Largan Precision Co Stock Current Ratio

3008 Stock  TWD 2,380  15.00  0.63%   
LARGAN Precision Co fundamentals help investors to digest information that contributes to LARGAN Precision's financial success or failures. It also enables traders to predict the movement of LARGAN Stock. The fundamental analysis module provides a way to measure LARGAN Precision'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 LARGAN Precision 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.

LARGAN Precision Co Company Current Ratio Analysis

LARGAN Precision'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 LARGAN Precision Current Ratio

    
  3.99 X  
Most of LARGAN Precision'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, LARGAN Precision 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, LARGAN Precision Co has a Current Ratio of 3.99 times. This is 40.99% higher than that of the Electronic Equipment, Instruments & Components sector and 31.25% higher than that of the Information Technology industry. The current ratio for all Taiwan stocks is 84.72% lower than that of the firm.

LARGAN Current Ratio Peer Comparison

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

LARGAN Fundamentals

About LARGAN Precision Fundamental Analysis

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

Also Currently Popular

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 LARGAN Stock Analysis

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