As of June 16, 2025, Qtone Education Group Guangdong Co Ltd (300359.SZ) reports a Current Ratio of 4.19.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Qtone Education Group Guangdong Co Ltd's Current Ratio
Over recent years, Qtone Education Group Guangdong Co Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 4.19 |
| 2023-12-31 | 3.84 |
| 2022-12-31 | 2.84 |
| 2021-12-31 | 1.89 |
| 2020-12-31 | 1.71 |
This slight upward trend highlights how Qtone Education Group Guangdong Co Ltd manages its short-term assets and liabilities over time.
Comparing Qtone Education Group Guangdong Co Ltd's Current Ratio to Peers
To better understand Qtone Education Group Guangdong Co Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Qtone Education Group Guangdong Co Ltd (300359.SZ) | 4.19 |
| Shanghai Stonehill Technology Co Ltd (002195.SZ) | 34.98 |
| Shanghai Wondertek Software Co Ltd (603189.SS) | 8.82 |
| Primeton Information Technologies Inc (688118.SS) | 6.78 |
| YGSOFT Inc (002063.SZ) | 6.35 |
| Shenzhen Ysstech Info-Tech Co Ltd (300377.SZ) | 6.09 |
Compared to its competitors, Qtone Education Group Guangdong Co Ltd's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.