Emeren Current Ratio from 2010 to 2024

SOL Stock  USD 1.70  0.04  2.30%   
Emeren Current Ratio yearly trend continues to be quite stable with very little volatility. Current Ratio may rise above 3.33 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
3.1691786
Current Value
3.33
Quarterly Volatility
2.45982584
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Emeren financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Emeren main balance sheet or income statement drivers, such as Selling General Administrative of 23.5 M, Other Operating Expenses of 100.3 M or Total Operating Expenses of 23 M, as well as many exotic indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0105 or PTB Ratio of 0.0449. Emeren financial statements analysis is a perfect complement when working with Emeren Valuation or Volatility modules.
  
This module can also supplement Emeren's financial leverage analysis and stock options assessment as well as various Emeren Technical models . Check out the analysis of Emeren Correlation against competitors.

Latest Emeren's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Emeren Group over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Emeren's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Emeren's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 9.17 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Emeren Current Ratio Regression Statistics

Arithmetic Mean2.03
Geometric Mean1.28
Coefficient Of Variation121.44
Mean Deviation1.75
Median0.94
Standard Deviation2.46
Sample Variance6.05
Range8.8305
R-Value0.62
Mean Square Error4.00
R-Squared0.39
Significance0.01
Slope0.34
Total Sum of Squares84.71

Emeren Current Ratio History

2024 3.33
2023 3.17
2022 5.33
2021 9.39
2020 1.55
2019 0.94
2018 1.01

About Emeren Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Emeren income statement, its balance sheet, and the statement of cash flows. Emeren investors use historical funamental indicators, such as Emeren's Current Ratio, to determine how well the company is positioned to perform in the future. Although Emeren investors may use each financial statement separately, they are all related. The changes in Emeren's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Emeren's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Emeren Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Emeren. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 3.17  3.33 

Currently Active Assets on Macroaxis

When determining whether Emeren Group is a strong investment it is important to analyze Emeren's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Emeren's future performance. For an informed investment choice regarding Emeren Stock, refer to the following important reports:
Check out the analysis of Emeren Correlation against competitors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Emeren's price analysis, check to measure Emeren's 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 Emeren is operating at the current time. Most of Emeren's value examination focuses on studying past and present price action to predict the probability of Emeren's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emeren's price. Additionally, you may evaluate how the addition of Emeren to your portfolios can decrease your overall portfolio volatility.
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Is Emeren's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Emeren. If investors know Emeren will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Emeren listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.42
Earnings Share
0.1
Revenue Per Share
1.852
Quarterly Revenue Growth
1.128
Return On Assets
(0.01)
The market value of Emeren Group is measured differently than its book value, which is the value of Emeren that is recorded on the company's balance sheet. Investors also form their own opinion of Emeren's value that differs from its market value or its book value, called intrinsic value, which is Emeren's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Emeren's market value can be influenced by many factors that don't directly affect Emeren's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Emeren's value and its price as these two are different measures arrived at by different means. Investors typically determine if Emeren is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emeren's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.