ReNew Energy Global Plc

ReNew Energy Global Plcverified

RNW

Price:

$5.65

Market Cap:

$177.31B

ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through Wind Power and Solar Power segments. It develops, builds, owns, and operates utility scale wind and solar energy projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company also provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. As of March 31, 2022, its portfolio consisted of 10.69 GW of wind and solar energy projects, hydro, firm power projects, and distributed solar energy projects,...[Read more]

Industry

Renewable Utilities

IPO Date

2021-02-01

Stock Exchange

NASDAQ

Ticker

RNW

The Current Ratio as of November 2024 (TTM) for ReNew Energy Global Plc (RNW) is 0.67

According to ReNew Energy Global Plc’s latest financial reports and current stock price. The company's current Current Ratio is 0.67. This represents a change of -14.99% compared to the average of 0.78 of the last 4 quarters.

ReNew Energy Global Plc (RNW) Historical Current Ratio (quarterly & annually)

How has RNW Current Ratio performed in the past?

The mean historical Current Ratio of ReNew Energy Global Plc over the last ten years is 1.24. The current 0.67 Current Ratio has changed 5.26% with respect to the historical average. Over the past ten years (40 quarters), RNW's Current Ratio was at its highest in in the December 2020 quarter at 1.91. The Current Ratio was at its lowest in in the June 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

1.24

Median

1.03

Minimum

0.74

Maximum

2.40

ReNew Energy Global Plc (RNW) Current Ratio by Quarter and Year

Discovering the peaks and valleys of ReNew Energy Global Plc 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 = 336.77%

Maximum Annual Current Ratio = 2.40

Minimum Annual Increase = -56.83%

Minimum Annual Current Ratio = 0.74

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.74-23.79%
20230.96-27.74%
20221.34-12.09%
20211.52-5.70%
20201.6182.73%
20190.88-4.61%
20180.92-9.35%
20171.02-1.84%
20161.04-56.83%
20142.40336.77%

ReNew Energy Global Plc (RNW) Average Current Ratio

How has RNW Current Ratio performed in the past?

The current Current Ratio of ReNew Energy Global Plc (RNW) 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

1.01

5-year avg

1.23

10-year avg

1.24

ReNew Energy Global Plc (RNW) Current Ratio vs. Peers

How is RNW’s Current Ratio compared to its peers?

ReNew Energy Global Plc’s Current Ratio is greater than Azure Power Global Limited (0.50), less than Energy Vault Holdings, Inc. (2.87), less than Fluence Energy, Inc. (1.34), greater than Heliogen, Inc. (0.56), less than Altus Power, Inc. (0.91), less than Atlantica Sustainable Infrastructure plc (1.35), less than Clearway Energy, Inc. (1.59), greater than Enlight Renewable Energy Ltd (0.59), less than Excelerate Energy, Inc. (3.43), less than Ellomay Capital Ltd. (1.05), greater than Advent Technologies Holdings, Inc. (0.44),

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