As of May 28, 2025, MNP Petroleum Corp (MNAP) reports a Current Ratio of 1.51.
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 MNP Petroleum Corp's Current Ratio
Over recent years, MNP Petroleum Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2014-12-31 | 1.51 |
| 2013-12-31 | 10.00 |
| 2012-12-31 | 13.69 |
| 2011-12-31 | 6.67 |
| 2010-12-31 | 4.60 |
This slight downward trend highlights how MNP Petroleum Corp manages its short-term assets and liabilities over time.
Comparing MNP Petroleum Corp's Current Ratio to Peers
To better understand MNP Petroleum Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| MNP Petroleum Corp (MNAP) | 1.51 |
| Kaymus Resources Inc (KYS.H.V) | 8.48 |
| Octagon 88 Resources Inc (OCTX) | 2.99 |
| Strata Power Corp (SPOWF) | 2.66 |
| Terrace Energy Corp (TZR.V) | 2.58 |
| Running Fox Resource Corp (RUN.H.V) | 2.55 |
Compared to its competitors, MNP Petroleum 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.