China Overseas Land & Investment Limited - CAOVY

CAOVY 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 %
CAOVY	-5.4	-9.1	-7.2	1.3	-10.4	-10.4	-25.7	-46.1	-35.7	-11.6
S&P 500	-1.4	-1.8	0.9	5.8	10.5	30.3	25.3	88.0	187.4	33118.7

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	CAOVY
name	China Overseas Land & Investment Limited
price	8.77
changes percentage	-5.3937
change	-0.5
day low	8.77
day high	8.78
year high	11.87
year low	6.55
market cap	19197354600
price avg 50	9.1685
price avg 200	8.481585
exchange	PNK
volume	200
avg volume	54021
open	8.78
previous close	9.27
eps	1.42
pe	6.18
earnings announcement	2024-08-28T10:59:00.000+0000
shares outstanding	2188980000
timestamp	2024-11-15 14:30:17

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: 78.0%

Overall Quarterly Financial Health: 41.7%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	202524069000	180321569000	12.31
gross profit	41152803000	38393550000	7.19
gross profit ratio	0.2	0.21	-4.56
research and development expenses	0	0	NaN
operating expenses	627330000	6521756000	-90.38
interest income	0	0	NaN
interest expense	1032448000	1056725000	-2.30
ebitda	42557886000	37730868000	12.79
ebitdaratio	0.21	0.21	0.43
operating income	40525473000	34882261000	16.18
operating income ratio	0.2	0.19	3.44
net income	25609837000	23264747000	10.08
net income ratio	0.13	0.13	-1.99
eps	11.7	10.65	9.86

Overall Score of Annual Income Statement

1.0 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 202,524 million in 2023 from 180,322 million in 2022 representing a change of 12.31%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 41,153 million in 2023 from 38,394 million in 2022 representing a change of 7.19%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 627 million in 2023 from 6,522 million in 2022 representing a change of -90.38%. 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 42,558 million in 2023 from 37,731 million in 2022 representing a change of 12.79%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 40,525 million in 2023 from 34,882 million in 2022 representing a change of 16.18%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 25,610 million in 2023 from 23,265 million in 2022 representing a change of 10.08%. 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 11.7 in 2023 from 11.7 in 2022 representing a change of 9.86%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
revenue	12083152963	15735911340	-23.21
gross profit	2692871592	2974212351	-9.46
gross profit ratio	0.22	0.19	17.91
research and development expenses	0	0	NaN
operating expenses	-469088082	482007127	-197.32
interest income	0	0	NaN
interest expense	0	673477059	-100.00
ebitda	2141353516	2512997450	-14.79
ebitdaratio	0.18	0.16	10.97
operating income	2272802935	2492205220	-8.80
operating income ratio	0.19	0.16	18.77
net income	1429329706	1674550367	-14.64
net income ratio	0.12	0.11	11.16
eps	0.65	0.77	-15.58

Overall Score of Quarterly Income Statement

0.14 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 12,083 million in 2024Q2 from 15,736 million in 2023Q4 representing a change of -23.21%. This indicates a sales shrinking, which is a negative sign for the company.

  Gross Profit: Gross Profit decreased to 2,693 million in 2024Q2 from 2,974 million in 2023Q4 representing a change of -9.46%. This indicates a sales profitability decline, which is a negative sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 2,141 million in 2024Q2 from 2,513 million in 2023Q4 representing a change of -14.79%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to 2,273 million in 2024Q2 from 2,492 million in 2023Q4 representing a change of -8.8%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to 1,429 million in 2024Q2 from 1,675 million in 2023Q4 representing a change of -14.64%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.65 in 2024Q2 from 0.65 in 2023Q4 representing a change of -15.58%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• 📈 Positive Indicators

  Operating Expenses: Operating Expenses decreased to -469 million in 2024Q2 from 482 million in 2023Q4 representing a change of -197.32%. 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.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	923604091000	913254132000	1.13
total liabilities	530692383000	540156307000	-1.75
total equity	392911708000	373097825000	5.31
cash and cash equivalents	105629033000	110306115000	-4.24
short term investments	-4658325624	-5747356280	18.95
long term investments	51178661624	49375823280	3.65
total current assets	654651899000	664399679000	-1.47
total non current assets	268952192000	248854453000	8.08
total current liabilities	285700517000	281151465000	1.62
total non current liabilities	244991866000	259004842000	-5.41
common stock	74035443000	74035443000	0.00
retained earnings	343169945415	281984820000	21.70
total debt	258718800000	271542779000	-4.72

Overall Score of Annual Balance Sheet

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 923,604 million in 2023 from 913,254 million in 2022 representing a change of 1.13%. Suggesting a growth in asset holdings.

