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Renewable Energy Services & Equipment Industry Financial Strength Information

Financial Strength Information & Trends  
 


Category:   Period:  

Renewable Energy Services & Equipment Industry 4 Q 3 Q 2 Q 1 Q 4 Q
  2023 2023 2023 2023 2022
Quick Ratio (TTM) 0.3 0.33 0.35 0.35 0.33
Quick Ratio Ranking # 56 # 53 # 52 # 51 # 56
Working Capital Ratio (TTM) 1.04 1.14 1.24 1.28 1.28
Working Capital Ratio Ranking # 75 # 63 # 66 # 59 # 59
Working Capital Per Revenue 0.02 0.06 0.1 0.11 0.11
Working Capital Per Revenue Ranking # 39 # 44 # 51 # 55 # 59
Leverage Ratio (TTM) 8.44 9.06 8.78 8.72 8.34
Leverage Ratio Ranking # 96 # 94 # 97 # 95 # 95
Total Debt to Equity (TTM) 3.97 4.24 4.89 5.05 4.98
Total Debt to Equity Ranking # 102 # 98 # 102 # 103 # 101
Interest Coverage (TTM) 2.58 2.36 2.53 2.45 2.79
Interest Coverage Ranking # 86 # 81 # 87 # 91 # 93
Debt Coverage (TTM) 0.19 0.17 0.15 0.14 0.15
Debt Coverage Ranking # 82 # 84 # 92 # 94 # 91


Quick Ratio Comment
On the trailing twelve months basis Due to increase in Current Liabilities in the 4 Q 2023, Quick Ratio fell to 0.3 below Renewable Energy Services & Equipment Industry average.



Within Energy sector 4 other industries have achieved higher Quick Ratio. Quick Ratio total ranking fell in contrast to the previous quarter from 53 to 56.

Note, Numbers include only companies who have reported earnings results. Numbers change as more businesses report financial results. See the full List.

Quick Ratio Statistics as of 4 Q 2023
High Average Low
3 1.09 0.26
2. quarter 2016   4. quarter 2017

Quick Ratio Industry Ranking
Within: No.
Sector # 5
Overall # 56


Other Quick Ratios
Compare Industry's quick ratio to Cib's or S&P Constituent list of Renewable Energy Services & Equipment Industry
Highest Ranking Quick Ratios Lowest Ranking Quick Ratios
Quick Ratios for CIB's Competitors Definiton of Quick Ratio


Renewable Energy Services & Equipment Industry Working Capital Ratio Statistics as of 4 Q 2023
 



Working Capital Ratio Statistics as of 4 Q 2023
High Average Low
3.6 1.88 0.79
2. quarter 2018   2. quarter 2016



Working Capital Ratio Comment
On the trailing twelve months basis Due to increase in Current Liabilities in the 4 Q 2023, Working Capital Ratio fell to 1.04 below Renewable Energy Services & Equipment Industry average.



Within Energy sector 5 other industries have achieved higher Working Capital Ratio. Working Capital Ratio total ranking has deteriorated relative to the previous quarter from 63 to 75.



Working Capital Ratio Industry Ranking
Within: No.
Sector # 6
Overall # 75

Other Working Capital Ratios
Highest Ranking Working Capital Ratios Lowest Ranking Working Capital Ratios
Compare Industry's Working Capital ratio to Cib's or S&P Constituent list of Renewable Energy Services & Equipment Industry
Working Capital ratios for CIB's Competitors Definiton of Working Capital Ratio

Renewable Energy Services & Equipment Industry Working Capital Per Revenue Statistics as of 4 Q 2023
 
Working Capital Per Revenue Comment
On the trailing twelve months basis Renewable Energy Services & Equipment Industry's Working Capital Per Revenue sequentially decreased to 0.02 in the 4 Q 2023, below Industry average. Due to decrease of revenue year on year by -2.75%.



Within Energy sector only one Industry has achieved lower Working Capital Per Revenue. Working Capital Per Revenue total ranking has improved to 39, from total ranking in previous quarter at 44.




