Mildex Optical Stock Current Ratio
| 4729 Stock | TWD 17.70 0.45 2.61% |
Mildex Optical fundamentals help investors to digest information that contributes to Mildex Optical's financial success or failures. It also enables traders to predict the movement of Mildex Stock. The fundamental analysis module provides a way to measure Mildex Optical'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 Mildex Optical stock.
Mildex |
Mildex Optical Company Current Ratio Analysis
Mildex Optical'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 Mildex Optical Current Ratio | 1.43 X |
Most of Mildex Optical'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, Mildex Optical 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, Mildex Optical has a Current Ratio of 1.43 times. This is 49.47% lower than that of the Electronic Equipment, Instruments & Components sector and 52.96% lower than that of the Information Technology industry. The current ratio for all Taiwan stocks is 33.8% higher than that of the company.
Mildex Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mildex Optical'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 Mildex Optical could also be used in its relative valuation, which is a method of valuing Mildex Optical by comparing valuation metrics of similar companies.Mildex Optical is currently under evaluation in current ratio category among related companies.
Mildex Fundamentals
| Return On Equity | -0.0679 | |||
| Return On Asset | 0.0083 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 2.27 B | |||
| Shares Outstanding | 77.73 M | |||
| Shares Owned By Insiders | 53.10 % | |||
| Price To Book | 1.16 X | |||
| Price To Sales | 0.89 X | |||
| Revenue | 1.15 B | |||
| Gross Profit | 120.58 M | |||
| EBITDA | (30.25 M) | |||
| Net Income | (129.41 M) | |||
| Cash And Equivalents | 625.46 M | |||
| Cash Per Share | 8.05 X | |||
| Total Debt | 737.62 M | |||
| Debt To Equity | 1.50 % | |||
| Current Ratio | 1.43 X | |||
| Book Value Per Share | 13.46 X | |||
| Cash Flow From Operations | (24.89 M) | |||
| Earnings Per Share | (1.08) X | |||
| Number Of Employees | 12 | |||
| Beta | 0.53 | |||
| Market Capitalization | 1.18 B | |||
| Total Asset | 3.32 B | |||
| Z Score | 0.6 | |||
| Net Asset | 3.32 B |
About Mildex Optical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mildex Optical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mildex Optical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mildex Optical 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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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mildex Optical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Mildex Stock analysis
When running Mildex Optical's price analysis, check to measure Mildex Optical'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 Mildex Optical is operating at the current time. Most of Mildex Optical's value examination focuses on studying past and present price action to predict the probability of Mildex Optical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mildex Optical's price. Additionally, you may evaluate how the addition of Mildex Optical to your portfolios can decrease your overall portfolio volatility.
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