Absolute Clean Energy Public Company Limited

Absolute Clean Energy Public Company Limitedverified

ACE-R.BK

Price:

$1.29

Market Cap:

$12.90B

Absolute Clean Energy Public Company Limited, together with its subsidiaries, operates biomass, municipal solid waste, natural gas, and solar energy power plants in Thailand. The company operates through four segments: Biomass Power Plants, Solid Waste Power Plant, Natural Gas Power Plant, and Solar Energy Power Plant. As of December 31, 2021, it has 23 power plants with an installed capacity of 257.57 megawatts. Absolute Clean Energy Public Company Limited was incorporated in 2015 and is headquartered in Bangkok, Thailand.

Industry

Renewable Utilities

IPO Date

2020-02-18

Stock Exchange

SET

Ticker

ACE-R.BK

The Current Ratio as of December 2025 (TTM) for Absolute Clean Energy Public Company Limited (ACE-R.BK) is 1.77

According to Absolute Clean Energy Public Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.77. This represents a change of 3.03% compared to the average of 1.72 of the last 4 quarters.

Absolute Clean Energy Public Company Limited (ACE-R.BK) Historical Current Ratio (quarterly & annually)

How has ACE-R.BK Current Ratio performed in the past?

The mean historical Current Ratio of Absolute Clean Energy Public Company Limited over the last ten years is 1.13. The current 1.77 Current Ratio has changed 15.54% with respect to the historical average. Over the past ten years (40 quarters), ACE-R.BK's Current Ratio was at its highest in in the September 2022 quarter at 2.42. The Current Ratio was at its lowest in in the September 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

1.13

Median

1.28

Minimum

0.09

Maximum

2.18

Absolute Clean Energy Public Company Limited (ACE-R.BK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Absolute Clean Energy Public Company Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 184.06%

Maximum Annual Current Ratio = 2.18

Minimum Annual Increase = -90.75%

Minimum Annual Current Ratio = 0.09

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.55-29.00%
20232.1827.15%
20221.71-14.84%
20212.0132.60%
20201.5245.33%
20191.0449.95%
20180.70156.45%
20170.274.04%
20160.26184.06%
20150.09-90.75%

Absolute Clean Energy Public Company Limited (ACE-R.BK) Average Current Ratio

How has ACE-R.BK Current Ratio performed in the past?

The current Current Ratio of Absolute Clean Energy Public Company Limited (ACE-R.BK) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

1.81

5-year avg

1.79

10-year avg

1.13

Absolute Clean Energy Public Company Limited (ACE-R.BK) Current Ratio vs. Peers

How is ACE-R.BK’s Current Ratio compared to its peers?

Absolute Clean Energy Public Company Limited’s Current Ratio is less than SPCG Public Company Limited (12.26), less than Thachang Green Energy Public Company Limited (2.47), greater than TPI Polene Power Public Company Limited (0.92), less than Earth Tech Environment Public Company Limited (1.79), greater than CK Power Public Company Limited (1.60), greater than Sermsang Power Corporation Public Company Limited (0.97), greater than Super Energy Corporation Public Company Limited (0.21), greater than BBGI Public Company Limited (1.29),

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