EARN.L
EARNZ plc operates as a clean technology company in the United Kingdom, Italy, and rest of Europe. It manufactures and commercializes solar technologies, and lightweight flexible solar panels. The company's solar modules are used in various applications, such as transportation, real estate, consumer retail, and telecom sectors, as well as in caravans and holiday homes, solar carports and electric vehicle charging, and hotel, safari, glamping, and corporate events; and military, disaster relief, and construction camps. The company was formerly known as Verditek PLC and changed its name to EARNZ plc in March 2024. EARNZ plc was incorporated in 2016 and is based in London, the United Kingdom.
Industry
Solar
IPO Date
2017-08-10
Stock Exchange
LSE
Ticker
EARN.L
According to EARNZ plc’s latest financial reports and current stock price. The company's current Current Ratio is 1.30. This represents a change of -56.65% compared to the average of 2.99 of the last 4 quarters.
The mean historical Current Ratio of EARNZ plc over the last ten years is 2.29. The current 1.30 Current Ratio has changed 5.56% with respect to the historical average. Over the past ten years (40 quarters), EARN.L's Current Ratio was at its highest in in the June 2024 quarter at 8.37. The Current Ratio was at its lowest in in the June 2017 quarter at 0.
Average
2.29
Median
2.17
Minimum
0.35
Maximum
4.72
Discovering the peaks and valleys of EARNZ 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 = 1.04%
Maximum Annual Current Ratio = 4.72
Minimum Annual Increase = -81.85%
Minimum Annual Current Ratio = 0.35
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.09 | -10.49% |
| 2023 | 1.22 | -49.74% |
| 2022 | 2.42 | -9.47% |
| 2021 | 2.68 | -32.30% |
| 2020 | 3.95 | 1.04% |
| 2019 | 0.35 | -81.85% |
| 2018 | 1.92 | -59.37% |
The current Current Ratio of EARNZ plc (EARN.L) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.58
5-year avg
2.27
10-year avg
2.29
EARNZ plc’s Current Ratio is greater than Deltic Energy Plc (0.33), greater than Nostrum Oil & Gas PLC (0.31), less than Oracle Power plc (4.13), less than Block Energy Plc (2.88), less than Union Jack Oil plc (15.23), less than Mosman Oil and Gas Limited (4.24), greater than Orcadian Energy Plc (0.03), less than Thalassa Holdings Limited (7.76), greater than Reabold Resources Plc (0), greater than Ascent Resources Plc (0.44),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.33 | N/A | |
| 0.31 | N/A | |
| 4.13 | N/A | |
| 2.88 | N/A | |
| 15.23 | N/A | |
| 4.24 | N/A | |
| 0.03 | N/A | |
| 7.76 | N/A | |
| 0 | N/A | |
| 0.44 | N/A |
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