China Cyts Tours Stock Current Ratio

600138 Stock   9.69  0.04  0.41%   
China CYTS Tours fundamentals help investors to digest information that contributes to China CYTS's financial success or failures. It also enables traders to predict the movement of China Stock. The fundamental analysis module provides a way to measure China CYTS'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 China CYTS stock.
  
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China CYTS Tours Company Current Ratio Analysis

China CYTS'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, China CYTS Tours has a Current Ratio of 0.0 times. This is 100.0% lower than that of the Hotels, Restaurants & Leisure sector and 100.0% lower than that of the Consumer Discretionary industry. The current ratio for all China stocks is 100.0% higher than that of the company.

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China Fundamentals

About China CYTS Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze China CYTS Tours's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China CYTS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China CYTS Tours 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 China Stock

China CYTS financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China CYTS security.