TRSG
Price:
$1.25
Market Cap:
$20.45M
Tungray Technologies Inc., an engineer-to-order company, through its subsidiaries, provides customized industrial manufacturing solutions in China and Singapore. It offers customized industrial test and tooling solutions; welding equipment manufacturing; and direct drive and linear direct current motors. The company also designs, develops, and manufactures non- standard equipment, such as automated assembly equipment, precision testing equipment, tooling fixtures, etc., as well as researches, develops, designs, and manufactures induction brazing and hardening equipment, automatic welding equipment, linear motors, and DD motors; researches, develops, and sells intelligent robots and storage e...[Read more]
Industry
Manufacturing - Metal Fabrication
IPO Date
2007-12-28
Stock Exchange
NASDAQ
Ticker
TRSG
According to Tungray Technologies Inc Class A Ordinary Shares’s latest financial reports and current stock price. The company's current Current Ratio is 1.86. This represents a change of -10.86% compared to the average of 2.09 of the last 4 quarters.
The mean historical Current Ratio of Tungray Technologies Inc Class A Ordinary Shares over the last ten years is 2.03. The current 1.86 Current Ratio has changed 9.07% with respect to the historical average. Over the past ten years (40 quarters), TRSG's Current Ratio was at its highest in in the December 2022 quarter at 2.32. The Current Ratio was at its lowest in in the June 2022 quarter at 0.
Average
2.03
Median
1.97
Minimum
1.79
Maximum
2.32
Discovering the peaks and valleys of Tungray Technologies Inc Class A Ordinary Shares 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 = 18.23%
Maximum Annual Current Ratio = 2.32
Minimum Annual Increase = -16.00%
Minimum Annual Current Ratio = 1.79
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.86 | -16.00% |
| 2023 | 2.22 | -4.50% |
| 2022 | 2.32 | 18.23% |
| 2021 | 1.97 | 9.73% |
The current Current Ratio of Tungray Technologies Inc Class A Ordinary Shares (TRSG) 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
2.14
5-year avg
2.03
10-year avg
2.03
Tungray Technologies Inc Class A Ordinary Shares’s Current Ratio is greater than Mingteng International Corporation Inc. (1.64), less than Megan Holdings Limited Ordinary Shares (2.09), less than Rail Vision Ltd. (9.44), less than LiqTech International, Inc. (3.61), less than Toppoint Holdings Inc. (2.58), greater than Armlogi Holding Corp. common stock (0.73), greater than Globus Maritime Limited (1.72), less than Masonglory Limited Ordinary Shares (2.12), greater than Nuburu, Inc. (0.27), less than Xos, Inc. (2.41),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.64 | $8.00M | |
| 2.09 | $30.75M | |
| 9.44 | $21.09M | |
| 3.61 | $18.39M | |
| 2.58 | $20.30M | |
| 0.73 | $26.38M | |
| 1.72 | $37.87M | |
| 2.12 | $39.97M | |
| 0.27 | $104.38M | |
| 2.41 | $19.87M |
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