As of June 2, 2025, EDP Renovaveis SA (EDPR.LS) reports a Current Ratio of 0.69.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of EDP Renovaveis SA's Current Ratio
Over recent years, EDP Renovaveis SA's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 0.69 |
| 2023-12-31 | 0.66 |
| 2022-12-31 | 0.65 |
| 2021-12-31 | 0.89 |
| 2020-12-31 | 0.72 |
This slight upward trend highlights how EDP Renovaveis SA manages its short-term assets and liabilities over time.
Comparing EDP Renovaveis SA's Current Ratio to Peers
To better understand EDP Renovaveis SA's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| EDP Renovaveis SA (EDPR.LS) | 0.69 |
| Eco Wave Power Global AB (publ) (ECOWVE.ST) | 15.04 |
| Athena Investments A/S (ATHENA.CO) | 8.50 |
| Polenergia SA (PEP.WA) | 2.86 |
| Frendy Energy SpA (FDE.MI) | 2.77 |
| EAM Solar ASA (EAM.OL) | 2.39 |
Compared to its competitors, EDP Renovaveis SA's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.