China Current Ratio from 2010 to 2026

China Cable's Current Ratio is decreasing with stable movements from year to year. Current Ratio is predicted to flatten to 0.1. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.1
Current Value
0.0969
Quarterly Volatility
0.00563208
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check China Cable financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among China Cable's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 4.8 M or Total Revenue of 5.6 M, as well as many indicators such as Price To Sales Ratio of 0.35, Dividend Yield of 0.0 or PTB Ratio of 0.47. China financial statements analysis is a perfect complement when working with China Cable Valuation or Volatility modules.
  
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Check out the analysis of China Cable Correlation against competitors.

Latest China Cable's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of China Cable and over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. China Cable's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in China Cable's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.12 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

China Current Ratio Regression Statistics

Arithmetic Mean0.11
Geometric Mean0.11
Coefficient Of Variation5.08
Mean Deviation0
Median0.11
Standard Deviation0.01
Sample Variance0.000032
Range0.0164
R-Value(0.27)
Mean Square Error0.000031
R-Squared0.07
Significance0.30
Slope(0.0003)
Total Sum of Squares0.0005

China Current Ratio History

2026 0.0969
2011 0.11
2010 0.1

About China Cable Financial Statements

Investors use fundamental indicators, such as China Cable's Current Ratio, to determine how well the company is positioned to perform in the future. Although China Cable's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Ratio 0.10  0.10 

Currently Active Assets on Macroaxis

When determining whether China Cable offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of China Cable's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of China Cable And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on China Cable And Stock:
Check out the analysis of China Cable Correlation against competitors.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Cable. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Cable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.071
Quarterly Revenue Growth
0.133
Return On Assets
(0.11)
Return On Equity
(0.30)
The market value of China Cable is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Cable's value that differs from its market value or its book value, called intrinsic value, which is China Cable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Cable's market value can be influenced by many factors that don't directly affect China Cable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Cable's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Cable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Cable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.