17 Education & Technology Group Inc.

17 Education & Technology Group Inc.verified

YQ

Price:

$1.57

Market Cap:

$88.73M

17 Education & Technology Group Inc., an education technology company, provides education and education technology services in the People's Republic of China. The company also provides educational services comprising membership-based educational content subscriptions to à la carte workbooks, study plans, and associated services. It also offers teaching and learning SaaS solutions, such as education informatization services for education-related government entities, schools, and service providers. 17 Education & Technology Group Inc. was incorporated in 2012 and is headquartered in Beijing, the People's Republic of China.[Read more]

Industry

Education & Training Services

IPO Date

2020-12-04

Stock Exchange

NASDAQ

Ticker

YQ

The Current Ratio as of December 2024 (TTM) for 17 Education & Technology Group Inc. (YQ) is 3.50

According to 17 Education & Technology Group Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.50. This represents a change of -1.15% compared to the average of 3.54 of the last 4 quarters.

17 Education & Technology Group Inc. (YQ) Historical Current Ratio (quarterly & annually)

How has YQ Current Ratio performed in the past?

The mean historical Current Ratio of 17 Education & Technology Group Inc. over the last ten years is 2.92. The current 3.50 Current Ratio has changed 11.91% with respect to the historical average. Over the past ten years (40 quarters), YQ's Current Ratio was at its highest in in the September 2022 quarter at 4.70. The Current Ratio was at its lowest in in the March 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

2.92

Median

3.01

Minimum

1.11

Maximum

4.27

17 Education & Technology Group Inc. (YQ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of 17 Education & Technology 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 = 127.06%

Maximum Annual Current Ratio = 4.27

Minimum Annual Increase = -73.13%

Minimum Annual Current Ratio = 1.11

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.49-18.12%
20224.27116.99%
20211.97-22.22%
20202.53127.06%
20191.11-73.13%

17 Education & Technology Group Inc. (YQ) Average Current Ratio

How has YQ Current Ratio performed in the past?

The current Current Ratio of 17 Education & Technology Group Inc. (YQ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.24

5-year avg

2.67

10-year avg

2.92

17 Education & Technology Group Inc. (YQ) Current Ratio vs. Peers

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

17 Education & Technology Group Inc.’s Current Ratio is less than Arco Platform Limited (0), greater than Sunlands Technology Group (1.22), greater than iHuman Inc. (1.09), greater than Gaotu Techedu Inc. (2.89), greater than New Oriental Education & Technology Group Inc. (1.20), greater than Chegg, Inc. (1.85), greater than Elite Education Group International Limited (0.91), greater than Vitru Limited (1.71), greater than Universal Technical Institute, Inc. (1.22), greater than ATA Creativity Global (1.08), greater than Cogna Educação S.A. (0.16), greater than null (1.61),

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