Concord Medical Services Holdings Limited

Concord Medical Services Holdings Limitedverified

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

The Current Ratio as of December 2024 (TTM) for Concord Medical Services Holdings Limited (CCM) is 0.47

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.

Concord Medical Services Holdings Limited (CCM) Historical Current Ratio (quarterly & annually)

How has CCM Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

1.01

Median

1.00

Minimum

0.32

Maximum

1.90

Concord Medical Services Holdings Limited (CCM) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.32-53.33%
20220.68-6.72%
20210.73-44.96%
20201.32193.20%
20190.45-68.11%
20181.4140.81%
20171.00-20.19%
20161.2626.66%
20150.99-47.83%
20141.9071.33%

Concord Medical Services Holdings Limited (CCM) Average Current Ratio

How has CCM Current Ratio performed in the past?

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 (CCM) Current Ratio vs. Peers

How is CCM’s Current Ratio compared to its peers?

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),

Build a custom stock screener for Concord Medical Services Holdings Limited (CCM) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Concord Medical Services Holdings Limited using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Concord Medical Services Holdings Limited (CCM) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Concord Medical Services Holdings Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Concord Medical Services Holdings Limited's Current Ratio?

How is the Current Ratio calculated for Concord Medical Services Holdings Limited (CCM)?

What is the highest Current Ratio for Concord Medical Services Holdings Limited (CCM)?

What is the 3-year average Current Ratio for Concord Medical Services Holdings Limited (CCM)?

What is the 5-year average Current Ratio for Concord Medical Services Holdings Limited (CCM)?

How does the current Current Ratio for Concord Medical Services Holdings Limited (CCM) compare to its historical average?