GLXG
Price:
$2.93
Market Cap:
$5.28M
Galaxy Payroll Group Limited, through its subsidiaries, provides payroll outsourcing, employment, and consultancy and market research services. It has operations in Hong Kong, Macau, the People's Republic of China, Taiwan, Japan, Australia, Thailand, Malaysia, Vietnam, India, Indonesia, and the Philippines. The company was founded in 2013 and is based in Sheung Wan, Hong Kong.
Industry
Staffing & Employment Services
IPO Date
2024-09-12
Stock Exchange
NASDAQ
Ticker
GLXG
According to Galaxy Payroll Group Limited’s latest financial reports and current stock price. The company's current Current Ratio is 5.20. This represents a change of 71.66% compared to the average of 3.03 of the last 4 quarters.
The mean historical Current Ratio of Galaxy Payroll Group Limited over the last ten years is 1.25. The current 5.20 Current Ratio has changed 41.54% with respect to the historical average. Over the past ten years (40 quarters), GLXG's Current Ratio was at its highest in in the December 2024 quarter at 5.20. The Current Ratio was at its lowest in in the December 2023 quarter at 0.82.
Average
1.25
Median
1.27
Minimum
0.86
Maximum
1.61
Discovering the peaks and valleys of Galaxy Payroll Group Limited 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 = 21.91%
Maximum Annual Current Ratio = 1.61
Minimum Annual Increase = -29.12%
Minimum Annual Current Ratio = 0.86
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.86 | -29.12% |
| 2023 | 1.21 | -24.64% |
| 2022 | 1.61 | 21.91% |
The current Current Ratio of Galaxy Payroll Group Limited (GLXG) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.23
5-year avg
1.25
10-year avg
1.25
Galaxy Payroll Group Limited’s Current Ratio is greater than Iveda Solutions, Inc. (3.48), less than OceanPal Inc. (7.05), greater than Professional Diversity Network, Inc. (0.43), greater than Antelope Enterprise Holdings Limited (2.52), greater than Founder Group Limited Ordinary Shares (0.89), less than Intelligent Group Limited (11.19), greater than Highway Holdings Limited (3.24), greater than SKK Holdings Limited (0.79), greater than FBS Global Limited Ordinary Shares (0.87), greater than CDT Environmental Technology Investment Holdings Limited ordinary shares (1.50),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.48 | $3.60M | |
| 7.05 | $7.58M | |
| 0.43 | $3.82M | |
| 2.52 | $12.36M | |
| 0.89 | $6.40M | |
| 11.19 | $7.77M | |
| 3.24 | $5.62M | |
| 0.79 | $5.99M | |
| 0.87 | $10.33M | |
| 1.50 | $5.18M |
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