CCM
Price:
$4.5
Market Cap:
$142.54M
Concord Medical Services Holdings Limited, together its subsidiaries, operates a network of radiotherapy and diagnostic imaging centers in the People's Republic of China. The company operates in two segments, Network and Hospital. Its services include linear accelerators external beam radiotherapy, gamma knife radiosurgery, head gamma knife systems, body gamma knife systems, and diagnostic imaging services. The company's other treatments and diagnostic services comprise computed tomography scanners. In addition, it provides clinical support services, such as developing treatment protocols for doctors, and organizing joint diagnosis between doctors in its network and clinical research, as wel...[Read more]
Industry
Medical - Care Facilities
IPO Date
2009-12-11
Stock Exchange
NYSE
Ticker
CCM
According to Concord Medical Services Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.47. This represents a change of 19.94% compared to the average of 0.40 of the last 4 quarters.
The mean historical Current Ratio of Concord Medical Services Holdings Limited over the last ten years is 1.01. The current 0.47 Current Ratio has changed 4.61% with respect to the historical average. Over the past ten years (40 quarters), CCM's Current Ratio was at its highest in in the March 2015 quarter at 1.99. The Current Ratio was at its lowest in in the September 2023 quarter at 0.32.
Average
1.01
Median
1.00
Minimum
0.32
Maximum
1.90
Discovering the peaks and valleys of Concord Medical Services Holdings Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 193.20%
Maximum Annual Current Ratio = 1.90
Minimum Annual Increase = -68.11%
Minimum Annual Current Ratio = 0.32
Year | Current Ratio | Change |
---|---|---|
2023 | 0.32 | -53.33% |
2022 | 0.68 | -6.72% |
2021 | 0.73 | -44.96% |
2020 | 1.32 | 193.20% |
2019 | 0.45 | -68.11% |
2018 | 1.41 | 40.81% |
2017 | 1.00 | -20.19% |
2016 | 1.26 | 26.66% |
2015 | 0.99 | -47.83% |
2014 | 1.90 | 71.33% |
The current Current Ratio of Concord Medical Services Holdings Limited (CCM) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.57
5-year avg
0.70
10-year avg
1.01
Concord Medical Services Holdings Limited’s Current Ratio is less than The Pennant Group, Inc. (0), less than Encompass Health Corporation (1.12), less than Enhabit, Inc. (1.04), less than National HealthCare Corporation (1.46), less than American Shared Hospital Services (1.80), less than Sonida Senior Living, Inc. (1.46), less than The Oncology Institute, Inc. (2.34), less than The Joint Corp. (2.49), less than The Ensign Group, Inc. (1.44), less than Select Medical Holdings Corporation (1.56), less than InnovAge Holding Corp. (1.13), less than null (1.21),
Company | Current Ratio | Market cap |
---|---|---|
0 | $921.57M | |
1.12 | $9.49B | |
1.04 | $384.67M | |
1.46 | $1.71B | |
1.80 | $20.90M | |
1.46 | $440.71M | |
2.34 | $15.42M | |
2.49 | $150.88M | |
1.44 | $7.67B | |
1.56 | $2.47B | |
1.13 | $571.62M | |
1.21 | $0 |
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