Unitech Printed Circuit Stock Current Ratio

2367 Stock  TWD 26.30  0.10  0.38%   
Unitech Printed Circuit fundamentals help investors to digest information that contributes to Unitech Printed's financial success or failures. It also enables traders to predict the movement of Unitech Stock. The fundamental analysis module provides a way to measure Unitech Printed'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 Unitech Printed 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.

Unitech Printed Circuit Company Current Ratio Analysis

Unitech Printed'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 Unitech Printed Current Ratio

    
  1.13 X  
Most of Unitech Printed'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, Unitech Printed Circuit 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, Unitech Printed Circuit has a Current Ratio of 1.13 times. This is 60.07% lower than that of the Electronic Equipment, Instruments & Components sector and 62.83% lower than that of the Information Technology industry. The current ratio for all Taiwan stocks is 47.69% higher than that of the company.

Unitech Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Unitech Printed'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 Unitech Printed could also be used in its relative valuation, which is a method of valuing Unitech Printed by comparing valuation metrics of similar companies.
Unitech Printed is currently under evaluation in current ratio category among related companies.

Unitech Fundamentals

About Unitech Printed Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Unitech Printed Circuit's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Unitech Printed using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Unitech Printed Circuit 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Unitech Printed Circuit. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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Please note, there is a significant difference between Unitech Printed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unitech Printed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unitech Printed's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.