Phoenix Current Ratio from 2010 to 2026

FENG Stock  USD 1.76  0.02  1.12%   
Phoenix New's Current Ratio is decreasing over the last several years with slightly volatile swings. Current Ratio is estimated to finish at 3.25 this year. 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
3.16
Current Value
3.25
Quarterly Volatility
1.14680762
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Phoenix New financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phoenix New's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.7 M, Interest Expense of 34.3 M or Selling General Administrative of 151.4 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0097 or PTB Ratio of 0.19. Phoenix financial statements analysis is a perfect complement when working with Phoenix New Valuation or Volatility modules.
  
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Check out the analysis of Phoenix New Correlation against competitors.
The Current Ratio trend for Phoenix New Media offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Phoenix New is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Phoenix New's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Phoenix New Media 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. Phoenix New's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Phoenix New's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.99 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Phoenix Current Ratio Regression Statistics

Arithmetic Mean2.98
Geometric Mean2.81
Coefficient Of Variation38.47
Mean Deviation0.85
Median2.70
Standard Deviation1.15
Sample Variance1.32
Range4.2735
R-Value(0.45)
Mean Square Error1.12
R-Squared0.20
Significance0.07
Slope(0.10)
Total Sum of Squares21.04

Phoenix Current Ratio History

2026 3.25
2025 3.16
2024 2.74
2023 2.81
2022 2.5
2021 2.15
2020 2.28

About Phoenix New Financial Statements

Phoenix New stakeholders use historical fundamental indicators, such as Phoenix New's Current Ratio, to determine how well the company is positioned to perform in the future. Although Phoenix New investors may analyze each financial statement separately, they are all interrelated. For example, changes in Phoenix New's assets and liabilities are reflected in the revenues and expenses on Phoenix New'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 Phoenix New Media. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 3.16  3.25 

Currently Active Assets on Macroaxis

When determining whether Phoenix New Media is a strong investment it is important to analyze Phoenix New's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Phoenix New's future performance. For an informed investment choice regarding Phoenix Stock, refer to the following important reports:
Check out the analysis of Phoenix New Correlation against competitors.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Can Interactive Media & Services industry sustain growth momentum? Does Phoenix have expansion opportunities? Factors like these will boost the valuation of Phoenix New. Market participants price Phoenix higher when confident in its future expansion prospects. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Phoenix New demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
(0.86)
Earnings Share
(0.55)
Revenue Per Share
63.391
Quarterly Revenue Growth
0.223
Return On Assets
(0.02)
Understanding Phoenix New Media requires distinguishing between market price and book value, where the latter reflects Phoenix's accounting equity. The concept of intrinsic value - what Phoenix New's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push Phoenix New's price substantially above or below its fundamental value.
Please note, there is a significant difference between Phoenix New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phoenix New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Phoenix New's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.