HTPRF (HTC Purenergy) Current Ratio: 0.00 (As of Dec. 2024)

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What is HTC Purenergy Current Ratio?

HTC Purenergy HTPRF Current Ratio is 0.00 as of Dec. 2024.

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. HTC Purenergy's current ratio for the quarter that ended in Dec. 2024 was 0.00.

HTC Purenergy has a current ratio of 0.00. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If HTC Purenergy 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 HTC Purenergy's Current Ratio or its related term are showing as below:

HTPRF's Current Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.35
* Ranked among companies with meaningful Current Ratio only.

HTC Purenergy  (OTCPK:HTPRF) 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.


HTC Purenergy Current Ratio Related Terms


HTC Purenergy Current Ratio Historical Data

* Premium members only.

The historical data trend for HTC Purenergy'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.

HTC Purenergy Current Ratio Chart

HTC Purenergy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 2.65 1.96 0.57 0.05

HTC Purenergy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Sep24 Dec24
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 0.13 0.08 0.06 0.01 0.00

HTPRF vs BROGF, FOMI, AVACF: Current Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, HTC Purenergy'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.


HTC Purenergy Current Ratio vs Oil & Gas Industry

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

* The bar in red indicates where HTC Purenergy's Current Ratio falls into.



HTC Purenergy 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.

HTC Purenergy's Current Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Current Ratio (A: Dec. 2022 )=Total Current Assets (A: Dec. 2022 )/Total Current Liabilities (A: Dec. 2022 )
=0.093/1.765
=0.05

HTC Purenergy's Current Ratio for the quarter that ended in Dec. 2024 is calculated as

Current Ratio (Q: Dec. 2024 )=Total Current Assets (Q: Dec. 2024 )/Total Current Liabilities (Q: Dec. 2024 )
=0.004/1.07
=0.00

* 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 0.00 mean?
HTC Purenergy (HTPRF) has a Current Ratio of 0.00 as of Dec. 2024.
Is HTC Purenergy's Current Ratio too high?
HTC Purenergy's current Current Ratio is 0.00.
How does HTC Purenergy's Current Ratio compare to BROGF and FOMI?
HTC Purenergy's Current Ratio of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Current Ratio is 1.35. 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. 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. HTC Purenergy's current Current Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HTC Purenergy stock overvalued right now?
HTC Purenergy (HTPRF) has a current Current Ratio of 0.00. The current Current Ratio is 0.00. 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 HTC Purenergy (HTPRF), the current Current Ratio is 0.00 as of Dec. 2024. 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.

HTC Purenergy Business Description

Industry EnergyOil & Gas
Address 2305 Victoria Avenue, Suite 002, Regina, SK, CAN, S4P 0S7
HTC Purenergy Inc is engaged in the development, aggregation, and commercialization of proprietary technologies relating to CO2 capture and CO2 solvent recovery. The company provides services to two industries Industrial and Energy services and Clean Energy Technologies. It operates through one segment: HTC Extraction Systems, which is engaged in the processing of hemp biomass and the provision of related products and services.