Tourmaline Oil Corp. Quick Ratio for the year ending December 31, 2023: 1.26

Tourmaline Oil Corp. Quick Ratio is 1.26 for the year ending December 31, 2023, a -18.78% change year over year. Quick ratio measures the short-term obligations coverage with liquid assets; higher ratio indicates strong liquidity position.
  • Tourmaline Oil Corp. Quick Ratio for the year ending December 31, 2022 was 1.56, a 141.07% change year over year.
  • Tourmaline Oil Corp. Quick Ratio for the year ending December 31, 2021 was 0.65, a -46.89% change year over year.
  • Tourmaline Oil Corp. Quick Ratio for the year ending December 31, 2020 was 1.22, a 79.20% change year over year.
  • Tourmaline Oil Corp. Quick Ratio for the year ending December 31, 2019 was 0.68, a 5.37% change year over year.
Key Data
Date Quick Ratio Current Ratio Interest Coverage Ratio Return on Capital Employed (ROCE)