QD
Price:
$4.87
Market Cap:
$5.68B
Qudian Inc. operates as a consumer-oriented technology company in the People's Republic of China. The company provides small cash credit products to consumers; and financial leasing and financing guarantee services, as well as technology development and services. It also offers ready-to-cook meal products for working-class consumers. The company was founded in 2014 and is headquartered in Xiamen, the People's Republic of China.
Industry
Financial - Credit Services
IPO Date
2017-10-18
Stock Exchange
NYSE
Ticker
QD
According to Qudian Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 9.13. This represents a change of 1.25% compared to the average of 9.02 of the last 4 quarters.
The mean historical Current Ratio of Qudian Inc. over the last ten years is 10.25. The current 9.13 Current Ratio has changed 8.81% with respect to the historical average. Over the past ten years (40 quarters), QD's Current Ratio was at its highest in in the June 2023 quarter at 60.92. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
10.25
Median
6.69
Minimum
0.76
Maximum
24.76
Discovering the peaks and valleys of Qudian Inc. 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 = 466.30%
Maximum Annual Current Ratio = 24.76
Minimum Annual Increase = -33.02%
Minimum Annual Current Ratio = 0.76
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 9.02 | -33.02% |
| 2023 | 13.47 | -28.77% |
| 2022 | 18.91 | -23.64% |
| 2021 | 24.76 | 0.09% |
| 2020 | 24.74 | 466.30% |
| 2019 | 4.37 | 51.32% |
| 2018 | 2.89 | 40.38% |
| 2017 | 2.06 | 34.38% |
| 2016 | 1.53 | 101.42% |
| 2015 | 0.76 | -13.56% |
The current Current Ratio of Qudian Inc. (QD) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
13.80
5-year avg
18.18
10-year avg
10.25
Qudian Inc.’s Current Ratio is greater than LexinFintech Holdings Ltd. (1.89), greater than Atlanticus Holdings Corporation (0.10), greater than NerdWallet, Inc. (3.70), less than World Acceptance Corporation (23.84), less than Bowhead Specialty Holdings Inc. (10.30K), greater than Esquire Financial Holdings, Inc. (0), greater than UP Fintech Holding Limited (1.09), greater than Barings BDC, Inc. (0), greater than Capitol Federal Financial, Inc. (1.27), greater than Hanmi Financial Corporation (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.89 | $552.34M | |
| 0.10 | $902.13M | |
| 3.70 | $1.16B | |
| 23.84 | $814.83M | |
| 10.30K | $851.74M | |
| 0 | $891.41M | |
| 1.09 | $1.60B | |
| 0 | $923.30M | |
| 1.27 | $871.72M | |
| 0 | $844.74M |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for Qudian Inc. (QD)?
How does the current Current Ratio for Qudian Inc. (QD) compare to its historical average?