ReneSola Ltd

F:VQKB Germany
Market Cap
$85.87 Million
€83.65 Million EUR
Market Cap Rank
#18743 Global
#1989 in Germany
Share Price
€1.63
Change (1 day)
+1.87%
52-Week Range
€1.04 - €1.67
All Time High
€26.40
Categories
Companies in Germany
About

Emeren Group Ltd, together with its subsidiaries, develops, builds, and sells solar power projects. It owns and operates 3 GW pipeline of projects and independent power producer assets, as well as a 10 GWh pipeline of storage pipeline. The company develops community solar gardens; and sells project rights. In addition, it engages in engineering design; procurement of solar modules; balance-of-sys… Read more

ReneSola Ltd - Asset Resilience Ratio

Latest as of September 2023: 2.23%

ReneSola Ltd (VQKB) has an Asset Resilience Ratio of 2.23% as of September 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
€10.12 Million
Cash + Short-term Investments
Total Assets
€454.43 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (None–None)

This chart shows how ReneSola Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down ReneSola Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents €0.00 0%
Short-term Investments €10.12 Million 2.23%
Total Liquid Assets €10.12 Million 2.23%

Asset Resilience Insights

  • Limited Liquidity: ReneSola Ltd maintains only 2.23% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

ReneSola Ltd Industry Peers by Asset Resilience Ratio

Compare ReneSola Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
No industry peers found with asset resilience data.

Annual Asset Resilience Ratio for ReneSola Ltd (None–None)

The table below shows the annual Asset Resilience Ratio data for ReneSola Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
No yearly data available.
pp = percentage points