TIRX
Price:
$0.7773
Market Cap:
$20.33M
Tian Ruixiang Holdings Ltd, together its subsidiaries, operates as an insurance broker in China and the United States. The company distributes a range of insurance products, including property and casualty insurance, such as automobile insurance, commercial property insurance, liability insurance, and accidental insurance; and life insurance comprising individual and group life insurances. It serves individual or institutional customers. Tian Ruixiang Holdings Ltd was founded in 2010 and is headquartered in Beijing, China.
Industry
Insurance - Brokers
IPO Date
2021-01-28
Stock Exchange
NASDAQ
Ticker
TIRX
According to Tian Ruixiang Holdings Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 11.50. This represents a change of 42.30% compared to the average of 8.08 of the last 4 quarters.
The mean historical Current Ratio of Tian Ruixiang Holdings Ltd over the last ten years is 11.78. The current 11.50 Current Ratio has changed 9.66% with respect to the historical average. Over the past ten years (40 quarters), TIRX's Current Ratio was at its highest in in the April 2022 quarter at 28.55. The Current Ratio was at its lowest in in the April 2018 quarter at 0.
Average
11.78
Median
8.22
Minimum
2.51
Maximum
28.30
Discovering the peaks and valleys of Tian Ruixiang Holdings Ltd 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 = 281.43%
Maximum Annual Current Ratio = 28.30
Minimum Annual Increase = -61.35%
Minimum Annual Current Ratio = 2.51
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 6.74 | -25.20% |
| 2023 | 9.02 | -61.35% |
| 2022 | 23.33 | -17.55% |
| 2021 | 28.30 | 281.43% |
| 2020 | 7.42 | -27.48% |
| 2019 | 10.23 | 53.46% |
| 2018 | 6.67 | 165.70% |
The current Current Ratio of Tian Ruixiang Holdings Ltd (TIRX) 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
13.03
5-year avg
14.96
10-year avg
11.78
Tian Ruixiang Holdings Ltd’s Current Ratio is greater than Zhibao Technology Inc. Class A Ordinary Shares (1.34), greater than Mawson Infrastructure Group, Inc. (0.35), greater than Equus Total Return, Inc. (0.62), greater than FG Nexus Inc. (3.91), greater than Goldenstone Acquisition Limited (0.07), greater than Bowen Acquisition Corp (0.09), greater than Oaktree Acquisition Corp. III Life Sciences (1.21), greater than Spring Valley Acquisition Corp. II (0.04), less than Aldel Financial II Inc. (69.41), greater than Cohen & Company Inc. (1.08),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.34 | $30.76M | |
| 0.35 | $4.67M | |
| 0.62 | $24.42M | |
| 3.91 | $122.14M | |
| 0.07 | $25.27M | |
| 0.09 | $27.52M | |
| 1.21 | $17.27M | |
| 0.04 | $125.48M | |
| 69.41 | $18.40M | |
| 1.08 | $34.43M |
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