Greencoat UK Wind (LON:UKW) Posts Earnings Results

Greencoat UK Wind (LON:UKW) issued its quarterly earnings results on Thursday. The company reported GBX (871) EPS for the quarter, Digital Look Earnings reports. Greencoat UK Wind had a return on equity of 2.15% and a net margin of 29.24%.

Greencoat UK Wind Price Performance

LON:UKW opened at GBX 95 on Friday. Greencoat UK Wind has a 52 week low of GBX 92.20 and a 52 week high of GBX 128.20. The firm’s 50-day simple moving average is GBX 96.91 and its 200 day simple moving average is GBX 102.50. The firm has a market cap of £2.05 billion, a price-to-earnings ratio of -14.64 and a beta of 0.24. The company has a debt-to-equity ratio of 49.27, a quick ratio of 14.31 and a current ratio of 0.09.

Greencoat UK Wind Company Profile

Greencoat UK Wind PLC specializes in renewables infrastructure investments in energy, wind generation assets and onshore and offshore wind farm projects with a capacity of over 10 megawatt. For offshore wind farms, the fund seeks to invest 40% of the Gross Asset Value at acquisition and where a utility company retains an equity interest for a lock-up period. The fund ensures that the total of short-term acquisition financing and long-term debt is between zero and 40% of Gross Asset Value at any time, with average total debt being between 20% and 30% in the longer term.