Scienjoy Current Ratio from 2010 to 2024

SJ Stock  USD 0.97  0.01  1.02%   
Scienjoy Holding Current Ratio yearly trend continues to be relatively stable with very little volatility. The value of Current Ratio is projected to decrease to 1.77. 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
2.46443933
Current Value
1.77
Quarterly Volatility
0.64402412
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Scienjoy Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Scienjoy Holding's main balance sheet or income statement drivers, such as Tax Provision of 9.3 M, Net Interest Income of 2.7 M or Interest Income of 2.7 M, as well as many indicators such as Price To Sales Ratio of 1.12, Dividend Yield of 0.14 or PTB Ratio of 0.83. Scienjoy financial statements analysis is a perfect complement when working with Scienjoy Holding Valuation or Volatility modules.
  
Check out the analysis of Scienjoy Holding Correlation against competitors.

Latest Scienjoy Holding's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Scienjoy Holding Corp 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. Scienjoy Holding's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Scienjoy Holding's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.43 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Scienjoy Current Ratio Regression Statistics

Arithmetic Mean1.63
Geometric Mean1.53
Coefficient Of Variation39.46
Mean Deviation0.54
Median1.18
Standard Deviation0.64
Sample Variance0.41
Range1.7709
R-Value0.73
Mean Square Error0.21
R-Squared0.54
Significance0
Slope0.11
Total Sum of Squares5.81

Scienjoy Current Ratio History

2024 1.77
2023 2.46
2022 2.44
2021 2.95
2020 1.68
2019 2.56

About Scienjoy Holding Financial Statements

Investors use fundamental indicators, such as Scienjoy Holding's Current Ratio, to determine how well the company is positioned to perform in the future. Although Scienjoy Holding's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Ratio 2.46  1.77 

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Check out the analysis of Scienjoy Holding Correlation against competitors.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Scienjoy Holding. If investors know Scienjoy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Scienjoy Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.59)
Earnings Share
(0.24)
Revenue Per Share
36.299
Quarterly Revenue Growth
0.032
Return On Assets
0.0194
The market value of Scienjoy Holding Corp is measured differently than its book value, which is the value of Scienjoy that is recorded on the company's balance sheet. Investors also form their own opinion of Scienjoy Holding's value that differs from its market value or its book value, called intrinsic value, which is Scienjoy Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Scienjoy Holding's market value can be influenced by many factors that don't directly affect Scienjoy Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Scienjoy Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scienjoy Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scienjoy Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.