Provision Information Coltd Stock Current Ratio
| 6590 Stock | TWD 90.00 0.60 0.67% |
Provision Information CoLtd fundamentals help investors to digest information that contributes to Provision Information's financial success or failures. It also enables traders to predict the movement of Provision Stock. The fundamental analysis module provides a way to measure Provision Information'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 Provision Information stock.
Provision |
Provision Information CoLtd Company Current Ratio Analysis
Provision Information'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 Provision Information Current Ratio | 2.26 X |
Most of Provision Information'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, Provision Information CoLtd 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, Provision Information CoLtd has a Current Ratio of 2.26 times. This is 20.14% lower than that of the Technology sector and 7.62% higher than that of the Software - Application industry. The current ratio for all Taiwan stocks is 4.63% lower than that of the firm.
Provision Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Provision Information'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 Provision Information could also be used in its relative valuation, which is a method of valuing Provision Information by comparing valuation metrics of similar companies.Provision Information is currently under evaluation in current ratio category among related companies.
Provision Fundamentals
| Price To Earning | 17.48 X | |||
| EBITDA | 43.18 M | |||
| Net Income | 26.48 M | |||
| Cash And Equivalents | 68.48 M | |||
| Cash Per Share | 4.50 X | |||
| Total Debt | 60.85 M | |||
| Debt To Equity | 22.00 % | |||
| Current Ratio | 2.26 X | |||
| Book Value Per Share | 17.43 X | |||
| Cash Flow From Operations | 22.1 M | |||
| Earnings Per Share | 1.92 X | |||
| Number Of Employees | 12 | |||
| Beta | -0.02 | |||
| Market Capitalization | 510.04 M | |||
| Z Score | 4.8 | |||
| Last Dividend Paid | 1.5 |
About Provision Information Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Provision Information CoLtd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Provision Information using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Provision Information CoLtd 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 Provision Information CoLtd. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Provision Stock analysis
When running Provision Information's price analysis, check to measure Provision Information'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 Provision Information is operating at the current time. Most of Provision Information's value examination focuses on studying past and present price action to predict the probability of Provision Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Provision Information's price. Additionally, you may evaluate how the addition of Provision Information to your portfolios can decrease your overall portfolio volatility.
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