New Current Ratio from 2010 to 2026

NCEW Stock   7.40  0.00  0.00%   
New Century Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio is likely to outpace its year average in 2026. 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
1.68
Current Value
1.93
Quarterly Volatility
0.21646614
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check New Century financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Century's main balance sheet or income statement drivers, such as Tax Provision of 148.9 K, Interest Income of 1 K or Depreciation And Amortization of 225.8 K, as well as many indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 0.0 or PTB Ratio of 8.28. New financial statements analysis is a perfect complement when working with New Century Valuation or Volatility modules.
  
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The evolution of Current Ratio for New Century Logistics provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how New Century compares to historical norms and industry peers.

Latest New Century's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of New Century Logistics 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. New Century's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Century's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

New Current Ratio Regression Statistics

Arithmetic Mean1.89
Geometric Mean1.87
Coefficient Of Variation11.47
Mean Deviation0.17
Median2.00
Standard Deviation0.22
Sample Variance0.05
Range0.5838
R-Value(0.62)
Mean Square Error0.03
R-Squared0.38
Significance0.01
Slope(0.03)
Total Sum of Squares0.75

New Current Ratio History

2026 1.93
2025 1.68
2023 1.46
2022 1.48
2021 2.04

About New Century Financial Statements

New Century investors use historical fundamental indicators, such as New Century's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in New Century. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.68  1.93 

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Additional Tools for New Stock Analysis

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