TOYO
Price:
$7.2099
Market Cap:
$254.72M
TOYO Co., Ltd. engages in the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and other stages of the solar power supply chain. Additionally, the company also manufactures solar PV modules. The company was founded in 2022 and is based in Tokyo, Japan.
Industry
Solar
IPO Date
2022-03-17
Stock Exchange
NASDAQ
Ticker
TOYO
According to TOYO Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.47. This represents a change of 3.27% compared to the average of 0.46 of the last 4 quarters.
The mean historical Current Ratio of TOYO Co., Ltd. over the last ten years is 1.17. The current 0.47 Current Ratio has changed 3.93% with respect to the historical average. Over the past ten years (40 quarters), TOYO's Current Ratio was at its highest in in the December 2023 quarter at 31.14. The Current Ratio was at its lowest in in the September 2021 quarter at 0.
Average
1.17
Median
0.47
Minimum
0.01
Maximum
3.75
Discovering the peaks and valleys of TOYO Co., 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 = 3.74%
Maximum Annual Current Ratio = 3.75
Minimum Annual Increase = -99.66%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.44 | -9.43% |
| 2023 | 0.49 | 3.74% |
| 2023 | 0.01 | -99.66% |
The current Current Ratio of TOYO Co., Ltd. (TOYO) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.31
5-year avg
1.17
10-year avg
1.17
TOYO Co., Ltd.’s Current Ratio is less than JinkoSolar Holding Co., Ltd. (1.30), less than OMS Energy Technologies Inc. (5.11), less than PrimeEnergy Resources Corporation (0.53), less than Summit Midstream Corp. (0.76), less than Berry Corporation (0.81), less than Tigo Energy, Inc. (1.03), less than NACCO Industries, Inc. (3.91), less than Ranger Energy Services, Inc. (2.47), less than SunPower Inc. (1.15), less than FTC Solar, Inc. (1.16),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.30 | $321.41M | |
| 5.11 | $203.26M | |
| 0.53 | $325.38M | |
| 0.76 | $327.72M | |
| 0.81 | $270.07M | |
| 1.03 | $99.16M | |
| 3.91 | $366.19M | |
| 2.47 | $306.09M | |
| 1.15 | $127.48M | |
| 1.16 | $145.59M |
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What is the Current Ratio?
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What is TOYO Co., Ltd.'s Current Ratio?
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What is the 5-year average Current Ratio for TOYO Co., Ltd. (TOYO)?
How does the current Current Ratio for TOYO Co., Ltd. (TOYO) compare to its historical average?