Minesto AB (publ)

Minesto AB (publ)verified

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

The Current Ratio as of December 2025 (TTM) for Minesto AB (publ) (MINEST.ST) is 1.01

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.

Minesto AB (publ) (MINEST.ST) Historical Current Ratio (quarterly & annually)

How has MINEST.ST Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

4.23

Median

2.79

Minimum

2.02

Maximum

8.64

Minesto AB (publ) (MINEST.ST) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.3717.33%
20232.02-29.30%
20222.86-66.92%
20218.6416.02%
20207.4511.78%
20196.66146.02%
20182.71-0.45%
20172.7215.64%
20162.35-47.85%
20154.513.18%

Minesto AB (publ) (MINEST.ST) Average Current Ratio

How has MINEST.ST Current Ratio performed in the past?

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) (MINEST.ST) Current Ratio vs. Peers

How is MINEST.ST’s Current Ratio compared to its peers?

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),

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