2349.TW
Price:
$15
Market Cap:
$10.41B
RITEK Corporation manufactures and markets optical storage media products in Taiwan, the United States, rest of Asia, Europe, and internationally. The company offers storage media product lines, including optical storage media comprising CDs, DVDs, and Blu-ray discs; electronic storage media, which include flash memory cards, USB flash drives, portable hard disc drives, solid state drives, and others. It also provides solar modules comprising mono and poly-crystalline solar modules; and integrating solar systems; OLED display panels, ITO glasses, and patterned sapphire substrate solutions; metal masks; and biological detection discs. In addition, the company engages in organic light emitting...[Read more]
Industry
Computer Hardware
IPO Date
2000-01-04
Stock Exchange
TAI
Ticker
2349.TW
According to RITEK Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.78. This represents a change of -6.71% compared to the average of 1.91 of the last 4 quarters.
The mean historical Current Ratio of RITEK Corporation over the last ten years is 1.79. The current 1.78 Current Ratio has changed 9.87% with respect to the historical average. Over the past ten years (40 quarters), 2349.TW's Current Ratio was at its highest in in the December 2023 quarter at 2.37. The Current Ratio was at its lowest in in the December 2018 quarter at 1.47.
Average
1.79
Median
1.72
Minimum
1.47
Maximum
2.37
Discovering the peaks and valleys of RITEK 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 = 46.44%
Maximum Annual Current Ratio = 2.37
Minimum Annual Increase = -19.70%
Minimum Annual Current Ratio = 1.47
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.90 | -19.70% |
| 2023 | 2.37 | 16.97% |
| 2022 | 2.02 | 22.78% |
| 2021 | 1.65 | -2.99% |
| 2020 | 1.70 | -5.76% |
| 2019 | 1.80 | 22.71% |
| 2018 | 1.47 | -6.74% |
| 2017 | 1.58 | -9.84% |
| 2016 | 1.75 | 7.62% |
| 2015 | 1.62 | 46.44% |
The current Current Ratio of RITEK Corporation (2349.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
2.10
5-year avg
1.93
10-year avg
1.79
RITEK Corporation’s Current Ratio is less than Gigastorage Corporation (2.25), less than Favite, Inc. (2.42), greater than Firich Enterprises Co., Ltd. (1.03), greater than Unitech Computer Co., Ltd. (1.41), less than Shuttle Inc. (2.81), less than Infortrend Technology, Inc. (2.46), less than Aten International Co., Ltd (2.12), greater than Leadtek Research Inc. (1.30), less than Mildef Crete Inc. (5.74), greater than Ju Teng International Holdings Limited (1.03),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.25 | $9.19B | |
| 2.42 | $7.13B | |
| 1.03 | $6.74B | |
| 1.41 | $6.68B | |
| 2.81 | $6.39B | |
| 2.46 | $8.32B | |
| 2.12 | $7.31B | |
| 1.30 | $5.32B | |
| 5.74 | $6.10B | |
| 1.03 | $6.11B |
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