Companhia Paranaense de Energia - COPEL (ELP) Current Ratio
Market Cap: $1.32B
Avg Volume: 248.81K
Industry: Diversified Utilities
Sector: Utilities
Companhia Paranaense de Energia - COPEL Current Ratio
- Annual: 1.47
- Quarterly: 0.00
- TTM: 1.45
What is the Current Ratio?
The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.
Related Metrics
Other important metrics to assess Companhia Paranaense de Energia - COPEL's financial health include:
- Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
- Annual: 1.45
- Quarterly: 0.00
- TTM: 1.43
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 0.61
- Quarterly: 0.00
- TTM: 0.73
These metrics provide insights into Companhia Paranaense de Energia - COPEL's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Current Ratio
1.47
Quarterly Current Ratio
0.00
TTM Current Ratio
1.45
Companhia Paranaense de Energia - COPEL Historical Current Ratio
Historical Quick Ratio
Historical Cash Ratio
Companhia Paranaense de Energia - COPEL Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Current Ratio | Quick Ratio | Cash Ratio |
|---|---|---|---|
| 2023 | 1.47 | 1.45 | 0.61 |
| 2022 | 1.30 | 1.28 | 0.37 |
| 2021 | 1.40 | 1.38 | 0.44 |
| 2020 | 1.18 | 1.16 | 0.33 |
| 2019 | 1.48 | 1.46 | 0.55 |
| 2018 | 1.00 | 0.98 | 0.29 |
| 2017 | 0.93 | 0.92 | 0.17 |
| 2016 | 0.75 | 0.73 | 0.17 |
| 2015 | 1.42 | 1.40 | 0.31 |
| 2014 | 1.29 | 1.25 | 0.18 |
Related Metrics
Explore detailed financial metrics and analysis for ELP.