Union Insurance Co Stock Current Ratio

2816 Stock  TWD 31.90  0.10  0.31%   
Union Insurance Co fundamentals help investors to digest information that contributes to Union Insurance's financial success or failures. It also enables traders to predict the movement of Union Stock. The fundamental analysis module provides a way to measure Union Insurance'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 Union Insurance stock.
  
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Union Insurance Co Company Current Ratio Analysis

Union Insurance'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 Union Insurance Current Ratio

    
  0.72 X  
Most of Union Insurance'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, Union Insurance 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, Union Insurance Co has a Current Ratio of 0.72 times. This is 82.22% lower than that of the Insurance sector and 64.71% lower than that of the Financials industry. The current ratio for all Taiwan stocks is 66.67% higher than that of the company.

Union Current Ratio Peer Comparison

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

Union Fundamentals

About Union Insurance Fundamental Analysis

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

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