MINEST.ST
Price:
$0.721
Market Cap:
$146.94M
Minesto AB (publ), together with its subsidiaries, operates as a marine energy developer in Sweden, Wales, Northern Ireland, and Taiwan. Its Deep Green technology produces electricity from slow tidal streams and ocean currents through a turbine. The company was founded in 2007 and is headquartered in Gothenburg, Sweden.
Industry
Renewable Utilities
IPO Date
2015-11-09
Stock Exchange
STO
Ticker
MINEST.ST
According to Minesto AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 1.01. This represents a change of 19.46% compared to the average of 0.85 of the last 4 quarters.
The mean historical Current Ratio of Minesto AB (publ) over the last ten years is 4.23. The current 1.01 Current Ratio has changed 2.29% with respect to the historical average. Over the past ten years (40 quarters), MINEST.ST's Current Ratio was at its highest in in the June 2021 quarter at 10.71. The Current Ratio was at its lowest in in the September 2016 quarter at 0.
Average
4.23
Median
2.79
Minimum
2.02
Maximum
8.64
Discovering the peaks and valleys of Minesto AB (publ) 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 = 3.18%
Maximum Annual Current Ratio = 8.64
Minimum Annual Increase = -66.92%
Minimum Annual Current Ratio = 2.02
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.37 | 17.33% |
| 2023 | 2.02 | -29.30% |
| 2022 | 2.86 | -66.92% |
| 2021 | 8.64 | 16.02% |
| 2020 | 7.45 | 11.78% |
| 2019 | 6.66 | 146.02% |
| 2018 | 2.71 | -0.45% |
| 2017 | 2.72 | 15.64% |
| 2016 | 2.35 | -47.85% |
| 2015 | 4.51 | 3.18% |
The current Current Ratio of Minesto AB (publ) (MINEST.ST) 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
2.42
5-year avg
4.67
10-year avg
4.23
Minesto AB (publ)’s Current Ratio is less than SolTech Energy Sweden AB (publ) (0), less than Eolus Vind AB (publ) (0), less than Climeon AB (publ) (0), less than PowerCell Sweden AB (publ) (0), less than null (0), greater than null (0.82), less than null (3.10), less than null (2.55), less than null (3.14),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $21.29M | |
| 0 | $965.69M | |
| 0 | $127.30M | |
| 0 | $2.19B | |
| 0 | $0 | |
| 0.82 | $0 | |
| 3.10 | $0 | |
| 2.55 | $0 | |
| 3.14 | $0 |
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What is the Current Ratio?
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What is Minesto AB (publ)'s Current Ratio?
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What is the 5-year average Current Ratio for Minesto AB (publ) (MINEST.ST)?
How does the current Current Ratio for Minesto AB (publ) (MINEST.ST) compare to its historical average?