Exro Technologies

Exro Technologies Current Ratio

Delisted

The Current Ratio of Exro Technologies (EXRO.TO) as of Nov 4, 2026 is 0.91. In the previous year, Current Ratio was 9.14 — a change of -90.04% (lower).

Current Ratio

0.91

YoY

-90.04%

Last updated:

Current Ratio of Exro Technologies is 2024 0.91 . Current Ratio of Exro Technologies was 2023 9.14 . It decreases by -90.04% lower compared to the previous year.

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Exro Technologies Stock analysis

What does Exro Technologies do? Exro Technologies, Inc. generates revenue through its power control electronics, specifically the Coil Driver and Cell Driver products. The Coil Driver, an adaptive traction inverter for electric vehicles, replaces standard 3-phase inverters by enabling motors to switch between series mode for high torque at low speeds and parallel mode for high power and efficiency at high speeds. The Cell Driver, a fully integrated energy storage system for commercial and industrial applications, utilizes a proprietary Battery Control System to manage battery cells based on their state-of-health and state-of-charge, optimizing operation, safety, and extending battery lifetime. The company also provides end-to-end electric vehicle consulting services to its clients. The primary buyers of Coil Driver are electric vehicle manufacturers seeking to enhance motor performance and efficiency. Commercial and industrial entities purchase Cell Driver systems for energy storage solutions that maximize battery longevity and operational safety. Electric vehicle consulting services are sold to companies requiring expert guidance in EV development and integration. These segments represent the core markets for Exro's technology-driven products and services. Exro's business model centers on selling its patented electronics and consulting services directly to industry players in the electric vehicle and energy storage sectors. The company's focus on innovative power control solutions allows it to target manufacturers and commercial operators looking to improve the performance and sustainability of their electric systems. Through its unique coil switching technology and battery management systems, Exro addresses specific pain points in motor efficiency and battery longevity, creating value for its customers. Exro Technologies is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Exro Technologies stock

Current Ratio of Exro Technologies is 0.91 in 2024.

Current Ratio of Exro Technologies changed from 9.14 to 0.91, representing a -90.04% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Current Ratio Exro Technologies since 2006 – with annual values, charts, and detailed analysis.

The Current Ratio measures a company's ability to pay short-term obligations. A ratio above 1 indicates that current assets exceed current liabilities.

Current Ratio = Current Assets / Current Liabilities

A 'good' varies by industry and company stage. On Eulerpool, you can compare Current Ratio's Exro Technologies with sector peers and the industry average to assess whether it is attractive.

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