  Total Liabilities: Total Liabilities decreased to 530,692 million in 2023 from 540,156 million in 2022 representing a change of -1.75%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 392,912 million in 2023 from 373,098 million in 2022 representing a change of 5.31%. This indicates an increase in shareholders' equity.

  Short Term Investments: Short Term Investments increased to -4,658 million in 2023 from -5,747 million in 2022 representing a change of 18.95%. This indicates an increase in short-term investment holdings.

  Retained Earnings: Retained Earnings increased to 343,170 million in 2023 from 281,985 million in 2022 representing a change of 21.7%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 258,719 million in 2023 from 271,543 million in 2022 representing a change of -4.72%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 105,629 million in 2023 from 110,306 million in 2022 representing a change of -4.24%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 654,652 million in 2023 from 664,400 million in 2022 representing a change of -1.47%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 285,701 million in 2023 from 281,151 million in 2022 representing a change of 1.62%. This indicates a higher short-term debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2023Q4	2023Q3	Q/Q change %
0000000000
total assets	923604091000	990618202881	-6.76
total liabilities	530692383000	569197927827	-6.76
total equity	392911708000	421420275053	-6.76
cash and cash equivalents	105629033000	112987486504	-6.51
short term investments	-4658325624	0	NaN
long term investments	51178661624	49895720574	2.57
total current assets	654651899000	702151597226	-6.76
total non current assets	268952192000	288466605655	-6.76
total current liabilities	285700517000	306430141952	-6.76
total non current liabilities	244991866000	262767785875	-6.76
common stock	74035443000	79407246252	-6.76
retained earnings	343169945415	334567399038	2.57
total debt	258718800000	279525972755	-7.44

Overall Score of Quarterly Balance Sheet

0.4 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 923,604 million in 2023Q4 from 990,618 million in 2023Q3 representing a change of -6.76%. Suggesting a decrease in asset holdings.

  Total Equity: Total Equity decreased to 392,912 million in 2023Q4 from 421,420 million in 2023Q3 representing a change of -6.76%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 105,629 million in 2023Q4 from 112,987 million in 2023Q3 representing a change of -6.51%. This indicates a decrease in available liquid assets.

  Short Term Investments: Short Term Investments decreased to -4,658 million in 2023Q4 from 0 million in 2023Q3 representing a change of nan%. This indicates a decrease in short-term investment holdings.

  Total Current Assets: Total Current Assets decreased to 654,652 million in 2023Q4 from 702,152 million in 2023Q3 representing a change of -6.76%. This indicates a worsen liquidity position.

  Common Stock: Common Stock decreased to 74,035 in 2023Q4 from 79,407 in 2023Q3 representing a change of -6.76%. This indicates a decrease in ownership interest.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 530,692 million in 2023Q4 from 569,198 million in 2023Q3 representing a change of -6.76%. This indicates a decrease in overall liabilities.

  Total Current Liabilities: Total Current Liabilities decreased to 285,701 million in 2023Q4 from 306,430 million in 2023Q3 representing a change of -6.76%. This indicates a lower short-term debt burden.

  Retained Earnings: Retained Earnings increased to 343,170 million in 2023Q4 from 334,567 million in 2023Q3 representing a change of 2.57%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 258,719 million in 2023Q4 from 279,526 million in 2023Q3 representing a change of -7.44%. This indicates a reduction in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	-4364998000	-20152382000	78.34
operating cash flow	35279337000	-10518405000	435.41
free cash flow	35074536000	-11167597000	414.07
capital expenditure	-204801000	-649192000	68.45
depreciation and amortization	405104000	667214000	-39.28
deferred income tax	0	-21620729000	100.00
stock based compensation	0	-128840000	100.00
accounts payables	0	-1111989854	100.00
inventory	15404359000	-7623190000	302.07
acquisitions net	366785000	-6071935000	106.04
investments in property plant and equipment	-204801000	-649192000	68.45
net cash used for investing activites	-4771356000	-8139819000	41.38
debt repayment	-15582023000	17363250000	-189.74
common stock issued	0	1461000	-100.00
common stock repurchased	0	0	NaN
dividends paid	-7565651000	-12311981219	38.55
net cash used provided by financing activities	-35018289000	-2072528000	-1589.64
cash at end of period	105344021000	109709019000	-3.98
accounts receivables	-71033533	1111989854	-106.39
cash at beginning of period	109709019000	129861401000	-15.52

Overall Score of Annual Cashflow Statement

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to -4,365 million in 2023 from -20,152 million in 2022 representing a change of 78.34%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 35,279 million in 2023 from -10,518 million in 2022 representing a change of 435.41%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 35,075 million in 2023 from -11,168 million in 2022 representing a change of 414.07%. This indicates an increase in cash generated after accounting for capital expenditures.

