First National Energy Corporation

First National Energy Corporationverified

FNEC

Price:

$0.66

Market Cap:

$32.93M

First National Energy Corporation focuses on providing wind-driven solutions for power generation. It intends to build, install, and operate its proprietary supplemental wind generation devices. The company was formerly known as First National Power Corp. and changed its name to First National Energy Corporation in February 2009. First National Energy Corporation was founded in 2000 and is based in Georgetown, Canada.[Read more]

Industry

Renewable Utilities

IPO Date

2003-06-03

Stock Exchange

PNK

Ticker

FNEC

The Current Ratio as of September 2024 (TTM) for First National Energy Corporation (FNEC) is 3.41

According to First National Energy Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 3.41. This represents a change of 214.82% compared to the average of 1.08 of the last 4 quarters.

First National Energy Corporation (FNEC) Historical Current Ratio (quarterly & annually)

How has FNEC Current Ratio performed in the past?

The mean historical Current Ratio of First National Energy Corporation over the last ten years is 0.17. The current 3.41 Current Ratio has changed 202.96% with respect to the historical average. Over the past ten years (40 quarters), FNEC's Current Ratio was at its highest in in the June 2024 quarter at 3.41. The Current Ratio was at its lowest in in the March 2024 quarter at -0.02.

Quarterly (TTM)
Annual

Average

0.17

Median

0.00

Minimum

0

Maximum

1.32

First National Energy Corporation (FNEC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of First National Energy Corporation 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 = Infinity%

Maximum Annual Current Ratio = 1.32

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.33-74.80%
20221.32Infinity%
20210-100.00%
20200.00-98.47%
20190.012.10%
20180.01818.96%
20170.00-40.55%
20160.00-46.21%
20150.00-16.18%
20140.00100.11%

First National Energy Corporation (FNEC) Average Current Ratio

How has FNEC Current Ratio performed in the past?

The current Current Ratio of First National Energy Corporation (FNEC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.55

5-year avg

0.33

10-year avg

0.17

First National Energy Corporation (FNEC) Current Ratio vs. Peers

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

First National Energy Corporation’s Current Ratio is greater than Kontrol Technologies Corp. (2.79), greater than PwrCor, Inc. (0), greater than 808 Renewable Energy Corporation (0), greater than Boralex Inc. (0.96), less than EuroSite Power Inc. (6.26),

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