As of June 21, 2025, CGG SA (CGG.PA) reports a Current Ratio of 1.77.
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 CGG SA's Current Ratio
Over recent years, CGG SA's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2023-12-31 | 1.77 |
| 2022-12-31 | 1.83 |
| 2021-12-31 | 1.78 |
| 2020-12-31 | 1.72 |
| 2019-12-31 | 1.66 |
This slight upward trend highlights how CGG SA manages its short-term assets and liabilities over time.
Comparing CGG SA's Current Ratio to Peers
To better understand CGG SA's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| CGG SA (CGG.PA) | 1.77 |
| Zamet SA (ZMT.WA) | 9.58 |
| Oceanteam ASA (OTS.OL) | 7.00 |
| Schoeller Bleckmann Oilfield Equipment AG (SBO.VI) | 3.70 |
| Hunting PLC (HTG.L) | 3.16 |
| Akastor ASA (AKAST.OL) | 3.01 |
Compared to its competitors, CGG SA's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.