FREYR Battery

FREYR Batteryverified

FREY

Price:

$2.98

Market Cap:

$418.66M

FREYR Battery engages in the production and sale of battery cells for stationary energy storage, electric mobility, and marine applications in Europe and internationally. The company designs and manufactures lithium-ion based battery cell facilities. The company was founded in 2018 and is based in Luxembourg.[Read more]

Industry

Electrical Equipment & Parts

IPO Date

2020-01-10

Stock Exchange

NYSE

Ticker

FREY

The Current Ratio as of December 2024 (TTM) for FREYR Battery (FREY) is 6.36

According to FREYR Battery’s latest financial reports and current stock price. The company's current Current Ratio is 6.36. This represents a change of -2.25% compared to the average of 6.51 of the last 4 quarters.

FREYR Battery (FREY) Historical Current Ratio (quarterly & annually)

How has FREY Current Ratio performed in the past?

The mean historical Current Ratio of FREYR Battery over the last ten years is 7.98. The current 6.36 Current Ratio has changed 7.88% with respect to the historical average. Over the past ten years (40 quarters), FREY's Current Ratio was at its highest in in the September 2021 quarter at 42.44. The Current Ratio was at its lowest in in the June 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

7.98

Median

6.34

Minimum

0.24

Maximum

22.59

FREYR Battery (FREY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of FREYR Battery 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 = 1.46%

Maximum Annual Current Ratio = 22.59

Minimum Annual Increase = -59.01%

Minimum Annual Current Ratio = 0.24

Quarterly (TTM)
Annual
YearCurrent RatioChange
20236.34-31.50%
20229.26-59.01%
202122.591.46%
20201.45509.13%

FREYR Battery (FREY) Average Current Ratio

How has FREY Current Ratio performed in the past?

The current Current Ratio of FREYR Battery (FREY) 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

12.73

5-year avg

7.98

10-year avg

7.98

FREYR Battery (FREY) Current Ratio vs. Peers

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

FREYR Battery’s Current Ratio is less than Solid Power, Inc. (6.88), greater than Enovix Corporation (3.98), greater than Microvast Holdings, Inc. (1.30), greater than Li-Cycle Holdings Corp. (0.60), greater than Fluence Energy, Inc. (1.33),

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Frequently asked questions❓

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