Taitron Components Incorporated Stock Current Ratio
| TAIT Stock | USD 2.55 0.07 2.82% |
Taitron Components Incorporated fundamentals help investors to digest information that contributes to Taitron Components' financial success or failures. It also enables traders to predict the movement of Taitron Stock. The fundamental analysis module provides a way to measure Taitron Components' 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 Taitron Components stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 9.91 | 6.78 |
Taitron | Current Ratio |
Taitron Components Incorporated Company Current Ratio Analysis
Taitron Components' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Taitron Components Current Ratio | 11.25 X |
Most of Taitron Components' fundamental indicators, such as Current Ratio, 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, Taitron Components Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Taitron Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Taitron Components is extremely important. It helps to project a fair market value of Taitron Stock properly, considering its historical fundamentals such as Current Ratio. Since Taitron Components' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Taitron Components' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Taitron Components' interrelated accounts and indicators.
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Taitron Current Ratio Historical Pattern
Today, most investors in Taitron Components Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Taitron Components' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Taitron Components current ratio as a starting point in their analysis.
Taitron Components Current Ratio |
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Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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Taitron Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Taitron Components Incorporated has a Current Ratio of 11.25 times. This is 297.53% higher than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The current ratio for all United States stocks is notably lower than that of the firm.
Taitron Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Taitron Components' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Taitron Components could also be used in its relative valuation, which is a method of valuing Taitron Components by comparing valuation metrics of similar companies.Taitron Components is currently under evaluation in current ratio category among its peers.
Taitron Components Current Valuation Drivers
We derive many important indicators used in calculating different scores of Taitron Components from analyzing Taitron Components' financial statements. These drivers represent accounts that assess Taitron Components' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Taitron Components' important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 18.8M | 23.5M | 20.9M | 21.2M | 19.1M | 9.7M | |
| Enterprise Value | 12.4M | 17.6M | 15.6M | 15.0M | 17.2M | 14.1M |
Taitron Components ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Taitron Components' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Taitron Components' managers, analysts, and investors.Environmental | Governance | Social |
Taitron Fundamentals
| Return On Equity | 0.0787 | ||||
| Return On Asset | 4.0E-4 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 5.74 M | ||||
| Shares Outstanding | 5.26 M | ||||
| Shares Owned By Insiders | 38.86 % | ||||
| Shares Owned By Institutions | 21.78 % | ||||
| Number Of Shares Shorted | 5.02 K | ||||
| Price To Earning | 16.14 X | ||||
| Price To Book | 0.87 X | ||||
| Price To Sales | 3.54 X | ||||
| Revenue | 6.11 M | ||||
| Gross Profit | 2.24 M | ||||
| EBITDA | 1.37 M | ||||
| Net Income | 1.84 M | ||||
| Cash And Equivalents | 5.92 M | ||||
| Cash Per Share | 0.99 X | ||||
| Total Debt | 1.16 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 11.25 X | ||||
| Book Value Per Share | 2.85 X | ||||
| Cash Flow From Operations | 3.15 M | ||||
| Short Ratio | 0.25 X | ||||
| Earnings Per Share | 0.23 X | ||||
| Number Of Employees | 15 | ||||
| Beta | 0.41 | ||||
| Market Capitalization | 15.36 M | ||||
| Total Asset | 18.01 M | ||||
| Retained Earnings | 5.42 M | ||||
| Working Capital | 11.64 M | ||||
| Current Asset | 13.16 M | ||||
| Current Liabilities | 1.84 M | ||||
| Annual Yield | 0.08 % | ||||
| Five Year Return | 4.84 % | ||||
| Net Asset | 18.01 M | ||||
| Last Dividend Paid | 0.2 |
About Taitron Components Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Taitron Components Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Taitron Components using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Taitron Components Incorporated 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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Additional Tools for Taitron Stock Analysis
When running Taitron Components' price analysis, check to measure Taitron Components' 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 Taitron Components is operating at the current time. Most of Taitron Components' value examination focuses on studying past and present price action to predict the probability of Taitron Components' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taitron Components' price. Additionally, you may evaluate how the addition of Taitron Components to your portfolios can decrease your overall portfolio volatility.