Petrol AD (XBUL:PET) Current Ratio: 1.32 (As of Mar. 2025)

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XBUL:PET Petrol AD XBUL:PET
21 GF Score
Price €0.35
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What is Petrol AD Current Ratio?

Petrol AD XBUL:PET +13.55% 21 Current Ratio is 1.32 as of Mar. 2025. GuruFocus rates XBUL:PET with a GF Score™ of 21/100.

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. Petrol AD's current ratio for the quarter that ended in Mar. 2025 was 1.32.

Petrol AD has a current ratio of 1.32. It generally indicates good short-term financial strength.

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

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

Petrol AD  (XBUL:PET) 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.


Petrol AD Current Ratio Related Terms


Petrol AD Current Ratio Historical Data

* Premium members only.

The historical data trend for Petrol AD'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.

Petrol AD Current Ratio Chart

Petrol AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.94 1.13 1.20 1.38

Petrol AD Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Dec23 Mar24 Sep24 Dec24 Mar25
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 1.20 0.00 1.14 1.38 1.32

XBUL:PET vs PSX, VLO, MPC: Current Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Petrol AD'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.


Petrol AD Current Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Petrol AD's Current Ratio falls into.


XBUL:PET
21GF Score
Petrol AD XBUL:PET
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Petrol AD 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.

Petrol AD's Current Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Current Ratio (A: Dec. 2024 )=Total Current Assets (A: Dec. 2024 )/Total Current Liabilities (A: Dec. 2024 )
=62.023/44.874
=1.38

Petrol AD's Current Ratio for the quarter that ended in Mar. 2025 is calculated as

Current Ratio (Q: Mar. 2025 )=Total Current Assets (Q: Mar. 2025 )/Total Current Liabilities (Q: Mar. 2025 )
=63.998/48.501
=1.32

* 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 1.32 mean?
Petrol AD (XBUL:PET) has a Current Ratio of 1.32 as of Mar. 2025.
Is Petrol AD's Current Ratio too high?
Petrol AD's current Current Ratio is 1.32. The Oil & Gas industry median Current Ratio is 1.35. Petrol AD's value of 1.32 is 2.2% below this industry median. Overall, Petrol AD has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Petrol AD's Current Ratio compare to PSX and VLO?
Petrol AD's Current Ratio of 1.32 can be compared against companies in the Oil & Gas industry. The industry median Current Ratio is 1.35. Petrol AD's value of 1.32 is 2.2% below 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 1.35, based on 1,015 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. Petrol AD's current Current Ratio of 1.32 is 2.2% 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. Petrol AD's current Current Ratio is 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petrol AD stock overvalued right now?
Petrol AD (XBUL:PET) has a current Current Ratio of 1.32. The current Current Ratio is 1.32 and 2.2% below the Oil & Gas industry median of 1.35. Petrol AD's overall GF Score™ is 21/100. 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 Petrol AD (XBUL:PET), the current Current Ratio is 1.32 as of Mar. 2025. 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.

Petrol AD Business Description

Industry EnergyOil & Gas
Address bul. Cherni vrah 43, rayon Lozenets, Sofia, BGR, 1407
Petrol AD is engaged in the distribution of fuels in Bulgaria. Its other business activities comprise selling of fuel at retail and wholesale, storage of fuels and maintenance of fuel sales facilities.
21GF Score

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

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