Citicore Renewable EnergyPHS:CREC -0.44%3 Cash Ratio is 3.38 as of Mar. 2026, which is 37% above its 10-year median of 2.46. GuruFocus rates PHS:CREC with a GF Score™ of 3/100. The stock has 7 warning signs investors should review. Among 434 Utilities - Independent Power Producers companies, Citicore Renewable Energy ranks better than 90.55% on this metric.
Citicore Renewable Energy has a Cash Ratio of 3.38. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for Citicore Renewable Energy's Cash Ratio or its related term are showing as below:
PHS:CREC'
s Cash Ratio Range Over the Past 10 Years
Min: 1.52 Med: 2.46 Max: 6.85
Current: 3.38
During the past 4 years, Citicore Renewable Energy's highest Cash Ratio was 6.85. The lowest was 1.52. And the median was 2.46.
Citicore Renewable Energy (PHS:CREC) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Citicore Renewable Energy Cash Ratio Related Terms
Citicore Renewable Energy Cash Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Citicore Renewable Energy Cash Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Citicore Renewable Energy's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Citicore Renewable Energy Cash Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Citicore Renewable Energy's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Citicore Renewable Energy's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Citicore Renewable Energy (PHS:CREC) has a Cash Ratio of 3.38 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Citicore Renewable Energy and its competitors. This is 37% above median its historical median of 2.46. Over the past decade, Citicore Renewable Energy's Cash Ratio has ranged from 1.52 to 6.85. According to the industry distribution chart, Citicore Renewable Energy ranks #41 out of 434 companies in the Utilities - Independent Power Producers industry, placing it in the top 9.4%.
Is Citicore Renewable Energy's Cash Ratio too high?
Citicore Renewable Energy's current Cash Ratio of 3.38 is 37% above median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 6.85. The Utilities - Independent Power Producers industry median Cash Ratio is 0.46. Citicore Renewable Energy's value of 3.38 is 634.8% above this industry median. Based on the distribution chart, Citicore Renewable Energy ranks #41 out of 434 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Citicore Renewable Energy has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Citicore Renewable Energy's Cash Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Citicore Renewable Energy ranks #41 out of 434 companies for Cash Ratio. This places Citicore Renewable Energy in the top 9% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.46. Citicore Renewable Energy's value of 3.38 is 634.8% above this benchmark. Historically, Citicore Renewable Energy's own Cash Ratio has ranged from 1.52 to 6.85 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 0.46, Citicore Renewable Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Utilities - Independent Power Producers company?
The median Cash Ratio among Utilities - Independent Power Producers companies is 0.46, based on 434 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Citicore Renewable Energy's current Cash Ratio of 3.38 is 634.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Citicore Renewable Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Cash Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Citicore Renewable Energy's current Cash Ratio is 3.38, which is 37% above median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citicore Renewable Energy stock overvalued right now?
Citicore Renewable Energy (PHS:CREC) has a current Cash Ratio of 3.38. The current Cash Ratio is 3.38, which is 37% above median its 10-year median of 2.46 and 634.8% above the Utilities - Independent Power Producers industry median of 0.46. Citicore Renewable Energy's overall GF Score™ is 3/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Citicore Renewable Energy (PHS:CREC), the current Cash Ratio is 3.38 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Citicore Renewable Energy Corp is a company that manages a diversified portfolio of renewable energy generation projects, power project development operations, and retail electricity supply. Its renewable energy portfolio consists entirely of operating solar power plants. It also has over five Gigawatts of project pipelines in varying stages of development. The company also integrates solar power generation with agricultural crop production to provide positive energy, sustainable livelihood to small farmers, and assists with the country's food production needs.
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