Wei Chih Steel Stock Current Asset

2028 Stock   23.10  0.35  1.54%   
Wei Chih Steel fundamentals help investors to digest information that contributes to Wei Chih's financial success or failures. It also enables traders to predict the movement of Wei Stock. The fundamental analysis module provides a way to measure Wei Chih'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 Wei Chih 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.

Wei Chih Steel Company Current Asset Analysis

Wei Chih's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

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More About Current Asset | All Equity Analysis

Current Wei Chih Current Asset

    
  1.27 B  
Most of Wei Chih's fundamental indicators, such as Current Asset, 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, Wei Chih Steel is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

In accordance with the recently published financial statements, Wei Chih Steel has a Current Asset of 1.27 B. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current asset for all Taiwan stocks is notably lower than that of the firm.

Wei Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wei Chih's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wei Chih could also be used in its relative valuation, which is a method of valuing Wei Chih by comparing valuation metrics of similar companies.
Wei Chih is currently under evaluation in current asset category among its peers.

Wei Fundamentals

About Wei Chih Fundamental Analysis

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

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Wei Stock Analysis

When running Wei Chih's price analysis, check to measure Wei Chih'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 Wei Chih is operating at the current time. Most of Wei Chih's value examination focuses on studying past and present price action to predict the probability of Wei Chih's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wei Chih's price. Additionally, you may evaluate how the addition of Wei Chih to your portfolios can decrease your overall portfolio volatility.