Iren SpA

Iren SpAverified

IRE.MI

Price:

$2.008

Market Cap:

$2.58B

Iren SpA, together with its subsidiaries, operates as a multi-utility company in Italy. It operates through Networks, Waste Management, Energy, Market, and Other Services segments. The company produces and distributes electricity primarily from hydroelectric, thermoelectric, cogeneration, and other renewables, as well as distributes natural gas. It distributes electrical energy through 7,849 kilometers of medium and low voltage networks to approximately 725,000 connected users; and natural gas through its network of approximately 8,115 kilometers of high, medium, and low-pressure pipes to approximately 741,000 customers. The company also operates integrated water cycle, which includes 20,088...[Read more]

Industry

Diversified Utilities

IPO Date

2000-01-03

Stock Exchange

MIL

Ticker

IRE.MI

The Current Ratio as of September 2024 (TTM) for Iren SpA (IRE.MI) is 0.94

According to Iren SpA’s latest financial reports and current stock price. The company's current Current Ratio is 0.94. This represents a change of -1.09% compared to the average of 0.95 of the last 4 quarters.

Iren SpA (IRE.MI) Historical Current Ratio (quarterly & annually)

How has IRE.MI Current Ratio performed in the past?

The mean historical Current Ratio of Iren SpA over the last ten years is 1.15. The current 0.94 Current Ratio has changed 8.04% with respect to the historical average. Over the past ten years (40 quarters), IRE.MI's Current Ratio was at its highest in in the September 2018 quarter at 1.54. The Current Ratio was at its lowest in in the December 2023 quarter at 0.83.

Quarterly (TTM)
Annual

Average

1.15

Median

1.20

Minimum

0.83

Maximum

1.39

Iren SpA (IRE.MI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Iren SpA 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 = 36.08%

Maximum Annual Current Ratio = 1.39

Minimum Annual Increase = -22.23%

Minimum Annual Current Ratio = 0.83

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.83-20.85%
20221.055.75%
20211.00-22.23%
20201.289.54%
20191.17-4.78%
20181.23-11.27%
20171.399.78%
20161.26-6.00%
20151.3436.08%
20140.9934.82%

Iren SpA (IRE.MI) Average Current Ratio

How has IRE.MI Current Ratio performed in the past?

The current Current Ratio of Iren SpA (IRE.MI) 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

0.96

5-year avg

1.07

10-year avg

1.15

Iren SpA (IRE.MI) Current Ratio vs. Peers

How is IRE.MI’s Current Ratio compared to its peers?

Iren SpA’s Current Ratio is less than Hera S.p.A. (1.10), less than A2A S.p.A. (1.22), greater than ACEA S.p.A. (0.79), greater than Italgas S.p.A. (0.57), greater than Snam S.p.A. (0.79),

CompanyCurrent RatioMarket cap
1.10$5.20B
1.22$6.51B
0.79$3.67B
0.57$4.31B
0.79$15.43B

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