2020.TW
Price:
$23.15
Market Cap:
$6.18B
Mayer Steel Pipe Corporation manufactures steel pipes and tubular products in Taiwan. It offers welded steel pipes for low pressure use; rigid steel conduits; carbon steel tubes for machine structural purposes; electric resistance welded carbon steel tubes for automobile structural purposes; and carbon steel square pipes for general structural purposes. The company also provides stainless steel pipes, such as boiler and heat exchanger tubes; stainless steel tubes for mechanical and structural purposes, and automobile exhaust; light gauge stainless steel pipes for ordinary piping; and general service tubes. In addition, it offers stainless steel plates and sheets; stainless steel surface proc...[Read more]
Industry
Steel
IPO Date
2000-01-04
Stock Exchange
TAI
Ticker
2020.TW
According to Mayer Steel Pipe Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.42. This represents a change of -13.98% compared to the average of 1.65 of the last 4 quarters.
The mean historical Current Ratio of Mayer Steel Pipe Corporation over the last ten years is 1.44. The current 1.42 Current Ratio has changed 9.79% with respect to the historical average. Over the past ten years (40 quarters), 2020.TW's Current Ratio was at its highest in in the December 2023 quarter at 1.79. The Current Ratio was at its lowest in in the September 2022 quarter at 1.20.
Average
1.44
Median
1.40
Minimum
1.25
Maximum
1.79
Discovering the peaks and valleys of Mayer Steel Pipe Corporation 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 = 43.23%
Maximum Annual Current Ratio = 1.79
Minimum Annual Increase = -9.85%
Minimum Annual Current Ratio = 1.25
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.73 | -3.15% |
| 2023 | 1.79 | 43.23% |
| 2022 | 1.25 | -9.85% |
| 2021 | 1.38 | -3.84% |
| 2020 | 1.44 | -0.64% |
| 2019 | 1.45 | 4.34% |
| 2018 | 1.39 | -1.13% |
| 2017 | 1.40 | 10.70% |
| 2016 | 1.27 | -1.43% |
| 2015 | 1.29 | -8.36% |
The current Current Ratio of Mayer Steel Pipe Corporation (2020.TW) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.59
5-year avg
1.52
10-year avg
1.44
Mayer Steel Pipe Corporation’s Current Ratio is less than Tong Ming Enterprise Co., Ltd. (2.17), less than Sheng Yu Steel Co., Ltd. (5.40), greater than China Steel Structure Co., Ltd. (1.17), less than Xxentria Technology Materials Co., Ltd. (1.59), less than Taiwan Hopax Chems.Mfg.Co.,Ltd. (2.47), less than Wei Chih Steel Industrial Co., Ltd. (2.02), greater than China General Plastics Corporation (0.96), less than Froch Enterprise Co., Ltd. (1.59), greater than Kao Hsing Chang Iron & Steel Corp. (1.00), greater than Lucky Cement Co. (1.40),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.17 | $5.96B | |
| 5.40 | $6.68B | |
| 1.17 | $8.47B | |
| 1.59 | $7.36B | |
| 2.47 | $6.83B | |
| 2.02 | $5.38B | |
| 0.96 | $6.65B | |
| 1.59 | $3.84B | |
| 1.00 | $5.69B | |
| 1.40 | $6.05B |
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 Mayer Steel Pipe Corporation 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 Mayer Steel Pipe Corporation 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 Mayer Steel Pipe Corporation's Current Ratio?
How is the Current Ratio calculated for Mayer Steel Pipe Corporation (2020.TW)?
What is the highest Current Ratio for Mayer Steel Pipe Corporation (2020.TW)?
What is the 3-year average Current Ratio for Mayer Steel Pipe Corporation (2020.TW)?
What is the 5-year average Current Ratio for Mayer Steel Pipe Corporation (2020.TW)?
How does the current Current Ratio for Mayer Steel Pipe Corporation (2020.TW) compare to its historical average?