Global Brands Manufacture Stock Current Ratio

6191 Stock  TWD 57.60  0.40  0.70%   
Global Brands Manufacture fundamentals help investors to digest information that contributes to Global Brands' financial success or failures. It also enables traders to predict the movement of Global Stock. The fundamental analysis module provides a way to measure Global Brands' 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 Global Brands 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.

Global Brands Manufacture Company Current Ratio Analysis

Global Brands' 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 Global Brands Current Ratio

    
  1.58 X  
Most of Global Brands' 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, Global Brands Manufacture 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, Global Brands Manufacture has a Current Ratio of 1.58 times. This is 44.17% lower than that of the Electronic Equipment, Instruments & Components sector and about the same as Information Technology (which currently averages 1.57) industry. The current ratio for all Taiwan stocks is 26.85% higher than that of the company.

Global Current Ratio Peer Comparison

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

Global Fundamentals

About Global Brands Fundamental Analysis

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

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