Erin Energy Quick Ratio (ERN) starting from the fourth quarter 2017 to fourth quarter 2016, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Erin Energy Corp.  (ERN)
    Sector • Energy    Industry • Oil And Gas Production
   Industry • Oil And Gas Production
   Sector • Energy

Erin Energy's Quick Ratio

ERN's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the fourth quarter 2017, Quick Ratio fell to 0.08 below Erin Energy Corp. average.

Within Oil And Gas Production industry 114 other companies have achieved higher Quick Ratio than Erin Energy in fourth quarter 2017. While Quick Ratio total ranking has improved so far during the Q4 2017 to 4121, from total ranking in the third quarter 2017 at 4315.

Explain Quick Ratio?
How much Cash & cash equivalents ERN´s has?
What are ERN´s Current Liabilities?




ERN Quick Ratio (Dec 31 2017)
Q4
(Sep 30 2017)
Q3
(Jun 30 2017)
Q2
(Mar 31 2017)
Q1
(Dec 31 2016)
Q4
Y / Y Current Liabilities Change 38.16 % 48.09 % 15.07 % -17.65 % -7.09 %
Y / Y Cash & cash equivalent Change 246 % 192.85 % 165.49 % 2205.17 % -42.57 %
Quick Ratio MRQ 0.08 0.09 0.07 0.1 0.03
ERN's Total Ranking # 4121 # 4315 # 4121 # 4121 #
Seq. Current Liabilities Change 8.76 % 15.45 % 9.38 % 0.6 % 16.57 %
Seq. Cash & cash equivalent Change 5.94 % 37.32 % -18.52 % 191.89 % -10.34 %



Quick Ratio fourth quarter 2017 Company Ranking
Within: No.
Oil And Gas Production Industry # 115
Energy Sector # 164
Overall Market # 4121


Quick Ratio Statistics
High Average Low
0.62 0.15 0
(Jun 30 2014)   (Mar 31 2016)




Financial Statements
Erin Energy's Current Liabilities $ 398 Millions Visit ERN's Balance sheet
Erin Energy's Cash & cash equivalent $ 34 Millions Visit ERN's Balance sheet
Source of ERN's Sales Visit ERN's Sales by Geography


Cumulative Erin Energy's Quick Ratio

ERN's Quick Ratio for the trailling 12 Months

ERN Quick Ratio

(Dec 31 2017)
12 Months
(Sep 30 2017)
12 Months
(Jun 30 2017)
12 Months
(Mar 31 2017)
12 Months
(Dec 31 2016)
12 Months
Y / Y Current Liabilities TTM Growth 17.9 % 6.44 % -4.06 % -3.5 % 18.69 %
Y / Y Cash & cash equivalent TTM Growth 283.18 % 146.54 % 78.95 % 45.48 % -45.82 %
Quick Ratio TTM 0.09 0.07 0.06 0.05 0.03
Total Ranking TTM # 4759 # 4796 # 4248 # 4783 #
Seq. Current Liabilities TTM Growth 8.72 % 10.41 % 3.77 % -5.34 % -1.86 %
Seq. Cash & cash equivalent TTM Growth 25.72 % 29.01 % 25 % 88.99 % -19.11 %


On the trailing twelve months basis ERN Cash & cash equivalent more than doubled by 246 % in Q4 2017 year on year, faster than Current Liabilities, this led to increase in in Erin Energy's Quick Ratio to 0.09, Quick Ratio remained below ERN average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Oil And Gas Production industry 153 other companies have achieved higher Quick Ratio than Erin Energy. While Quick Ratio overall ranking has improved so far to 4759, from total ranking during the twelve months ending third quarter 2017 at 4796.

Explain Quick Ratio?
How much Cash & cash equivalents ERN´s has?
What are ERN´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Oil And Gas Production Industry # 154
Energy Sector # 224
Within the Market # 4759


trailing twelve months Quick Ratio Statistics
High Average Low
0.37 0.13 0.03
(Sep. 30, 2014)   (Dec 31 2016)




Companies with similar Quick Ratio in the quarter ending Dec 31 2017, within Oil And Gas Production Industry Quick RatioDec 31 2017 MRQ Cash & cash equivalentDec 31 2017 MRQ Current Liabilities
Occidental Petroleum Corporation  0.23 $ 1,672.000  Millions$ 7,400.000  Millions
Petrochina Co Ltd  0.22 $ 19,012.342  Millions$ 85,635.050  Millions
Wpx Energy Inc   0.22 $ 189.000  Millions$ 879.000  Millions
Petrobras Petroleo Brasileiro Sa  0.21 $ 22,998.000  Millions$ 109,598.000  Millions
Citadel Exploration, Inc.  0.19 $ 0.772  Millions$ 3.960  Millions
Lilis Energy Inc   0.19 $ 17.462  Millions$ 92.149  Millions
Ecopetrol S a   0.19 $ 2,874.332  Millions$ 15,215.136  Millions
Primeenergy Resources Corporation  0.18 $ 8.438  Millions$ 47.170  Millions
Gulfport Energy Corporation  0.17 $ 99.557  Millions$ 586.885  Millions
Liberty Energy Inc   0.16 $ 16.321  Millions$ 101.078  Millions
Shell Plc  0.15 $ 20,312.000  Millions$ 132,530.000  Millions
Tetra Technologies Inc   0.15 $ 26.389  Millions$ 172.593  Millions
Laredo Oil Inc   0.14 $ 0.331  Millions$ 2.285  Millions
Callon Petroleum Co  0.14 $ 27.995  Millions$ 207.057  Millions
Eqt Corporation  0.13 $ 147.315  Millions$ 1,093.148  Millions
Core Laboratories Inc   0.13 $ 14.400  Millions$ 109.875  Millions
New Concept Energy Inc   0.13 $ 0.419  Millions$ 3.326  Millions
Semgroup Corporation  0.12 $ 93.699  Millions$ 766.561  Millions
Csi Compressco Lp  0.12 $ 7.601  Millions$ 64.006  Millions
Jones Energy, Inc.  0.12 $ 19.472  Millions$ 166.487  Millions
Petrolia Energy Corporation  0.11 $ 0.083  Millions$ 0.744  Millions
Cnooc Ltd  0.11 $ 1,990.225  Millions$ 18,191.292  Millions
North American Construction Group Ltd   0.11 $ 6.540  Millions$ 62.149  Millions
Silverbow Resources Inc   0.10 $ 7.806  Millions$ 79.756  Millions
Fieldpoint Petroleum Corp  0.10 $ 0.409  Millions$ 4.233  Millions
Black Stone Minerals L p   0.09 $ 5.642  Millions$ 59.734  Millions
National Energy Services Reunited Corp   0.09 $ 0.741  Millions$ 8.275  Millions
Carbon Energy Corp  0.09 $ 1.650  Millions$ 19.095  Millions
Erin Energy Corp.  0.08 $ 33.828  Millions$ 398.318  Millions
Talos Energy Inc   0.07 $ 32.191  Millions$ 450.321  Millions

Date modified: 2026-09-26T08:25:24+00:00



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