ARIS
Price:
$23.69
Market Cap:
$774.71M
Aris Water Solutions, Inc., an environmental infrastructure and solutions company, provides water handling and recycling solutions. The company's produced water handling business gathers, transports, unless recycled, and handles produced water generated from oil and natural gas production. Its water solutions business develops and operates recycling facilities to treat, store, and recycle produced water. The company was founded in 2015 and is headquartered in Houston, Texas.
Industry
Regulated Water
IPO Date
2021-10-22
Stock Exchange
NYSE
Ticker
ARIS
According to Aris Water Solutions, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.73. This represents a change of 5.75% compared to the average of 1.63 of the last 4 quarters.
The mean historical Current Ratio of Aris Water Solutions, Inc. over the last ten years is 1.16. The current 1.73 Current Ratio has changed 14.76% with respect to the historical average. Over the past ten years (40 quarters), ARIS's Current Ratio was at its highest in in the December 2021 quarter at 2.70. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
1.16
Median
1.00
Minimum
0.60
Maximum
2.70
Discovering the peaks and valleys of Aris Water Solutions, Inc. 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 = 87.08%
Maximum Annual Current Ratio = 2.70
Minimum Annual Increase = -43.67%
Minimum Annual Current Ratio = 0.60
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.22 | 8.36% |
| 2023 | 1.12 | -26.17% |
| 2022 | 1.52 | -43.67% |
| 2021 | 2.70 | 87.08% |
| 2020 | 1.44 | 64.24% |
| 2019 | 0.88 | 2.93% |
| 2016 | 0.85 | 30.94% |
| 2015 | 0.65 | 4.00% |
| 2014 | 0.63 | 4.56% |
| 2013 | 0.60 | -21.19% |
The current Current Ratio of Aris Water Solutions, Inc. (ARIS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.29
5-year avg
1.60
10-year avg
1.16
Aris Water Solutions, Inc.’s Current Ratio is greater than Altus Power, Inc. (0.44), less than Vidler Water Resources, Inc. (73.35), greater than OPAL Fuels Inc. (1.47), less than Via Renewables, Inc. (3.18), greater than NextEra Energy Partners, LP (0.75), less than Genie Energy Ltd. (1.91), greater than H2O America (0), greater than Azure Power Global Limited (1.46), greater than Electriq Power Holdings, Inc. (0.29),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.44 | $800.50M | |
| 73.35 | $288.22M | |
| 1.47 | $75.10M | |
| 3.18 | $96.67M | |
| 0.75 | $985.85M | |
| 1.91 | $382.89M | |
| 0 | $1.70B | |
| 1.46 | $64.17M | |
| 0.29 | $709.53K |
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What is the 5-year average Current Ratio for Aris Water Solutions, Inc. (ARIS)?
How does the current Current Ratio for Aris Water Solutions, Inc. (ARIS) compare to its historical average?