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Ta Chen Stainless Pipe Co has a Cash Ratio of 0.50. 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 Ta Chen Stainless Pipe Co's Cash Ratio or its related term are showing as below:
TPE:2027'
s Cash Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.5 Max: 0.88
Current: 0.5
During the past 13 years, Ta Chen Stainless Pipe Co's highest Cash Ratio was 0.88. The lowest was 0.27. And the median was 0.50.
TPE:2027's Cash Ratio is ranked better than 65.16% of 597
companies
in the Steel industry
Industry Median: 0.25
vs TPE:2027: 0.50
Ta Chen Stainless Pipe Co (TPE:2027) 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.
Ta Chen Stainless Pipe Co Cash Ratio Related Terms
Ta Chen Stainless Pipe Co Cash Ratio Historical Data
* 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 Steel subindustry, Ta Chen Stainless Pipe Co'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.
Ta Chen Stainless Pipe Co Cash Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Ta Chen Stainless Pipe Co's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Ta Chen Stainless Pipe Co'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.
Ta Chen Stainless Pipe Co (TPE:2027) has a Cash Ratio of 0.50 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Ta Chen Stainless Pipe Co and its competitors. This is near median its historical median of 0.50. Over the past decade, Ta Chen Stainless Pipe Co's Cash Ratio has ranged from 0.27 to 0.88. According to the industry distribution chart, Ta Chen Stainless Pipe Co ranks #208 out of 597 companies in the Steel industry, placing it in the top 34.8%.
Is Ta Chen Stainless Pipe Co's Cash Ratio too high?
Ta Chen Stainless Pipe Co's current Cash Ratio of 0.50 is near median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.88. The Steel industry median Cash Ratio is 0.25. Ta Chen Stainless Pipe Co's value of 0.50 is 100% above this industry median. Based on the distribution chart, Ta Chen Stainless Pipe Co ranks #208 out of 597 companies in the Steel industry, which is above the industry midpoint. Overall, Ta Chen Stainless Pipe Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ta Chen Stainless Pipe Co's Cash Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Ta Chen Stainless Pipe Co ranks #208 out of 597 companies for Cash Ratio. This puts Ta Chen Stainless Pipe Co in the upper half of its industry. The industry median Cash Ratio is 0.25. Ta Chen Stainless Pipe Co's value of 0.50 is 100% above this benchmark. Historically, Ta Chen Stainless Pipe Co's own Cash Ratio has ranged from 0.27 to 0.88 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.25, Ta Chen Stainless Pipe Co 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 Steel company?
The median Cash Ratio among Steel companies is 0.25, based on 597 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. Ta Chen Stainless Pipe Co's current Cash Ratio of 0.50 is 100% 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 Ta Chen Stainless Pipe Co and its competitors. For the Steel industry, the median Cash Ratio is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ta Chen Stainless Pipe Co's current Cash Ratio is 0.50, which is near median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta Chen Stainless Pipe Co stock overvalued right now?
Based on GuruFocus' analysis, Ta Chen Stainless Pipe Co (TPE:2027) is currently considered Fairly Valued. The stock's GF Value™ is NT$44.39, compared to a current price of NT$45.75 — trading 3.1% above its estimated fair value. The current Cash Ratio is 0.50, which is near median its 10-year median of 0.50 and 100% above the Steel industry median of 0.25. Ta Chen Stainless Pipe Co's overall GF Score™ is 87/100 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 Ta Chen Stainless Pipe Co (TPE:2027), the current Cash Ratio is 0.50 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 Ta Chen Stainless Pipe Co (TPE:2027) Overvalued in 2026?
Based on GuruFocus' analysis, Ta Chen Stainless Pipe Co stock appears to be overvalued.
The current stock price of NT$45.75 is trading 3.1% above its estimated GF Value™ of NT$44.39.
GuruFocus considers Ta Chen Stainless Pipe Co to be Fairly Valued.
Key valuation signals for TPE:2027:
Cash Ratio: 0.50 (near median its 10-year median of 0.50)
GF Value™: NT$44.39 vs. price of NT$45.75 (3.1% above fair value)
Industry Position: 100% above the Steel median (#208 of 597)
No single metric tells the full story. See the TPE:2027 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ta Chen Stainless Pipe Co Ltd is engaged in the manufacturing, processing, and selling of stainless steel pipes and stainless steel pipe fittings, stainless steel plates, as well as the manufacturing and sale of venetian blinds. It is also engaged in the manufacturing and selling of aluminum products and the sale of screws and nuts. The Group's operating segments are: Stainless steel and aluminum, Aluminum manufacturing, Screws and nuts, and Curtain and decorations. The majority of its revenue is derived from the Stainless steel and aluminum segment, which offers stainless steel pipes, stainless steel pipe fittings, as well as stainless steel plates (rolls), bars, and aluminum products. Geographically, the Group generates maximum revenue from the USA, followed by Taiwan and other markets.
87GF Score
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