Citicore Renewable EnergyPHS:CREC +1.32%3 Current Ratio is 4.03 as of Mar. 2026, which is 12% above its 10-year median of 3.60. GuruFocus rates PHS:CREC with a GF Score™ of 3/100. The stock has 7 warning signs investors should review. Among 445 Utilities - Independent Power Producers companies, Citicore Renewable Energy ranks better than 86.74% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Citicore Renewable Energy's current ratio for the quarter that ended in Mar. 2026 was 4.03.
Citicore Renewable Energy has a current ratio of 4.03. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Citicore Renewable Energy's Current Ratio or its related term are showing as below:
PHS:CREC'
s Current Ratio Range Over the Past 10 Years
Min: 2.37 Med: 3.6 Max: 8.78
Current: 4.03
During the past 4 years, Citicore Renewable Energy's highest Current Ratio was 8.78. The lowest was 2.37. And the median was 3.60.
Citicore Renewable Energy (PHS:CREC) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Citicore Renewable Energy Current Ratio Related Terms
Citicore Renewable Energy Current 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 Current Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Citicore Renewable Energy's Current Ratio, along with its competitors' market caps and Current 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 Current Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Citicore Renewable Energy's Current Ratio distribution charts can be found below:
* The bar in red indicates where Citicore Renewable Energy's Current 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 Current Ratio of 4.03 as of Mar. 2026. This is 12% above median its historical median of 3.60. Over the past decade, Citicore Renewable Energy's Current Ratio has ranged from 2.37 to 8.78. According to the industry distribution chart, Citicore Renewable Energy ranks #59 out of 445 companies in the Utilities - Independent Power Producers industry, placing it in the top 13.3%.
Is Citicore Renewable Energy's Current Ratio too high?
Citicore Renewable Energy's current Current Ratio of 4.03 is 12% above median its 10-year median of 3.60. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 8.78. The Utilities - Independent Power Producers industry median Current Ratio is 1.36. Citicore Renewable Energy's value of 4.03 is 196.3% above this industry median. Based on the distribution chart, Citicore Renewable Energy ranks #59 out of 445 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 Current Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Citicore Renewable Energy ranks #59 out of 445 companies for Current Ratio. This places Citicore Renewable Energy in the top 13% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.36. Citicore Renewable Energy's value of 4.03 is 196.3% above this benchmark. Historically, Citicore Renewable Energy's own Current Ratio has ranged from 2.37 to 8.78 over the past decade. While the company's 10-year median is 3.60 vs. the industry median of 1.36, 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 Current Ratio for an Utilities - Independent Power Producers company?
The median Current Ratio among Utilities - Independent Power Producers companies is 1.36, based on 445 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Citicore Renewable Energy's current Current Ratio of 4.03 is 196.3% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median Current Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Citicore Renewable Energy's current Current Ratio is 4.03, which is 12% above median its own 10-year median of 3.60. 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 Current Ratio of 4.03. The current Current Ratio is 4.03, which is 12% above median its 10-year median of 3.60 and 196.3% above the Utilities - Independent Power Producers industry median of 1.36. 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 Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Citicore Renewable Energy (PHS:CREC), the current Current Ratio is 4.03 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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