As of June 20, 2025, 808 Renewable Energy Corp (RNWR) reports a Current Ratio of 0.57.
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 808 Renewable Energy Corp's Current Ratio
Over recent years, 808 Renewable Energy Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2022-12-31 | 0.57 |
| 2021-12-31 | 1.11 |
| 2020-12-31 | - |
| 2015-12-31 | 0.29 |
| 2014-12-31 | 8.50 |
This fluctuation highlights how 808 Renewable Energy Corp manages its short-term assets and liabilities over time.
Comparing 808 Renewable Energy Corp's Current Ratio to Peers
To better understand 808 Renewable Energy Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| 808 Renewable Energy Corp (RNWR) | 0.57 |
| Renewables Infrastructure Group Ltd (TRIG.L) | 27.55 |
| Polaris Renewable Energy Inc (PIF.TO) | 6.74 |
| RE Royalties Ltd (RE.V) | 2.64 |
| Jade Power Trust (JPWR.UN.V) | 2.12 |
| Reservoir Capital Corp (REO.CN) | 1.65 |
Compared to its competitors, 808 Renewable Energy Corp's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.