As of May 29, 2025, Petro River Oil Corp (PTRC) reports a Current Ratio of 1.12.
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 Petro River Oil Corp's Current Ratio
Over recent years, Petro River Oil Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2019-04-30 | 1.12 |
| 2018-04-30 | 0.19 |
| 2017-04-30 | 7.43 |
| 2016-04-30 | 1.96 |
| 2015-04-30 | 1.55 |
This slight upward trend highlights how Petro River Oil Corp manages its short-term assets and liabilities over time.
Comparing Petro River Oil Corp's Current Ratio to Peers
To better understand Petro River Oil Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Petro River Oil Corp (PTRC) | 1.12 |
| Central Natural Resources Inc (CTNR) | 48.16 |
| Cobra Venture Corp (CBV.V) | 34.20 |
| Pioneer Oil and Gas (POGS) | 21.00 |
| McChip Resources Inc (MCS.V) | 5.70 |
| KFG Resources Ltd (KFG.V) | 1.50 |
Compared to its competitors, Petro River Oil 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.