Symtek Automation Asia Stock Current Ratio

6438 Stock  TWD 224.50  9.50  4.06%   
Symtek Automation Asia fundamentals help investors to digest information that contributes to Symtek Automation's financial success or failures. It also enables traders to predict the movement of Symtek Stock. The fundamental analysis module provides a way to measure Symtek Automation'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 Symtek Automation stock.
  
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Symtek Automation Asia Company Current Ratio Analysis

Symtek Automation'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 Symtek Automation Current Ratio

    
  1.49 X  
Most of Symtek Automation'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, Symtek Automation Asia 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, Symtek Automation Asia has a Current Ratio of 1.49 times. This is 27.67% lower than that of the Industrials sector and significantly higher than that of the Specialty Industrial Machinery industry. The current ratio for all Taiwan stocks is 31.02% higher than that of the company.

Symtek Current Ratio Peer Comparison

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

Symtek Fundamentals

About Symtek Automation Fundamental Analysis

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

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