Shenzhen Genvict Technologies Stock Current Ratio

002869 Stock   29.05  0.51  1.79%   
Shenzhen Genvict Technologies fundamentals help investors to digest information that contributes to Shenzhen Genvict's financial success or failures. It also enables traders to predict the movement of Shenzhen Stock. The fundamental analysis module provides a way to measure Shenzhen Genvict's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shenzhen Genvict stock.
  
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Shenzhen Genvict Technologies Company Current Ratio Analysis

Shenzhen Genvict's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

In accordance with the recently published financial statements, Shenzhen Genvict Technologies has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Electrical Equipment sector and about the same as Industrials (which currently averages 0.0) industry. The current ratio for all China stocks is 100.0% higher than that of the company.

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Shenzhen Fundamentals

About Shenzhen Genvict Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shenzhen Genvict Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shenzhen Genvict using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shenzhen Genvict Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Shenzhen Stock

Shenzhen Genvict financial ratios help investors to determine whether Shenzhen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shenzhen with respect to the benefits of owning Shenzhen Genvict security.