Nostrum Oil & GasCHIX:NOGL Current Ratio is 0.26 as of Mar. 2026, which is 85% below its 10-year median of 1.71. The stock has 6 warning signs investors should review. Among 1,014 Oil & Gas companies, Nostrum Oil & Gas ranks worse than 93.49% 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. Nostrum Oil & Gas's current ratio for the quarter that ended in Mar. 2026 was 0.26.
Nostrum Oil & Gas has a current ratio of 0.26. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Nostrum Oil & Gas has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Nostrum Oil & Gas's Current Ratio or its related term are showing as below:
CHIX:NOGl'
s Current Ratio Range Over the Past 10 Years
Min: 0.11 Med: 1.71 Max: 7.33
Current: 0.26
During the past 13 years, Nostrum Oil & Gas's highest Current Ratio was 7.33. The lowest was 0.11. And the median was 1.71.
CHIX:NOGl's Current Ratio is ranked worse than 93.49% of 1014
companies
in the Oil & Gas industry
Industry Median: 1.35
vs CHIX:NOGl: 0.26
Nostrum Oil & Gas (CHIX:NOGl) 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.
Nostrum Oil & Gas Current Ratio Related Terms
Nostrum Oil & Gas Current Ratio Historical Data
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The historical data trend for Nostrum 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.
For the Oil & Gas Integrated subindustry, Nostrum 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.
Nostrum Oil & Gas Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Nostrum Oil & Gas's Current Ratio distribution charts can be found below:
* The bar in red indicates where Nostrum 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.
Nostrum Oil & Gas (CHIX:NOGL) has a Current Ratio of 0.26 as of Mar. 2026. This is 85% below median its historical median of 1.71. Over the past decade, Nostrum Oil & Gas' Current Ratio has ranged from 0.11 to 7.33. According to the industry distribution chart, Nostrum Oil & Gas ranks #948 out of 1014 companies in the Oil & Gas industry, placing it in the top 93.5%.
Is Nostrum Oil & Gas' Current Ratio too high?
Nostrum Oil & Gas' current Current Ratio of 0.26 is 85% below median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 7.33. The Oil & Gas industry median Current Ratio is 1.35. Nostrum Oil & Gas' value of 0.26 is 80.7% below this industry median. Based on the distribution chart, Nostrum Oil & Gas ranks #948 out of 1014 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Nostrum Oil & Gas' Current Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Nostrum Oil & Gas ranks #948 out of 1014 companies for Current Ratio. This places Nostrum Oil & Gas in the lower half of its industry. The industry median Current Ratio is 1.35. Nostrum Oil & Gas' value of 0.26 is 80.7% below this benchmark. Historically, Nostrum Oil & Gas' own Current Ratio has ranged from 0.11 to 7.33 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 1.35, Nostrum Oil & Gas has consistently been below 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 1,014 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. Nostrum Oil & Gas's current Current Ratio of 0.26 is 80.7% below 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. Nostrum Oil & Gas's current Current Ratio is 0.26, which is 85% below median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nostrum Oil & Gas stock overvalued right now?
Nostrum Oil & Gas (CHIX:NOGL) has a current Current Ratio of 0.26. The current Current Ratio is 0.26, which is 85% below median its 10-year median of 1.71 and 80.7% below 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 Nostrum Oil & Gas (CHIX:NOGL), the current Current Ratio is 0.26 as of Mar. 2026. 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.
Nostrum Oil & Gas PLC is engaged in the production, development, and exploration of oil and gas in Kazakhstan. It provides the market with crude oil, stabilized liquid condensate, liquefied petroleum gas, and dry gas. Majority of the company's production is derived from licensed assets in the pre-Caspian basin that can be found in western Kazakhstan. In addition to handling the production of its oil assets, Nostrum handles marketing and transportation. It has a network of pipelines and terminals that help ship products to a variety of end markets. The company's client base includes a host of international customers.
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