Renova EnergiaBSP:RNEW3 -1.10%51 Quick Ratio is 0.73 as of Mar. 2026, which is 28% above its 10-year median of 0.57. GuruFocus rates BSP:RNEW3 with a GF Score™ of 51/100 and a GF Value™ of R$1.28 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 446 Utilities - Independent Power Producers companies, Renova Energia ranks worse than 73.99% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Renova Energia's quick ratio for the quarter that ended in Mar. 2026 was 0.73.
Renova Energia has a quick ratio of 0.73. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Renova Energia's Quick Ratio or its related term are showing as below:
BSP:RNEW3'
s Quick Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.57 Max: 1.75
Current: 0.73
During the past 13 years, Renova Energia's highest Quick Ratio was 1.75. The lowest was 0.01. And the median was 0.57.
Renova Energia (BSP:RNEW3) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Renova Energia Quick Ratio Related Terms
Renova Energia Quick Ratio Historical Data
* Premium members only.
The historical data trend for Renova Energia's Quick Ratio can be seen below:
* 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.
For the Utilities - Renewable subindustry, Renova Energia's Quick Ratio, along with its competitors' market caps and Quick 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.
Renova Energia Quick Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Renova Energia's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Renova Energia's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Renova Energia's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Renova Energia (BSP:RNEW3) has a Quick Ratio of 0.73 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Renova Energia and its competitors. This is 28% above median its historical median of 0.57. Over the past decade, Renova Energia's Quick Ratio has ranged from 0.01 to 1.75. According to the industry distribution chart, Renova Energia ranks #330 out of 446 companies in the Utilities - Independent Power Producers industry, placing it in the top 74%.
Is Renova Energia's Quick Ratio too high?
Renova Energia's current Quick Ratio of 0.73 is 28% above median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.75. The Utilities - Independent Power Producers industry median Quick Ratio is 1.24. Renova Energia's value of 0.73 is 41.1% below this industry median. Based on the distribution chart, Renova Energia ranks #330 out of 446 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Renova Energia has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Renova Energia's Quick Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Renova Energia ranks #330 out of 446 companies for Quick Ratio. This places Renova Energia in the lower half of its industry. The industry median Quick Ratio is 1.24. Renova Energia's value of 0.73 is 41.1% below this benchmark. Historically, Renova Energia's own Quick Ratio has ranged from 0.01 to 1.75 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.24, Renova Energia has consistently been below 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 Quick Ratio for an Utilities - Independent Power Producers company?
The median Quick Ratio among Utilities - Independent Power Producers companies is 1.24, based on 446 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Renova Energia's current Quick Ratio of 0.73 is 41.1% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Renova Energia and its competitors. For the Utilities - Independent Power Producers industry, the median Quick Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renova Energia's current Quick Ratio is 0.73, which is 28% above median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renova Energia stock overvalued right now?
Based on GuruFocus' analysis, Renova Energia (BSP:RNEW3) is currently considered Possible Value Trap. The stock's GF Value™ is R$1.28, compared to a current price of R$0.90 — trading 29.7% below its estimated fair value. The current Quick Ratio is 0.73, which is 28% above median its 10-year median of 0.57 and 41.1% below the Utilities - Independent Power Producers industry median of 1.24. Renova Energia's overall GF Score™ is 51/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Renova Energia (BSP:RNEW3), the current Quick Ratio is 0.73 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.
Is Renova Energia (BSP:RNEW3) Overvalued in 2026?
Based on GuruFocus' analysis, Renova Energia stock appears to be undervalued.
The current stock price of R$0.90 is trading 29.7% below its estimated GF Value™ of R$1.28.
GuruFocus considers Renova Energia to be Possible Value Trap.
Key valuation signals for BSP:RNEW3:
Quick Ratio: 0.73 (28% above median its 10-year median of 0.57)
GF Value™: R$1.28 vs. price of R$0.90 (29.7% below fair value)
Industry Position: 41.1% below the Utilities - Independent Power Producers median (#330 of 446)
No single metric tells the full story. See the BSP:RNEW3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Renova Energia SA is a Brazilian energy company engaged in the development, implementation, and operation of power generation projects from renewable sources - wind and solar, and trading of energy and related activities. The company is generating and trading electric power in all its forms, producing fuel from natural and renewable sources, providing logistics services to environmental advisory firms, and providing advisory services for energy solutions related to the generation, trading, transmission, and other businesses. The company has operating segments, namely: Wind, Solar, Trading, and Administrative. It derives maximum revenue from the Trading segment, which is engaged in energy trading in all its forms and management of the Company's energy purchase and sale contracts.
51GF Score
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