Nova Empire Public Company Limited

Nova Empire Public Company Limitedverified

NOVA.BK

Price:

$8.9

Market Cap:

$1.12B

Nova Empire Public Company Limited, together with its subsidiaries, manufactures, wholesales, and retails solar energy, wind energy, and other renewable energy in Thailand. The company was formerly known as Thailand Iron Works Public Company Limited and changed its name to Nova Empire Public Company Limited in January 2021. Nova Empire Public Company Limited was founded in 1958 and is headquartered in Bangkok, Thailand.

Industry

Solar

IPO Date

2000-01-04

Stock Exchange

SET

Ticker

NOVA.BK

The Current Ratio as of December 2025 (TTM) for Nova Empire Public Company Limited (NOVA.BK) is 1.55

According to Nova Empire Public Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.55. This represents a change of -11.65% compared to the average of 1.75 of the last 4 quarters.

Nova Empire Public Company Limited (NOVA.BK) Historical Current Ratio (quarterly & annually)

How has NOVA.BK Current Ratio performed in the past?

The mean historical Current Ratio of Nova Empire Public Company Limited over the last ten years is 9.38. The current 1.55 Current Ratio has changed 1.55% with respect to the historical average. Over the past ten years (40 quarters), NOVA.BK's Current Ratio was at its highest in in the December 2015 quarter at 124.72. The Current Ratio was at its lowest in in the March 2022 quarter at 0.39.

Quarterly (TTM)
Annual

Average

9.38

Median

3.65

Minimum

0.52

Maximum

58.86

Nova Empire Public Company Limited (NOVA.BK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nova Empire Public Company 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 = 217.24%

Maximum Annual Current Ratio = 58.86

Minimum Annual Increase = -88.03%

Minimum Annual Current Ratio = 0.52

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.52-69.56%
20231.72135.41%
20220.73-13.74%
20210.85-50.51%
20201.72-77.83%
20197.7438.59%
20185.58-37.87%
20188.9927.56%
20177.04-88.03%
201658.86217.24%

Nova Empire Public Company Limited (NOVA.BK) Average Current Ratio

How has NOVA.BK Current Ratio performed in the past?

The current Current Ratio of Nova Empire Public Company Limited (NOVA.BK) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

0.99

5-year avg

1.11

10-year avg

9.38

Nova Empire Public Company Limited (NOVA.BK) Current Ratio vs. Peers

How is NOVA.BK’s Current Ratio compared to its peers?

Nova Empire Public Company Limited’s Current Ratio is greater than Asia Green Energy Public Company Limited (1.20), greater than Power Solution Technologies Public Company Limited (0.73), less than AI Energy Public Company Limited (3.20), greater than Solartron Public Company Limited (0.46), greater than Thai Capital Corporation Public Company Limited (1.51), less than RPCG Public Company Limited (2.89), less than Sea Oil Public Company Limited (2.12), less than Premier Tank Corporation Public Company Limited (96.57), greater than Siamraj Public Company Limited (0.88), greater than Susco Public Company Limited (0.85),

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