MNTK
Price:
$3.75
Market Cap:
$537.63M
Montauk Renewables, Inc., a renewable energy company, engages in recovery and processing of biogas from landfills and other non-fossil fuel sources. It operates in two segments, Renewable Natural Gas and Renewable Electricity Generation. The company develops, owns, and operates renewable natural gas (RNG) projects that capture methane and prevents it from being released into the atmosphere by converting it into either RNG or electrical power for the electrical grid. Its customers for RNG and renewable identification numbers (RIN) include long-term owner-operators of landfills and livestock farms, local utilities, and refiners in the natural gas and refining sectors. The company was founded i...[Read more]
Industry
Diversified Utilities
IPO Date
2021-01-22
Stock Exchange
NASDAQ
Ticker
MNTK
According to Montauk Renewables, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.04. This represents a change of -9.78% compared to the average of 2.26 of the last 4 quarters.
The mean historical Current Ratio of Montauk Renewables, Inc. over the last ten years is 2.46. The current 2.04 Current Ratio has changed 8.18% with respect to the historical average. Over the past ten years (40 quarters), MNTK's Current Ratio was at its highest in in the December 2022 quarter at 4.40. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
2.46
Median
2.58
Minimum
0.99
Maximum
4.40
Discovering the peaks and valleys of Montauk Renewables, Inc. 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 = 168.18%
Maximum Annual Current Ratio = 4.40
Minimum Annual Increase = -52.65%
Minimum Annual Current Ratio = 0.99
Year | Current Ratio | Change |
---|---|---|
2023 | 3.07 | -30.12% |
2022 | 4.40 | 43.63% |
2021 | 3.06 | 168.18% |
2020 | 1.14 | 14.91% |
2019 | 0.99 | -52.65% |
The current Current Ratio of Montauk Renewables, Inc. (MNTK) 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
3.51
5-year avg
2.53
10-year avg
2.46
Montauk Renewables, Inc.’s Current Ratio is greater than Avista Corporation (0.75), greater than ALLETE, Inc. (1.45), greater than Black Hills Corporation (1.12), greater than Companhia Paranaense de Energia - COPEL (1.45), greater than Companhia Energética de Minas Gerais (1.04), greater than NorthWestern Corporation (0.45), greater than E.ON SE (0.87), greater than Companhia Energética de Minas Gerais (1.04), less than Otter Tail Corporation (2.17), greater than Unitil Corporation (0.91), greater than The AES Corporation (0.85),
Company | Current Ratio | Market cap |
---|---|---|
0.75 | $2.87B | |
1.45 | $3.73B | |
1.12 | $4.15B | |
1.45 | $4.18B | |
1.04 | $5.92B | |
0.45 | $3.23B | |
0.87 | $30.48B | |
1.04 | $5.82B | |
2.17 | $3.14B | |
0.91 | $870.66M | |
0.85 | $11.23B |
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