Win Semiconductors has a Cash Ratio of 0.48. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Win Semiconductors's Cash Ratio or its related term are showing as below:
ROCO:3105'
s Cash Ratio Range Over the Past 10 Years
Min: 0.47 Med: 1.17 Max: 2.27
Current: 0.48
During the past 13 years, Win Semiconductors's highest Cash Ratio was 2.27. The lowest was 0.47. And the median was 1.17.
ROCO:3105's Cash Ratio is ranked worse than 71.61% of 997
companies
in the Semiconductors industry
Industry Median: 1.04
vs ROCO:3105: 0.48
Win Semiconductors Cash Ratio Historical Data
The historical data trend for Win Semiconductors's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Win Semiconductors's Cash Ratio
For the Semiconductors subindustry, Win Semiconductors's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Win Semiconductors's Cash Ratio Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Win Semiconductors's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Win Semiconductors's Cash Ratio falls into.
Win Semiconductors Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Win Semiconductors's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Win Semiconductors (ROCO:3105) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Win Semiconductors Cash Ratio Related Terms
Thank you for viewing the detailed overview of Win Semiconductors's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 1999, Win Semiconductors is the largest foundry for nonsilicon-based semiconductor components, most notably gallium arsenide, or GaAs; gallium nitride, or GaN; and silicon carbide, or SiC. Per Strategy Analytics, Win Semi wielded almost 70% share in the GaAs foundry market in 2023, followed by Advanced Wireless Semiconductor and GCS Holdings. The company's headquarters, four factories and most of its 3,500 employees are based in Taoyuan City, Taiwan. Its products are applied in mobile, Wi-Fi networks, cellular infrastructure (such as base stations), satellite communication, optical communication and 3D sensing. The company also provides automated testing and inspection services.
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