TSE.BK
Price:
$0.48
Market Cap:
$1.02B
Thai Solar Energy Public Company Limited generates and distributes electricity from solar and biomass power plants to government and private sector clients in Thailand and Japan. The company also leases land. As of December 31, 2021, it had 17 solar PV farm projects, 14 solar rooftop projects, 3 biomass powerplants, and 1 Solar Floating with a total production capacity of 291.7 MW; and 1 solar floating project under construction with a capacity of 8 MW. The company was formerly known as Siam Solar Energy Co., Ltd. and changed its name to Thai Solar Energy Public Company Limited in 2009. Thai Solar Energy Public Company Limited was founded in 2008 and is headquartered in Bangkok, Thailand.
Industry
Renewable Utilities
IPO Date
2014-10-30
Stock Exchange
SET
Ticker
TSE.BK
According to Thai Solar Energy Public Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.28. This represents a change of -3.00% compared to the average of 0.29 of the last 4 quarters.
The mean historical Current Ratio of Thai Solar Energy Public Company Limited over the last ten years is 1.14. The current 0.28 Current Ratio has changed 2.33% with respect to the historical average. Over the past ten years (40 quarters), TSE.BK's Current Ratio was at its highest in in the June 2017 quarter at 11.66. The Current Ratio was at its lowest in in the March 2025 quarter at 0.21.
Average
1.14
Median
0.60
Minimum
0.34
Maximum
3.60
Discovering the peaks and valleys of Thai Solar Energy 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 = 59.77%
Maximum Annual Current Ratio = 3.60
Minimum Annual Increase = -89.11%
Minimum Annual Current Ratio = 0.34
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.34 | -59.53% |
| 2023 | 0.83 | 25.80% |
| 2022 | 0.66 | 29.11% |
| 2021 | 0.51 | -5.26% |
| 2020 | 0.54 | -33.09% |
| 2019 | 0.81 | 59.77% |
| 2018 | 0.51 | 45.33% |
| 2017 | 0.35 | -89.11% |
| 2016 | 3.20 | -10.97% |
| 2015 | 3.60 | -23.37% |
The current Current Ratio of Thai Solar Energy Public Company Limited (TSE.BK) 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
0.61
5-year avg
0.58
10-year avg
1.14
Thai Solar Energy Public Company Limited’s Current Ratio is less than TPC Power Holding Public Company Limited (0.92), greater than Eastern Power Group Public Company Limited (0.18), less than Asia Biomass Public Company Limited (0.80), greater than Prime Road Power Public Company Limited (0.21), less than Green Resources Public Company Limited (5.87), less than Earth Tech Environment Public Company Limited (1.79), less than Meta Corporation Public Company Limited (1.56), less than Scan Inter Public Company Limited (0.52), less than Green Tech Ventures Public Company Limited (1.60), less than SAAM Development Public Company Limited (5.06),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.92 | $569.70M | |
| 0.18 | $1.13B | |
| 0.80 | $470.64M | |
| 0.21 | $340.36M | |
| 5.87 | $515.36M | |
| 1.79 | $1.32B | |
| 1.56 | $214.86M | |
| 0.52 | $509.76M | |
| 1.60 | $656.55M | |
| 5.06 | $1.70B |
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What is the Current Ratio?
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What is Thai Solar Energy Public Company Limited's Current Ratio?
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What is the 3-year average Current Ratio for Thai Solar Energy Public Company Limited (TSE.BK)?
What is the 5-year average Current Ratio for Thai Solar Energy Public Company Limited (TSE.BK)?
How does the current Current Ratio for Thai Solar Energy Public Company Limited (TSE.BK) compare to its historical average?