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Kingstate Electronics has a Cash Ratio of 0.96. 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 Kingstate Electronics's Cash Ratio or its related term are showing as below:
ROCO:3206'
s Cash Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.47 Max: 1.15
Current: 0.96
During the past 13 years, Kingstate Electronics's highest Cash Ratio was 1.15. The lowest was 0.21. And the median was 0.47.
ROCO:3206's Cash Ratio is ranked better than 66.57% of 2474
companies
in the Hardware industry
Industry Median: 0.57
vs ROCO:3206: 0.96
Kingstate Electronics (ROCO:3206) 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.
* 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.
For the Electronic Components subindustry, Kingstate Electronics'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.
Kingstate Electronics Cash Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Kingstate Electronics's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Kingstate Electronics's Cash Ratio falls into.
* 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.
Kingstate Electronics (ROCO:3206) has a Cash Ratio of 0.96 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Kingstate Electronics and its competitors. This is 104% above median its historical median of 0.47. Over the past decade, Kingstate Electronics' Cash Ratio has ranged from 0.21 to 1.15. According to the industry distribution chart, Kingstate Electronics ranks #827 out of 2474 companies in the Hardware industry, placing it in the top 33.4%.
Is Kingstate Electronics' Cash Ratio too high?
Kingstate Electronics' current Cash Ratio of 0.96 is 104% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.15. The Hardware industry median Cash Ratio is 0.57. Kingstate Electronics' value of 0.96 is 68.4% above this industry median. Based on the distribution chart, Kingstate Electronics ranks #827 out of 2474 companies in the Hardware industry, which is above the industry midpoint. Overall, Kingstate Electronics has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kingstate Electronics' Cash Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Kingstate Electronics ranks #827 out of 2474 companies for Cash Ratio. This puts Kingstate Electronics in the upper half of its industry. The industry median Cash Ratio is 0.57. Kingstate Electronics' value of 0.96 is 68.4% above this benchmark. Historically, Kingstate Electronics' own Cash Ratio has ranged from 0.21 to 1.15 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.57, Kingstate Electronics has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Hardware company?
The median Cash Ratio among Hardware companies is 0.57, based on 2,474 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kingstate Electronics's current Cash Ratio of 0.96 is 68.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Kingstate Electronics and its competitors. For the Hardware industry, the median Cash Ratio is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kingstate Electronics's current Cash Ratio is 0.96, which is 104% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingstate Electronics stock overvalued right now?
Based on GuruFocus' analysis, Kingstate Electronics (ROCO:3206) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.91, compared to a current price of NT$35.00 — trading 2.5% below its estimated fair value. The current Cash Ratio is 0.96, which is 104% above median its 10-year median of 0.47 and 68.4% above the Hardware industry median of 0.57. Kingstate Electronics' overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Kingstate Electronics (ROCO:3206), the current Cash Ratio is 0.96 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Kingstate Electronics (ROCO:3206) Overvalued in 2026?
Based on GuruFocus' analysis, Kingstate Electronics stock appears to be undervalued.
The current stock price of NT$35.00 is trading 2.5% below its estimated GF Value™ of NT$35.91.
GuruFocus considers Kingstate Electronics to be Fairly Valued.
Key valuation signals for ROCO:3206:
Cash Ratio: 0.96 (104% above median its 10-year median of 0.47)
GF Value™: NT$35.91 vs. price of NT$35.00 (2.5% below fair value)
Industry Position: 68.4% above the Hardware median (#827 of 2474)
No single metric tells the full story. See the ROCO:3206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kingstate Electronics Corp is engaged in the manufacturing and trading of wireless communication machinery and equipment, electronic components, and other electronic and electromechanical equipment. Its products include piezoelectric buzzers, electromagnetic buzzers, loudspeakers, microphones, piezoelectric alarms, receivers, and headsets.
75GF Score
Get the complete analysis for ROCO:3206
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