Iron Force Industrial Co (TPE:2228) Cash Ratio: 1.88 (As of Jun. 2026) — 21% Above Median

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TPE:2228 Iron Force Industrial Co Ltd TPE:2228
90 GF Score
Price NT$73.70
GF Value NT$90.63
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Iron Force Industrial Co Cash Ratio?

Iron Force Industrial Co TPE:2228 -0.54% 90 Cash Ratio is 1.88 as of Jun. 2026, which is 21% above its 10-year median of 1.55. GuruFocus rates TPE:2228 with a GF Score™ of 90/100 and a GF Value™ of NT$90.63 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,260 Vehicles & Parts companies, Iron Force Industrial Co ranks better than 90.63% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Iron Force Industrial Co's Cash Ratio for the quarter that ended in Jun. 2026 was 1.88.

Iron Force Industrial Co has a Cash Ratio of 1.88. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Iron Force Industrial Co's Cash Ratio or its related term are showing as below:

TPE:2228' s Cash Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.55   Max: 2.62
Current: 1.88

During the past 13 years, Iron Force Industrial Co's highest Cash Ratio was 2.62. The lowest was 1.12. And the median was 1.55.

TPE:2228's Cash Ratio is ranked better than
90.63% of 1260 companies
in the Vehicles & Parts industry
Industry Median: 0.36 vs TPE:2228: 1.88

Iron Force Industrial Co  (TPE:2228) 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.


Iron Force Industrial Co Cash Ratio Related Terms


Iron Force Industrial Co Cash Ratio Historical Data

* Premium members only.

The historical data trend for Iron Force Industrial Co'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.

Iron Force Industrial Co Cash Ratio Chart

Iron Force Industrial Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 1.22 1.48 1.82 1.50

Iron Force Industrial Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.12 1.25 1.50 1.68 1.88

TPE:2228 vs ORLY, AZO: Cash Ratio Comparison

For the Auto Parts subindustry, Iron Force Industrial 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.


Iron Force Industrial Co Cash Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Iron Force Industrial Co's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Iron Force Industrial Co's Cash Ratio falls into.


TPE:2228
90GF Score
Iron Force Industrial Co Ltd TPE:2228
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iron Force Industrial Co Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Iron Force Industrial Co's Cash Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Cash Ratio (A: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=1109.9/740.475
=1.50

Iron Force Industrial Co's Cash Ratio for the quarter that ended in Jun. 2026 is calculated as:

Cash Ratio (Q: Jun. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=1827.913/971.678
=1.88

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 1.88 mean?
Iron Force Industrial Co (TPE:2228) has a Cash Ratio of 1.88 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Iron Force Industrial Co and its competitors. This is 21% above median its historical median of 1.55. Over the past decade, Iron Force Industrial Co's Cash Ratio has ranged from 1.12 to 2.62. According to the industry distribution chart, Iron Force Industrial Co ranks #118 out of 1260 companies in the Vehicles & Parts industry, placing it in the top 9.4%.
Is Iron Force Industrial Co's Cash Ratio too high?
Iron Force Industrial Co's current Cash Ratio of 1.88 is 21% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 2.62. The Vehicles & Parts industry median Cash Ratio is 0.36. Iron Force Industrial Co's value of 1.88 is 422.2% above this industry median. Based on the distribution chart, Iron Force Industrial Co ranks #118 out of 1260 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Iron Force Industrial Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Iron Force Industrial Co's Cash Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Iron Force Industrial Co ranks #118 out of 1260 companies for Cash Ratio. This places Iron Force Industrial Co in the top 9% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.36. Iron Force Industrial Co's value of 1.88 is 422.2% above this benchmark. Historically, Iron Force Industrial Co's own Cash Ratio has ranged from 1.12 to 2.62 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 0.36, Iron Force Industrial 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 Vehicles & Parts company?
The median Cash Ratio among Vehicles & Parts companies is 0.36, based on 1,260 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. Iron Force Industrial Co's current Cash Ratio of 1.88 is 422.2% 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 Iron Force Industrial Co and its competitors. For the Vehicles & Parts industry, the median Cash Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Force Industrial Co's current Cash Ratio is 1.88, which is 21% above median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iron Force Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Iron Force Industrial Co (TPE:2228) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$90.63, compared to a current price of NT$73.70 — trading 18.7% below its estimated fair value. The current Cash Ratio is 1.88, which is 21% above median its 10-year median of 1.55 and 422.2% above the Vehicles & Parts industry median of 0.36. Iron Force Industrial Co's overall GF Score™ is 90/100 with 2 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 Iron Force Industrial Co (TPE:2228), the current Cash Ratio is 1.88 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 Iron Force Industrial Co (TPE:2228) Overvalued in 2026?

Based on GuruFocus' analysis, Iron Force Industrial Co stock appears to be undervalued. The current stock price of NT$73.70 is trading 18.7% below its estimated GF Value™ of NT$90.63. GuruFocus considers Iron Force Industrial Co to be Modestly Undervalued.

Key valuation signals for TPE:2228:

  • Cash Ratio: 1.88 (21% above median its 10-year median of 1.55)
  • GF Value™: NT$90.63 vs. price of NT$73.70 (18.7% below fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 422.2% above the Vehicles & Parts median (#118 of 1260)

No single metric tells the full story. See the TPE:2228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iron Force Industrial Co Business Description

Address Xintai 5th Road, Section 1, 19 Floor, No. 98, Xizhi District, New Taipei City, TWN, 221
Iron Force Industrial Co Ltd is a Taiwan-based company mainly engaged in manufacturing and trading airbag inflators for automotive safety systems, high-precision metal tubes for seatbelt retractor/pretensioner systems, and trading display fixtures and other metal parts. The majority of its revenue is generated from the manufacturing and sales of automotive safety components. Geographically, the company generates maximum revenue from Mainland China and the rest from Taiwan and Europe.
90GF Score

Get the complete analysis for TPE:2228

Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$73.70
Price
NT$90.63
GF Value