Kandi Current Ratio from 2010 to 2024

KNDI Stock  USD 2.50  0.05  1.96%   
Kandi Technologies' Current Ratio is increasing with slightly volatile movements from year to year. Current Ratio is estimated to finish at 4.70 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
4.48065577
Current Value
4.7
Quarterly Volatility
1.58270671
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Kandi Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kandi main balance sheet or income statement drivers, such as Interest Expense of 2.1 M, Other Operating Expenses of 88.1 M or EBITDA of 597.4 K, as well as many exotic indicators such as Price To Sales Ratio of 1.97, Dividend Yield of 0.0558 or PTB Ratio of 0.52. Kandi financial statements analysis is a perfect complement when working with Kandi Technologies Valuation or Volatility modules.
  
This module can also supplement Kandi Technologies' financial leverage analysis and stock options assessment as well as various Kandi Technologies Technical models . Check out the analysis of Kandi Technologies Correlation against competitors.

Latest Kandi Technologies' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Kandi Technologies Group over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Kandi Technologies' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kandi Technologies' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.95 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Kandi Current Ratio Regression Statistics

Arithmetic Mean2.35
Geometric Mean1.93
Coefficient Of Variation67.44
Mean Deviation1.40
Median1.48
Standard Deviation1.58
Sample Variance2.50
Range4.4162
R-Value0.82
Mean Square Error0.90
R-Squared0.67
Significance0.0002
Slope0.29
Total Sum of Squares35.07

Kandi Current Ratio History

2024 4.7
2023 4.48
2022 4.04
2021 5.34
2020 3.66
2019 1.48
2018 1.02

About Kandi Technologies Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Kandi Technologies income statement, its balance sheet, and the statement of cash flows. Kandi Technologies investors use historical funamental indicators, such as Kandi Technologies's Current Ratio, to determine how well the company is positioned to perform in the future. Although Kandi Technologies investors may use each financial statement separately, they are all related. The changes in Kandi Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Kandi Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Kandi Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Kandi Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 4.48  4.70 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kandi Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kandi Technologies' short interest history, or implied volatility extrapolated from Kandi Technologies options trading.

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When determining whether Kandi Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kandi Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kandi Technologies Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kandi Technologies Group Stock:
Check out the analysis of Kandi Technologies Correlation against competitors.
Note that the Kandi Technologies information on this page should be used as a complementary analysis to other Kandi Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Kandi Technologies' price analysis, check to measure Kandi Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kandi Technologies is operating at the current time. Most of Kandi Technologies' value examination focuses on studying past and present price action to predict the probability of Kandi Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kandi Technologies' price. Additionally, you may evaluate how the addition of Kandi Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Kandi Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kandi Technologies. If investors know Kandi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kandi Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.137
Revenue Per Share
1.569
Quarterly Revenue Growth
(0.26)
Return On Assets
(0.01)
Return On Equity
0.0042
The market value of Kandi Technologies is measured differently than its book value, which is the value of Kandi that is recorded on the company's balance sheet. Investors also form their own opinion of Kandi Technologies' value that differs from its market value or its book value, called intrinsic value, which is Kandi Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kandi Technologies' market value can be influenced by many factors that don't directly affect Kandi Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kandi Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kandi Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kandi Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.