Zhongsheng Group Holdings Stock Current Ratio

ZSHGY Stock  USD 21.38  0.07  0.33%   
Zhongsheng Group Holdings fundamentals help investors to digest information that contributes to Zhongsheng Group's financial success or failures. It also enables traders to predict the movement of Zhongsheng Pink Sheet. The fundamental analysis module provides a way to measure Zhongsheng Group'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 Zhongsheng Group pink sheet.
  
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Zhongsheng Group Holdings Company Current Ratio Analysis

Zhongsheng Group'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

Current Zhongsheng Group Current Ratio

    
  1.50 X  
Most of Zhongsheng Group's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Zhongsheng Group Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, Zhongsheng Group Holdings has a Current Ratio of 1.5 times. This is 33.92% lower than that of the Consumer Cyclical sector and 35.34% lower than that of the Auto & Truck Dealerships industry. The current ratio for all United States stocks is 30.56% higher than that of the company.

Zhongsheng Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zhongsheng Group's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Zhongsheng Group could also be used in its relative valuation, which is a method of valuing Zhongsheng Group by comparing valuation metrics of similar companies.
Zhongsheng Group is currently under evaluation in current ratio category among its peers.

Zhongsheng Fundamentals

About Zhongsheng Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Zhongsheng Group Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zhongsheng Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zhongsheng Group Holdings 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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Additional Tools for Zhongsheng Pink Sheet Analysis

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