Aces Electronics Co Stock Current Ratio
| 3605 Stock | TWD 40.20 1.00 2.43% |
Aces Electronics Co fundamentals help investors to digest information that contributes to Aces Electronics' financial success or failures. It also enables traders to predict the movement of Aces Stock. The fundamental analysis module provides a way to measure Aces Electronics' 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 Aces Electronics stock.
Aces |
Aces Electronics Co Company Current Ratio Analysis
Aces Electronics' 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 Aces Electronics Current Ratio | 2.03 X |
Most of Aces Electronics' 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, Aces Electronics Co 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, Aces Electronics Co has a Current Ratio of 2.03 times. This is 28.27% lower than that of the Electronic Equipment, Instruments & Components sector and 33.22% lower than that of the Information Technology industry. The current ratio for all Taiwan stocks is 6.02% higher than that of the company.
Aces Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aces Electronics' 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 Aces Electronics could also be used in its relative valuation, which is a method of valuing Aces Electronics by comparing valuation metrics of similar companies.Aces Electronics is currently under evaluation in current ratio category among related companies.
Aces Fundamentals
| Return On Equity | 0.0819 | |||
| Return On Asset | 0.0084 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 5.73 B | |||
| Shares Outstanding | 134.42 M | |||
| Shares Owned By Insiders | 32.60 % | |||
| Shares Owned By Institutions | 1.89 % | |||
| Price To Earning | 8.44 X | |||
| Price To Book | 0.77 X | |||
| Price To Sales | 0.41 X | |||
| Revenue | 10.58 B | |||
| Gross Profit | 2.43 B | |||
| EBITDA | 1.23 B | |||
| Net Income | 510.86 M | |||
| Cash And Equivalents | 2.09 B | |||
| Cash Per Share | 17.05 X | |||
| Total Debt | 2.06 B | |||
| Debt To Equity | 42.30 % | |||
| Current Ratio | 2.03 X | |||
| Book Value Per Share | 43.68 X | |||
| Cash Flow From Operations | 1.04 B | |||
| Earnings Per Share | 2.77 X | |||
| Price To Earnings To Growth | 1.54 X | |||
| Target Price | 73.8 | |||
| Number Of Employees | 17 | |||
| Beta | 1.27 | |||
| Market Capitalization | 4.48 B | |||
| Total Asset | 12.87 B | |||
| Retained Earnings | 2.16 B | |||
| Working Capital | 2.44 B | |||
| Current Asset | 4.28 B | |||
| Current Liabilities | 1.84 B | |||
| Z Score | 1.2 | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 2.51 % | |||
| Net Asset | 12.87 B | |||
| Last Dividend Paid | 1.5 |
About Aces Electronics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aces Electronics Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aces Electronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aces Electronics Co 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aces Electronics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aces Electronics' short interest history, or implied volatility extrapolated from Aces Electronics options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aces Electronics Co. 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Aces Stock analysis
When running Aces Electronics' price analysis, check to measure Aces Electronics' 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 Aces Electronics is operating at the current time. Most of Aces Electronics' value examination focuses on studying past and present price action to predict the probability of Aces Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aces Electronics' price. Additionally, you may evaluate how the addition of Aces Electronics to your portfolios can decrease your overall portfolio volatility.
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