NIO Current Ratio 2019-2023 | NIO

Current and historical current ratio for NIO (NIO) from 2019 to 2023. Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. NIO current ratio for the three months ending December 31, 2023 was 1.22.
NIO Current Ratio Historical Data
Date Current Assets Current Liabilities Current Ratio
2023-12-31 $9.91B $8.14B 1.22
2023-09-30 $8.32B $7.60B 1.09
2023-06-30 $6.61B $6.63B 1.00
2023-03-31 $7.52B $5.89B 1.28
2022-12-31 $8.58B $6.65B 1.29
2022-09-30 $8.87B $5.59B 1.59
2022-06-30 $9.68B $5.16B 1.88
2022-03-31 $10.14B $5.03B 2.02
2021-12-31 $9.99B $4.58B 2.18
2021-09-30 $8.43B $4.13B 2.04
2021-06-30 $8.47B $3.41B 2.48
2021-03-31 $7.96B $2.60B 3.06
2020-12-31 $7.08B $2.14B 3.31
2020-09-30 $3.88B $1.60B 2.42
2020-06-30 $2.14B $1.85B 1.16
2020-03-31 $0.90B $1.71B 0.53
2019-12-31 $0.71B $1.36B 0.52
2019-09-30 $0.98B $1.25B 0.78
2019-06-30 $1.17B $1.20B 0.97
2019-03-31 $1.71B $1.15B 1.49
2018-09-30 $1.79B $0.70B 2.56
Sector Industry Market Cap Revenue
Auto/Tires/Trucks Auto Manufacturers - Foreign $7.581B $7.834B
NIO is a pioneer in China's EV market. NIO's unique selling proposition is to provide EVs at competitive pricing. Importantly, NIO does not really manufacture its own cars. It contracts state-owned JAC Motors, headquartered in eastern China's Anhui province, to make vehicles. In turn, JAC charges fee for every car. In fact, NIO does not have a dealership network and instead sells its vehicles through apps and a network of swanky NIO Houses, located in some of the most expensive areas of China's largest cities.
Stock Name Country Market Cap PE Ratio
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Vicinity Motor (VEV) Canada $0.030B 0.00
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Kaixin Holdings (KXIN) China $0.008B 0.00
Jiuzi Holdings (JZXN) China $0.001B 0.00
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