The9 Limited Current Ratio

Current Ratio of NCTY for past 10 years: annual, quarterly and twelve month trailing (TTM) including Current Ratio growth rates and interactive chart. The current ratio is a liquidity ratio that measures whether a firm has enough resources to meet its short-term obligations. It is calculated as current assets divided by current liabilities. A ratio below 1 indicates potential trouble for a company, as it doesn't have enough current assets to pay for its short-term liabilities. A ratio above 2 is usually considered healthy.

Highlights and Quick Summary

  • Current Ratio for the quarter ending June 29, 2021 was 2.43 (a 1994.66% increase compared to previous quarter)
  • Year-over-year quarterly Current Ratio increased by 1565.68%
  • Annual Current Ratio for 2020 was 0.12 (a -20.48% decrease from previous year)
  • Annual Current Ratio for 2019 was 0.15 (a 302.2% increase from previous year)
  • Annual Current Ratio for 2018 was 0.04 (a -83.76% decrease from previous year)
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Historical Current Ratio of The9 Limited

Most recent Current Ratioof NCTY including historical data for past 10 years.

Interactive Chart of Current Ratio of The9 Limited

The9 Limited Current Ratio for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 2.43
2020 0.12 0.15 0.12
2019 0.15 0.03 0.15
2018 0.04 0.04
2017 0.22
2016 0.15
2015 0.18
2014 0.86
2013 1.29 1.74 0.66
2012 2.09 2.69 3.02 3.36 2.09
2011 3.75 4.85 5.2 5.32 3.75

Business Profile of The9 Limited

Sector: Communication Services
Industry: Electronic Gaming & Multimedia
The9 Limited, together with its subsidiaries, operates as an Internet company in the People's Republic of China. The company primarily focuses on developing cryptocurrencies mining business. It also operates and develops proprietary or licensed online games, primarily mobile games and TV games. The company was formerly known as Limited and changed its name to The9 Limited in February 2004. The9 Limited was incorporated in 1999 and is headquartered in Shanghai, the People's Republic of China.