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Ping Ho Environmental Technology Co has a Cash Ratio of 0.66. 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.
Ping Ho Environmental Technology Co (TPE:6771) 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.
Ping Ho Environmental Technology Co Cash Ratio Related Terms
Ping Ho Environmental Technology 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.
Ping Ho Environmental Technology Co Cash Ratio Chart
For the Waste Management subindustry, Ping Ho Environmental Technology 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.
Ping Ho Environmental Technology Co Cash Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Ping Ho Environmental Technology Co's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Ping Ho Environmental Technology 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.
Ping Ho Environmental Technology Co (TPE:6771) has a Cash Ratio of 0.66 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Ping Ho Environmental Technology Co and its competitors. This is 19% below median its historical median of 0.81. Over the past decade, Ping Ho Environmental Technology Co's Cash Ratio has ranged from 0.22 to 2.96. According to the industry distribution chart, Ping Ho Environmental Technology Co ranks #92 out of 243 companies in the Waste Management industry, placing it in the top 37.9%.
Is Ping Ho Environmental Technology Co's Cash Ratio too high?
Ping Ho Environmental Technology Co's current Cash Ratio of 0.66 is 19% below median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 2.96. The Waste Management industry median Cash Ratio is 0.41. Ping Ho Environmental Technology Co's value of 0.66 is 61% above this industry median. Based on the distribution chart, Ping Ho Environmental Technology Co ranks #92 out of 243 companies in the Waste Management industry, which is above the industry midpoint. Overall, Ping Ho Environmental Technology Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ping Ho Environmental Technology Co's Cash Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Ping Ho Environmental Technology Co ranks #92 out of 243 companies for Cash Ratio. This puts Ping Ho Environmental Technology Co in the upper half of its industry. The industry median Cash Ratio is 0.41. Ping Ho Environmental Technology Co's value of 0.66 is 61% above this benchmark. Historically, Ping Ho Environmental Technology Co's own Cash Ratio has ranged from 0.22 to 2.96 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 0.41, Ping Ho Environmental Technology 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 Waste Management company?
The median Cash Ratio among Waste Management companies is 0.41, based on 243 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. Ping Ho Environmental Technology Co's current Cash Ratio of 0.66 is 61% 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 Ping Ho Environmental Technology Co and its competitors. For the Waste Management industry, the median Cash Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ping Ho Environmental Technology Co's current Cash Ratio is 0.66, which is 19% below median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ping Ho Environmental Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ping Ho Environmental Technology Co (TPE:6771) is currently considered Fairly Valued. The stock's GF Value™ is NT$44.02, compared to a current price of NT$41.60 — trading 5.5% below its estimated fair value. The current Cash Ratio is 0.66, which is 19% below median its 10-year median of 0.81 and 61% above the Waste Management industry median of 0.41. Ping Ho Environmental Technology Co's overall GF Score™ is 75/100 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 Ping Ho Environmental Technology Co (TPE:6771), the current Cash Ratio is 0.66 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 Ping Ho Environmental Technology Co (TPE:6771) Overvalued in 2026?
Based on GuruFocus' analysis, Ping Ho Environmental Technology Co stock appears to be undervalued.
The current stock price of NT$41.60 is trading 5.5% below its estimated GF Value™ of NT$44.02.
GuruFocus considers Ping Ho Environmental Technology Co to be Fairly Valued.
Key valuation signals for TPE:6771:
Cash Ratio: 0.66 (19% below median its 10-year median of 0.81)
GF Value™: NT$44.02 vs. price of NT$41.60 (5.5% below fair value)
Industry Position: 61% above the Waste Management median (#92 of 243)
No single metric tells the full story. See the TPE:6771 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ping Ho Environmental Technology Co Ltd is engaged in wastewater treatment business. It has patent for a regenerating coagulant which converts waste acid liquid and iron-containing sludge into special iron coagulants required for chemical. The Company derives its operating income from revenue generated by the treatment of wastewater.
75GF Score
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