QING
Price:
$0.0001
Market Cap:
$1.21K
Qingdao Footwear, Inc. designs and retails branded footwear in Northern China. The company designs and sells men's and women's leather shoe lines under the Hongguan brand name. It operates stores in greater Qingdao. The company also markets its products through a distribution network of authorized independent distributors, as well as through third party retailers. Qingdao Footwear, Inc. was founded in 2003 and is headquartered in Qingdao, the People's Republic of China.
Industry
Apparel - Footwear & Accessories
IPO Date
2009-06-16
Stock Exchange
OTC
Ticker
QING
According to Qingdao Footwear, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.29. This represents a change of 8.70% compared to the average of 0.27 of the last 4 quarters.
The mean historical Current Ratio of Qingdao Footwear, Inc. over the last ten years is 0.13. The current 0.29 Current Ratio has changed 23.07% with respect to the historical average. Over the past ten years (40 quarters), QING's Current Ratio was at its highest in in the March 2010 quarter at 1.23. The Current Ratio was at its lowest in in the June 2007 quarter at 0.
Average
0.13
Median
0.09
Minimum
0.04
Maximum
0.29
Discovering the peaks and valleys of Qingdao Footwear, 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 = 651.87%
Maximum Annual Current Ratio = 0.29
Minimum Annual Increase = -66.32%
Minimum Annual Current Ratio = 0.04
| Year | Current Ratio | Change |
|---|---|---|
| 2010 | 0.29 | 651.87% |
| 2009 | 0.04 | -66.32% |
| 2008 | 0.12 | 99.07% |
The current Current Ratio of Qingdao Footwear, Inc. (QING) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.15
5-year avg
0.13
10-year avg
0.13
Qingdao Footwear, Inc.’s Current Ratio is greater than Winners, Inc. (0.00), greater than AVEW Holdings Inc. (0), less than Bergio International, Inc. (0.37), greater than SportsQuest, Inc. (0.01), less than Burned Media, Ltd. (0), greater than The Keller Manufacturing Company, Inc. (0.05), less than Prestige Cars International, Inc. (1.35), less than Lyric Jeans, Inc. (0), less than Phoenix Footwear Group, Inc. (0.92), less than Samsara Luggage, Inc. (0.71),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.00 | $281.28K | |
| 0 | $50.00K | |
| 0.37 | $289.83K | |
| 0.01 | $488.87K | |
| 0 | $275.80K | |
| 0.05 | $131.51K | |
| 1.35 | $415.04K | |
| 0 | $9.90K | |
| 0.92 | $81.78K | |
| 0.71 | $85.49K |
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What is the 5-year average Current Ratio for Qingdao Footwear, Inc. (QING)?
How does the current Current Ratio for Qingdao Footwear, Inc. (QING) compare to its historical average?