13.68 |
| Warrego Energy Ltd (WGO.AX) | 11.95 |
Compared to its competitors, Cohen Development Gas & Oil Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.