Uniform Industrial Corp Stock Current Ratio

2482 Stock  TWD 25.75  0.25  0.96%   
Uniform Industrial Corp fundamentals help investors to digest information that contributes to Uniform Industrial's financial success or failures. It also enables traders to predict the movement of Uniform Stock. The fundamental analysis module provides a way to measure Uniform Industrial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Uniform Industrial stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Uniform Industrial Corp Company Current Ratio Analysis

Uniform Industrial's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Uniform Industrial Current Ratio

    
  2.13 X  
Most of Uniform Industrial's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Uniform Industrial Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

In accordance with the recently published financial statements, Uniform Industrial Corp has a Current Ratio of 2.13 times. This is 24.73% lower than that of the Electronic Equipment, Instruments & Components sector and 60.19% lower than that of the Information Technology industry. The current ratio for all Taiwan stocks is 1.39% higher than that of the company.

Uniform Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Uniform Industrial's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Uniform Industrial could also be used in its relative valuation, which is a method of valuing Uniform Industrial by comparing valuation metrics of similar companies.
Uniform Industrial is currently under evaluation in current ratio category among its peers.

Uniform Fundamentals

About Uniform Industrial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Uniform Industrial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Uniform Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Uniform Industrial Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Uniform Stock Analysis

When running Uniform Industrial's price analysis, check to measure Uniform Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Uniform Industrial is operating at the current time. Most of Uniform Industrial's value examination focuses on studying past and present price action to predict the probability of Uniform Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uniform Industrial's price. Additionally, you may evaluate how the addition of Uniform Industrial to your portfolios can decrease your overall portfolio volatility.