As of May 29, 2025, Simba Essel Energy Inc (SMB.H.V) reports a Current Ratio of 0.02.
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 Simba Essel Energy Inc's Current Ratio
Over recent years, Simba Essel Energy Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2018-06-30 | 0.02 |
| 2017-06-30 | 0.03 |
| 2016-06-30 | 0.20 |
| 2015-06-30 | 0.06 |
| 2014-06-30 | 0.29 |
This gradual decrease highlights how Simba Essel Energy Inc manages its short-term assets and liabilities over time.
Comparing Simba Essel Energy Inc's Current Ratio to Peers
To better understand Simba Essel Energy Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Simba Essel Energy Inc (SMB.H.V) | 0.02 |
| Devin Energy Corp (DVC.H.V) | 17.29 |
| Eagle Exploration Co (EGXP) | 3.77 |
| Kingsland Energy Corp (KLE.H.V) | 2.50 |
| Birchcliff Energy Ltd (BIR.TO) | 2.11 |
| Deloro Resources Ltd (DLL.H.V) | 1.67 |
Compared to its competitors, Simba Essel Energy Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.