Choice Development Stock Current Ratio
| 9929 Stock | TWD 15.50 0.05 0.32% |
Choice Development fundamentals help investors to digest information that contributes to Choice Development's financial success or failures. It also enables traders to predict the movement of Choice Stock. The fundamental analysis module provides a way to measure Choice Development'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 Choice Development stock.
Choice |
Choice Development Company Current Ratio Analysis
Choice Development'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 Choice Development Current Ratio | 0.96 X |
Most of Choice Development'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, Choice Development 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, Choice Development has a Current Ratio of 0.96 times. This is 53.4% lower than that of the Commercial Services & Supplies sector and 46.37% lower than that of the Industrials industry. The current ratio for all Taiwan stocks is 55.56% higher than that of the company.
Choice Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Choice Development'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 Choice Development could also be used in its relative valuation, which is a method of valuing Choice Development by comparing valuation metrics of similar companies.Choice Development is currently under evaluation in current ratio category among related companies.
Choice Fundamentals
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0476 | |||
| Profit Margin | (0.15) % | |||
| Operating Margin | (0.23) % | |||
| Current Valuation | 828.48 M | |||
| Shares Outstanding | 101.28 M | |||
| Shares Owned By Insiders | 55.25 % | |||
| Shares Owned By Institutions | 7.23 % | |||
| Price To Earning | 1.64 X | |||
| Price To Book | 0.99 X | |||
| Price To Sales | 1.48 X | |||
| Revenue | 591.37 M | |||
| Gross Profit | (55.62 M) | |||
| EBITDA | 52.41 M | |||
| Net Income | 4.69 M | |||
| Cash And Equivalents | 572.32 M | |||
| Cash Per Share | 3.39 X | |||
| Total Debt | 3.11 B | |||
| Debt To Equity | 282.40 % | |||
| Current Ratio | 0.96 X | |||
| Book Value Per Share | 8.59 X | |||
| Cash Flow From Operations | (31.34 M) | |||
| Earnings Per Share | (1.04) X | |||
| Number Of Employees | 134 | |||
| Beta | 0.037 | |||
| Market Capitalization | 945.96 M | |||
| Total Asset | 2.01 B | |||
| Retained Earnings | (640 M) | |||
| Working Capital | 369 M | |||
| Current Asset | 525 M | |||
| Current Liabilities | 156 M | |||
| Annual Yield | 0.04 % | |||
| Net Asset | 2.01 B |
About Choice Development Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Choice Development's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Choice Development using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Choice Development 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Choice Development in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Choice Development's short interest history, or implied volatility extrapolated from Choice Development options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Choice Development. 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 CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Choice Stock analysis
When running Choice Development's price analysis, check to measure Choice Development'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 Choice Development is operating at the current time. Most of Choice Development's value examination focuses on studying past and present price action to predict the probability of Choice Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Choice Development's price. Additionally, you may evaluate how the addition of Choice Development to your portfolios can decrease your overall portfolio volatility.
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