8313.SR
Price:
$118.1
Market Cap:
$9.08B
Rasan Information Technology Company, a FinTech company, provides insurance and financial services to individuals and businesses through digital platforms. It operates Tameeni, which allows customers to compare, buy, or renew insurance from a network of insurance providers; Treza, an insurance solution designed for motor leasing providers and their customers; Awalmazad, an online auto auction platform that handle salvage and repossessed vehicles for insurance companies and leasing providers; and Warshti, a car repair solution. The company was founded in 2016 and is based in Riyadh, Saudi Arabia.
Industry
Software - Application
IPO Date
2024-06-13
Stock Exchange
SAU
Ticker
8313.SR
According to Rasan Information Technology Co.’s latest financial reports and current stock price. The company's current Current Ratio is 1.90. This represents a change of 3.49% compared to the average of 1.84 of the last 4 quarters.
The mean historical Current Ratio of Rasan Information Technology Co. over the last ten years is 1.52. The current 1.90 Current Ratio has changed 12.37% with respect to the historical average. Over the past ten years (40 quarters), 8313.SR's Current Ratio was at its highest in in the June 2024 quarter at 2.41. The Current Ratio was at its lowest in in the September 2022 quarter at 0.
Average
1.52
Median
1.69
Minimum
0.20
Maximum
2.67
Discovering the peaks and valleys of Rasan Information Technology Co. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.26%
Maximum Annual Current Ratio = 2.67
Minimum Annual Increase = -34.66%
Minimum Annual Current Ratio = 0.20
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.69 | 26.37% |
| 2023 | 1.33 | -23.38% |
| 2022 | 1.74 | -34.66% |
| 2021 | 2.67 | 1.26% |
The current Current Ratio of Rasan Information Technology Co. (8313.SR) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.59
5-year avg
1.52
10-year avg
1.52
Rasan Information Technology Co.’s Current Ratio is less than Jahez International Company for Information Systems Technology (2.79), greater than Saudi Azm for Communication and Information Technology Company (1.47), greater than Al Moammar Information Systems Company (0.96), greater than Perfect Presentation for Commercial Services Company (1.51), greater than Knowledge Net Company (1.77), greater than Arab Sea Information Systems Company (0.39), less than Edarat Communication and Information Technology Co. (3.06), greater than Al Hassan Ghazi Ibrahim Shaker Company (1.13), greater than Naseej for Technology Co. (1.77), less than Alqemam for Computer Systems Co. (6.34),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.79 | $3.26B | |
| 1.47 | $1.53B | |
| 0.96 | $4.75B | |
| 1.51 | $2.61B | |
| 1.77 | $76.65M | |
| 0.39 | $445.00M | |
| 3.06 | $1.13B | |
| 1.13 | $1.26B | |
| 1.77 | $250.00M | |
| 6.34 | $231.00M |
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