Greencoat Renewables Plc Stock Current Ratio

GRP Stock  EUR 0.82  0.01  1.20%   
Greencoat Renewables PLC fundamentals help investors to digest information that contributes to Greencoat Renewables' financial success or failures. It also enables traders to predict the movement of Greencoat Stock. The fundamental analysis module provides a way to measure Greencoat Renewables' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Greencoat Renewables stock.
  
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Greencoat Renewables PLC Company Current Ratio Analysis

Greencoat Renewables' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

In accordance with the recently published financial statements, Greencoat Renewables PLC has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Utilities sector and about the same as Utilities-Renewable (which currently averages 0.0) industry. The current ratio for all Ireland stocks is 100.0% higher than that of the company.

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Greencoat Fundamentals

About Greencoat Renewables Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Greencoat Renewables PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Greencoat Renewables using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Greencoat Renewables PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Additional Tools for Greencoat Stock Analysis

When running Greencoat Renewables' price analysis, check to measure Greencoat Renewables' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Greencoat Renewables is operating at the current time. Most of Greencoat Renewables' value examination focuses on studying past and present price action to predict the probability of Greencoat Renewables' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greencoat Renewables' price. Additionally, you may evaluate how the addition of Greencoat Renewables to your portfolios can decrease your overall portfolio volatility.