Patterson-UTI Energy, Inc.PTENNASDAQ
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Current Ratio Over Time
Valuation returning toward historical norms
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Current ratio (current assets / current liabilities)
Latest
1.54
Near historical average
Average (9y)
1.49
Historical baseline
Range
High:1.81
Low:1.07
CAGR
-0.3%
Modest growth trend
| Period | Value | Change |
|---|---|---|
| 2024 | 1.54 | +8.8% |
| 2023 | 1.41 | -6.0% |
| 2022 | 1.51 | +12.4% |
| 2021 | 1.34 | -23.3% |
| 2020 | 1.75 | +10.7% |
| 2019 | 1.58 | -12.6% |
| 2018 | 1.81 | +32.0% |
| 2017 | 1.37 | +27.8% |
| 2016 | 1.07 | -32.2% |
| 2015 | 1.58 | - |