EWIND.OL
Price:
$22.7
Market Cap:
$246.51M
Edda Wind ASA develops, builds, owns, operates, and charters out purpose-built service operation vessels (SOVs) and commissioning service operation vessels (CSOVs) for offshore wind farms worldwide. It owns and operates two purpose-built SOVs; operates one chartered in frontrunner vessel; and has 8 offshore wind vessels under construction, which include two offshore wind SOVs and six offshore wind CSOVs. The company was founded in 2015 and is headquartered in Haugesund, Norway.
Industry
Oil & Gas Equipment & Services
IPO Date
2021-11-26
Stock Exchange
OSL
Ticker
EWIND.OL
According to Edda Wind ASA’s latest financial reports and current stock price. The company's current Current Ratio is 1.27. This represents a change of -11.60% compared to the average of 1.44 of the last 4 quarters.
The mean historical Current Ratio of Edda Wind ASA over the last ten years is 2.82. The current 1.27 Current Ratio has changed 4.42% with respect to the historical average. Over the past ten years (40 quarters), EWIND.OL's Current Ratio was at its highest in in the December 2021 quarter at 9.41. The Current Ratio was at its lowest in in the September 2020 quarter at 0.
Average
2.82
Median
1.67
Minimum
0.05
Maximum
9.41
Discovering the peaks and valleys of Edda Wind ASA 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 = 3.53%
Maximum Annual Current Ratio = 9.41
Minimum Annual Increase = -73.09%
Minimum Annual Current Ratio = 0.05
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.87 | -39.67% |
| 2023 | 1.43 | -43.34% |
| 2022 | 2.53 | -73.09% |
| 2021 | 9.41 | 88.82% |
| 2020 | 4.98 | 266.20% |
| 2019 | 1.36 | -28.33% |
| 2018 | 1.90 | 3.53% |
The current Current Ratio of Edda Wind ASA (EWIND.OL) 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
1.61
5-year avg
3.84
10-year avg
2.82
Edda Wind ASA’s Current Ratio is greater than Höegh LNG Holdings Ltd. (0.55), less than SeaBird Exploration Plc (1.45), greater than DOF ASA (0.25), greater than Argeo AS (0.75), greater than Awilco Drilling PLC (0.21), less than Northern Drilling Ltd. (4.90), greater than Seacrest Petroleo Bermuda Limited (0.46), less than Avance Gas Holding Ltd (93.80), greater than PGS ASA (0.93), greater than Siem Offshore Inc. (0.61),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.55 | $1.78B | |
| 1.45 | $559.03M | |
| 0.25 | $213.92M | |
| 0.75 | $28.30M | |
| 0.21 | $24.75M | |
| 4.90 | $80.64M | |
| 0.46 | $77.00M | |
| 93.80 | $18.38M | |
| 0.93 | $8.61B | |
| 0.61 | $8.62B |
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