Tian Ruixiang Holdings Ltd

Tian Ruixiang Holdings Ltdverified

TIRX

Price:

$1.78

Market Cap:

$4.24M

Tian Ruixiang Holdings Ltd, together its subsidiaries, operates as an insurance broker in China and the United States. The company distributes a range of insurance products, including property and casualty insurance, such as automobile insurance, commercial property insurance, liability insurance, and accidental insurance; and life insurance comprising individual and group life insurances. It serves individual or institutional customers. Tian Ruixiang Holdings Ltd was founded in 2010 and is headquartered in Beijing, China.[Read more]

Industry

Insurance - Brokers

IPO Date

2021-01-28

Stock Exchange

NASDAQ

Ticker

TIRX

The Current Ratio as of November 2024 (TTM) for Tian Ruixiang Holdings Ltd (TIRX) is 5.06

According to Tian Ruixiang Holdings Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 5.06. This represents a change of -28.11% compared to the average of 7.04 of the last 4 quarters.

Tian Ruixiang Holdings Ltd (TIRX) Historical Current Ratio (quarterly & annually)

How has TIRX Current Ratio performed in the past?

The mean historical Current Ratio of Tian Ruixiang Holdings Ltd over the last ten years is 12.50. The current 5.06 Current Ratio has changed 3.95% with respect to the historical average. Over the past ten years (40 quarters), TIRX's Current Ratio was at its highest in in the January 2022 quarter at 28.55. The Current Ratio was at its lowest in in the January 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

12.50

Median

9.02

Minimum

2.51

Maximum

28.30

Tian Ruixiang Holdings Ltd (TIRX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tian Ruixiang Holdings Ltd 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 = 281.43%

Maximum Annual Current Ratio = 28.30

Minimum Annual Increase = -61.35%

Minimum Annual Current Ratio = 2.51

Quarterly (TTM)
Annual
YearCurrent RatioChange
20239.02-61.35%
202223.33-17.55%
202128.30281.43%
20207.42-27.48%
201910.2353.46%
20186.67165.70%

Tian Ruixiang Holdings Ltd (TIRX) Average Current Ratio

How has TIRX Current Ratio performed in the past?

The current Current Ratio of Tian Ruixiang Holdings Ltd (TIRX) 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

20.22

5-year avg

15.66

10-year avg

12.50

Tian Ruixiang Holdings Ltd (TIRX) Current Ratio vs. Peers

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

Tian Ruixiang Holdings Ltd’s Current Ratio is greater than Reliance Global Group, Inc. (1.13), greater than SelectQuote, Inc. (1.84), greater than GoHealth, Inc. (1.18), greater than Brown & Brown, Inc. (1.15), greater than Fanhua Inc. (2.59), greater than CorVel Corporation (1.71), greater than Erie Indemnity Company (0.73), greater than BRP Group, Inc. (0.90), less than eHealth, Inc. (6.33), greater than Huize Holding Limited (1.48), greater than Crawford & Company (1.28),

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