Glory Star New Media Group Holdings Limited

Glory Star New Media Group Holdings Limitedverified

GSMG

Price:

$0.405

Market Cap:

$40.65M

Glory Star New Media Group Holdings Limited, through its subsidiaries, provides advertisement and content production services in the People's Republic of China. The company also engages in mobile and online digital advertising, and media and entertainment businesses. In addition, it operates CHEERS app, an e-commerce platform that allows users to access online store, live streaming, series TV shows, and online games, as well as online short videos, variety shows, and dramas. It is also developing CheerCar App, an interactive entertainment app; and CheerChat App, an overseas social audio app. Glory Star New Media Group Holdings Limited was founded in 2016 and is headquartered in Beijing, the ...[Read more]

Industry

Advertising Agencies

IPO Date

2018-09-12

Stock Exchange

NASDAQ

Ticker

GSMG

The Current Ratio as of September 2024 (TTM) for Glory Star New Media Group Holdings Limited (GSMG) is 7.43

According to Glory Star New Media Group Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 7.43. This represents a change of 14.14% compared to the average of 6.51 of the last 4 quarters.

Glory Star New Media Group Holdings Limited (GSMG) Historical Current Ratio (quarterly & annually)

How has GSMG Current Ratio performed in the past?

The mean historical Current Ratio of Glory Star New Media Group Holdings Limited over the last ten years is 3.36. The current 7.43 Current Ratio has changed 21.98% with respect to the historical average. Over the past ten years (40 quarters), GSMG's Current Ratio was at its highest in in the September 2018 quarter at 34.29. The Current Ratio was at its lowest in in the December 2019 quarter at 0.10.

Quarterly (TTM)
Annual

Average

3.36

Median

3.38

Minimum

1.28

Maximum

5.59

Glory Star New Media Group Holdings Limited (GSMG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Glory Star New Media Group 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 = 81.28%

Maximum Annual Current Ratio = 5.59

Minimum Annual Increase = -24.11%

Minimum Annual Current Ratio = 1.28

Quarterly (TTM)
Annual
YearCurrent RatioChange
20225.5925.76%
20214.4452.34%
20202.92-24.11%
20193.8481.28%
20182.1265.93%

Glory Star New Media Group Holdings Limited (GSMG) Average Current Ratio

How has GSMG Current Ratio performed in the past?

The current Current Ratio of Glory Star New Media Group Holdings Limited (GSMG) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

4.32

5-year avg

3.78

10-year avg

3.36

Glory Star New Media Group Holdings Limited (GSMG) Current Ratio vs. Peers

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

Glory Star New Media Group Holdings Limited’s Current Ratio is less than PSYC Corporation (0), greater than Troika Media Group, Inc. (0.01), greater than Clubhouse Media Group, Inc. (0.49), greater than ZW Data Action Technologies Inc. (0.02), greater than MGO Global Inc. Common Stock (1.73), greater than Baosheng Media Group Holdings Limited (3.03), greater than Troika Media Group, Inc. (6.11), greater than National CineMedia, Inc. (0.49), greater than Mobiquity Technologies, Inc. (2.45), greater than null (0.17),

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