GSMG
Price:
$0.405
Market Cap:
$40.65M
Glory Star New Media Group Holdings Limited (GSMG) is a Chinese enterprise primarily engaged in advertising and content creation. Its comprehensive suite of services extends to mobile and online digital advertising solutions, alongside various media and entertainment ventures. A cornerstone of its digital presence is the CHEERS app, a dynamic e-commerce platform that offers users a rich array of functionalities, including an online marketplace, live streaming, a library of series TV shows, online games, short video content, variety programs, and dramas. Furthermore, GSMG is actively developing two new applications: CheerCar, focused on interactive entertainment, and CheerChat, designed as an...[Read more]
Industry
Advertising Agencies
IPO Date
2018-09-12
Stock Exchange
NASDAQ
Ticker
GSMG
According to Glory Star New Media Group Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 5.59. This represents a change of -14.14% compared to the average of 6.51 of the last 4 quarters.
The mean historical Current Ratio of Glory Star New Media Group Holdings Limited over the last ten years is 3.36. The current 5.59 Current Ratio has changed 16.51% with respect to the historical average. Over the past ten years (40 quarters), GSMG's Current Ratio was at its highest in in the September 2018 quarter at 34.29. The Current Ratio was at its lowest in in the March 2018 quarter at 0.
Average
3.36
Median
3.38
Minimum
1.28
Maximum
5.59
Discovering the peaks and valleys of Glory Star New Media Group Holdings 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 = 81.28%
Maximum Annual Current Ratio = 5.59
Minimum Annual Increase = -24.11%
Minimum Annual Current Ratio = 1.28
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 5.59 | 25.76% |
| 2021 | 4.44 | 52.34% |
| 2020 | 2.92 | -24.11% |
| 2019 | 3.84 | 81.28% |
| 2018 | 2.12 | 65.93% |
The current Current Ratio of Glory Star New Media Group Holdings Limited (GSMG) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
4.32
5-year avg
3.78
10-year avg
3.36
Glory Star New Media Group Holdings Limited’s Current Ratio is greater than AdTheorent Holding Company, Inc. (4.20), greater than Abits Group Inc. (0.18), greater than Enthusiast Gaming Holdings Inc. (0.13), greater than A. H. Belo Corporation (2.30), greater than Lendway, Inc. (1.26), less than AirNet Technology Inc. (638.68), greater than Direct Digital Holdings, Inc. (0.16), greater than The Beachbody Company, Inc. (0.75), greater than Digital Media Solutions, Inc. (1.14), greater than Cinedigm Corp. (0.95),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.20 | $294.52M | |
| 0.18 | $2.61M | |
| 0.13 | $38.69M | |
| 2.30 | $40.46M | |
| 1.26 | $7.03M | |
| 638.68 | $27.96M | |
| 0.16 | $410.50K | |
| 0.75 | $63.44M | |
| 1.14 | $7.49M | |
| 0.95 | $55.05M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Glory Star New Media Group Holdings Limited using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Glory Star New Media Group Holdings Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Glory Star New Media Group Holdings Limited's Current Ratio?
How is the Current Ratio calculated for Glory Star New Media Group Holdings Limited (GSMG)?
What is the highest Current Ratio for Glory Star New Media Group Holdings Limited (GSMG)?
What is the 3-year average Current Ratio for Glory Star New Media Group Holdings Limited (GSMG)?
What is the 5-year average Current Ratio for Glory Star New Media Group Holdings Limited (GSMG)?
How does the current Current Ratio for Glory Star New Media Group Holdings Limited (GSMG) compare to its historical average?