Red Eléctrica Corporación, S.A.

Red Eléctrica Corporación, S.A.verified

RDEIY

Price:

$9.59

Market Cap:

$9.34B

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 September 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. (1.15), less than Centrais Elétricas Brasileiras S.A. - Eletrobrás (2.35), less than Centrais Elétricas Brasileiras S.A. - Eletrobrás (2.35), greater than Ameren Corporation (0.67), greater than PNM Resources, Inc. (0.47), less than CMS Energy Corporation (1.18), greater than Evergy, Inc. (0.59), less than Duke Energy Corporation (0.81), less than The Southern Company (0.91), greater than American Electric Power Company, Inc. (0.65), greater than NextEra Energy, Inc. (0.49), less than Consolidated Edison, Inc. (1.04),

Build a custom stock screener for Red Eléctrica Corporación, S.A. (RDEIY) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Red Eléctrica Corporación, S.A. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Red Eléctrica Corporación, S.A. (RDEIY) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Red Eléctrica Corporación, S.A. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Red Eléctrica Corporación, S.A.'s Current Ratio?

How is the Current Ratio calculated for Red Eléctrica Corporación, S.A. (RDEIY)?

What is the highest Current Ratio for Red Eléctrica Corporación, S.A. (RDEIY)?

What is the 3-year average Current Ratio for Red Eléctrica Corporación, S.A. (RDEIY)?

What is the 5-year average Current Ratio for Red Eléctrica Corporación, S.A. (RDEIY)?

How does the current Current Ratio for Red Eléctrica Corporación, S.A. (RDEIY) compare to its historical average?