3057.TW
Price:
$15.75
Market Cap:
$950.13M
Promise Technology, Inc. develops storage solutions for the data center, surveillance, cloud, and media markets in Taiwan and internationally. It offers VTrak storage appliances for multi-user collaboration to ingest, edit, stream, and process media; Vess storage appliances for IP video surveillance installations; and Apollo Cloud, a cloud to store and share photos and videos through phones, tablets, or laptops. The company also provides Pegasus, a Thunderbolt 3 RAID storage solution for creative enthusiasts and professionals; and SANLink, a Thunderbolt bridge adapter, which eliminates bottlenecks through the introduction of fiber channel or 10 Gb Ethernet connectivity. In addition, it offer...[Read more]
Industry
Computer Hardware
IPO Date
2002-12-19
Stock Exchange
TAI
Ticker
3057.TW
According to Promise Technology, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.07. This represents a change of -3.41% compared to the average of 3.18 of the last 4 quarters.
The mean historical Current Ratio of Promise Technology, Inc. over the last ten years is 2.24. The current 3.07 Current Ratio has changed 13.60% with respect to the historical average. Over the past ten years (40 quarters), 3057.TW's Current Ratio was at its highest in in the March 2025 quarter at 4.13. The Current Ratio was at its lowest in in the December 2019 quarter at 1.69.
Average
2.24
Median
2.21
Minimum
1.69
Maximum
3.01
Discovering the peaks and valleys of Promise Technology, Inc. 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 = 36.80%
Maximum Annual Current Ratio = 3.01
Minimum Annual Increase = -23.86%
Minimum Annual Current Ratio = 1.69
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.22 | -6.45% |
| 2023 | 2.37 | -21.00% |
| 2022 | 3.01 | 36.80% |
| 2021 | 2.20 | 7.36% |
| 2020 | 2.05 | 21.00% |
| 2019 | 1.69 | -21.42% |
| 2018 | 2.15 | 24.03% |
| 2017 | 1.73 | -23.86% |
| 2016 | 2.28 | -16.26% |
| 2015 | 2.72 | 3.48% |
The current Current Ratio of Promise Technology, Inc. (3057.TW) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.53
5-year avg
2.37
10-year avg
2.24
Promise Technology, Inc.’s Current Ratio is greater than Horng Tong Enterprise Co., Ltd. (1.03), greater than Pacific Image Electronics Co., Ltd. (1.06), greater than Clientron Corp. (2.06), greater than LNC Technology Co., Ltd (1.33), greater than Atech OEM Inc. (1.92), greater than HiTi Digital, Inc. (1.09), greater than Para Light Electronics Co., Ltd. (1.12), greater than Dexin Corporation (2.39), less than ATrack Technology Inc. (4.68), less than Z-Com, Inc. (4.12),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.03 | $615.68M | |
| 1.06 | $655.20M | |
| 2.06 | $478.09M | |
| 1.33 | $759.00M | |
| 1.92 | $834.25M | |
| 1.09 | $788.74M | |
| 1.12 | $846.87M | |
| 2.39 | $1.34B | |
| 4.68 | $1.76B | |
| 4.12 | $742.53M |
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