As of June 19, 2025, Glory Star New Media Group Holdings Ltd (GSMG) reports a Current Ratio of 5.59.
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 Glory Star New Media Group Holdings Ltd's Current Ratio
Over recent years, Glory Star New Media Group Holdings Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2022-12-31 | 5.59 |
| 2021-12-31 | 4.44 |
| 2020-12-31 | 2.91 |
| 2019-12-31 | 0.12 |
This steady improvement highlights how Glory Star New Media Group Holdings Ltd manages its short-term assets and liabilities over time.
Comparing Glory Star New Media Group Holdings Ltd's Current Ratio to Peers
To better understand Glory Star New Media Group Holdings Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Glory Star New Media Group Holdings Ltd (GSMG) | 5.59 |
| Kubient Inc (KBNT) | 6.48 |
| Autohome Inc (ATHM) | 5.56 |
| Weibo Corp (WB) | 5.04 |
| IZEA Worldwide Inc (IZEA) | 4.47 |
| Takung Art Co Ltd (TKAT) | 4.41 |
Compared to its competitors, Glory Star New Media Group Holdings 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.