1434.TW
Price:
$15.9
Market Cap:
$26.75B
Formosa Taffeta Co., Ltd. operates in the textile industry in Asia. It operates through three segments: First Business Group, Cord Fabric Department, and Gasoline Department. The company engages in researching, developing, warping, sizing, beaming, twisting, designing, weaving, dyeing, printing, and finishing fabrics and textured yarns. It provides polyamine, polyester, sports, functional, and medical fabrics; tire cord fabrics, base cloths of conveyor ducks, chafers for tire-lips, anti-puncture fabric for bikes, lining fabric, etc.; cotton, blended, and MVS yarns; and nano far infrared ray, nano anion, germanium, fine diner, hollow section insulation, low-pilling, functional, comfort, eco-f...[Read more]
Industry
Apparel - Manufacturers
IPO Date
2000-01-04
Stock Exchange
TAI
Ticker
1434.TW
According to Formosa Taffeta Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.78. This represents a change of 14.26% compared to the average of 2.43 of the last 4 quarters.
The mean historical Current Ratio of Formosa Taffeta Co., Ltd. over the last ten years is 2.39. The current 2.78 Current Ratio has changed 11.53% with respect to the historical average. Over the past ten years (40 quarters), 1434.TW's Current Ratio was at its highest in in the December 2023 quarter at 2.90. The Current Ratio was at its lowest in in the June 2020 quarter at 1.39.
Average
2.39
Median
2.40
Minimum
2.03
Maximum
2.90
Discovering the peaks and valleys of Formosa Taffeta Co., Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 25.66%
Maximum Annual Current Ratio = 2.90
Minimum Annual Increase = -20.18%
Minimum Annual Current Ratio = 2.03
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.56 | -11.70% |
| 2023 | 2.90 | 25.66% |
| 2022 | 2.31 | 3.23% |
| 2021 | 2.24 | 10.14% |
| 2020 | 2.03 | -1.56% |
| 2019 | 2.06 | -20.18% |
| 2018 | 2.59 | 1.52% |
| 2017 | 2.55 | 2.00% |
| 2016 | 2.50 | 15.57% |
| 2015 | 2.16 | 9.24% |
The current Current Ratio of Formosa Taffeta Co., Ltd. (1434.TW) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.59
5-year avg
2.41
10-year avg
2.39
Formosa Taffeta Co., Ltd.’s Current Ratio is greater than Shinkong Synthetic Fibers Corporation (1.07), greater than Formosa International Hotels Corporation (1.34), greater than Shinkong Textile Co., Ltd. (1.28), greater than Tainan Spinning Co., Ltd. (1.26), greater than Taiwan Paiho Limited (1.13), less than Pan German Universal Motors Ltd. (2.97), greater than Nankang Rubber Tire Corp.,Ltd. (1.01), less than Sports Gear Co., Ltd. (3.06), greater than Depo Auto Parts Industrial Co., Ltd. (1.19), greater than Lungyen Life Service Corporation (1.01),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.07 | $24.85B | |
| 1.34 | $24.14B | |
| 1.28 | $21.40B | |
| 1.26 | $22.62B | |
| 1.13 | $15.43B | |
| 2.97 | $23.20B | |
| 1.01 | $27.50B | |
| 3.06 | $22.71B | |
| 1.19 | $23.71B | |
| 1.01 | $20.23B |
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