As of June 21, 2025, Superior Energy Services Inc (SPNX) reports a Current Ratio of 3.05.
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 Superior Energy Services Inc's Current Ratio
Over recent years, Superior Energy Services Inc's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2019-12-31 | 3.05 |
| 2018-12-31 | 2.13 |
| 2017-12-31 | 2.03 |
| 2016-12-31 | 2.27 |
| 2015-12-31 | 2.89 |
This fluctuation highlights how Superior Energy Services Inc manages its short-term assets and liabilities over time.
Comparing Superior Energy Services Inc's Current Ratio to Peers
To better understand Superior Energy Services Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Superior Energy Services Inc (SPNX) | 3.05 |
| Cypress Environmental Partners LP (CELP) | 4.79 |
| RPC Inc (RES) | 4.03 |
| FTS International Inc (FTSI) | 3.97 |
| Liandi Clean Technology Inc (LNDT) | 3.72 |
| US Silica Holdings Inc (SLCA) | 3.23 |
Compared to its competitors, Superior Energy Services Inc's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.