Omega Oil & GasASX:OMA 30 Current Ratio is 66.92 as of Dec. 2025, which is 288% above its 10-year median of 17.24. GuruFocus rates ASX:OMA with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 1,016 Oil & Gas companies, Omega Oil & Gas ranks better than 99.11% 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. Omega Oil & Gas's current ratio for the quarter that ended in Dec. 2025 was 66.92.
Omega Oil & Gas has a current ratio of 66.92. 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 Omega Oil & Gas's Current Ratio or its related term are showing as below:
ASX:OMA'
s Current Ratio Range Over the Past 10 Years
Min: 1.5 Med: 17.24 Max: 66.92
Current: 66.92
During the past 4 years, Omega Oil & Gas's highest Current Ratio was 66.92. The lowest was 1.50. And the median was 17.24.
ASX:OMA's Current Ratio is ranked better than 99.11% of 1016
companies
in the Oil & Gas industry
Industry Median: 1.355
vs ASX:OMA: 66.92
Omega Oil & Gas (ASX:OMA) 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.
Omega Oil & Gas Current Ratio Related Terms
Omega Oil & Gas Current Ratio Historical Data
* Premium members only.
The historical data trend for Omega Oil & Gas'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:OMA vs COP, EOG, FANG: Current Ratio Comparison
For the Oil & Gas E&P subindustry, Omega Oil & Gas'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.
Omega Oil & Gas Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Omega Oil & Gas's Current Ratio distribution charts can be found below:
* The bar in red indicates where Omega Oil & Gas'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.
Omega Oil & Gas (ASX:OMA) has a Current Ratio of 66.92 as of Dec. 2025. This is 288% above median its historical median of 17.24. Over the past decade, Omega Oil & Gas' Current Ratio has ranged from 1.50 to 66.92. According to the industry distribution chart, Omega Oil & Gas ranks #9 out of 1016 companies in the Oil & Gas industry, placing it in the top 0.90000000000001%.
Is Omega Oil & Gas' Current Ratio too high?
Omega Oil & Gas' current Current Ratio of 66.92 is 288% above median its 10-year median of 17.24. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 66.92. The Oil & Gas industry median Current Ratio is 1.36. Omega Oil & Gas' value of 66.92 is 4838.7% above this industry median. Based on the distribution chart, Omega Oil & Gas ranks #9 out of 1016 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Omega Oil & Gas has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Omega Oil & Gas' Current Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Omega Oil & Gas ranks #9 out of 1016 companies for Current Ratio. This places Omega Oil & Gas in the top 1% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.36. Omega Oil & Gas' value of 66.92 is 4838.7% above this benchmark. Historically, Omega Oil & Gas' own Current Ratio has ranged from 1.50 to 66.92 over the past decade. While the company's 10-year median is 17.24 vs. the industry median of 1.36, Omega Oil & Gas 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. Omega Oil & Gas's current Current Ratio of 66.92 is 4838.7% 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. Omega Oil & Gas's current Current Ratio is 66.92, which is 288% above median its own 10-year median of 17.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Omega Oil & Gas stock overvalued right now?
Omega Oil & Gas (ASX:OMA) has a current Current Ratio of 66.92. The current Current Ratio is 66.92, which is 288% above median its 10-year median of 17.24 and 4838.7% above the Oil & Gas industry median of 1.36. Omega Oil & Gas' overall GF Score™ is 30/100 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 Omega Oil & Gas (ASX:OMA), the current Current Ratio is 66.92 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.
Omega Oil & Gas Ltd is an Australian exploration company unlocking oil and gas resources in Queensland's Taroom Trough, an emerging energy frontier. The company is advancing the Canyon Project within this under-explored region of the south Bowen Basin. Appraisal activities include drilling and fracture stimulation of the Canyon-1H well, and data acquisition at Canyon-2 confirming an extensive petroleum system. The company holds 100% interest in Authority to Prospect 2037 and 2038 located west of Tara. It is also conducting a strategic review of the Bennett Oil project in Petroleum Lease 17 near the Surat Basin and engaging with potential farm-in partners.
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