REN - Redes Energéticas Nacionais, SGPS, S.A.

REN - Redes Energéticas Nacionais, SGPS, S.A.verified

RENE.LS

Price:

$2.415

Market Cap:

$1.60B

REN - Redes Energéticas Nacionais, SGPS, S.A., through its subsidiaries, engages in the transmission of electricity and natural gas in Portugal. It operates in two segments, Electricity and Gas; and Telecommunications. The company operates as a national electricity transmission network; purchases, sells, imports, and exports electricity and natural gas; manages a concession to operate a pilot area for the production of electric energy from ocean waves; and operates a telecommunications network. It also operates liquefied natural gas terminal maintenance and regasification facilities; manages projects and ventures in the natural gas sector; provides underground storage development, maintenanc...[Read more]

Industry

Diversified Utilities

IPO Date

2007-07-10

Stock Exchange

EURONEXT

Ticker

RENE.LS

The Current Ratio as of September 2024 (TTM) for REN - Redes Energéticas Nacionais, SGPS, S.A. (RENE.LS) is 0.46

According to REN - Redes Energéticas Nacionais, SGPS, S.A.’s latest financial reports and current stock price. The company's current Current Ratio is 0.46. This represents a change of -17.00% compared to the average of 0.56 of the last 4 quarters.

REN - Redes Energéticas Nacionais, SGPS, S.A. (RENE.LS) Historical Current Ratio (quarterly & annually)

How has RENE.LS Current Ratio performed in the past?

The mean historical Current Ratio of REN - Redes Energéticas Nacionais, SGPS, S.A. over the last ten years is 0.60. The current 0.46 Current Ratio has changed 7.61% with respect to the historical average. Over the past ten years (40 quarters), RENE.LS's Current Ratio was at its highest in in the March 2022 quarter at 1.02. The Current Ratio was at its lowest in in the September 2020 quarter at 0.31.

Quarterly (TTM)
Annual

Average

0.60

Median

0.62

Minimum

0.35

Maximum

0.83

REN - Redes Energéticas Nacionais, SGPS, S.A. (RENE.LS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of REN - Redes Energéticas Nacionais, SGPS, 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 = 139.46%

Maximum Annual Current Ratio = 0.83

Minimum Annual Increase = -47.04%

Minimum Annual Current Ratio = 0.35

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.680.13%
20220.68-17.22%
20210.8247.74%
20200.5557.93%
20190.35-40.36%
20180.599.49%
20170.54-35.30%
20160.83139.46%
20150.35-47.04%
20140.65-18.75%

REN - Redes Energéticas Nacionais, SGPS, S.A. (RENE.LS) Average Current Ratio

How has RENE.LS Current Ratio performed in the past?

The current Current Ratio of REN - Redes Energéticas Nacionais, SGPS, S.A. (RENE.LS) 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

0.72

5-year avg

0.62

10-year avg

0.60

REN - Redes Energéticas Nacionais, SGPS, S.A. (RENE.LS) Current Ratio vs. Peers

How is RENE.LS’s Current Ratio compared to its peers?

REN - Redes Energéticas Nacionais, SGPS, S.A.’s Current Ratio is greater than Sonae, SGPS, S.A. (0), less than The Navigator Company, S.A. (1.10), less than EDP - Energias de Portugal, S.A. (0.88), less than NOS, S.G.P.S., S.A. (0.55), less than Altri, SGPS, S.A. (1.97),

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Frequently asked questions❓

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