Tianjin Capital Environmental Protection Group Company Limited - 1065.HK

1065.HK Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
1065.HK	0	0.6	-0.3	0.9	3.9	25.5	-16.7	9.6	-37.4	461.4
S&P 500	1.0	1.5	1.1	2.3	8.9	23.6	33.8	80.6	196.5	33856.2

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	1065.HK
name	Tianjin Capital Environmental Protection Group Company Limited
price	3.2
changes percentage	0
change	0
day low	3.2
day high	3.25
year high	3.79
year low	2.52
market cap	8445968125
price avg 50	3.2026
price avg 200	3.14985
exchange	HKSE
volume	98000
avg volume	245483
open	3.21
previous close	3.2
eps	0.59
pe	5.42
earnings announcement	2025-03-20T10:59:00.000+0000
shares outstanding	2639365039
timestamp	2025-01-20 07:51:43

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 56.3%

Overall Quarterly Financial Health: 70.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	4665083000	4522167000	3.16
gross profit	1820566000	1536129000	18.52
gross profit ratio	0.39	0.34	14.89
research and development expenses	53062000	43539000	21.87
operating expenses	717906000	219095000	227.67
interest income	168984000	211941000	-20.27
interest expense	-3261000	403067000	-100.81
ebitda	1761903000	1564159000	12.64
ebitdaratio	0.38	0.47	-19.95
operating income	1102660000	1535387000	-28.18
operating income ratio	0.24	0.34	-30.38
net income	865207000	751254000	15.17
net income ratio	0.19	0.17	11.64
eps	0.55	0.51	7.84

Overall Score of Annual Income Statement

0.75 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 4,665 million in 2023 from 4,522 million in 2022 representing a change of 3.16%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 1,821 million in 2023 from 1,536 million in 2022 representing a change of 18.52%. This indicates a sales profitability growth, which is a positive sign for the company.

  Research and Development (R&D) Expenses: R&D Expenses increased to 53 million in 2023 from 44 million in 2022 representing a change of 21.87%. This shows that the company continues to invest in innovation and product development, which is crucial for long-term growth.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 1,762 million in 2023 from 1,564 million in 2022 representing a change of 12.64%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Net Income: Net income increased to 865 million in 2023 from 751 million in 2022 representing a change of 15.17%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.55 in 2023 from 0.55 in 2022 representing a change of 7.84%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 718 million in 2023 from 219 million in 2022 representing a change of 227.67%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  Operating Income: Operating income decreased to 1,103 million in 2023 from 1,535 million in 2022 representing a change of -28.18%. The decrease in operating income indicates worse operational performance and decreased profitability.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
revenue	1171259000	1137888000	2.93
gross profit	419844000	408999000	2.65
gross profit ratio	0.36	0.36	-0.27
research and development expenses	10033000	12484000	-19.63
operating expenses	130947000	57622000	127.25
interest income	9194000	0	NaN
interest expense	292420000	84282000	246.95
ebitda	581107000	161356000	260.14
ebitdaratio	0.5	0.14	249.88
operating income	288897000	263711000	9.55
operating income ratio	0.25	0.23	6.43
net income	255632000	170332000	50.08
net income ratio	0.22	0.15	45.80
eps	0.16	0.12	33.33

Overall Score of Quarterly Income Statement

0.88 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 1,171 million in 2024Q3 from 1,138 million in 2024Q2 representing a change of 2.93%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 420 million in 2024Q3 from 409 million in 2024Q2 representing a change of 2.65%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 131 million in 2024Q3 from 58 million in 2024Q2 representing a change of 127.25%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 581 million in 2024Q3 from 161 million in 2024Q2 representing a change of 260.14%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 289 million in 2024Q3 from 264 million in 2024Q2 representing a change of 9.55%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 256 million in 2024Q3 from 170 million in 2024Q2 representing a change of 50.08%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.16 in 2024Q3 from 0.16 in 2024Q2 representing a change of 33.33%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Research and Development (R&D) Expenses: R&D Expenses decreased to 10 million in 2024Q3 from 12 million in 2024Q2 representing a change of -19.63%. This shows that the company decreased investment in innovation and product development, which is not a good sign for long-term growth.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	24460654000	22969674000	6.49
total liabilities	14244893000	13467381000	5.77
total equity	10215761000	9502293000	7.51
cash and cash equivalents	2612622000	3252060000	-19.66
short term investments	0	0	NaN
long term investments	190650000	195108000	-2.28
total current assets	6235654000	6348884000	-1.78
total non current assets	18225000000	16620790000	9.65
total current liabilities	4306931000	3346823000	28.69
total non current liabilities	9937962000	10120558000	-1.80
common stock	1570418000	1570418000	0.00
retained earnings	6436966000	5075510000	26.82
total debt	7892426000	9257593000	-14.75

Overall Score of Annual Balance Sheet

0.5 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 24,461 million in 2023 from 22,970 million in 2022 representing a change of 6.49%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 10,216 million in 2023 from 9,502 million in 2022 representing a change of 7.51%. This indicates an increase in shareholders' equity.

