Carnarvon EnergyASX:CVN 39 Current Ratio is 136.78 as of Dec. 2025, which is 182% above its 10-year median of 48.54. GuruFocus rates ASX:CVN with a GF Score™ of 39/100. The stock has 4 warning signs investors should review. Among 1,016 Oil & Gas companies, Carnarvon Energy ranks better than 99.51% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Carnarvon Energy's current ratio for the quarter that ended in Dec. 2025 was 136.78.
Carnarvon Energy has a current ratio of 136.78. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Carnarvon Energy's Current Ratio or its related term are showing as below:
ASX:CVN'
s Current Ratio Range Over the Past 10 Years
Min: 21.32 Med: 48.54 Max: 286.59
Current: 136.78
During the past 13 years, Carnarvon Energy's highest Current Ratio was 286.59. The lowest was 21.32. And the median was 48.54.
ASX:CVN's Current Ratio is ranked better than 99.51% of 1016
companies
in the Oil & Gas industry
Industry Median: 1.355
vs ASX:CVN: 136.78
Carnarvon Energy (ASX:CVN) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Carnarvon Energy Current Ratio Related Terms
Carnarvon Energy Current Ratio Historical Data
* Premium members only.
The historical data trend for Carnarvon Energy's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ASX:CVN vs COP, EOG, FANG: Current Ratio Comparison
For the Oil & Gas E&P subindustry, Carnarvon Energy's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Carnarvon Energy Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Carnarvon Energy's Current Ratio distribution charts can be found below:
* The bar in red indicates where Carnarvon Energy's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Carnarvon Energy (ASX:CVN) has a Current Ratio of 136.78 as of Dec. 2025. This is 182% above median its historical median of 48.54. Over the past decade, Carnarvon Energy's Current Ratio has ranged from 21.32 to 286.59. According to the industry distribution chart, Carnarvon Energy ranks #5 out of 1016 companies in the Oil & Gas industry, placing it in the top 0.5%.
Is Carnarvon Energy's Current Ratio too high?
Carnarvon Energy's current Current Ratio of 136.78 is 182% above median its 10-year median of 48.54. Over the past 10 years, this metric has ranged from a low of 21.32 to a high of 286.59. The Oil & Gas industry median Current Ratio is 1.36. Carnarvon Energy's value of 136.78 is 9994.5% above this industry median. Based on the distribution chart, Carnarvon Energy ranks #5 out of 1016 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Carnarvon Energy has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Carnarvon Energy's Current Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Carnarvon Energy ranks #5 out of 1016 companies for Current Ratio. This places Carnarvon Energy in the top 1% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.36. Carnarvon Energy's value of 136.78 is 9994.5% above this benchmark. Historically, Carnarvon Energy's own Current Ratio has ranged from 21.32 to 286.59 over the past decade. While the company's 10-year median is 48.54 vs. the industry median of 1.36, Carnarvon Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.36, based on 1,016 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carnarvon Energy's current Current Ratio of 136.78 is 9994.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median Current Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carnarvon Energy's current Current Ratio is 136.78, which is 182% above median its own 10-year median of 48.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carnarvon Energy stock overvalued right now?
Carnarvon Energy (ASX:CVN) has a current Current Ratio of 136.78. The current Current Ratio is 136.78, which is 182% above median its 10-year median of 48.54 and 9994.5% above the Oil & Gas industry median of 1.36. Carnarvon Energy's overall GF Score™ is 39/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Carnarvon Energy (ASX:CVN), the current Current Ratio is 136.78 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Carnarvon Energy Ltd is engaged in oil and gas exploration, development, and production in Australia. It holds interests in the Dorado and Pavo oil and condensate developments in the Bedout Basin, located on the North-West Shelf, offshore Western Australia.
39GF Score
Get the complete analysis for ASX:CVN
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:CVN has been successfully added to your 
