As of June 22, 2025, Hyperdynamics Corp (HDYNQ) reports a Current Ratio of 0.57.
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 Hyperdynamics Corp's Current Ratio
Over recent years, Hyperdynamics Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2017-06-30 | 0.57 |
| 2016-06-30 | 6.67 |
| 2015-06-30 | 11.77 |
| 2014-06-30 | 6.39 |
| 2013-06-30 | 1.91 |
This slight upward trend highlights how Hyperdynamics Corp manages its short-term assets and liabilities over time.
Comparing Hyperdynamics Corp's Current Ratio to Peers
To better understand Hyperdynamics Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Hyperdynamics Corp (HDYNQ) | 0.57 |
| Sentry Petroleum Ltd (SPLM) | 6.68 |
| Eagle Exploration Co (EGXP) | 3.77 |
| Octagon 88 Resources Inc (OCTX) | 2.99 |
| Strata Power Corp (SPOWF) | 2.66 |
| Pukang Group Holdings Ltd (PVRS) | 0.52 |
Compared to its competitors, Hyperdynamics Corp's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.