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. PJSC Lukoil's current ratio for the quarter that ended in Sep. 2023 was 1.01.
PJSC Lukoil has a current ratio of 1.01. It generally indicates good short-term financial strength.
The historical rank and industry rank for PJSC Lukoil's Current Ratio or its related term are showing as below:
LSE:31KX'
s Current Ratio Range Over the Past 10 Years
Min: 0.55 Med: 1.55 Max: 1.95
Current: 1.01
During the past 13 years, PJSC Lukoil's highest Current Ratio was 1.95. The lowest was 0.55. And the median was 1.55.
LSE:31KX's Current Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.34
vs LSE:31KX: 1.01
PJSC Lukoil (LSE:31KX) 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.
PJSC Lukoil Current Ratio Related Terms
PJSC Lukoil Current Ratio Historical Data
* Premium members only.
The historical data trend for PJSC Lukoil'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, PJSC Lukoil'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.
PJSC Lukoil Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PJSC Lukoil's Current Ratio distribution charts can be found below:
* The bar in red indicates where PJSC Lukoil'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.
PJSC Lukoil (LSE:31KX) has a Current Ratio of 1.01 as of Sep. 2023. This is 35% below median its historical median of 1.55. Over the past decade, PJSC Lukoil's Current Ratio has ranged from 0.55 to 1.95.
Is PJSC Lukoil's Current Ratio too high?
PJSC Lukoil's current Current Ratio of 1.01 is 35% below median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.95. The Oil & Gas industry median Current Ratio is 1.34. PJSC Lukoil's value of 1.01 is 24.6% below this industry median. Overall, PJSC Lukoil has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PJSC Lukoil's Current Ratio compare to XOM and CVX?
PJSC Lukoil's Current Ratio of 1.01 can be compared against companies in the Oil & Gas industry. The industry median Current Ratio is 1.34. PJSC Lukoil's value of 1.01 is 24.6% below this benchmark. Historically, PJSC Lukoil's own Current Ratio has ranged from 0.55 to 1.95 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 1.34, PJSC Lukoil 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 1.34, based on 1,013 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. PJSC Lukoil's current Current Ratio of 1.01 is 24.6% 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 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PJSC Lukoil's current Current Ratio is 1.01, which is 35% below median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJSC Lukoil stock overvalued right now?
PJSC Lukoil (LSE:31KX) has a current Current Ratio of 1.01. The current Current Ratio is 1.01, which is 35% below median its 10-year median of 1.55 and 24.6% below the Oil & Gas industry median of 1.34. PJSC Lukoil's overall GF Score™ is 17/100 with 6 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 PJSC Lukoil (LSE:31KX), the current Current Ratio is 1.01 as of Sep. 2023. 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.
PJSC Lukoil directs the financial decisions and operations of the main group's subsidiaries. Altogether, Lukoil is an integrated oil company that has exposure to the entire range of activities in the oil and gas cycle from exploration to sales of refined products. Exploration and production activities are conducted with assets located in Russia, Iraq, and Uzbekistan, on offshore and onshore fields. Lukoil brings an array of petroleum products to the market through its refinery unit, including gasoline, medium distillates, dark petroleum products, lubricants, and other related products. Russia constitutes a significant portion of the group's distribution network; however, its products penetrate a number of different markets in Europe and the Americas.
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