NCTY
Price:
$6.92
Market Cap:
$228.78M
The9 Limited, together with its subsidiaries, operates as an Internet company in the People's Republic of China. It engages in the operation of cryptocurrency mining; and NFTSTAR, a NFT trading and community platform that provides users with purchase, trade, and interactive activities. The company was formerly known as GameNow.net Limited and changed its name to The9 Limited in February 2004. The9 Limited was incorporated in 1999 and is headquartered in Shanghai, the People's Republic of China.
Industry
Electronic Gaming & Multimedia
IPO Date
2004-12-15
Stock Exchange
NASDAQ
Ticker
NCTY
According to The9 Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.19. This represents a change of 16.23% compared to the average of 1.02 of the last 4 quarters.
The mean historical Current Ratio of The9 Limited over the last ten years is 0.58. The current 1.19 Current Ratio has changed 20.42% with respect to the historical average. Over the past ten years (40 quarters), NCTY's Current Ratio was at its highest in in the December 2009 quarter at 5.79. The Current Ratio was at its lowest in in the June 2019 quarter at 0.03.
Average
0.58
Median
0.20
Minimum
0.04
Maximum
1.93
Discovering the peaks and valleys of The9 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 = 1.56%
Maximum Annual Current Ratio = 1.93
Minimum Annual Increase = -83.74%
Minimum Annual Current Ratio = 0.04
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.19 | 7.03% |
| 2023 | 1.11 | 58.79% |
| 2022 | 0.70 | -63.87% |
| 2021 | 1.93 | 1.56% |
| 2020 | 0.12 | -20.45% |
| 2019 | 0.15 | 301.71% |
| 2018 | 0.04 | -83.74% |
| 2017 | 0.22 | 45.63% |
| 2016 | 0.15 | -15.00% |
| 2015 | 0.18 | -79.07% |
The current Current Ratio of The9 Limited (NCTY) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.00
5-year avg
1.01
10-year avg
0.58
The9 Limited’s Current Ratio is greater than Snail, Inc. Class A Common Stock (0.53), greater than BeLive Holdings (0.21), less than SaverOne 2014 Ltd (3.48), less than mF International Limited (1.36), less than U-BX Technology Ltd. (8.15), less than Intrusion Inc. (3.11), less than TransAct Technologies Incorporated (3.05), less than Key Tronic Corporation (2.39), greater than LivePerson, Inc. (1.18), greater than Mobix Labs, Inc. (0.14),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.53 | $32.26M | |
| 0.21 | $37.81M | |
| 3.48 | $29.69M | |
| 1.36 | $34.51M | |
| 8.15 | $42.61M | |
| 3.11 | $30.96M | |
| 3.05 | $45.40M | |
| 2.39 | $28.31M | |
| 1.18 | $32.72M | |
| 0.14 | $32.28M |
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 The9 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 The9 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 The9 Limited's Current Ratio?
How is the Current Ratio calculated for The9 Limited (NCTY)?
What is the highest Current Ratio for The9 Limited (NCTY)?
What is the 3-year average Current Ratio for The9 Limited (NCTY)?
What is the 5-year average Current Ratio for The9 Limited (NCTY)?
How does the current Current Ratio for The9 Limited (NCTY) compare to its historical average?