Working Capital Per Revenue Statistics as of 4 Q 2023
High Average Low
0.77 0.33 -0.05
2. quarter 2018   4. quarter 2017


Working Capital Per Revenue Industry Ranking
Within: No.
Sector # 2
Overall # 39



Other Working Capital Per Revenue
Compare Industry's Working Capital Per Revenue to Cib's or S&P Constituent list of Renewable Energy Services & Equipment Industry
Return On Assets for Renewable Energy Services & Equipment Industry Definiton of Working Capital Per Revenue



Renewable Energy Services & Equipment Industry Leverage Ratio Statistics as of 4 Q 2023
 


Leverage Ratio Statistics as of 4 Q 2023
High Average Low
9.06 2.98 -0.11
3. quarter 2023   2. quarter 2016



Leverage Ratio Comment
Despite net new borrowings of 2.84% Industry managed to improve Liabilities to Equity ratio in 4 Q 2023 to 8.44, above Renewable Energy Services & Equipment Industry average.



Among other Industries in the Energy sector 5 other industries have achieved lower Leverage Ratio.



Leverage Ratio overall ranking has fallen relative to the prior quarter from 94 to 96.



Leverage Ratio Industry Ranking
Within: No.
Sector # 6
Overall # 96

Other Leverage Ratios
Compare Industry's Leverage ratio to Cib's or S&P Bond Interest rates
Highest Ranking Leverage Ratios Lowest Ranking Leverage Ratios
Leverage Ratios for CIB's Competitors What is Leverage Ratio?


Renewable Energy Services & Equipment Industry Total Debt to Equity Ratio Statistics as of 4 Q 2023
 
Debt to Equity Ratio Comment
Despite net new borrowings of 3.32% Industry managed to improve Total Debt to Equity in 4 Q 2023 to 3.97, above Industry average.



Within Energy sector 5 other industries have achieved lower Debt to Equity Ratio. Debt to Equity Ratio total ranking has contracted relative to the preceding quarter from 98 to 102.




Debt to Equity Ratio Statistics as of 4 Q 2023
High Average Low
5.05 1.11 0.01
1. quarter 2023   3. quarter 2017



Debt to Equity Industry Ranking
Within: No.
Sector # 6
Overall # 102

Other Debt to Equity Ratios
Highest Ranking Debt to Equity Ratios Lowest Ranking Debt to Equity Ratios
Compare Industry's Debt to Equity ratio to Cib's or S&P Definiton of Debt to Equity Ratio

Renewable Energy Services & Equipment Industry Interest Coverage Ratio Statistics as of 4 Q 2023
 


Interest Coverage Ratio Statistics as of 4 Q 2023
High Average Low
6.94 -3.63 -191.08
4. quarter 2018   3. quarter 2016

Interest Coverage Ratio Comment
On the trailing twelve months basis Renewable Energy Services & Equipment Industry's ebitda grew by 12.26 % in 4 Q 2023 sequentially, faster than interest expenses, this led to improvement in Industry's Interest Coverage Ratio to 2.58 , above Renewable Energy Services & Equipment Industry average Interest Coverage Ratio.



In the Energy sector 4 other industries have accomplished higher Interest Coverage Ratio. Interest Coverage overall ranking fell in contrast to the prior period from 81 to 86.



Interest Coverage Ratio Industry Ranking
Within: No.
Sector # 5
Overall # 86

Other Interest Coverage Ratios
Highest Ranking Interest Coverage Ratios Lowest Ranking Interest Coverage Ratios
Compare Industry's Interest Coverage ratio to Cib's or S&P Definiton of Interest Coverage Ratio


Renewable Energy Services & Equipment Industry Debt Coverage Statistics as of 4 Q 2023
 
Debt Coverage Ratio Comment
On the trailing twelve months basis Renewable Energy Services & Equipment Industry's ebitda grew by 12.26 % in 4 Q 2023 sequentially, faster than total debt, this led to improvement in Industry's Debt Coverage Ratio to 0.19 , Debt Coverage Ratio remained below Renewable Energy Services & Equipment Industry average.



Looking into Energy sector 4 other industries have achieved higher debt coverage ratio. Debt Coverage Ratio total ranking has improved to 82, from total ranking in previous quarter at 84.




Debt Coverage Statistics as of 4 Q 2023
High Average Low
9.28 1.12 -7.89
1. quarter 2018   3. quarter 2017



Debt Coverage Industry Ranking
Within: No.
Sector # 5
Overall # 82

Other Debt Coverage Ratios
Highest Ranking Debt Coverage Ratios Lowest Ranking Debt Coverage Ratios
See also Renewable Energy Services & Equipment Industry's Margin Definiton of Debt Coverage Ratio

Date modified: 2024-04-11T15:53:11+00:00



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