Advantage Energy (TSX:AAV) Current Ratio: 0.38 (As of Mar. 2026) — 53% Below Median


TSX:AAV Advantage Energy Ltd TSX:AAV
84 GF Score
Price C$10.31
GF Value C$12.36
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Advantage Energy Current Ratio?

Advantage Energy TSX:AAV +0.10% 84 Current Ratio is 0.38 as of Mar. 2026, which is 53% below its 10-year median of 0.80. GuruFocus rates TSX:AAV with a GF Score™ of 84/100 and a GF Value™ of C$12.36 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,014 Oil & Gas companies, Advantage Energy ranks worse than 91.03% 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. Advantage Energy's current ratio for the quarter that ended in Mar. 2026 was 0.38.

Advantage Energy has a current ratio of 0.38. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Advantage Energy 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 Advantage Energy's Current Ratio or its related term are showing as below:

TSX:AAV' s Current Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.8   Max: 2.23
Current: 0.38

During the past 13 years, Advantage Energy's highest Current Ratio was 2.23. The lowest was 0.38. And the median was 0.80.

TSX:AAV's Current Ratio is ranked worse than
91.03% of 1014 companies
in the Oil & Gas industry
Industry Median: 1.345 vs TSX:AAV: 0.38

Advantage Energy  (TSX:AAV) 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.


Advantage Energy Current Ratio Related Terms


Advantage Energy Current Ratio Historical Data

* Premium members only.

The historical data trend for Advantage 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.

Advantage Energy Current Ratio Chart

Advantage Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.30 0.84 0.65 0.39

Advantage Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.51 0.67 0.40 0.39 0.38

TSX:AAV vs COP, EOG, FANG: Current Ratio Comparison

For the Oil & Gas E&P subindustry, Advantage 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.


Advantage Energy Current Ratio vs Oil & Gas Industry

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

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


TSX:AAV
84GF Score
Advantage Energy Ltd TSX:AAV
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Advantage Energy 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.

Advantage Energy's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=148.558/383.222
=0.39

Advantage Energy's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=196/515.402
=0.38

* 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 0.38 mean?
Advantage Energy (TSX:AAV) has a Current Ratio of 0.38 as of Mar. 2026. This is 53% below median its historical median of 0.80. Over the past decade, Advantage Energy's Current Ratio has ranged from 0.38 to 2.23. According to the industry distribution chart, Advantage Energy ranks #923 out of 1014 companies in the Oil & Gas industry, placing it in the top 91%.
Is Advantage Energy's Current Ratio too high?
Advantage Energy's current Current Ratio of 0.38 is 53% below median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 2.23. The Oil & Gas industry median Current Ratio is 1.35. Advantage Energy's value of 0.38 is 71.7% below this industry median. Based on the distribution chart, Advantage Energy ranks #923 out of 1014 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Advantage Energy has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advantage Energy's Current Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Advantage Energy ranks #923 out of 1014 companies for Current Ratio. This places Advantage Energy in the lower half of its industry. The industry median Current Ratio is 1.35. Advantage Energy's value of 0.38 is 71.7% below this benchmark. Historically, Advantage Energy's own Current Ratio has ranged from 0.38 to 2.23 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 1.35, Advantage Energy 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. Advantage Energy's current Current Ratio of 0.38 is 71.7% 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. Advantage Energy's current Current Ratio is 0.38, which is 53% below median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advantage Energy stock overvalued right now?
Based on GuruFocus' analysis, Advantage Energy (TSX:AAV) is currently considered Modestly Undervalued. The stock's GF Value™ is C$12.36, compared to a current price of C$10.31 — trading 16.6% below its estimated fair value. The current Current Ratio is 0.38, which is 53% below median its 10-year median of 0.80 and 71.7% below the Oil & Gas industry median of 1.35. Advantage Energy's overall GF Score™ is 84/100 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 Advantage Energy (TSX:AAV), the current Current Ratio is 0.38 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.

Is Advantage Energy (TSX:AAV) Overvalued in 2026?

Based on GuruFocus' analysis, Advantage Energy stock appears to be undervalued. The current stock price of C$10.31 is trading 16.6% below its estimated GF Value™ of C$12.36. GuruFocus considers Advantage Energy to be Modestly Undervalued.

Key valuation signals for TSX:AAV:

  • Current Ratio: 0.38 (53% below median its 10-year median of 0.80)
  • GF Value™: C$12.36 vs. price of C$10.31 (16.6% below fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 71.7% below the Oil & Gas median (#923 of 1014)

No single metric tells the full story. See the TSX:AAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advantage Energy Business Description

Industry EnergyOil & Gas
Other Exchanges AAVVF:USA9SA0:Germany
Address 440 - 2nd Avenue SW, Millennium Tower, Suite 2200, Calgary, AB, CAN, T2P 5E9
Advantage Energy Ltd is an energy producer with a position in the Western Canadian Sedimentary Basin. Additionally, it provides carbon capture and storage (CCS) solutions to emitters of carbon dioxide through its subsidiary. Its segments include Advantage (natural gas and liquids producer) engaged in the business of natural gas, crude oil and liquids production from its Montney and Charlie Lake resource plays in Alberta and B.C.; and Entropy (carbon capture and storage) provides carbon capture and storage solutions to emitters of carbon dioxide. Entropy captures and sequesters carbon at Advantage's Glacier Gas Plant.
84GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$10.31
Price
C$12.36
GF Value