As of June 22, 2025, White Energy Company Ltd (WEC.AX) reports a Current Ratio of 2.99.
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 White Energy Company Ltd's Current Ratio
Over recent years, White Energy Company Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-06-30 | 2.99 |
| 2023-06-30 | 1.44 |
| 2022-06-30 | 1.75 |
| 2021-06-30 | 5.22 |
| 2020-06-30 | 0.47 |
This slight downward trend highlights how White Energy Company Ltd manages its short-term assets and liabilities over time.
Comparing White Energy Company Ltd's Current Ratio to Peers
To better understand White Energy Company Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| White Energy Company Ltd (WEC.AX) | 2.99 |
| African Energy Resources Ltd (AFR.AX) | 79.82 |
| Energy Metals Ltd (EME.AX) | 45.62 |
| County International Ltd (CCJ.AX) | 34.24 |
| Vimy Resources Ltd (VMY.AX) | 22.34 |
| Peninsula Energy Ltd (PEN.AX) | 20.65 |
Compared to its competitors, White Energy Company Ltd's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.