Coxon Precise Industrial Stock Current Ratio

3607 Stock  TWD 18.45  0.15  0.82%   
Coxon Precise Industrial fundamentals help investors to digest information that contributes to Coxon Precise's financial success or failures. It also enables traders to predict the movement of Coxon Stock. The fundamental analysis module provides a way to measure Coxon Precise'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 Coxon Precise 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.

Coxon Precise Industrial Company Current Ratio Analysis

Coxon Precise'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 Coxon Precise Current Ratio

    
  1.87 X  
Most of Coxon Precise'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, Coxon Precise Industrial 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, Coxon Precise Industrial has a Current Ratio of 1.87 times. This is 17.62% lower than that of the Electronic Equipment, Instruments & Components sector and 28.9% lower than that of the Information Technology industry. The current ratio for all Taiwan stocks is 13.43% higher than that of the company.

Coxon Current Ratio Peer Comparison

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

Coxon Fundamentals

About Coxon Precise Fundamental Analysis

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

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