Tenet Fintech Group Inc.

Tenet Fintech Group Inc.verified

PKKFF

Price:

$0.0849

Market Cap:

$19.96M

Tenet Fintech Group Inc., through its subsidiaries, operates in the commercial lending industry in China. It operates in two segments, Fintech Platform and Financial Services. The Fintech Platform segment provides procurement and distribution of products within supply chains or facilitating transactions in the commercial lending industry through technology platforms. The Financial Services segment offers commercial loans to entrepreneurs, and small and medium-sized businesses, as well as turn-key credit outsourcing services to banks and other lending institutions. The company was formerly known as Peak Fintech Group Inc. and changed its name to Tenet Fintech Group Inc. in November 2021. Tene...[Read more]

Industry

Software - Infrastructure

IPO Date

2014-07-07

Stock Exchange

PNK

Ticker

PKKFF

The Current Ratio as of November 2024 (TTM) for Tenet Fintech Group Inc. (PKKFF) is 1.93

According to Tenet Fintech Group Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.93. This represents a change of -21.75% compared to the average of 2.47 of the last 4 quarters.

Tenet Fintech Group Inc. (PKKFF) Historical Current Ratio (quarterly & annually)

How has PKKFF Current Ratio performed in the past?

The mean historical Current Ratio of Tenet Fintech Group Inc. over the last ten years is 6.66. The current 1.93 Current Ratio has changed 2.80% with respect to the historical average. Over the past ten years (40 quarters), PKKFF's Current Ratio was at its highest in in the March 2018 quarter at 66.99. The Current Ratio was at its lowest in in the September 2015 quarter at 0.03.

Quarterly (TTM)
Annual

Average

6.66

Median

2.19

Minimum

0.06

Maximum

47.37

Tenet Fintech Group Inc. (PKKFF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tenet Fintech Group Inc. 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 = 10.68%

Maximum Annual Current Ratio = 47.37

Minimum Annual Increase = -94.19%

Minimum Annual Current Ratio = 0.06

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.39-50.23%
20224.803.26%
20214.64146.24%
20201.89-5.31%
20191.99-27.69%
20182.75-94.19%
201747.3710.68%
20160.4440.85%
20150.31443.94%
20140.06-67.66%

Tenet Fintech Group Inc. (PKKFF) Average Current Ratio

How has PKKFF Current Ratio performed in the past?

The current Current Ratio of Tenet Fintech Group Inc. (PKKFF) 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

3.94

5-year avg

3.14

10-year avg

6.66

Tenet Fintech Group Inc. (PKKFF) Current Ratio vs. Peers

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

Tenet Fintech Group Inc.’s Current Ratio is greater than Argentum 47, Inc. (0.15), greater than Arax Holdings Corp. (1.51), greater than Fobi AI Inc. (1.00), greater than AppTech Payments Corp. (0.06), greater than NowVertical Group Inc. (0.72), less than AMPD Ventures Inc. (0), greater than Seeing Machines Limited (1.11), greater than The Glimpse Group, Inc. (1.89), greater than EverCommerce Inc. (0.83), greater than International Money Express, Inc. (1.81), greater than EVERTEC, Inc. (1.80), greater than EngageSmart, Inc. (0.00), less than NetScout Systems, Inc. (6.71), greater than null (1.68),

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