Weltrend Semiconductor Stock Current Ratio

2436 Stock  TWD 51.10  1.00  1.92%   
Weltrend Semiconductor fundamentals help investors to digest information that contributes to Weltrend Semiconductor's financial success or failures. It also enables traders to predict the movement of Weltrend Stock. The fundamental analysis module provides a way to measure Weltrend Semiconductor'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 Weltrend Semiconductor 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.

Weltrend Semiconductor Company Current Ratio Analysis

Weltrend Semiconductor'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 Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Weltrend Semiconductor Current Ratio

    
  5.60 X  
Most of Weltrend Semiconductor'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, Weltrend Semiconductor 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, Weltrend Semiconductor has a Current Ratio of 5.6 times. This is 97.88% higher than that of the Semiconductors & Semiconductor Equipment sector and 13.59% higher than that of the Information Technology industry. The current ratio for all Taiwan stocks is 159.26% lower than that of the firm.

Weltrend Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Weltrend Semiconductor'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 Weltrend Semiconductor could also be used in its relative valuation, which is a method of valuing Weltrend Semiconductor by comparing valuation metrics of similar companies.
Weltrend Semiconductor is currently under evaluation in current ratio category among its peers.

Weltrend Fundamentals

About Weltrend Semiconductor Fundamental Analysis

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

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