SYH (Mountain&Sea Health) Current Ratio: 2.06 (As of Jun. 2024)


What is Mountain&Sea Health Current Ratio?

Mountain&Sea Health SYH Current Ratio is 2.06 as of Jun. 2024.

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. Mountain&Sea Health's current ratio for the quarter that ended in Jun. 2024 was 2.06.

Mountain&Sea Health has a current ratio of 2.06. It generally indicates good short-term financial strength.

The historical rank and industry rank for Mountain&Sea Health's Current Ratio or its related term are showing as below:

SYH's Current Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.73
* Ranked among companies with meaningful Current Ratio only.

Mountain&Sea Health  (NAS:SYH) 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.


Mountain&Sea Health Current Ratio Related Terms


Mountain&Sea Health Current Ratio Historical Data

* Premium members only.

The historical data trend for Mountain&Sea Health'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.

Mountain&Sea Health Current Ratio Chart

Mountain&Sea Health Annual Data
Trend Jun22 Jun23 Jun24
Current Ratio
4.28 3.20 2.06

Mountain&Sea Health Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Current Ratio 4.28 0.00 3.20 2.13 2.06

SYH vs : Current Ratio Comparison

For the Packaged Foods subindustry, Mountain&Sea Health'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.


Mountain&Sea Health Current Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mountain&Sea Health's Current Ratio distribution charts can be found below:

* The bar in red indicates where Mountain&Sea Health's Current Ratio falls into.



Mountain&Sea Health 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.

Mountain&Sea Health's Current Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Current Ratio (A: Jun. 2024 )=Total Current Assets (A: Jun. 2024 )/Total Current Liabilities (A: Jun. 2024 )
=10.335/5.018
=2.06

Mountain&Sea Health'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 )
=10.335/5.018
=2.06

* 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 2.06 mean?
Mountain&Sea Health (SYH) has a Current Ratio of 2.06 as of Jun. 2024.
Is Mountain&Sea Health's Current Ratio too high?
Mountain&Sea Health's current Current Ratio is 2.06. The Consumer Packaged Goods industry median Current Ratio is 1.73. Mountain&Sea Health's value of 2.06 is 19.1% above this industry median.
How does Mountain&Sea Health's Current Ratio compare to ?
Mountain&Sea Health's Current Ratio of 2.06 can be compared against companies in the Consumer Packaged Goods industry. The industry median Current Ratio is 1.73. Mountain&Sea Health's value of 2.06 is 19.1% above 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 Consumer Packaged Goods company?
The median Current Ratio among Consumer Packaged Goods companies is 1.73, based on 1,988 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. Mountain&Sea Health's current Current Ratio of 2.06 is 19.1% above 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 Consumer Packaged Goods industry, the median Current Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mountain&Sea Health's current Current Ratio is 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mountain&Sea Health stock overvalued right now?
Mountain&Sea Health (SYH) has a current Current Ratio of 2.06. The current Current Ratio is 2.06 and 19.1% above the Consumer Packaged Goods industry median of 1.73. 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 Mountain&Sea Health (SYH), the current Current Ratio is 2.06 as of Jun. 2024. 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.

Mountain&Sea Health Business Description

Comparable Companies
Address No. 413 Gudun Road, 7th Floor, Wenxin Library Building, Xihu District, Zhejiang Province, Hangzhou, CHN, 310012
Mountain&Sea Health Inc is engaged in providing health solutions to the middle-aged and elderly populations, encompassing various health management services, health products, accommodation services and health camps in China. The company business is categorized into five main sections: Health Management Services, Selected Products, Health Foods, Accommodation Services, and Health Camps. Key revenue is generated from Health Foods which includes dietary and supplementary food products designed to meet the specific nutritional needs of the middle-aged and elderly. These products are manufactured and supplied by partners and are available in various offline sales scenarios.