Scatec ASA

Scatec ASAverified

SCATC.OL

Price:

$81.3

Market Cap:

$12.92B

Scatec ASA, together with its subsidiaries, operates as a renewable power producer worldwide. The company operates through Power Production; Services; and Development and Construction segments. It develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, construction, operation, maintenance, and asset management of power plants. It has a total of 15 GW in operation and under construction. The company was formerly known as Scatec Solar ASA and changed its name to Scatec ASA in November 2020. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway.[Read more]

Industry

Renewable Utilities

IPO Date

2014-10-02

Stock Exchange

OSL

Ticker

SCATC.OL

The Current Ratio as of September 2024 (TTM) for Scatec ASA (SCATC.OL) is 0.95

According to Scatec ASA’s latest financial reports and current stock price. The company's current Current Ratio is 0.95. This represents a change of 6.91% compared to the average of 0.89 of the last 4 quarters.

Scatec ASA (SCATC.OL) Historical Current Ratio (quarterly & annually)

How has SCATC.OL Current Ratio performed in the past?

The mean historical Current Ratio of Scatec ASA over the last ten years is 2.41. The current 0.95 Current Ratio has changed 3.85% with respect to the historical average. Over the past ten years (40 quarters), SCATC.OL's Current Ratio was at its highest in in the December 2017 quarter at 3.91. The Current Ratio was at its lowest in in the September 2023 quarter at 0.85.

Quarterly (TTM)
Annual

Average

2.41

Median

2.53

Minimum

0.87

Maximum

3.91

Scatec ASA (SCATC.OL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Scatec ASA 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 = 166.58%

Maximum Annual Current Ratio = 3.91

Minimum Annual Increase = -46.24%

Minimum Annual Current Ratio = 0.87

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.87-46.24%
20221.61-16.80%
20211.94-25.36%
20202.6058.84%
20191.63-33.76%
20182.47-36.94%
20173.9134.28%
20162.91-2.56%
20152.99-6.13%
20143.19166.58%

Scatec ASA (SCATC.OL) Average Current Ratio

How has SCATC.OL Current Ratio performed in the past?

The current Current Ratio of Scatec ASA (SCATC.OL) 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

1.47

5-year avg

1.73

10-year avg

2.41

Scatec ASA (SCATC.OL) Current Ratio vs. Peers

How is SCATC.OL’s Current Ratio compared to its peers?

Scatec ASA’s Current Ratio is less than Kahoot! ASA (1.25), less than Equinor ASA (1.54), greater than Quantafuel ASA (0.31), less than Zaptec AS (2.21), less than Tomra Systems ASA (1.55),

CompanyCurrent RatioMarket cap
1.25$17.09B
1.54$716.42B
0.31$1.77B
2.21$984.26M
1.55$47.24B

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