  Retained Earnings: Retained Earnings increased to 6,437 million in 2023 from 5,076 million in 2022 representing a change of 26.82%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 7,892 million in 2023 from 9,258 million in 2022 representing a change of -14.75%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 14,245 million in 2023 from 13,467 million in 2022 representing a change of 5.77%. This indicates an increase in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 2,613 million in 2023 from 3,252 million in 2022 representing a change of -19.66%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 6,236 million in 2023 from 6,349 million in 2022 representing a change of -1.78%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 4,307 million in 2023 from 3,347 million in 2022 representing a change of 28.69%. This indicates a higher short-term debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
total assets	25534140000	25047157000	1.94
total liabilities	14837489000	14638056000	1.36
total equity	10696651000	10409101000	2.76
cash and cash equivalents	2767993000	2621761000	5.58
short term investments	0	-4845995000	100.00
long term investments	0	5036645000	-100.00
total current assets	7449753000	6888013000	8.16
total non current assets	18084387000	18159144000	-0.41
total current liabilities	4232868000	4412275000	-4.07
total non current liabilities	10604621000	10225781000	3.70
common stock	1570418000	1570418000	0.00
retained earnings	6067252000	5811620000	4.40
total debt	8650614000	10245650000	-15.57

Overall Score of Quarterly Balance Sheet

0.89 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 25,534 million in 2024Q3 from 25,047 million in 2024Q2 representing a change of 1.94%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 10,697 million in 2024Q3 from 10,409 million in 2024Q2 representing a change of 2.76%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 2,768 million in 2024Q3 from 2,622 million in 2024Q2 representing a change of 5.58%. This indicates an increase in available liquid assets.

  Short Term Investments: Short Term Investments increased to 0 million in 2024Q3 from -4,846 million in 2024Q2 representing a change of 100.0%. This indicates an increase in short-term investment holdings.

  Total Current Assets: Total Current Assets increased to 7,450 million in 2024Q3 from 6,888 million in 2024Q2 representing a change of 8.16%. This indicates a better liquidity position.

  Total Current Liabilities: Total Current Liabilities decreased to 4,233 million in 2024Q3 from 4,412 million in 2024Q2 representing a change of -4.07%. This indicates a lower short-term debt burden.

  Retained Earnings: Retained Earnings increased to 6,067 million in 2024Q3 from 5,812 million in 2024Q2 representing a change of 4.4%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 8,651 million in 2024Q3 from 10,246 million in 2024Q2 representing a change of -15.57%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 14,837 million in 2024Q3 from 14,638 million in 2024Q2 representing a change of 1.36%. This indicates an increase in overall liabilities.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	-616982000	1094788000	-156.36
operating cash flow	992015000	912051000	8.77
free cash flow	-674317000	245188000	-375.02
capital expenditure	-1666332000	-666863000	-149.88
depreciation and amortization	659808000	598235000	10.29
deferred income tax	-3585000	-5385000	33.43
stock based compensation	0	5662000	-100.00
accounts payables	982046000	959972000	2.30
inventory	-4541000	-9316000	51.26
acquisitions net	0	0	NaN
investments in property plant and equipment	-1666332000	-666863000	-149.88
net cash used for investing activites	-1643106000	-684693000	-139.98
debt repayment	647596000	694004000	-6.69
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-602141000	-580379000	-3.75
net cash used provided by financing activities	34109000	867430000	-96.07
cash at end of period	2571362000	3188344000	-19.35
accounts receivables	-982046000	-959972000	-2.30
cash at beginning of period	3188344000	2093556000	52.29

Overall Score of Annual Cashflow Statement

0.44 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -617 million in 2023 from 1,095 million in 2022 representing a change of -156.36%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Free Cash Flow: Free Cash Flow decreased to -674 million in 2023 from 245 million in 2022 representing a change of -375.02%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Deferred Income Tax: Deferred Income Tax increased to -4 million in 2023 from -5 million in 2022 representing a change of 33.43%. This indicates that the company's tax liability for future periods has increased.

  Accounts Payables: The absolute value of Accounts Payables increased to 982 million in 2023 from 960 million in 2022 representing a change of 2.3%. This indicates that the company has increased its outstanding obligations to its suppliers.

