PR Current Ratio Analysis
Higher than 26% of Energy sector peers
Updated 144h ago·SEC filings & market data
Key Takeaway
The Current Ratio of 0.66x means the company has $0.66 in current assets for every $1.00 of current liabilities, indicating it may struggle to cover short-term obligations.
Sector Performance
26th percentilePR
0.66x
Sector Median
0.91x
Sector Avg
1.00x
Deep Analysis
The Current Ratio of 0.66x means the company has $0.66 in current assets for every $1.00 of current liabilities, indicating it may struggle to cover short-term obligations.
This is below the Energy sector median of 0.90x, placing PR in the 28th percentile among its peers — meaning 72% of sector peers have a higher ratio. Trend data is not available: the year-over-year change is N/A, the quarter-over-quarter change is N/A, and the last 8 quarters show no historical values beyond the single reported figure of 0.66x. Because the ratio is low and no trend can be assessed, the risk is that liquidity is currently strained, but there is no evidence of deterioration or improvement. This metric — a weak current ratio without a directional trend — introduces a cautionary note that aligns with a NEUTRAL verdict, as it neither confirms a clear downside nor an upside opportunity.
Frequently Asked Questions
What does the Current Ratio tell investors about PR?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
How does PR's Current Ratio compare to its sector?
PR's Current Ratio of 0.66x compares to a Energy sector median of 0.91x, placing it in the 26th percentile.
Who are PR's closest peers by Current Ratio?
The closest Energy peers by Current Ratio include: PXD (0.90x), EPD (0.91x), APA (0.92x), CNQ (0.95x), ENB (0.81x).
Learn More About Current Ratio
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
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0.66x
Sector Median
0.91x
Sector Avg
1.00x
How PR's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.