  Accounts Payables: The absolute value of Accounts Payables decreased to 0 million in 2023 from 1,112 million in 2022 representing a change of 100.0%. This indicates that the company has reduced its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables decreased to -71 million in 2023 from 1,112 million in 2022 representing a change of -106.39%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

  Dividends Paid: Dividends Paid increased to -7,566 million in 2023 from -12,312 million in 2022 representing a change of 38.55%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.

• 📉 Negative Indicators

  Capital Expenditure: Capital Expenditure increased to -205 million in 2023 from -649 million in 2022 representing a change of 68.45%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Deferred Income Tax: Deferred Income Tax increased to 0 million in 2023 from -21,621 million in 2022 representing a change of 100.0%. This indicates that the company's tax liability for future periods has increased.

  Stock-Based Compensation: Stock-Based Compensation increased to 0 million in 2023 from -129 million in 2022 representing a change of 100.0%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
operating cash flow	-163538424	-584131403	72.00
free cash flow	0	-612427433	100.00
capital expenditure	163538424	-28296030	677.96
depreciation and amortization	33368437	20792230	60.49
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	-306778225	1282479182	-123.92
accounts payables	-2010778996	-2566844230	21.66
inventory	1838835994	-353690879	619.90
acquisitions net	363131924	817102945	-55.56
investments in property plant and equipment	163538424	-28296030	677.96
net cash used for investing activites	-104956809	-83422406	-25.81
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	-1045297107	100.00
net cash used provided by financing activities	-478202637	-555725551	13.95
net change in cash	-1098427498	-829453852	-32.43
cash at end of period	13795263176	14893690674	-7.38
cash at beginning of period	14893690674	15723144526	-5.28

Overall Score of Quarterly Cashflow Statement

0.71 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -1,098 million in 2024Q2 from -829 million in 2023Q4 representing a change of -32.43%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Capital Expenditure: Capital Expenditure increased to 164 million in 2024Q2 from -28 million in 2023Q4 representing a change of 677.96%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

• 📈 Positive Indicators

  Operating Cash Flow: Operating Cash Flow increased to -164 million in 2024Q2 from -584 million in 2023Q4 representing a change of 72.0%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 0 million in 2024Q2 from -612 million in 2023Q4 representing a change of 100.0%. This indicates an increase in cash generated after accounting for capital expenditures.

  Accounts Payables: The absolute value of Accounts Payables decreased to 2,011 million in 2024Q2 from 2,567 million in 2023Q4 representing a change of 21.66%. This indicates that the company has reduced its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables decreased to -307 million in 2024Q2 from 1,282 million in 2023Q4 representing a change of -123.92%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

  Dividends Paid: Dividends Paid increased to 0 million in 2024Q2 from -1,045 million in 2023Q4 representing a change of 100.0%. 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	92.52	82.38	12.31
net income per share	11.7	10.63	10.08
operating cash flow per share	16.12	-4.81	435.41
free cash flow per share	16.02	-5.1	414.07
cash per share	46.13	47.77	-3.43
book value per share	179.5	170.44	5.31
tangible book value per share	179.28	170.22	5.32
shareholders equity per share	170.41	161.94	5.23
interest debt per share	118.18	124.0	-4.70
market cap	142714279635.19	224099692354.74	-36.32
enterprise value	295804046635.19	385336356354.74	-23.23
pe ratio	5.57	9.63	-42.15
price to sales ratio	0.7	1.24	-43.30
pocfratio	4.05	-21.31	118.99
pfcf ratio	4.07	-20.07	120.28
pb ratio	0.38	0.63	-39.48
ptb ratio	0.38	0.63	-39.48
ev to sales	1.46	2.14	-31.65
enterprise value over ebitda	6.95	10.21	-31.94
ev to operating cash flow	8.38	-36.63	122.89
ev to free cash flow	8.43	-34.5	124.44
earnings yield	0.18	0.1	72.86
free cash flow yield	0.25	-0.05	593.18
debt to equity	0.69	0.76	-9.44
debt to assets	0.28	0.3	-5.77
net debt to ebitda	3.6	4.27	-15.82
current ratio	2.29	2.36	-3.04
interest coverage	39.25	33.01	18.91
income quality	0.86	-0.29	393.70
dividend yield	0.05	0.05	-3.51
payout ratio	0.3	0.53	-44.18
sales general and administrative to revenue	0.01	0.01	-10.56
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.0	0.0	-3.72
capex to operating cash flow	0.01	-0.06	109.41
capex to revenue	0.0	0.0	-71.91
capex to depreciation	0.51	0.97	-48.04
stock based compensation to revenue	0	-0.0	100.00
graham number	211.8	196.79	7.63
roic	0.04	0.04	11.01
return on tangible assets	0.03	0.03	8.84
graham net net	-82.96	-84.72	2.08
working capital	368951382000	383248214000	-3.73
tangible asset value	392434400000	372607641000	5.32
net current asset value	123959516000	124243372000	-0.23
invested capital	375911567000	390390154000	-3.71
average receivables	0	0	NaN
average payables	72073982500	73869004000	-2.43
average inventory	498264014000	481645680500	3.45
days sales outstanding	0	0	NaN
days payables outstanding	169.59	177.89	-4.66
days of inventory on hand	1122.44	1286.59	-12.76
receivables turnover	0	0	NaN
payables turnover	2.15	2.05	4.89
inventory turnover	0.33	0.28	14.62
roe	0.07	0.07	4.61
capex per share	0.09	0.3	-68.45

