XIAO Current Ratio from 2010 to 2024

AIXI Stock   4.94  0.05  1.02%   
XIAO I's Current Ratio is increasing with slightly volatile movements from year to year. Current Ratio is predicted to flatten to 0.61. 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
0.65995399
Current Value
0.61
Quarterly Volatility
0.17318195
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check XIAO I financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among XIAO I's main balance sheet or income statement drivers, such as Tax Provision of 4 M, Depreciation And Amortization of 1 M or Interest Expense of 2.1 M, as well as many indicators such as Price To Sales Ratio of 2.41, Dividend Yield of 0.0 or Days Sales Outstanding of 290. XIAO financial statements analysis is a perfect complement when working with XIAO I Valuation or Volatility modules.
  
Check out the analysis of XIAO I Correlation against competitors.

Latest XIAO I's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of XIAO I American 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. XIAO I's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in XIAO I's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

XIAO Current Ratio Regression Statistics

Arithmetic Mean0.56
Geometric Mean0.54
Coefficient Of Variation31.12
Mean Deviation0.13
Median0.47
Standard Deviation0.17
Sample Variance0.03
Range0.5235
R-Value0.60
Mean Square Error0.02
R-Squared0.36
Significance0.02
Slope0.02
Total Sum of Squares0.42

XIAO Current Ratio History

2024 0.61
2023 0.66
2022 0.92
2021 0.99

About XIAO I Financial Statements

Investors use fundamental indicators, such as XIAO I's Current Ratio, to determine how well the company is positioned to perform in the future. Although XIAO I'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 0.66  0.61 

Currently Active Assets on Macroaxis

When determining whether XIAO I American offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of XIAO I'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 Xiao I American Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Xiao I American Stock:
Check out the analysis of XIAO I Correlation against competitors.
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Is Application Software 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 XIAO I. If investors know XIAO 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 XIAO I listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.88)
Revenue Per Share
8.2
Quarterly Revenue Growth
0.245
Return On Assets
(0.21)
The market value of XIAO I American is measured differently than its book value, which is the value of XIAO that is recorded on the company's balance sheet. Investors also form their own opinion of XIAO I's value that differs from its market value or its book value, called intrinsic value, which is XIAO I'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 XIAO I's market value can be influenced by many factors that don't directly affect XIAO I'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 XIAO I's value and its price as these two are different measures arrived at by different means. Investors typically determine if XIAO I is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, XIAO I'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.