Montauk Renewables, Inc.

Montauk Renewables, Inc.verified

MNTK

Price:

$4.49

Market Cap:

$644.82M

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

The Current Ratio as of September 2024 (TTM) for Montauk Renewables, Inc. (MNTK) is 1.66

According to Montauk Renewables, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.66. This represents a change of -37.16% compared to the average of 2.64 of the last 4 quarters.

Montauk Renewables, Inc. (MNTK) Historical Current Ratio (quarterly & annually)

How has MNTK Current Ratio performed in the past?

The mean historical Current Ratio of Montauk Renewables, Inc. over the last ten years is 2.46. The current 1.66 Current Ratio has changed 6.64% 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.

Quarterly (TTM)
Annual

Average

2.46

Median

2.58

Minimum

0.99

Maximum

4.40

Montauk Renewables, Inc. (MNTK) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.07-30.12%
20224.4043.63%
20213.06168.18%
20201.1414.91%
20190.99-52.65%

Montauk Renewables, Inc. (MNTK) Average Current Ratio

How has MNTK Current Ratio performed in the past?

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. (MNTK) Current Ratio vs. Peers

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

Montauk Renewables, Inc.’s Current Ratio is greater than Avista Corporation (0.88), greater than ALLETE, Inc. (1.45), greater than Black Hills Corporation (1.06), greater than Companhia Paranaense de Energia - COPEL (1.57), greater than Companhia Energética de Minas Gerais (0.96), greater than NorthWestern Corporation (0.52), greater than E.ON SE (0.86), greater than Companhia Energética de Minas Gerais (1.15), less than Otter Tail Corporation (2.27), greater than Unitil Corporation (0.58), greater than The AES Corporation (0.97),

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