Sound Energy plc (SOU.L) Current Ratio

Price: $0.675
Market Cap: $14.04M
Avg Volume: 2.62M
Country: GB
Industry: Oil & Gas Exploration & Production
Sector: Energy
Beta: 1.644
52W Range: $0.6-1.3
Website: Sound Energy plc

Sound Energy plc Current Ratio

  • Annual: 2.20
  • Quarterly: 0.60
  • TTM: 0.60

What is the Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.

Related Metrics

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

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 1.88
    • Quarterly: 0.38
    • TTM: 0.38
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 1.07
    • Quarterly: 0.27
    • TTM: 0.27

These metrics provide insights into Sound 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 Current Ratio

2.20

Quarterly Current Ratio

0.60

TTM Current Ratio

0.60

Sound Energy plc Historical Current Ratio
8.008.006.006.004.004.002.002.000.000.00Current Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quick Ratio
8.008.006.006.004.004.002.002.000.000.00Quick Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Cash Ratio
4.004.003.003.002.002.001.001.000.000.00Cash Ratio20152015201620162017201720182018201920192020202020212021202220222023202320242024

Sound Energy plc Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Current Ratio Quick Ratio Cash Ratio
2023 2.20 1.88 1.07
2022 2.37 2.08 1.18
2021 3.11 2.53 1.94
2020 0.25 0.22 0.17
2019 2.72 2.34 1.75
2018 2.48 2.39 2.04
2017 3.41 3.35 1.91
2016 4.33 4.30 3.44
2015 2.27 2.24 1.94
2014 6.42 6.42 0.67

Related Metrics

Explore detailed financial metrics and analysis for SOU.L.

Financial Analysis
Financial Statements Stock Forecast Price Target Technical Analysis Stock Splits Employee Count
Company Intelligence
Ownership Insider Trading SEC Filings Congress Trading News Earnings Call Transcripts
Income & Revenue
Earnings Revenue Revenue Growth Profit Net Income Profit Margin EBITDA Free Cash Flow Revenue Segments
Valuation
Valuation Market Cap Enterprise Value P/E Ratio PEG Ratio P/S Ratio P/B Ratio Book Value
Returns & Ratios
ROIC ROE ROA Current Ratio Quick Ratio Debt/Equity Ratio Earnings Per Share
Balance Sheet
Assets Debt Cash On Hand Shares Outstanding
Dividends
Dividends Dividend Yield Payout Ratio