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Sunny Side Up Culture Holdings (HKSE:08082) Current Ratio : 1.47 (As of Jun. 2024)


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What is Sunny Side Up Culture Holdings Current Ratio?

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. Sunny Side Up Culture Holdings's current ratio for the quarter that ended in Jun. 2024 was 1.47.

Sunny Side Up Culture Holdings has a current ratio of 1.47. It generally indicates good short-term financial strength.

The historical rank and industry rank for Sunny Side Up Culture Holdings's Current Ratio or its related term are showing as below:

HKSE:08082' s Current Ratio Range Over the Past 10 Years
Min: 1.09   Med: 2.73   Max: 22.04
Current: 1.09

During the past 13 years, Sunny Side Up Culture Holdings's highest Current Ratio was 22.04. The lowest was 1.09. And the median was 2.73.

HKSE:08082's Current Ratio is ranked worse than
68.89% of 1051 companies
in the Media - Diversified industry
Industry Median: 1.62 vs HKSE:08082: 1.09

Sunny Side Up Culture Holdings Current Ratio Historical Data

The historical data trend for Sunny Side Up Culture Holdings'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.

* Premium members only.

Sunny Side Up Culture Holdings Current Ratio Chart

Sunny Side Up Culture Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.53 3.38 2.14 1.51 1.09

Sunny Side Up Culture Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Dec24
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.18 - 1.51 1.47 1.09

Competitive Comparison of Sunny Side Up Culture Holdings's Current Ratio

For the Entertainment subindustry, Sunny Side Up Culture Holdings'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.


Sunny Side Up Culture Holdings's Current Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sunny Side Up Culture Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where Sunny Side Up Culture Holdings's Current Ratio falls into.


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Sunny Side Up Culture Holdings 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.

Sunny Side Up Culture Holdings's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=119.014/78.742
=1.51

Sunny Side Up Culture Holdings's Current Ratio for the quarter that ended in Jun. 2024 is calculated as

Current Ratio (Q: Jun. 2024 )=Total Current Assets (Q: Jun. 2024 )/Total Current Liabilities (Q: Jun. 2024 )
=153.251/104.196
=1.47

* 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.


Sunny Side Up Culture Holdings  (HKSE:08082) 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.


Sunny Side Up Culture Holdings Current Ratio Related Terms

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Sunny Side Up Culture Holdings Business Description

Traded in Other Exchanges
N/A
Address
35 Hung To Road, 17th Floor, Fun Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Sunny Side Up Culture Holdings Ltd formerly Yeah Yeah Group Holdings Ltd is an investment holding company. It is engaged in the business segments of Media and Entertainment and Cremation and funeral services. The group generates a majority of its revenue from the Media and Entertainment segment which engages in the organisation, production of and investments in concerts and other entertainment events, and other media and entertainment-related businesses. The company earns revenue from Hong Kong, Macau, Taiwan and Mainland China.
Executives
Yan Wai Ping 2201 Interest of corporation controlled by you
Century China Group Limited 2201 Interest of corporation controlled by you
Chan Shu Sun 2201 Interest of corporation controlled by you
Great Expect Development Limited 2101 Beneficial owner
Choi Oi Lin 2202 Interest of your spouse
Wong Pui Yan 2202 Interest of your spouse
Kongor Investment Holding Limited 2101 Beneficial owner
Chui Bing Sun 2201 Interest of corporation controlled by you
Chui Bing Sun 2201 Interest of corporation controlled by you
Dong Choi Chi Alex
Chau Cheok Wa 2103 Interests held jointly with another person
Cheng Ting Kong 2401 A concert party to an agreement to buy shares
New Brilliant Investments Ltd. 2101 Beneficial owner
Albula Investment Fund Ltd 2101 Beneficial owner

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