Tian Ruixiang Holdings Current Ratio Growth & History (TIRXF)
Tian Ruixiang Holdings's current ratio was 0.97 for fiscal 2024.
View full Tian Ruixiang Holdings company overviewTian Ruixiang Holdings annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-10-31 | 0.97 | −8.05 | −89.27% |
| 2023 | 2023-10-31 | 9.02 | −14.31 | −61.35% |
| 2022 | 2022-10-31 | 23.33 | −4.97 | −17.55% |
| 2021 | 2021-10-31 | 28.30 | 20.88 | +281.43% |
| 2020 | 2020-10-31 | 7.42 | −2.81 | −27.48% |
| 2019 | 2019-10-31 | 10.23 | — | — |
Tian Ruixiang Holdings quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2025 | 2025-04-30 | 0.90 | −4.16 | −82.23% |
| Q4 2024 | 2024-10-31 | 0.97 | −8.05 | −89.27% |
| Q2 2024 | 2024-04-30 | 5.06 | −10.08 | −66.58% |
| Q4 2023 | 2023-10-31 | 9.02 | −14.31 | −61.35% |
| Q2 2023 | 2023-04-30 | 15.14 | −13.41 | −46.96% |
| Q4 2022 | 2022-10-31 | 23.33 | −4.97 | −17.55% |
| Q2 2022 | 2022-04-30 | 28.55 | — | — |
| Q4 2021 | 2021-10-31 | 28.30 | 20.88 | +281.43% |
| Q4 2020 | 2020-10-31 | 7.42 | −2.81 | −27.48% |
| Q4 2019 | 2019-10-31 | 10.23 | — | — |
Tian Ruixiang Holdings current ratio trends
Over the last five fiscal years, Tian Ruixiang Holdings's current ratio decreased from 10.23 to 0.97, a change of −9.26. The latest reported quarter, Q2 2025, shows 0.90.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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