China Current Ratio from 2010 to 2024

SXTC Stock  USD 0.41  0.02  5.13%   
China SXT's Current Ratio is increasing over the years with slightly volatile fluctuation. Current Ratio is expected to dwindle to 1.19. 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
1.59890458
Current Value
1.19
Quarterly Volatility
0.3724341
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check China SXT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among China SXT's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 4.4 K or Interest Expense of 758.9 K, as well as many indicators such as Price To Sales Ratio of 0.71, Dividend Yield of 0.0 or PTB Ratio of 0.0982. China financial statements analysis is a perfect complement when working with China SXT Valuation or Volatility modules.
  
Check out the analysis of China SXT Correlation against competitors.

Latest China SXT's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of China SXT Pharmaceuticals 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 SXT's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in China SXT's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.31 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

China Current Ratio Regression Statistics

Arithmetic Mean1.32
Geometric Mean1.28
Coefficient Of Variation28.18
Mean Deviation0.25
Median1.25
Standard Deviation0.37
Sample Variance0.14
Range1.4171
R-Value0.41
Mean Square Error0.12
R-Squared0.17
Significance0.13
Slope0.03
Total Sum of Squares1.94

China Current Ratio History

2024 1.19
2022 1.35
2021 1.31
2020 1.25
2019 1.6
2018 2.47
2017 1.4

About China SXT Financial Statements

China SXT stakeholders use historical fundamental indicators, such as China SXT's Current Ratio, to determine how well the company is positioned to perform in the future. Although China SXT investors may analyze each financial statement separately, they are all interrelated. For example, changes in China SXT's assets and liabilities are reflected in the revenues and expenses on China SXT's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in China SXT Pharmaceuticals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.60  1.19 

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When determining whether China SXT Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of China SXT'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 Sxt Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on China Sxt Pharmaceuticals Stock:
Check out the analysis of China SXT Correlation against competitors.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Personal Care Products 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 SXT. 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 SXT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.426
Earnings Share
(3.57)
Revenue Per Share
2.223
Quarterly Revenue Growth
0.295
Return On Assets
(0.05)
The market value of China SXT Pharmaceuticals 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 SXT's value that differs from its market value or its book value, called intrinsic value, which is China SXT'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 SXT's market value can be influenced by many factors that don't directly affect China SXT'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 SXT's value and its price as these two are different measures arrived at by different means. Investors typically determine if China SXT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China SXT'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.