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Intsig Information Co (SHSE:688615) Current Ratio : 4.21 (As of Mar. 2025)


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What is Intsig Information Co 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. Intsig Information Co's current ratio for the quarter that ended in Mar. 2025 was 4.21.

Intsig Information Co has a current ratio of 4.21. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Intsig Information Co's Current Ratio or its related term are showing as below:

SHSE:688615' s Current Ratio Range Over the Past 10 Years
Min: 0.97   Med: 2   Max: 4.21
Current: 4.21

During the past 7 years, Intsig Information Co's highest Current Ratio was 4.21. The lowest was 0.97. And the median was 2.00.

SHSE:688615's Current Ratio is ranked better than
83.5% of 2830 companies
in the Software industry
Industry Median: 1.78 vs SHSE:688615: 4.21

Intsig Information Co Current Ratio Historical Data

The historical data trend for Intsig Information Co'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.

Intsig Information Co Current Ratio Chart

Intsig Information Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Current Ratio
Get a 7-Day Free Trial 1.57 1.63 2.00 2.15 4.03

Intsig Information Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - 2.36 4.10 4.03 4.21

Competitive Comparison of Intsig Information Co's Current Ratio

For the Software - Infrastructure subindustry, Intsig Information Co'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.


Intsig Information Co's Current Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Intsig Information Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Intsig Information Co's Current Ratio falls into.


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Intsig Information Co 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.

Intsig Information Co's Current Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Current Ratio (A: Dec. 2024 )=Total Current Assets (A: Dec. 2024 )/Total Current Liabilities (A: Dec. 2024 )
=3200.943/793.545
=4.03

Intsig Information Co's Current Ratio for the quarter that ended in Mar. 2025 is calculated as

Current Ratio (Q: Mar. 2025 )=Total Current Assets (Q: Mar. 2025 )/Total Current Liabilities (Q: Mar. 2025 )
=3316.93/788.777
=4.21

* 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.


Intsig Information Co  (SHSE:688615) 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.


Intsig Information Co Current Ratio Related Terms

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Intsig Information Co Business Description

Traded in Other Exchanges
N/A
Address
1258 Wanrong Road, Room 1105-1123, No. 1256, Jing'an District, Shanghai, CHN, 200436
Intsig Information Co Ltd is an industry-leading tech company specializing in business data, artificial intelligence, and mobile applications. It is engaged in providing digital and intelligent products and services to global C-end users and B-end customers in diverse industries. INTSIG focuses mainly on Optical Character Recognition (OCR) technologies and currently holds over 110 global invention patents. Its products support more than 50 languages and can recognize many types of documents, including business cards, IDs, bank cards, and transactional documents such as invoices, receipts, packing lists contracts, etc. It also provides integrated OCR+Data+AI solutions that deliver competitive advantages in various industries, including manufacturing, banking, retail, securities, etc.

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