As of May 28, 2025, FieldPoint Petroleum Corp (FPPP) reports a Current Ratio of 0.27.
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 FieldPoint Petroleum Corp's Current Ratio
Over recent years, FieldPoint Petroleum Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2018-12-31 | 0.27 |
| 2017-12-31 | 0.26 |
| 2016-12-31 | 0.18 |
| 2015-12-31 | 0.29 |
| 2014-12-31 | 2.82 |
This slight upward trend highlights how FieldPoint Petroleum Corp manages its short-term assets and liabilities over time.
Comparing FieldPoint Petroleum Corp's Current Ratio to Peers
To better understand FieldPoint Petroleum Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| FieldPoint Petroleum Corp (FPPP) | 0.27 |
| Cobra Venture Corp (CBV.V) | 34.20 |
| Pioneer Oil and Gas (POGS) | 21.00 |
| McChip Resources Inc (MCS.V) | 4.50 |
| East West Petroleum Corp (EW.V) | 3.55 |
| Aztec Oil & Gas Inc (AZGSQ) | 1.51 |
Compared to its competitors, FieldPoint Petroleum Corp's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.