6820.TWO
Price:
$63.5
Market Cap:
$1.38B
Acon Optics Communications Inc. designs, manufactures, and sells fiber optical components worldwide. It offers connectors, adapters, attenuators, loopbacks, patchcords, fiber optic extenders, fiber optic and copper transceivers, cassettes, and hydrophobic water repellent and anti-corrosion coating products; and 4G/5G FTTA, FTTH, data center, video conference, and telehealth solutions. The company was founded in 2017 and is based in New Taipei City, Taiwan. Acon Optics Communications Inc. operates as a subsidiary of ACON Holding Inc.
Industry
Communication Equipment
IPO Date
2021-03-23
Stock Exchange
TWO
Ticker
6820.TWO
According to Acon Optics Communications Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.35. This represents a change of -6.39% compared to the average of 1.44 of the last 4 quarters.
The mean historical Current Ratio of Acon Optics Communications Inc. over the last ten years is 1.22. The current 1.35 Current Ratio has changed 10.99% with respect to the historical average. Over the past ten years (40 quarters), 6820.TWO's Current Ratio was at its highest in in the December 2024 quarter at 1.58. The Current Ratio was at its lowest in in the June 2019 quarter at 0.
Average
1.22
Median
1.41
Minimum
0.16
Maximum
1.58
Discovering the peaks and valleys of Acon Optics Communications 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 = 808.72%
Maximum Annual Current Ratio = 1.58
Minimum Annual Increase = -9.04%
Minimum Annual Current Ratio = 0.16
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.58 | 9.14% |
| 2023 | 1.45 | 3.87% |
| 2022 | 1.40 | 7.36% |
| 2021 | 1.30 | -9.04% |
| 2020 | 1.43 | 808.72% |
The current Current Ratio of Acon Optics Communications Inc. (6820.TWO) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
1.48
5-year avg
1.43
10-year avg
1.22
Acon Optics Communications Inc.’s Current Ratio is less than U-MEDIA Communications, Inc. (2.40), less than Wha Yu Industrial Co., Ltd. (1.54), less than Prime Electronics & Satellitics Inc. (1.70), less than Compal Broadband Networks, Inc. (3.15), less than Ecocera Optronics Co., Ltd. (1.86), less than Tailyn Technologies, Inc. (2.02), less than Hyweb Technology Co., Ltd. (3.20), greater than Hi Sharp Electronics Co., Ltd. (1.01), less than Jeilin Technology Co., Ltd. (3.40), less than Kuen Chaang Uppertech Corp. (8.31),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.40 | $1.65B | |
| 1.54 | $1.57B | |
| 1.70 | $1.43B | |
| 3.15 | $1.38B | |
| 1.86 | $1.99B | |
| 2.02 | $1.82B | |
| 3.20 | $1.85B | |
| 1.01 | $1.22B | |
| 3.40 | $1.54B | |
| 8.31 | $2.33B |
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