As of June 8, 2025, Tullow Oil PLC (TLW.L) reports a Current Ratio of 0.80.
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 Tullow Oil PLC's Current Ratio
Over recent years, Tullow Oil PLC's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 0.80 |
| 2023-12-31 | 1.04 |
| 2022-12-31 | 1.08 |
| 2021-12-31 | 1.06 |
| 2020-12-31 | 0.43 |
This slight downward trend highlights how Tullow Oil PLC manages its short-term assets and liabilities over time.
Comparing Tullow Oil PLC's Current Ratio to Peers
To better understand Tullow Oil PLC's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Tullow Oil PLC (TLW.L) | 0.80 |
| Maha Energy AB (MAHA A.ST) | 14.72 |
| Enwell Energy PLC (ENW.L) | 11.55 |
| Nostrum Oil & Gas PLC (NOG.L) | 7.33 |
| Pharos Energy PLC (PHAR.L) | 4.18 |
| Petronor E&P ASA (PNOR.OL) | 3.60 |
Compared to its competitors, Tullow Oil PLC's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.