Creative Current Ratio from 2010 to 2024

CMCT Stock  USD 0.27  0.02  8.00%   
Creative Media Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 0.92 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
0.9646239
Current Value
0.92
Quarterly Volatility
12.57413206
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Creative Media financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Creative Media's main balance sheet or income statement drivers, such as Interest Expense of 36.9 M, Total Revenue of 74.7 M or EBITDA of 28.9 M, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.48 or PTB Ratio of 0.21. Creative financial statements analysis is a perfect complement when working with Creative Media Valuation or Volatility modules.
  
Check out the analysis of Creative Media Correlation against competitors.

Latest Creative Media's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Creative Media Community 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. Creative Media's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Creative Media's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.57 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Creative Current Ratio Regression Statistics

Arithmetic Mean10.17
Geometric Mean5.58
Coefficient Of Variation123.69
Mean Deviation8.75
Median4.69
Standard Deviation12.57
Sample Variance158.11
Range44.4866
R-Value(0.76)
Mean Square Error72.22
R-Squared0.58
Significance0
Slope(2.13)
Total Sum of Squares2,214

Creative Current Ratio History

2024 0.92
2023 0.96
2022 1.46
2021 4.69
2020 6.08
2019 4.22
2018 3.37

About Creative Media Financial Statements

Creative Media shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Creative Media investors may analyze each financial statement separately, they are all interrelated. The changes in Creative Media's assets and liabilities, for example, are also reflected in the revenues and expenses on on Creative Media'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 0.96  0.92 

Thematic Opportunities

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Additional Tools for Creative Stock Analysis

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