2617.TW
Price:
$30.9
Market Cap:
$12.89B
Taiwan Navigation Co., Ltd. provides shipping services in Taiwan. It offers passenger and freight transportation services through water; port warehousing; aquatic sand mining; and navigation channel dredging services, as well as acts as a shipping agency and provides tugboats. The company also acts as a land owner in agreements with construction companies for the use of its land for the construction of residential and commercial buildings for sale and rental. As of December 31, 2021, it operated 30 vessels. Taiwan Navigation Co., Ltd. was founded in 1946 and is headquartered in Taipei City, Taiwan.
Industry
Marine Shipping
IPO Date
2000-01-04
Stock Exchange
TAI
Ticker
2617.TW
According to Taiwan Navigation Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.63. This represents a change of -13.00% compared to the average of 1.87 of the last 4 quarters.
The mean historical Current Ratio of Taiwan Navigation Co., Ltd. over the last ten years is 2.42. The current 1.63 Current Ratio has changed 6.64% with respect to the historical average. Over the past ten years (40 quarters), 2617.TW's Current Ratio was at its highest in in the March 2022 quarter at 5.55. The Current Ratio was at its lowest in in the September 2017 quarter at 1.01.
Average
2.42
Median
2.29
Minimum
1.34
Maximum
5.17
Discovering the peaks and valleys of Taiwan Navigation 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 = 246.18%
Maximum Annual Current Ratio = 5.17
Minimum Annual Increase = -52.59%
Minimum Annual Current Ratio = 1.34
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.08 | -5.83% |
| 2023 | 2.21 | -14.04% |
| 2022 | 2.57 | -50.36% |
| 2021 | 5.17 | 246.18% |
| 2020 | 1.49 | -52.59% |
| 2019 | 3.15 | 135.66% |
| 2018 | 1.34 | -1.30% |
| 2017 | 1.35 | -43.05% |
| 2016 | 2.38 | -2.70% |
| 2015 | 2.44 | -13.94% |
The current Current Ratio of Taiwan Navigation Co., Ltd. (2617.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
2.28
5-year avg
2.70
10-year avg
2.42
Taiwan Navigation Co., Ltd.’s Current Ratio is greater than Kedge Construction Co., Ltd. (1.60), greater than Sincere Navigation Corporation (1.53), less than Dimerco Express Corporation (2.23), greater than Rechi Precision Co., Ltd. (1.31), greater than Chinese Maritime Transport Ltd. (1.33), less than Taiwan Steel Union Co., Ltd (2.19), less than Nova Technology Corp. (2.19), less than Franbo Lines Corp. (1.87), less than Aurora Corporation (1.68), less than Hong Tai Electric Industrial Co., Ltd. (2.71),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.60 | $11.49B | |
| 1.53 | $16.19B | |
| 2.23 | $11.16B | |
| 1.31 | $11.88B | |
| 1.33 | $12.74B | |
| 2.19 | $12.02B | |
| 2.19 | $14.24B | |
| 1.87 | $6.67B | |
| 1.68 | $12.75B | |
| 2.71 | $10.90B |
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