Prominence EnergyASX:PRM Current Ratio is 13.68 as of Dec. 2025, which is 1325% above its 10-year median of 0.96. The stock has 1 warning sign investors should review. Among 1,012 Oil & Gas companies, Prominence Energy ranks better than 95.75% 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. Prominence Energy's current ratio for the quarter that ended in Dec. 2025 was 13.68.
Prominence Energy has a current ratio of 13.68. 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 Prominence Energy's Current Ratio or its related term are showing as below:
ASX:PRM'
s Current Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.96 Max: 13.68
Current: 13.68
During the past 13 years, Prominence Energy's highest Current Ratio was 13.68. The lowest was 0.02. And the median was 0.96.
ASX:PRM's Current Ratio is ranked better than 95.75% of 1012
companies
in the Oil & Gas industry
Industry Median: 1.35
vs ASX:PRM: 13.68
Prominence Energy (ASX:PRM) 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.
Prominence Energy Current Ratio Related Terms
Prominence Energy Current Ratio Historical Data
* Premium members only.
The historical data trend for Prominence 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:PRM vs COP, EOG, FANG: Current Ratio Comparison
For the Oil & Gas E&P subindustry, Prominence 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.
Prominence Energy Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Prominence Energy's Current Ratio distribution charts can be found below:
* The bar in red indicates where Prominence 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.
Prominence Energy (ASX:PRM) has a Current Ratio of 13.68 as of Dec. 2025. This is 1325% above median its historical median of 0.96. Over the past decade, Prominence Energy's Current Ratio has ranged from 0.02 to 13.68. According to the industry distribution chart, Prominence Energy ranks #43 out of 1012 companies in the Oil & Gas industry, placing it in the top 4.2%.
Is Prominence Energy's Current Ratio too high?
Prominence Energy's current Current Ratio of 13.68 is 1325% above median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 13.68. The Oil & Gas industry median Current Ratio is 1.35. Prominence Energy's value of 13.68 is 913.3% above this industry median. Based on the distribution chart, Prominence Energy ranks #43 out of 1012 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Prominence Energy's Current Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Prominence Energy ranks #43 out of 1012 companies for Current Ratio. This places Prominence Energy in the top 4% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.35. Prominence Energy's value of 13.68 is 913.3% above this benchmark. Historically, Prominence Energy's own Current Ratio has ranged from 0.02 to 13.68 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 1.35, Prominence 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 1.35, based on 1,012 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. Prominence Energy's current Current Ratio of 13.68 is 913.3% 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 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prominence Energy's current Current Ratio is 13.68, which is 1325% above median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prominence Energy stock overvalued right now?
Prominence Energy (ASX:PRM) has a current Current Ratio of 13.68. The current Current Ratio is 13.68, which is 1325% above median its 10-year median of 0.96 and 913.3% above the Oil & Gas industry median of 1.35. 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 Prominence Energy (ASX:PRM), the current Current Ratio is 13.68 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.
Prominence Energy Ltd is an oil and gas exploration company. It is engaged in the exploration, development, and production of oil and gas projects. Its project includes Bowsprit Oil. The company's geographical segment includes Australia and United States of America. It derives a majority of revenue from USA.
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