1506.TW
Price:
$11.65
Market Cap:
$3.50B
Right Way Industrial Co.,Ltd manufactures and sells automobile parts worldwide. The company offers various casting and forging parts with steel or aluminum alloy materials, including pistons, connecting rods, steering knuckles and system parts, suspension control arms, industrial compressor housings, industrial pump chambers, die casting parts, cast iron parts, balance shafts, and suspension components for vehicle and industrial applications. It also provides engine connecting-rods, precision machining parts, ball joints, steering rod assy, and stabilizer links; and housings, mounts, and supporting brackets. The company serves original equipment manufacturers, suppliers, and aftermarket cust...[Read more]
Industry
Auto - Parts
IPO Date
2000-01-04
Stock Exchange
TAI
Ticker
1506.TW
According to Right Way Industrial Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 3.72. This represents a change of -0.02% compared to the average of 3.72 of the last 4 quarters.
The mean historical Current Ratio of Right Way Industrial Co.,Ltd over the last ten years is 2.23. The current 3.72 Current Ratio has changed 16.63% with respect to the historical average. Over the past ten years (40 quarters), 1506.TW's Current Ratio was at its highest in in the September 2024 quarter at 4.67. The Current Ratio was at its lowest in in the March 2020 quarter at 0.82.
Average
2.23
Median
2.03
Minimum
0.88
Maximum
3.87
Discovering the peaks and valleys of Right Way Industrial 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 = 118.23%
Maximum Annual Current Ratio = 3.87
Minimum Annual Increase = -60.61%
Minimum Annual Current Ratio = 0.88
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.79 | -2.26% |
| 2023 | 3.87 | 19.88% |
| 2022 | 3.23 | 118.23% |
| 2021 | 1.48 | 31.17% |
| 2020 | 1.13 | 28.66% |
| 2019 | 0.88 | -25.28% |
| 2018 | 1.17 | 15.34% |
| 2017 | 1.02 | -60.61% |
| 2016 | 2.58 | -16.45% |
| 2015 | 3.09 | 100.61% |
The current Current Ratio of Right Way Industrial Co.,Ltd (1506.TW) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.63
5-year avg
2.70
10-year avg
2.23
Right Way Industrial Co.,Ltd’s Current Ratio is greater than Cayman Engley Industrial Co., Ltd. (1.38), greater than Coplus Inc. (0.33), greater than Amulaire Thermal Technology, Inc. (2.08), less than Jason (5.23), greater than Mosa Industrial Corporation (1.58), greater than Yusin Holding Corp. (1.68), greater than Y.C.C. Parts Mfg. Co., Ltd. (1.84), greater than Hwa Fong Rubber Industrial Co., Ltd. (2.80), greater than Mobiletron Electronics Co.,Ltd. (1.49), less than Kian Shen Corporation (3.79),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.38 | $4.45B | |
| 0.33 | $3.82B | |
| 2.08 | $3.95B | |
| 5.23 | $2.96B | |
| 1.58 | $4.04B | |
| 1.68 | $3.78B | |
| 1.84 | $3.31B | |
| 2.80 | $4.20B | |
| 1.49 | $3.24B | |
| 3.79 | $4.68B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Right Way Industrial Co.,Ltd using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Right Way Industrial Co.,Ltd or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Right Way Industrial Co.,Ltd's Current Ratio?
How is the Current Ratio calculated for Right Way Industrial Co.,Ltd (1506.TW)?
What is the highest Current Ratio for Right Way Industrial Co.,Ltd (1506.TW)?
What is the 3-year average Current Ratio for Right Way Industrial Co.,Ltd (1506.TW)?
What is the 5-year average Current Ratio for Right Way Industrial Co.,Ltd (1506.TW)?
How does the current Current Ratio for Right Way Industrial Co.,Ltd (1506.TW) compare to its historical average?