Westone Information Industry Stock Current Ratio

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).

In accordance with the recently published financial statements, Westone Information Industry has a Current Ratio of 0.0 times. This indicator is about the same for the Electronic Equipment, Instruments & Components average (which is currently at 0.0) sector and about the same as Information Technology (which currently averages 0.0) industry. This indicator is about the same for all China stocks average (which is currently at 0.0).

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

Westone Information financial ratios help investors to determine whether Westone Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Westone with respect to the benefits of owning Westone Information security.