RE.V
Price:
$0.24
Market Cap:
$10.41M
RE Royalties Ltd. engages in the acquisition of revenue-based royalties from renewable energy generation facilities and other clean energy technologies by providing a non-dilutive royalty financing solution to privately held and publicly traded renewable energy generation and development companies, and clean energy technology companies. As of April 25, 2022, it owned a portfolio 104 royalties on solar, wind, hydro, battery storage, and renewable natural gas projects in Canada, Europe, and the United States. The company is headquartered in Vancouver, Canada.
Industry
Financial - Conglomerates
IPO Date
2018-02-14
Stock Exchange
TSXV
Ticker
RE.V
According to RE Royalties Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.11. This represents a change of -91.42% compared to the average of 24.65 of the last 4 quarters.
The mean historical Current Ratio of RE Royalties Ltd. over the last ten years is 51.63. The current 2.11 Current Ratio has changed 309.63% with respect to the historical average. Over the past ten years (40 quarters), RE.V's Current Ratio was at its highest in in the December 2020 quarter at 218.09. The Current Ratio was at its lowest in in the June 2017 quarter at 0.
Average
51.63
Median
21.46
Minimum
0.50
Maximum
218.09
Discovering the peaks and valleys of RE Royalties Ltd. 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 = 5.18%
Maximum Annual Current Ratio = 218.09
Minimum Annual Increase = -97.67%
Minimum Annual Current Ratio = 0.50
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.64 | -95.93% |
| 2023 | 64.84 | 802.18% |
| 2022 | 7.19 | -93.16% |
| 2021 | 105.10 | -51.81% |
| 2020 | 218.09 | 1.08% |
| 2019 | 18.45 | -30.17% |
| 2018 | 26.42 | 5.18% |
| 2017 | 0.50 | -97.67% |
The current Current Ratio of RE Royalties Ltd. (RE.V) 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
24.89
5-year avg
79.57
10-year avg
51.63
RE Royalties Ltd.’s Current Ratio is greater than Mines D'Or Orbec Inc. (1.43), less than Sixty Six Capital Inc. (21.19), greater than SATO Technologies Corp. (0.43), less than Immutable Holdings Inc. (60.23), greater than Inverite Insights Inc. (0.07), greater than DelphX Capital Markets Inc. (0.06), less than Faircourt Gold Income Corp. (7.41), less than FRNT Financial Inc. (14.05), less than Nations Royalty Corp. (23.86), less than Elysee Development Corp. (2.03K),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.43 | $13.88M | |
| 21.19 | $10.19M | |
| 0.43 | $9.16M | |
| 60.23 | $7.36M | |
| 0.07 | $9.88M | |
| 0.06 | $9.38M | |
| 7.41 | $14.85M | |
| 14.05 | $9.56M | |
| 23.86 | $10.45M | |
| 2.03K | $13.87M |
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