Tian Current Ratio from 2010 to 2024

TIRX Stock  USD 0.56  0.06  12.00%   
Tian Ruixiang Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. 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
21
Current Value
22.05
Quarterly Volatility
9.85827253
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tian Ruixiang financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tian main balance sheet or income statement drivers, such as Tax Provision of 20.2 K, Net Interest Income of 524.5 K or Interest Income of 524.5 K, as well as many exotic indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.0 or PTB Ratio of 0.0245. Tian financial statements analysis is a perfect complement when working with Tian Ruixiang Valuation or Volatility modules.
  
This module can also supplement various Tian Ruixiang Technical models . Check out the analysis of Tian Ruixiang Correlation against competitors.

Latest Tian Ruixiang's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Tian Ruixiang Holdings 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. Tian Ruixiang's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tian Ruixiang's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 28.30 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Tian Current Ratio Regression Statistics

Arithmetic Mean10.66
Geometric Mean6.66
Coefficient Of Variation92.49
Mean Deviation8.63
Median6.67
Standard Deviation9.86
Sample Variance97.19
Range25.7899
R-Value0.86
Mean Square Error27.48
R-Squared0.74
Significance0.000041
Slope1.89
Total Sum of Squares1,361

Tian Current Ratio History

2024 22.05
2023 21.0
2021 23.33
2020 28.3
2019 7.42
2018 10.23
2017 6.67

About Tian Ruixiang Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Tian Ruixiang income statement, its balance sheet, and the statement of cash flows. Tian Ruixiang investors use historical funamental indicators, such as Tian Ruixiang's Current Ratio, to determine how well the company is positioned to perform in the future. Although Tian Ruixiang investors may use each financial statement separately, they are all related. The changes in Tian Ruixiang's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tian Ruixiang's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Tian Ruixiang Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Tian Ruixiang. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 21.00  22.05 

Currently Active Assets on Macroaxis

When determining whether Tian Ruixiang Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tian Ruixiang'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 Tian Ruixiang Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tian Ruixiang Holdings Stock:
Check out the analysis of Tian Ruixiang Correlation against competitors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Tian Stock analysis

When running Tian Ruixiang's price analysis, check to measure Tian Ruixiang's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tian Ruixiang is operating at the current time. Most of Tian Ruixiang's value examination focuses on studying past and present price action to predict the probability of Tian Ruixiang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tian Ruixiang's price. Additionally, you may evaluate how the addition of Tian Ruixiang to your portfolios can decrease your overall portfolio volatility.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Money Managers
Screen money managers from public funds and ETFs managed around the world
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Is Tian Ruixiang's industry 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 Tian Ruixiang. If investors know Tian 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 Tian Ruixiang listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.89)
Revenue Per Share
0.397
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.05)
Return On Equity
(0.07)
The market value of Tian Ruixiang Holdings is measured differently than its book value, which is the value of Tian that is recorded on the company's balance sheet. Investors also form their own opinion of Tian Ruixiang's value that differs from its market value or its book value, called intrinsic value, which is Tian Ruixiang'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 Tian Ruixiang's market value can be influenced by many factors that don't directly affect Tian Ruixiang'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 Tian Ruixiang's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tian Ruixiang is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tian Ruixiang'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.