  Dividends Paid: Dividends Paid decreased to -602 million in 2023 from -580 million in 2022 representing a change of -3.75%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

• 📈 Positive Indicators

  Operating Cash Flow: Operating Cash Flow increased to 992 million in 2023 from 912 million in 2022 representing a change of 8.77%. This indicates that the company generated more cash from its core business operations.

  Capital Expenditure: Capital Expenditure decreased to -1,666 million in 2023 from -667 million in 2022 representing a change of -149.88%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Stock-Based Compensation: Stock-Based Compensation decreased to 0 million in 2023 from 6 million in 2022 representing a change of -100.0%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

  Accounts Receivables: Accounts Receivables decreased to -982 million in 2023 from -960 million in 2022 representing a change of -2.3%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
operating cash flow	0	492967000	-100.00
free cash flow	-151389000	347194000	-143.60
capital expenditure	-151389000	-145773000	-3.85
depreciation and amortization	0	349257000	-100.00
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	0	-263500999	100.00
accounts payables	0	0	NaN
inventory	0	-6484000	100.00
acquisitions net	0	0	NaN
investments in property plant and equipment	-151389000	-145773000	-3.85
net cash used for investing activites	-151389000	-154667000	2.12
debt repayment	190703000	230853000	-17.39
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-202760000	-227349000	10.82
net cash used provided by financing activities	4907000	3504000	40.04
net change in cash	153194000	341804000	-55.18
cash at end of period	2748648000	2595454000	5.90
cash at beginning of period	2595454000	2253650000	15.17

Overall Score of Quarterly Cashflow Statement

0.33 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to 153 million in 2024Q3 from 342 million in 2024Q2 representing a change of -55.18%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow decreased to 0 million in 2024Q3 from 493 million in 2024Q2 representing a change of -100.0%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to -151 million in 2024Q3 from 347 million in 2024Q2 representing a change of -143.6%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Accounts Receivables: Accounts Receivables increased to 0 in 2024Q3 from -264 million in 2024Q2 representing a change of 100.0%. This suggests that the company is less capable of collecting payments from its customers.

• 📈 Positive Indicators

  Capital Expenditure: Capital Expenditure decreased to -151 million in 2024Q3 from -146 million in 2024Q2 representing a change of -3.85%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Dividends Paid: Dividends Paid increased to -203 million in 2024Q3 from -227 million in 2024Q2 representing a change of 10.82%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	2.97	3.07	-3.40
net income per share	0.55	0.51	7.84
operating cash flow per share	0.63	0.62	1.85
free cash flow per share	-0.43	0.17	-357.53
cash per share	1.66	-0.89	286.09
book value per share	6.49	6.45	0.67
tangible book value per share	-0.53	-0.64	18.09
shareholders equity per share	5.8	5.76	0.74
interest debt per share	6.63	6.56	1.03
market cap	8730725179.8	8970856583.22	-2.68
enterprise value	16150737179.8	14976389583.22	7.84
pe ratio	10.09	11.94	-15.49
price to sales ratio	1.87	1.98	-5.66
pocfratio	8.8	9.84	-10.52
pfcf ratio	-12.95	36.59	-135.39
pb ratio	0.96	1.06	-9.53
ptb ratio	0.96	1.06	-9.53
ev to sales	3.46	3.31	4.54
enterprise value over ebitda	9.17	7.59	20.82
ev to operating cash flow	16.28	16.42	-0.85
ev to free cash flow	-23.95	61.08	-139.21
earnings yield	0.1	0.08	18.34
free cash flow yield	-0.08	0.03	-382.58
debt to equity	1.1	1.09	0.74
debt to assets	0.41	0.4	1.77
net debt to ebitda	4.21	3.04	38.42
current ratio	1.45	1.9	-23.68
interest coverage	2.82	3.81	-25.94
income quality	1.15	1.12	2.15
dividend yield	0.07	0.02	196.92
payout ratio	0.7	0.28	150.91
sales general and administrative to revenue	0.01	0.01	-1.05
research and ddevelopement to revenue	0.01	0.01	18.14
intangibles to total assets	0.45	0.45	-0.75
capex to operating cash flow	1.68	0.73	129.73
capex to revenue	0.36	0.15	142.22
capex to depreciation	2.53	1.11	126.56
stock based compensation to revenue	0	0.0	-100.00
graham number	8.47	8.13	4.23
roic	0.04	0.06	-34.04
return on tangible assets	0.06	0.06	7.47
graham net net	-5.81	-8.62	32.57
working capital	1928723000	3002061000	-35.75
tangible asset value	-829049000	-947784000	12.53
net current asset value	-8009239000	-7118497000	-12.51
invested capital	14688573000	14523689000	1.14
average receivables	3021087500	2543115000	18.79
average payables	590023500	470340500	25.45
average inventory	33414500	26486000	26.16
days sales outstanding	257.38	222.17	15.85
days payables outstanding	85.38	62.48	36.66
days of inventory on hand	4.56	3.81	19.66
receivables turnover	1.42	1.64	-13.68
payables turnover	4.27	5.84	-26.82
inventory turnover	80.13	95.88	-16.43
roe	0.09	0.09	7.05
capex per share	1.06	0.45	133.98

