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
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.
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.
Average
2.38
Median
1.90
Minimum
1.44
Maximum
3.65
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
| Year | Current Ratio | Change |
|---|---|---|
| 2021 | 1.62 | -55.54% |
| 2020 | 3.65 | 91.56% |
| 2019 | 1.90 | 31.74% |
| 2018 | 1.44 | -55.75% |
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’s Current Ratio is
| Company | Current Ratio | Market cap |
|---|
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