DAZSF (Da Ai Zhi Shui International Holding Group) Current Ratio: 0.84 (As of May. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DAZSF Da Ai Zhi Shui International Holding Group Ltd DAZSF
23 GF Score
Price $0.22
View Full Analysis

What is Da Ai Zhi Shui International Holding Group Current Ratio?

Da Ai Zhi Shui International Holding Group DAZSF +145.67% 23 Current Ratio is 0.84 as of May. 2023. GuruFocus rates DAZSF with a GF Score™ of 23/100.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Da Ai Zhi Shui International Holding Group's current ratio for the quarter that ended in May. 2023 was 0.84.

Da Ai Zhi Shui International Holding Group has a current ratio of 0.84. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Da Ai Zhi Shui International Holding Group has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Da Ai Zhi Shui International Holding Group's Current Ratio or its related term are showing as below:

DAZSF's Current Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.57
* Ranked among companies with meaningful Current Ratio only.

Da Ai Zhi Shui International Holding Group  (OTCPK:DAZSF) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Da Ai Zhi Shui International Holding Group Current Ratio Related Terms


Da Ai Zhi Shui International Holding Group Current Ratio Historical Data

* Premium members only.

The historical data trend for Da Ai Zhi Shui International Holding Group's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Da Ai Zhi Shui International Holding Group Current Ratio Chart

Da Ai Zhi Shui International Holding Group Annual Data
Trend May21 May22 May23
Current Ratio
0.94 0.73 0.84

Da Ai Zhi Shui International Holding Group Semi-Annual Data
May21 May22 May23
Current Ratio 0.94 0.73 0.84

DAZSF vs NVVE, SPEV, TCSG: Current Ratio Comparison

For the Specialty Retail subindustry, Da Ai Zhi Shui International Holding Group's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Da Ai Zhi Shui International Holding Group Current Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Da Ai Zhi Shui International Holding Group's Current Ratio distribution charts can be found below:

* The bar in red indicates where Da Ai Zhi Shui International Holding Group's Current Ratio falls into.


DAZSF
23GF Score
Da Ai Zhi Shui International Holding Group Ltd DAZSF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Da Ai Zhi Shui International Holding Group Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Da Ai Zhi Shui International Holding Group's Current Ratio for the fiscal year that ended in May. 2023 is calculated as

Current Ratio (A: May. 2023 )=Total Current Assets (A: May. 2023 )/Total Current Liabilities (A: May. 2023 )
=1.122/1.334
=0.84

Da Ai Zhi Shui International Holding Group's Current Ratio for the quarter that ended in May. 2023 is calculated as

Current Ratio (Q: May. 2023 )=Total Current Assets (Q: May. 2023 )/Total Current Liabilities (Q: May. 2023 )
=1.122/1.334
=0.84

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.84 mean?
Da Ai Zhi Shui International Holding Group (DAZSF) has a Current Ratio of 0.84 as of May. 2023.
Is Da Ai Zhi Shui International Holding Group's Current Ratio too high?
Da Ai Zhi Shui International Holding Group's current Current Ratio is 0.84. The Retail - Cyclical industry median Current Ratio is 1.57. Da Ai Zhi Shui International Holding Group's value of 0.84 is 46.5% below this industry median. Overall, Da Ai Zhi Shui International Holding Group has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Da Ai Zhi Shui International Holding Group's Current Ratio compare to NVVE and SPEV?
Da Ai Zhi Shui International Holding Group's Current Ratio of 0.84 can be compared against companies in the Retail - Cyclical industry. The industry median Current Ratio is 1.57. Da Ai Zhi Shui International Holding Group's value of 0.84 is 46.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Retail - Cyclical company?
The median Current Ratio among Retail - Cyclical companies is 1.57, based on 1,136 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Da Ai Zhi Shui International Holding Group's current Current Ratio of 0.84 is 46.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Retail - Cyclical industry, the median Current Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Da Ai Zhi Shui International Holding Group's current Current Ratio is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Da Ai Zhi Shui International Holding Group stock overvalued right now?
Da Ai Zhi Shui International Holding Group (DAZSF) has a current Current Ratio of 0.84. The current Current Ratio is 0.84 and 46.5% below the Retail - Cyclical industry median of 1.57. Da Ai Zhi Shui International Holding Group's overall GF Score™ is 23/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Da Ai Zhi Shui International Holding Group (DAZSF), the current Current Ratio is 0.84 as of May. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Da Ai Zhi Shui International Holding Group Business Description

Address No. 3 Hoi Shing Road, Workshop A2, 25th Floor, TML Tower, Tsuen Wan, Hong Kong, HKG
Da Ai Zhi Shui International Holding Group Ltd , formerly ZKGC New Energy Ltd provides management and operations consulting services.
23GF Score

Get the complete analysis for DAZSF

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.22
Price