• ROE:

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 5.57 on 2023-12-31 from 9.63 on 2022-12-31, representing a change of -42.15%. Indicating a decrease in the relative valuation of the company's stock.

• Neutral

  Current Ratio: Current Ratio decreased to 2.29 on 2023-12-31 from 2.36 on 2022-12-31, representing a change of -3.04%. 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.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.69 on 2023-12-31 from 0.76 on 2022-12-31, representing a change of -9.44%. 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.

• Quarterly Financial Ratios

	2024-06-30 Q2	2023-12-31 Q4	Q/Q change %
CAOVY
calendar year	2024	2023	NaN
revenue per share	5.52	7.19	-23.21
net income per share	0.65	0.76	-14.64
operating cash flow per share	-0.07	-0.27	72.00
free cash flow per share	0	-0.28	100.00
cash per share	None	46.13	NaN
book value per share	None	179.5	NaN
tangible book value per share	None	179.28	NaN
shareholders equity per share	None	170.41	NaN
interest debt per share	None	118.02	NaN
market cap	18912759552	142714276570.94	-86.75
enterprise value	None	295804043570.94	NaN
pe ratio	3.31	21.31	-84.47
price to sales ratio	1.57	9.07	-82.74
pocfratio	-115.65	-244.32	52.67
pfcf ratio	0	-233.03	100.00
pb ratio	0	0.38	-100.00
ptb ratio	0	0.38	-100.00
ev to sales	None	18.8	NaN
enterprise value over ebitda	None	117.71	NaN
ev to operating cash flow	None	-506.4	NaN
ev to free cash flow	0	-483.0	100.00
earnings yield	0.08	0.01	544.09
free cash flow yield	0	-0.0	100.00
debt to equity	0	0.69	-100.00
debt to assets	0	0.28	-100.00
net debt to ebitda	None	60.92	NaN
current ratio	0	2.29	-100.00
interest coverage	0	3.7	-100.00
income quality	-0.11	-0.35	67.20
dividend yield	0	0.01	-100.00
payout ratio	0	0.62	-100.00
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0.0	-100.00
capex to operating cash flow	-1	-0.05	-1964.36
capex to revenue	0.01	0.0	652.67
capex to depreciation	4.9	1.36	260.13
stock based compensation to revenue	0	0	NaN
graham number	None	54.16	NaN
roic	0	0.0	-100.00
return on tangible assets	0	0.0	-100.00
graham net net	None	-82.96	NaN
working capital	None	368951382000	NaN
tangible asset value	None	392434400000	NaN
net current asset value	None	123959516000	NaN
invested capital	None	375911567000	NaN
average receivables	None	2371651315.5	NaN
average payables	None	74394403963.5	NaN
average inventory	None	514248823236.5	NaN
days sales outstanding	None	0	NaN
days payables outstanding	None	528.77	NaN
days of inventory on hand	None	3499.7	NaN
receivables turnover	0	0	NaN
payables turnover	0	0.17	-100.00
inventory turnover	0	0.03	-100.00
roe	0	0.0	-100.00
capex per share	0.07	0.01	477.96

• Negative

  ROE: Return on Equity (ROE) decreased to 0.00 on 2024-06-30 Q2 from 0.00 on 2023-12-31 Q4, representing a change of -100.00%. Suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 3.31 on 2024-06-30 Q2 from 21.31 on 2023-12-31 Q4, representing a change of -84.47%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio decreased to 0.00 on 2024-06-30 Q2 from 2.29 on 2023-12-31 Q4, representing a change of -100.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.00 on 2024-06-30 Q2 from 0.69 on 2023-12-31 Q4, representing a change of -100.00%. 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