DRX.L
Price:
$665
Market Cap:
$2.36B
Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. The company operates through three segments: Generation, Customers, and Pellet Production. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid. The Customers segment offers non-generation system support and energy management services. The Pellet Production segment provides low carbon fuel. The company owns and operates Drax Power Station with an installed capacity of 2,000 megawatts (MW) located in Selby, North Yorkshire; Cruachan Power Station, a pumped hydro storage station, with an installed capacity of 440 MW located i...[Read more]
Industry
Renewable Utilities
IPO Date
2005-12-15
Stock Exchange
LSE
Ticker
DRX.L
According to Drax Group plc’s latest financial reports and current stock price. The company's current Current Ratio is 1.20. This represents a change of 5.15% compared to the average of 1.14 of the last 4 quarters.
The mean historical Current Ratio of Drax Group plc over the last ten years is 1.26. The current 1.20 Current Ratio has changed 9.47% with respect to the historical average. Over the past ten years (40 quarters), DRX.L's Current Ratio was at its highest in in the June 2007 quarter at 2.60. The Current Ratio was at its lowest in in the June 2008 quarter at 0.52.
Average
1.26
Median
1.22
Minimum
0.82
Maximum
1.68
Discovering the peaks and valleys of Drax Group plc 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 = 55.87%
Maximum Annual Current Ratio = 1.68
Minimum Annual Increase = -42.78%
Minimum Annual Current Ratio = 0.82
Year | Current Ratio | Change |
---|---|---|
2024 | 1.20 | 6.93% |
2023 | 1.12 | 4.73% |
2022 | 1.07 | 2.00% |
2021 | 1.05 | -14.70% |
2020 | 1.23 | -3.53% |
2019 | 1.28 | 55.87% |
2018 | 0.82 | -42.78% |
2017 | 1.43 | -13.82% |
2016 | 1.66 | -0.83% |
2015 | 1.68 | -12.81% |
The current Current Ratio of Drax Group plc (DRX.L) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.13
5-year avg
1.14
10-year avg
1.26
Drax Group plc’s Current Ratio is greater than Pennon Group Plc (1.01), greater than FirstGroup plc (0.70), less than Man Group Limited (1.29), greater than Balfour Beatty plc (1.02), less than United Utilities Group PLC (1.79),
Company | Current Ratio | Market cap |
---|---|---|
1.01 | $2.29B | |
0.70 | $1.30B | |
1.29 | $1.94B | |
1.02 | $2.48B | |
1.79 | $7.95B |
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