Lumax International Corp Stock Current Ratio
| 6192 Stock | TWD 117.00 9.00 8.33% |
Lumax International Corp fundamentals help investors to digest information that contributes to Lumax International's financial success or failures. It also enables traders to predict the movement of Lumax Stock. The fundamental analysis module provides a way to measure Lumax International'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 Lumax International stock.
Lumax |
Lumax International Corp Company Current Ratio Analysis
Lumax International'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 Lumax International Current Ratio | 2.44 X |
Most of Lumax International'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, Lumax International 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, Lumax International Corp has a Current Ratio of 2.44 times. This is 13.78% lower than that of the Trading Companies & Distributors sector and 14.39% lower than that of the Industrials industry. The current ratio for all Taiwan stocks is 12.96% lower than that of the firm.
Lumax Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Lumax International'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 Lumax International could also be used in its relative valuation, which is a method of valuing Lumax International by comparing valuation metrics of similar companies.Lumax International is currently under evaluation in current ratio category among related companies.
Lumax Fundamentals
| Return On Equity | 0.16 | |||
| Return On Asset | 0.076 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.17 % | |||
| Current Valuation | 3.59 B | |||
| Shares Outstanding | 96.16 M | |||
| Shares Owned By Insiders | 21.11 % | |||
| Shares Owned By Institutions | 23.15 % | |||
| Price To Earning | 11.28 X | |||
| Price To Book | 1.15 X | |||
| Price To Sales | 1.03 X | |||
| Revenue | 6.27 B | |||
| Gross Profit | 2.06 B | |||
| EBITDA | 1.18 B | |||
| Net Income | 850.78 M | |||
| Cash And Equivalents | 2.9 B | |||
| Cash Per Share | 27.18 X | |||
| Total Debt | 136.04 M | |||
| Debt To Equity | 2.90 % | |||
| Current Ratio | 2.44 X | |||
| Book Value Per Share | 61.45 X | |||
| Cash Flow From Operations | 911.07 M | |||
| Earnings Per Share | 9.31 X | |||
| Target Price | 85.79 | |||
| Number Of Employees | 13 | |||
| Beta | 0.66 | |||
| Market Capitalization | 7.01 B | |||
| Total Asset | 9.11 B | |||
| Retained Earnings | 2.79 B | |||
| Working Capital | 3.49 B | |||
| Current Asset | 5.21 B | |||
| Current Liabilities | 1.72 B | |||
| Z Score | 30.6 | |||
| Annual Yield | 0.07 % | |||
| Five Year Return | 5.11 % | |||
| Net Asset | 9.11 B | |||
| Last Dividend Paid | 4.44 |
About Lumax International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Lumax International Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lumax International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lumax International 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.
Thematic Opportunities
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lumax International Corp. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Lumax Stock analysis
When running Lumax International's price analysis, check to measure Lumax International'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 Lumax International is operating at the current time. Most of Lumax International's value examination focuses on studying past and present price action to predict the probability of Lumax International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lumax International's price. Additionally, you may evaluate how the addition of Lumax International to your portfolios can decrease your overall portfolio volatility.
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