Cheng Shin Rubber Stock Current Liabilities

2105 Stock  TWD 51.80  0.60  1.17%   
Cheng Shin Rubber fundamentals help investors to digest information that contributes to Cheng Shin's financial success or failures. It also enables traders to predict the movement of Cheng Stock. The fundamental analysis module provides a way to measure Cheng Shin's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cheng Shin stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Cheng Shin Rubber Company Current Liabilities Analysis

Cheng Shin's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis

Current Cheng Shin Current Liabilities

    
  39.65 B  
Most of Cheng Shin's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cheng Shin Rubber is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition

In accordance with the recently published financial statements, Cheng Shin Rubber has a Current Liabilities of 39.65 B. This is 13.79% lower than that of the Auto Components sector and significantly higher than that of the Consumer Discretionary industry. The current liabilities for all Taiwan stocks is significantly lower than that of the firm.

Cheng Current Liabilities Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cheng Shin's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cheng Shin could also be used in its relative valuation, which is a method of valuing Cheng Shin by comparing valuation metrics of similar companies.
Cheng Shin is currently under evaluation in current liabilities category among its peers.

Cheng Fundamentals

About Cheng Shin Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cheng Shin Rubber's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cheng Shin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cheng Shin Rubber based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Cheng Stock Analysis

When running Cheng Shin's price analysis, check to measure Cheng Shin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cheng Shin is operating at the current time. Most of Cheng Shin's value examination focuses on studying past and present price action to predict the probability of Cheng Shin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Shin's price. Additionally, you may evaluate how the addition of Cheng Shin to your portfolios can decrease your overall portfolio volatility.