Tidewater Renewables Ltd.

Tidewater Renewables Ltd.verified

TDWRF

Price:

$1.85

Market Cap:

$87.95M

Tidewater Renewables Ltd. engages in production of renewable fuel in North America. It intends to focus on the production of low carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas, as well as carbon capture. The company intends to supply low carbon fuels to investment grade offtakers, existing customers, government entities, first nations groups, and others in the transportation, utilities, refining, marketing, power, and other industries. Tidewater Renewables Ltd. was incorporated in 2021 and is headquartered in Calgary, Canada.[Read more]

Industry

Renewable Utilities

IPO Date

2022-07-08

Stock Exchange

PNK

Ticker

TDWRF

The Current Ratio as of September 2024 (TTM) for Tidewater Renewables Ltd. (TDWRF) is 0.30

According to Tidewater Renewables Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.30. This represents a change of 27.66% compared to the average of 0.23 of the last 4 quarters.

Tidewater Renewables Ltd. (TDWRF) Historical Current Ratio (quarterly & annually)

How has TDWRF Current Ratio performed in the past?

The mean historical Current Ratio of Tidewater Renewables Ltd. over the last ten years is 0.37. The current 0.30 Current Ratio has changed 8.00% with respect to the historical average. Over the past ten years (40 quarters), TDWRF's Current Ratio was at its highest in in the September 2021 quarter at 1.60. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

0.37

Median

0.13

Minimum

0

Maximum

1.24

Tidewater Renewables Ltd. (TDWRF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tidewater Renewables 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 = Infinity%

Maximum Annual Current Ratio = 1.24

Minimum Annual Increase = -69.57%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.20-69.57%
20220.67-46.26%
20211.242.14%
20200.063.16%
20190.05Infinity%

Tidewater Renewables Ltd. (TDWRF) Average Current Ratio

How has TDWRF Current Ratio performed in the past?

The current Current Ratio of Tidewater Renewables Ltd. (TDWRF) 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

0.70

5-year avg

0.44

10-year avg

0.37

Tidewater Renewables Ltd. (TDWRF) Current Ratio vs. Peers

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

Tidewater Renewables Ltd.’s Current Ratio is less than Northland Power Inc. (0.86), less than Algonquin Power & Utilities Corp. (0.98), less than ReNew Energy Global Plc (0.67), less than Clearway Energy, Inc. (1.46), less than Clearway Energy, Inc. (1.46), less than Enlight Renewable Energy Ltd (0.59), less than Ormat Technologies, Inc. (0.97), less than Ellomay Capital Ltd. (1.05), less than Advent Technologies Holdings, Inc. (0.74), less than Energy Vault Holdings, Inc. (2.87), less than Altus Power, Inc. (0.91),

Build a custom stock screener for Tidewater Renewables Ltd. (TDWRF) 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 Tidewater Renewables Ltd. 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.

Tidewater Renewables Ltd. (TDWRF) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Tidewater Renewables Ltd. 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 Tidewater Renewables Ltd.'s Current Ratio?

How is the Current Ratio calculated for Tidewater Renewables Ltd. (TDWRF)?

What is the highest Current Ratio for Tidewater Renewables Ltd. (TDWRF)?

What is the 3-year average Current Ratio for Tidewater Renewables Ltd. (TDWRF)?

What is the 5-year average Current Ratio for Tidewater Renewables Ltd. (TDWRF)?

How does the current Current Ratio for Tidewater Renewables Ltd. (TDWRF) compare to its historical average?