First Hotel Co Stock Current Ratio

2706 Stock  TWD 14.80  0.05  0.34%   
First Hotel Co fundamentals help investors to digest information that contributes to First Hotel's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Hotel'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 First Hotel stock.
  
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First Hotel Co Company Current Ratio Analysis

First Hotel'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 First Hotel Current Ratio

    
  17.87 X  
Most of First Hotel'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, First Hotel Co 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, First Hotel Co has a Current Ratio of 17.87 times. This is much higher than that of the Hotels, Restaurants & Leisure sector and notably higher than that of the Consumer Discretionary industry. The current ratio for all Taiwan stocks is notably lower than that of the firm.

First Current Ratio Peer Comparison

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

First Fundamentals

About First Hotel Fundamental Analysis

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

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