SOL
Price:
$1.87
Market Cap:
$98.63M
ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects in the United States, Canada, Europe, and internationally. It operates through three segments: Solar Power Project Development, EPC Services, and Electricity Generation Revenue. The company also develops community solar gardens; and sells project rights. In addition, its engineering, procurement, and construction business provides engineering design, procurement of solar modules, balance-of-system components and other components, and construction contracting and management services. Further, the company generates and sells electricity. As of December 31, 2021, it operated approximately 100 sola...[Read more]
Industry
Solar
IPO Date
2008-01-29
Stock Exchange
NYSE
Ticker
SOL
According to ReneSola Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 2.76. This represents a change of -6.43% compared to the average of 2.94 of the last 4 quarters.
The mean historical Current Ratio of ReneSola Ltd over the last ten years is 2.44. The current 2.76 Current Ratio has changed 11.17% with respect to the historical average. Over the past ten years (40 quarters), SOL's Current Ratio was at its highest in in the June 2021 quarter at 9.80. The Current Ratio was at its lowest in in the September 2017 quarter at 0.
Average
2.44
Median
1.09
Minimum
0.56
Maximum
9.39
Discovering the peaks and valleys of ReneSola Ltd 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 = 503.91%
Maximum Annual Current Ratio = 9.39
Minimum Annual Increase = -43.27%
Minimum Annual Current Ratio = 0.56
Year | Current Ratio | Change |
---|---|---|
2023 | 3.27 | -38.54% |
2022 | 5.33 | -43.27% |
2021 | 9.39 | 503.91% |
2020 | 1.55 | 65.00% |
2019 | 0.94 | -6.87% |
2018 | 1.01 | -13.65% |
2017 | 1.17 | 108.75% |
2016 | 0.56 | -2.88% |
2015 | 0.58 | -10.15% |
2014 | 0.64 | -8.60% |
The current Current Ratio of ReneSola Ltd (SOL) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
6.00
5-year avg
4.10
10-year avg
2.44
ReneSola Ltd’s Current Ratio is greater than Canadian Solar Inc. (0.94), greater than Maxeon Solar Technologies, Ltd. (1.36), greater than SunPower Corporation (0.94), greater than SolarEdge Technologies, Inc. (2.34), greater than Sunnova Energy International Inc. (0.86), greater than Sunrun Inc. (1.47), greater than First Solar, Inc. (2.14), greater than iSun, Inc. (0.89), greater than JinkoSolar Holding Co., Ltd. (1.22),
Company | Current Ratio | Market cap |
---|---|---|
0.94 | $788.14M | |
1.36 | $130.27M | |
0.94 | $21.55M | |
2.34 | $688.45M | |
0.86 | $612.27M | |
1.47 | $2.36B | |
2.14 | $19.92B | |
0.89 | $2.25M | |
1.22 | $1.12B |
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