Taiwan Chelic Corp Stock Current Ratio
4555 Stock | TWD 39.00 0.75 1.96% |
Taiwan Chelic Corp fundamentals help investors to digest information that contributes to Taiwan Chelic's financial success or failures. It also enables traders to predict the movement of Taiwan Stock. The fundamental analysis module provides a way to measure Taiwan Chelic'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 Taiwan Chelic stock.
Taiwan |
Taiwan Chelic Corp Company Current Ratio Analysis
Taiwan Chelic'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 Taiwan Chelic Current Ratio | 4.46 X |
Most of Taiwan Chelic'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, Taiwan Chelic 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).
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In accordance with the recently published financial statements, Taiwan Chelic Corp has a Current Ratio of 4.46 times. This is 57.6% higher than that of the Machinery sector and 46.71% higher than that of the Industrials industry. The current ratio for all Taiwan stocks is 106.48% lower than that of the firm.
Taiwan Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Taiwan Chelic'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 Taiwan Chelic could also be used in its relative valuation, which is a method of valuing Taiwan Chelic by comparing valuation metrics of similar companies.Taiwan Chelic is currently under evaluation in current ratio category among its peers.
Taiwan Fundamentals
Return On Equity | 0.0692 | |||
Return On Asset | 0.0291 | |||
Profit Margin | 0.1 % | |||
Operating Margin | 0.12 % | |||
Current Valuation | 4.18 B | |||
Shares Outstanding | 67.49 M | |||
Shares Owned By Insiders | 85.29 % | |||
Shares Owned By Institutions | 0.03 % | |||
Price To Earning | 29.55 X | |||
Price To Book | 1.17 X | |||
Price To Sales | 1.78 X | |||
Revenue | 2.03 B | |||
Gross Profit | 725.19 M | |||
EBITDA | 474.74 M | |||
Net Income | 234.1 M | |||
Cash And Equivalents | 733.16 M | |||
Cash Per Share | 10.96 X | |||
Total Debt | 909.28 M | |||
Debt To Equity | 39.20 % | |||
Current Ratio | 4.46 X | |||
Book Value Per Share | 42.82 X | |||
Cash Flow From Operations | 162.82 M | |||
Earnings Per Share | 2.41 X | |||
Target Price | 61.0 | |||
Number Of Employees | 12 | |||
Beta | 0.25 | |||
Market Capitalization | 3.35 B | |||
Total Asset | 4.56 B | |||
Retained Earnings | 1.38 B | |||
Working Capital | 915 M | |||
Current Asset | 1.5 B | |||
Current Liabilities | 588 M | |||
Z Score | 1.8 | |||
Annual Yield | 0.04 % | |||
Net Asset | 4.56 B | |||
Last Dividend Paid | 1.8 |
About Taiwan Chelic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Taiwan Chelic Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Taiwan Chelic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Taiwan Chelic 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Taiwan Stock Analysis
When running Taiwan Chelic's price analysis, check to measure Taiwan Chelic'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 Taiwan Chelic is operating at the current time. Most of Taiwan Chelic's value examination focuses on studying past and present price action to predict the probability of Taiwan Chelic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Chelic's price. Additionally, you may evaluate how the addition of Taiwan Chelic to your portfolios can decrease your overall portfolio volatility.