ORRON.ST
Price:
$5.62
Market Cap:
$147.74M
Orrön Energy AB (publ) operates as an independent renewable energy company. It has wind and hydro assets in the Nordics, a wind farm in Finland, a hydropower plant in Norway, and a Karskruv wind farm in southern Sweden. The company was formerly known as Lundin Energy AB (publ) and changed its name to Orrön Energy AB (publ) in July 2022. Orrön Energy AB (publ) was founded in 2001 and is based in Stockholm, Sweden.
Industry
Renewable Utilities
IPO Date
2001-09-06
Stock Exchange
STO
Ticker
ORRON.ST
According to Orrön Energy AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 3.69. This represents a change of 7.01% compared to the average of 3.45 of the last 4 quarters.
The mean historical Current Ratio of Orrön Energy AB (publ) over the last ten years is 1.42. The current 3.69 Current Ratio has changed 25.93% with respect to the historical average. Over the past ten years (40 quarters), ORRON.ST's Current Ratio was at its highest in in the March 2024 quarter at 4.80. The Current Ratio was at its lowest in in the June 2020 quarter at 0.27.
Average
1.42
Median
1.22
Minimum
0.52
Maximum
3.32
Discovering the peaks and valleys of Orrön Energy 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 = 203.56%
Maximum Annual Current Ratio = 3.32
Minimum Annual Increase = -48.39%
Minimum Annual Current Ratio = 0.52
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.32 | 24.11% |
| 2023 | 2.68 | 203.56% |
| 2022 | 0.88 | 6.45% |
| 2021 | 0.83 | 59.97% |
| 2020 | 0.52 | -13.42% |
| 2019 | 0.60 | -48.39% |
| 2018 | 1.16 | -23.92% |
| 2017 | 1.52 | 9.49% |
| 2016 | 1.39 | 8.37% |
| 2015 | 1.28 | 26.29% |
The current Current Ratio of Orrön Energy AB (publ) (ORRON.ST) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.30
5-year avg
1.65
10-year avg
1.42
Orrön Energy AB (publ)’s Current Ratio is greater than Arise AB (publ) (1.06), greater than Dala Energi AB (publ) (0), greater than Minesto AB (publ) (1.01), greater than Dlaboratory Sweden AB (publ) (0.93), greater than Climeon AB (publ) (2.55),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.06 | $1.82B | |
| 0 | $1.23B | |
| 1.01 | $145.72M | |
| 0.93 | $42.02M | |
| 2.55 | $117.30M |
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