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. Yuma Energy's current ratio for the quarter that ended in Sep. 2019 was 0.44.
Yuma Energy has a current ratio of 0.44. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Yuma 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 Yuma Energy's Current Ratio or its related term are showing as below:
YUMAQ's Current Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.35 * Ranked among companies with meaningful Current Ratio only.
Yuma Energy (OTCPK:YUMAQ) 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.
Yuma Energy Current Ratio Related Terms
Yuma Energy Current Ratio Historical Data
* Premium members only.
The historical data trend for Yuma 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.
YUMAQ vs DBRM, EXNT, IFNY: Current Ratio Comparison
For the Oil & Gas E&P subindustry, Yuma 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.
Yuma Energy Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Yuma Energy's Current Ratio distribution charts can be found below:
* The bar in red indicates where Yuma Energy'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.
Yuma Energy (YUMAQ) has a Current Ratio of 0.44 as of Sep. 2019.
Is Yuma Energy's Current Ratio too high?
Yuma Energy's current Current Ratio is 0.44. The Oil & Gas industry median Current Ratio is 1.35. Yuma Energy's value of 0.44 is 67.4% below this industry median. Overall, Yuma Energy has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Yuma Energy's Current Ratio compare to DBRM and EXNT?
Yuma Energy's Current Ratio of 0.44 can be compared against companies in the Oil & Gas industry. The industry median Current Ratio is 1.35. Yuma Energy's value of 0.44 is 67.4% 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 1,012 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. Yuma Energy's current Current Ratio of 0.44 is 67.4% 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. Yuma Energy's current Current Ratio is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yuma Energy stock overvalued right now?
Yuma Energy (YUMAQ) has a current Current Ratio of 0.44. The current Current Ratio is 0.44 and 67.4% below the Oil & Gas industry median of 1.35. Yuma Energy's overall GF Score™ is 12/100. 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 Yuma Energy (YUMAQ), the current Current Ratio is 0.44 as of Sep. 2019. 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.
Yuma Energy Inc is active in the oil and gas domain. It is an oil and gas company focused on the acquisition, development, and exploration of conventional and unconventional oil and natural gas resources in the United States Gulf Coast and California. Its operations are focused on onshore assets located in central and southern Louisiana, where it is targeting the Austin Chalk, Tuscaloosa, Wilcox, Frio, Marg Tex and Hackberry formations. In addition, it has a non-operated position in the Bakken Shale in North Dakota and operated positions in Kern and Santa Barbara Counties in California. It also holds operated and non-operated properties in southeast Texas containing both conventional and unconventional properties located in Jefferson and Madison counties.
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