Northland Power Inc.

Northland Power Inc.verified

NPI.TO

Price:

$21.32

Market Cap:

$5.51B

Northland Power Inc., an independent power producer, develops, builds, owns, and operates clean and green power projects in North America, Europe, Latin America, and Asia. The company produces electricity from renewable resources, such as wind, solar, or hydropower, as well as clean-burning natural gas and biomass for sale under power purchase agreements and other revenue arrangements. It owned or had an economic interest in 3.2 gigawatts of operating generating capacity. The company was founded in 1987 and is headquartered in Toronto, Canada.[Read more]

Industry

Renewable Utilities

IPO Date

2003-10-09

Stock Exchange

TSX

Ticker

NPI.TO

The Current Ratio as of November 2024 (TTM) for Northland Power Inc. (NPI.TO) is 0.86

According to Northland Power Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.86. This represents a change of -15.69% compared to the average of 1.02 of the last 4 quarters.

Northland Power Inc. (NPI.TO) Historical Current Ratio (quarterly & annually)

How has NPI.TO Current Ratio performed in the past?

The mean historical Current Ratio of Northland Power Inc. over the last ten years is 1.13. The current 0.86 Current Ratio has changed 7.45% with respect to the historical average. Over the past ten years (40 quarters), NPI.TO's Current Ratio was at its highest in in the September 2017 quarter at 2.11. The Current Ratio was at its lowest in in the September 2021 quarter at 0.66.

Quarterly (TTM)
Annual

Average

1.13

Median

1.14

Minimum

0.73

Maximum

1.43

Northland Power Inc. (NPI.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Northland Power 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 = 95.34%

Maximum Annual Current Ratio = 1.43

Minimum Annual Increase = -67.97%

Minimum Annual Current Ratio = 0.73

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.13-7.87%
20221.2322.17%
20211.01-0.85%
20201.0211.06%
20190.91-32.03%
20181.3518.15%
20171.14-18.37%
20161.40-2.08%
20151.4395.34%
20140.73-67.97%

Northland Power Inc. (NPI.TO) Average Current Ratio

How has NPI.TO Current Ratio performed in the past?

The current Current Ratio of Northland Power Inc. (NPI.TO) 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

1.12

5-year avg

1.06

10-year avg

1.13

Northland Power Inc. (NPI.TO) Current Ratio vs. Peers

How is NPI.TO’s Current Ratio compared to its peers?

Northland Power Inc.’s Current Ratio is less than TransAlta Renewables Inc. (0.87), greater than Brookfield Renewable Partners L.P. (0.52), less than Algonquin Power & Utilities Corp. (0.97), greater than Innergex Renewable Energy Inc. (0.57), less than Capital Power Corporation (1.05),

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