Red Eléctrica Corporación, S.A.

Red Eléctrica Corporación, S.A.verified

RDEIY

Price:

$8.82

Market Cap:

$9.14B

Red Eléctrica Corporación, S.A. engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. Its transmission network comprises approximately 44,687 kilometers; and has 93,871 MVA of transformation capacity. The company also provides advisory, engineering, and construction services; telecommunications infrastructure services to telecommunications operators comprising leasing of dark fiber; and line and sub-station maintenance services. In addition, it manages and constructs energy storage facilities and the water cycle; operates satellite communications system and offers space segment service...[Read more]

Industry

Regulated Electric

IPO Date

2010-01-20

Stock Exchange

PNK

Ticker

RDEIY

The Current Ratio as of November 2024 (TTM) for Red Eléctrica Corporación, S.A. (RDEIY) is 0.81

According to Red Eléctrica Corporación, S.A.’s latest financial reports and current stock price. The company's current Current Ratio is 0.81. This represents a change of -31.47% compared to the average of 1.18 of the last 4 quarters.

Red Eléctrica Corporación, S.A. (RDEIY) Historical Current Ratio (quarterly & annually)

How has RDEIY Current Ratio performed in the past?

The mean historical Current Ratio of Red Eléctrica Corporación, S.A. over the last ten years is 0.98. The current 0.81 Current Ratio has changed 8.14% with respect to the historical average. Over the past ten years (40 quarters), RDEIY's Current Ratio was at its highest in in the September 2023 quarter at 1.44. The Current Ratio was at its lowest in in the March 2017 quarter at 0.69.

Quarterly (TTM)
Annual

Average

0.98

Median

0.95

Minimum

0.78

Maximum

1.31

Red Eléctrica Corporación, S.A. (RDEIY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Red Eléctrica Corporación, S.A. 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 = 66.88%

Maximum Annual Current Ratio = 1.31

Minimum Annual Increase = -37.19%

Minimum Annual Current Ratio = 0.78

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.064.08%
20221.024.55%
20210.97-26.00%
20201.3166.88%
20190.79-37.19%
20181.2537.75%
20170.91-1.50%
20160.9215.00%
20150.803.25%
20140.7831.02%

Red Eléctrica Corporación, S.A. (RDEIY) Average Current Ratio

How has RDEIY Current Ratio performed in the past?

The current Current Ratio of Red Eléctrica Corporación, S.A. (RDEIY) 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

1.01

5-year avg

1.03

10-year avg

0.98

Red Eléctrica Corporación, S.A. (RDEIY) Current Ratio vs. Peers

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

Red Eléctrica Corporación, S.A.’s Current Ratio is less than Engie Brasil Energia S.A. (1.02), less than Centrais Elétricas Brasileiras S.A. - Eletrobrás (2.06), less than Centrais Elétricas Brasileiras S.A. - Eletrobrás (2.06), greater than Ameren Corporation (0.63), greater than PNM Resources, Inc. (0.47), less than CMS Energy Corporation (1.23), greater than Evergy, Inc. (0.55), greater than Duke Energy Corporation (0.70), less than The Southern Company (0.91), greater than American Electric Power Company, Inc. (0.57), greater than NextEra Energy, Inc. (0.41), less than Consolidated Edison, Inc. (1.01),

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