EGYF (Energy Finders) Current Ratio: 1.64 (As of Mar. 2098)


What is Energy Finders Current Ratio?

Energy Finders EGYF Current Ratio is 1.64 as of Mar. 2098.

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. Energy Finders's current ratio for the quarter that ended in Mar. 2098 was 1.64.

Energy Finders has a current ratio of 1.64. It generally indicates good short-term financial strength.

The historical rank and industry rank for Energy Finders's Current Ratio or its related term are showing as below:

EGYF's Current Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.355
* Ranked among companies with meaningful Current Ratio only.

Energy Finders  (OTCPK:EGYF) 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.


Energy Finders Current Ratio Related Terms


Energy Finders Current Ratio Historical Data

* Premium members only.

The historical data trend for Energy Finders'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.

Energy Finders Current Ratio Chart

Energy Finders Annual Data
Trend Jun91 Jun92 Jun93 Jun94 Jun95 Jun96
Current Ratio
Get a 7-Day Free Trial 4.56 1.27 2.26 1.86 1.30

Energy Finders Quarterly Data
Jun93 Sep93 Dec93 Mar94 Jun94 Sep94 Dec94 Mar95 Jun95 Sep95 Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec97 Mar98
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.34 1.11 1.11 1.10 1.64

EGYF vs FPPP, UNGS, GBEYF: Current Ratio Comparison

For the Oil & Gas E&P subindustry, Energy Finders'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.


Energy Finders Current Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Energy Finders's Current Ratio distribution charts can be found below:

* The bar in red indicates where Energy Finders's Current Ratio falls into.



Energy Finders Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Energy Finders's Current Ratio for the fiscal year that ended in Jun. 2096 is calculated as

Current Ratio (A: Jun. 2096 )=Total Current Assets (A: Jun. 2096 )/Total Current Liabilities (A: Jun. 2096 )
=9/6.9
=1.30

Energy Finders's Current Ratio for the quarter that ended in Mar. 2098 is calculated as

Current Ratio (Q: Mar. 2098 )=Total Current Assets (Q: Mar. 2098 )/Total Current Liabilities (Q: Mar. 2098 )
=7.4/4.5
=1.64

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.64 mean?
Energy Finders (EGYF) has a Current Ratio of 1.64 as of Mar. 2098.
Is Energy Finders' Current Ratio too high?
Energy Finders' current Current Ratio is 1.64. The Oil & Gas industry median Current Ratio is 1.36. Energy Finders' value of 1.64 is 21% above this industry median.
How does Energy Finders' Current Ratio compare to FPPP and UNGS?
Energy Finders' Current Ratio of 1.64 can be compared against companies in the Oil & Gas industry. The industry median Current Ratio is 1.36. Energy Finders' value of 1.64 is 21% above this benchmark. 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. Energy Finders's current Current Ratio of 1.64 is 21% 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. Energy Finders's current Current Ratio is 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Finders stock overvalued right now?
Energy Finders (EGYF) has a current Current Ratio of 1.64. The current Current Ratio is 1.64 and 21% above the Oil & Gas industry median of 1.36. 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 Energy Finders (EGYF), the current Current Ratio is 1.64 as of Mar. 2098. 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.

Energy Finders Business Description

Industry EnergyOil & Gas
Address 115 West Street, Suite 301, Annapolis, MD, USA, 21401
Energy Finders Inc is specialized in developing applications in the Infrastructure, Energy and Environment sectors and Critical Infrastructure applications.