New Energy Solar Limited

New Energy Solar Limitedverified

NEW.AX

Price:

$0.063

Market Cap:

$20.20M

New Energy Solar Limited acquires, owns and manages large scale solar generation facilities. The firm may also invest in other renewable energy assets including wind, geothermal, hydro-electricity, hybrid solutions and owns and manages large scale solar generation facilities. New Energy Solar Limited was established in 2015 and is based in Sydney, Australia.

Industry

Renewable Utilities

IPO Date

2017-12-03

Stock Exchange

ASX

Ticker

NEW.AX

The Current Ratio as of December 2025 (TTM) for New Energy Solar Limited (NEW.AX) is 1.62

According to New Energy Solar Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.62. This represents a change of -9.57% compared to the average of 1.79 of the last 4 quarters.

New Energy Solar Limited (NEW.AX) Historical Current Ratio (quarterly & annually)

How has NEW.AX Current Ratio performed in the past?

The mean historical Current Ratio of New Energy Solar Limited over the last ten years is 2.38. The current 1.62 Current Ratio has changed 6.72% with respect to the historical average. Over the past ten years (40 quarters), NEW.AX's Current Ratio was at its highest in in the December 2020 quarter at 3.65. The Current Ratio was at its lowest in in the January 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

2.38

Median

1.90

Minimum

1.44

Maximum

3.65

New Energy Solar Limited (NEW.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of New Energy Solar Limited 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 = 91.56%

Maximum Annual Current Ratio = 3.65

Minimum Annual Increase = -55.75%

Minimum Annual Current Ratio = 1.44

Quarterly (TTM)
Annual
YearCurrent RatioChange
20211.62-55.54%
20203.6591.56%
20191.9031.74%
20181.44-55.75%

New Energy Solar Limited (NEW.AX) Average Current Ratio

How has NEW.AX Current Ratio performed in the past?

The current Current Ratio of New Energy Solar Limited (NEW.AX) 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

2.39

5-year avg

2.38

10-year avg

2.38

New Energy Solar Limited (NEW.AX) Current Ratio vs. Peers

How is NEW.AX’s Current Ratio compared to its peers?

New Energy Solar Limited’s Current Ratio is

CompanyCurrent RatioMarket cap

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