Hurricane Energy plc (HUR.L) Quick Ratio

Price: $7.79
Market Cap: $155.17M
Avg Volume: 7.99M
Country: GB
Industry: Oil & Gas Exploration & Production
Sector: Energy
Beta: 0.845647
52W Range: $0.0-9.39
Website: Hurricane Energy plc

Hurricane Energy plc Quick Ratio

  • Annual: 3.02
  • Quarterly: 0.00
  • TTM: 3.02

What is the Quick Ratio?

The quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets. It excludes inventory from current assets, providing a more stringent measure than the current ratio.

Related Metrics

Other important metrics to assess Hurricane Energy plc's financial health include:

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
    • Annual: 3.58
    • Quarterly: 0.00
    • TTM: 3.58
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 2.94
    • Quarterly: 0.00
    • TTM: 2.94

These metrics provide insights into Hurricane Energy plc's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Quick Ratio

3.02

Quarterly Quick Ratio

0.00

TTM Quick Ratio

3.02

Hurricane Energy plc Historical Quick Ratio
40.0040.0030.0030.0020.0020.0010.0010.000.000.00Quick Ratio20142014201520152016201620172017201820182019201920202020202120212022202220232023
Historical Current Ratio
40.0040.0030.0030.0020.0020.0010.0010.000.000.00Current Ratio20142014201520152016201620172017201820182019201920202020202120212022202220232023
Historical Cash Ratio
35.0035.0028.0028.0021.0021.0014.0014.007.007.000.000.00Cash Ratio20142014201520152016201620172017201820182019201920202020202120212022202220232023

Hurricane Energy plc Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2022.

Year Quick Ratio Current Ratio Cash Ratio
2022 3.02 3.58 2.94
2021 0.72 0.97 0.70
2020 3.15 3.37 2.86
2019 2.32 2.42 1.66
2018 1.84 1.93 1.51
2017 12.09 12.14 4.32
2016 4.02 4.04 3.39
2015 38.23 39.75 28.13
2014 11.71 11.71 9.06
2013 0.97 0.97 0.87

Related Metrics

Explore detailed financial metrics and analysis for HUR.L.