Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Global Lighting Technologies has a Cash Ratio of 4.43. 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 Global Lighting Technologies's Cash Ratio or its related term are showing as below:
TPE:4935'
s Cash Ratio Range Over the Past 10 Years
Min: 0.82 Med: 1.47 Max: 4.43
Current: 4.43
During the past 13 years, Global Lighting Technologies's highest Cash Ratio was 4.43. The lowest was 0.82. And the median was 1.47.
TPE:4935's Cash Ratio is ranked better than 93.1% of 2378
companies
in the Hardware industry
Industry Median: 0.59
vs TPE:4935: 4.43
Global Lighting Technologies (TPE:4935) 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.
Global Lighting Technologies Cash Ratio Related Terms
Global Lighting Technologies 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 Electronic Components subindustry, Global Lighting Technologies'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.
Global Lighting Technologies Cash Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Global Lighting Technologies's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Global Lighting Technologies'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.
Global Lighting Technologies (TPE:4935) has a Cash Ratio of 4.43 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Global Lighting Technologies and its competitors. This is 201% above median its historical median of 1.47. Over the past decade, Global Lighting Technologies' Cash Ratio has ranged from 0.82 to 4.43. According to the industry distribution chart, Global Lighting Technologies ranks #164 out of 2378 companies in the Hardware industry, placing it in the top 6.9%.
Is Global Lighting Technologies' Cash Ratio too high?
Global Lighting Technologies' current Cash Ratio of 4.43 is 201% above median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 4.43. The Hardware industry median Cash Ratio is 0.59. Global Lighting Technologies' value of 4.43 is 650.8% above this industry median. Based on the distribution chart, Global Lighting Technologies ranks #164 out of 2378 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Global Lighting Technologies has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Lighting Technologies' Cash Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Global Lighting Technologies ranks #164 out of 2378 companies for Cash Ratio. This places Global Lighting Technologies in the top 7% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.59. Global Lighting Technologies' value of 4.43 is 650.8% above this benchmark. Historically, Global Lighting Technologies' own Cash Ratio has ranged from 0.82 to 4.43 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 0.59, Global Lighting Technologies 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 0.59, based on 2,378 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. Global Lighting Technologies's current Cash Ratio of 4.43 is 650.8% 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 Global Lighting Technologies and its competitors. For the Hardware industry, the median Cash Ratio is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Lighting Technologies's current Cash Ratio is 4.43, which is 201% above median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Lighting Technologies stock overvalued right now?
Based on GuruFocus' analysis, Global Lighting Technologies (TPE:4935) is currently considered Fairly Valued. The stock's GF Value™ is NT$32.70, compared to a current price of NT$34.35 — trading 5% above its estimated fair value. The current Cash Ratio is 4.43, which is 201% above median its 10-year median of 1.47 and 650.8% above the Hardware industry median of 0.59. Global Lighting Technologies' overall GF Score™ is 78/100 with 6 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 Global Lighting Technologies (TPE:4935), the current Cash Ratio is 4.43 as of Mar. 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 Global Lighting Technologies (TPE:4935) Overvalued in 2026?
Based on GuruFocus' analysis, Global Lighting Technologies stock appears to be overvalued.
The current stock price of NT$34.35 is trading 5% above its estimated GF Value™ of NT$32.70.
GuruFocus considers Global Lighting Technologies to be Fairly Valued.
Key valuation signals for TPE:4935:
Cash Ratio: 4.43 (201% above median its 10-year median of 1.47)
GF Value™: NT$32.70 vs. price of NT$34.35 (5% above fair value)
Industry Position: 650.8% above the Hardware median (#164 of 2378)
No single metric tells the full story. See the TPE:4935 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global Lighting Technologies Inc is engaged in the design, manufacturing, and sales of applications of light guide plates, the development of optical molds, and the manufacturing and sales of plastic components. The company has two reportable segments: the Department of light guide plates applications, which derives key revenue, provides the service of manufacturing and sales of related application products such as light guide plates; and the Department of plastic components, which provides the service of design, manufacturing, and sales of plastic components. Geographically, the company operates in Asia, America, and other regions, out of which it earns maximum revenue from Asia.
78GF Score
Get the complete analysis for TPE:4935
Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:4935 has been successfully added to your 
