2838.TW
Price:
$19.5
Market Cap:
$84.58B
Union Bank of Taiwan provides various banking products and services. The company is involved in various activities, which cover loans, remittances, acceptances, short-term bill transactions, investments, foreign exchange transactions, savings, trust services, etc. It accepts deposit products; and provides corporate loans, discount bills and notes, domestic letters of credit and accounts receivable factoring, mortgages, auto loans, personal loans, and other consumer credit. The company also handles exports, imports, foreign remittances, foreign currency loans, and guarantees; and offers credit card, wealth management, trust, custodian business, safe-deposit box rental, and certification servi...[Read more]
Industry
Banks - Regional
IPO Date
2000-01-04
Stock Exchange
TAI
Ticker
2838.TW
According to Union Bank of Taiwan’s latest financial reports and current stock price. The company's current Current Ratio is 0.11. This represents a change of 104.25% compared to the average of 0.06 of the last 4 quarters.
The mean historical Current Ratio of Union Bank of Taiwan over the last ten years is 0.13. The current 0.11 Current Ratio has changed 8.79% with respect to the historical average. Over the past ten years (40 quarters), 2838.TW's Current Ratio was at its highest in in the September 2016 quarter at 0.23. The Current Ratio was at its lowest in in the September 2015 quarter at 0.
Average
0.13
Median
0.12
Minimum
0.02
Maximum
0.25
Discovering the peaks and valleys of Union Bank of Taiwan 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 = 598.92%
Maximum Annual Current Ratio = 0.25
Minimum Annual Increase = -84.79%
Minimum Annual Current Ratio = 0.02
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.11 | 496.23% |
| 2023 | 0.02 | -83.83% |
| 2022 | 0.12 | -6.41% |
| 2021 | 0.12 | 598.92% |
| 2020 | 0.02 | -84.79% |
| 2019 | 0.12 | -23.83% |
| 2018 | 0.15 | 18.39% |
| 2017 | 0.13 | -42.31% |
| 2016 | 0.23 | -8.34% |
| 2015 | 0.25 | -10.41% |
The current Current Ratio of Union Bank of Taiwan (2838.TW) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
0.08
5-year avg
0.08
10-year avg
0.13
Union Bank of Taiwan’s Current Ratio is greater than Far Eastern International Bank Ltd. (0.10), greater than Taichung Commercial Bank Co., Ltd. (0.10), greater than EnTie Commercial Bank Co., Ltd. (0.06), greater than Bank of Kaohsiung Co., Ltd. (0.10), greater than O-Bank Co., Ltd. (0.07), less than Yulon Finance Corporation (1.01), greater than IBF Financial Holdings Co., Ltd. (0), less than Capital Securities Corporation (1.13), greater than Taiwan Business Bank, Ltd. (0.07), less than Eui (5.45),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.10 | $55.68B | |
| 0.10 | $124.27B | |
| 0.06 | $26.23B | |
| 0.10 | $22.36B | |
| 0.07 | $25.38B | |
| 1.01 | $53.82B | |
| 0 | $60.86B | |
| 1.13 | $54.06B | |
| 0.07 | $155.97B | |
| 5.45 | $5.03B |
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What is the Current Ratio?
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What is Union Bank of Taiwan's Current Ratio?
How is the Current Ratio calculated for Union Bank of Taiwan (2838.TW)?
What is the highest Current Ratio for Union Bank of Taiwan (2838.TW)?
What is the 3-year average Current Ratio for Union Bank of Taiwan (2838.TW)?
What is the 5-year average Current Ratio for Union Bank of Taiwan (2838.TW)?
How does the current Current Ratio for Union Bank of Taiwan (2838.TW) compare to its historical average?