• ROE:

  Debt-to-Equity Ratio:

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 10.09 on 2023-12-31 from 11.94 on 2022-12-31, representing a change of -15.49%. Indicating a decrease in the relative valuation of the company's stock.

• Neutral

  Current Ratio: Current Ratio decreased to 1.45 on 2023-12-31 from 1.90 on 2022-12-31, representing a change of -23.68%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

• Quarterly Financial Ratios

	2024-09-30 Q3	2024-06-30 Q2	Q/Q change %
1065.HK
calendar year	2024	2024	NaN
revenue per share	0.75	0.72	3.36
net income per share	0.16	0.11	48.25
operating cash flow per share	0.19	0.32	-39.95
free cash flow per share	0.09	0.22	-57.81
cash per share	1.76	1.69	4.29
book value per share	6.81	7.86	-13.33
tangible book value per share	-0.05	0.78	-106.04
shareholders equity per share	6.07	5.98	1.50
interest debt per share	5.69	6.72	-15.24
market cap	9218354158.95	8873397447.2	3.89
enterprise value	15100975158.95	16582782447.2	-8.94
pe ratio	9.02	13.02	-30.78
price to sales ratio	7.87	7.93	-0.71
pocfratio	30.76	18.0	70.89
pfcf ratio	62.17	25.56	143.24
pb ratio	0.97	0.96	1.10
ptb ratio	0.97	0.96	1.10
ev to sales	12.89	14.81	-12.97
enterprise value over ebitda	39.47	58.14	-32.11
ev to operating cash flow	50.39	33.64	49.80
ev to free cash flow	101.84	47.76	113.21
earnings yield	0.03	0.02	44.46
free cash flow yield	0.02	0.04	-58.89
debt to equity	0.91	1.11	-18.51
debt to assets	0.34	0.41	-17.86
net debt to ebitda	15.38	27.03	-43.12
current ratio	1.76	1.56	12.74
interest coverage	0.99	3.56	-72.26
income quality	1.17	2.89	-59.49
dividend yield	0.02	0.03	-14.15
payout ratio	0.79	1.33	-40.57
sales general and administrative to revenue	0.11	-0.03	512.10
research and ddevelopement to revenue	0.01	0.01	-23.19
intangibles to total assets	0.42	0.44	-3.81
capex to operating cash flow	0.51	0.3	70.84
capex to revenue	0.13	0.13	-0.75
capex to depreciation	0	0.83	-100.00
stock based compensation to revenue	0	0	NaN
graham number	4.72	3.85	22.67
roic	0.01	0.01	3.72
return on tangible assets	0.02	0.01	42.97
graham net net	-5.54	-4.61	-20.32
working capital	3216885000	2475738000	29.94
tangible asset value	-73848000	1208303000	-106.11
net current asset value	-7387736000	-5967991000	-23.79
invested capital	15690248000	15148946000	3.57
average receivables	4271941000	4024200500	6.16
average payables	858362000	744456500	15.30
average inventory	41547500	45146500	-7.97
days sales outstanding	342.45	328.62	4.21
days payables outstanding	111.22	97.31	14.30
days of inventory on hand	4.9	5.21	-5.86
receivables turnover	0.26	0.27	-4.04
payables turnover	0.81	0.92	-12.51
inventory turnover	18.36	17.28	6.22
roe	0.03	0.02	46.06
capex per share	0.1	0.09	2.59

• Negative

  ROE: Return on Equity (ROE) increased to 0.03 on 2024-09-30 Q3 from 0.02 on 2024-06-30 Q2, representing a change of 46.06%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 9.02 on 2024-09-30 Q3 from 13.02 on 2024-06-30 Q2, representing a change of -30.78%. Indicating a decrease in the relative valuation of the company's stock.

• Positive

  Current Ratio: Current Ratio increased to 1.76 on 2024-09-30 Q3 from 1.56 on 2024-06-30 Q2, representing a change of 12.74%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.91 on 2024-09-30 Q3 from 1.11 on 2024-06-30 Q2, representing a change of -18.51%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None