Oneconnect Current Ratio from 2010 to 2024

OCFT Stock  USD 2.56  0.05  1.92%   
Oneconnect Financial Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 1.04 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
1.05635435
Current Value
1.04
Quarterly Volatility
0.36702322
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Oneconnect Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oneconnect Financial's main balance sheet or income statement drivers, such as Net Interest Income of 1.5 M, Interest Income of 23.6 M or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 6.47, Dividend Yield of 0.0 or PTB Ratio of 8.84. Oneconnect financial statements analysis is a perfect complement when working with Oneconnect Financial Valuation or Volatility modules.
  
Check out the analysis of Oneconnect Financial Correlation against competitors.

Latest Oneconnect Financial's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Oneconnect Financial Technology 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. Oneconnect Financial's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Oneconnect Financial's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.22 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Oneconnect Current Ratio Regression Statistics

Arithmetic Mean1.01
Geometric Mean0.96
Coefficient Of Variation36.24
Mean Deviation0.31
Median0.72
Standard Deviation0.37
Sample Variance0.13
Range1.0086
R-Value0.63
Mean Square Error0.09
R-Squared0.39
Significance0.01
Slope0.05
Total Sum of Squares1.89

Oneconnect Current Ratio History

2024 1.04
2023 1.06
2022 1.17
2021 1.34
2020 1.73
2019 1.55
2018 1.53

About Oneconnect Financial Financial Statements

Oneconnect Financial shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Oneconnect Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Oneconnect Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Oneconnect Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 1.06  1.04 

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Additional Tools for Oneconnect Stock Analysis

When running Oneconnect Financial's price analysis, check to measure Oneconnect Financial'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 Oneconnect Financial is operating at the current time. Most of Oneconnect Financial's value examination focuses on studying past and present price action to predict the probability of Oneconnect Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oneconnect Financial's price. Additionally, you may evaluate how the addition of Oneconnect Financial to your portfolios can decrease your overall portfolio volatility.