Ensign Energy ServicesTSX:ESI -0.93%75 Current Ratio is 1.31 as of Mar. 2026, which is 7% above its 10-year median of 1.22. GuruFocus rates TSX:ESI with a GF Score™ of 75/100 and a GF Value™ of C$2.34 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,016 Oil & Gas companies, Ensign Energy Services ranks worse than 51.08% 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. Ensign Energy Services's current ratio for the quarter that ended in Mar. 2026 was 1.31.
Ensign Energy Services has a current ratio of 1.31. It generally indicates good short-term financial strength.
The historical rank and industry rank for Ensign Energy Services's Current Ratio or its related term are showing as below:
TSX:ESI'
s Current Ratio Range Over the Past 10 Years
Min: 0.25 Med: 1.22 Max: 1.96
Current: 1.31
During the past 13 years, Ensign Energy Services's highest Current Ratio was 1.96. The lowest was 0.25. And the median was 1.22.
TSX:ESI's Current Ratio is ranked worse than 51.08% of 1016
companies
in the Oil & Gas industry
Industry Median: 1.355
vs TSX:ESI: 1.31
Ensign Energy Services (TSX:ESI) 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.
Ensign Energy Services Current Ratio Related Terms
Ensign Energy Services Current Ratio Historical Data
* 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 Drilling subindustry, Ensign Energy Services'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.
Ensign Energy Services Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ensign Energy Services's Current Ratio distribution charts can be found below:
* The bar in red indicates where Ensign Energy Services'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.
Ensign Energy Services (TSX:ESI) has a Current Ratio of 1.31 as of Mar. 2026. This is near median its historical median of 1.22. Over the past decade, Ensign Energy Services' Current Ratio has ranged from 0.25 to 1.96. According to the industry distribution chart, Ensign Energy Services ranks #519 out of 1016 companies in the Oil & Gas industry, placing it in the top 51.1%.
Is Ensign Energy Services' Current Ratio too high?
Ensign Energy Services' current Current Ratio of 1.31 is near median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.96. The Oil & Gas industry median Current Ratio is 1.36. Ensign Energy Services' value of 1.31 is 3.3% below this industry median. Based on the distribution chart, Ensign Energy Services ranks #519 out of 1016 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ensign Energy Services has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ensign Energy Services' Current Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Ensign Energy Services ranks #519 out of 1016 companies for Current Ratio. This places Ensign Energy Services in the lower half of its industry. The industry median Current Ratio is 1.36. Ensign Energy Services' value of 1.31 is 3.3% below this benchmark. Historically, Ensign Energy Services' own Current Ratio has ranged from 0.25 to 1.96 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 1.36, Ensign Energy Services 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 1.36, 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. Ensign Energy Services's current Current Ratio of 1.31 is 3.3% 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 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ensign Energy Services's current Current Ratio is 1.31, which is near median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ensign Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Ensign Energy Services (TSX:ESI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.34, compared to a current price of C$3.21 — trading 37.2% above its estimated fair value. The current Current Ratio is 1.31, which is near median its 10-year median of 1.22 and 3.3% below the Oil & Gas industry median of 1.36. Ensign Energy Services' overall GF Score™ is 75/100 with 3 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 Ensign Energy Services (TSX:ESI), the current Current Ratio is 1.31 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 Ensign Energy Services (TSX:ESI) Overvalued in 2026?
Based on GuruFocus' analysis, Ensign Energy Services stock appears to be overvalued.
The current stock price of C$3.21 is trading 37.2% above its estimated GF Value™ of C$2.34.
GuruFocus considers Ensign Energy Services to be Significantly Overvalued.
Key valuation signals for TSX:ESI:
Current Ratio: 1.31 (near median its 10-year median of 1.22)
GF Value™: C$2.34 vs. price of C$3.21 (37.2% above fair value)
Industry Position: 3.3% below the Oil & Gas median (#519 of 1016)
No single metric tells the full story. See the TSX:ESI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.
75GF Score
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