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Chung Tai Resource Technology has a Cash Ratio of 0.16. 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 Chung Tai Resource Technology's Cash Ratio or its related term are showing as below:
TPE:6923'
s Cash Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.49 Max: 1.16
Current: 0.16
During the past 7 years, Chung Tai Resource Technology's highest Cash Ratio was 1.16. The lowest was 0.16. And the median was 0.49.
TPE:6923's Cash Ratio is ranked worse than 76.54% of 243
companies
in the Waste Management industry
Industry Median: 0.4
vs TPE:6923: 0.16
Chung Tai Resource Technology (TPE:6923) 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.
Chung Tai Resource Technology Cash Ratio Related Terms
Chung Tai Resource Technology 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 Waste Management subindustry, Chung Tai Resource Technology'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.
Chung Tai Resource Technology Cash Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Chung Tai Resource Technology's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Chung Tai Resource Technology'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.
Chung Tai Resource Technology (TPE:6923) has a Cash Ratio of 0.16 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Chung Tai Resource Technology and its competitors. This is 67% below median its historical median of 0.49. Over the past decade, Chung Tai Resource Technology's Cash Ratio has ranged from 0.16 to 1.16. According to the industry distribution chart, Chung Tai Resource Technology ranks #186 out of 243 companies in the Waste Management industry, placing it in the top 76.5%.
Is Chung Tai Resource Technology's Cash Ratio too high?
Chung Tai Resource Technology's current Cash Ratio of 0.16 is 67% below median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.16. The Waste Management industry median Cash Ratio is 0.40. Chung Tai Resource Technology's value of 0.16 is 60% below this industry median. Based on the distribution chart, Chung Tai Resource Technology ranks #186 out of 243 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Chung Tai Resource Technology has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chung Tai Resource Technology's Cash Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Chung Tai Resource Technology ranks #186 out of 243 companies for Cash Ratio. This places Chung Tai Resource Technology in the lower half of its industry. The industry median Cash Ratio is 0.40. Chung Tai Resource Technology's value of 0.16 is 60% below this benchmark. Historically, Chung Tai Resource Technology's own Cash Ratio has ranged from 0.16 to 1.16 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.40, Chung Tai Resource Technology has consistently been below 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 0.40, 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. Chung Tai Resource Technology's current Cash Ratio of 0.16 is 60% below 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 Chung Tai Resource Technology and its competitors. For the Waste Management industry, the median Cash Ratio is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chung Tai Resource Technology's current Cash Ratio is 0.16, which is 67% below median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chung Tai Resource Technology stock overvalued right now?
Based on GuruFocus' analysis, Chung Tai Resource Technology (TPE:6923) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$86.40, compared to a current price of NT$76.90 — trading 11% below its estimated fair value. The current Cash Ratio is 0.16, which is 67% below median its 10-year median of 0.49 and 60% below the Waste Management industry median of 0.40. Chung Tai Resource Technology's overall GF Score™ is 72/100 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 Chung Tai Resource Technology (TPE:6923), the current Cash Ratio is 0.16 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 Chung Tai Resource Technology (TPE:6923) Overvalued in 2026?
Based on GuruFocus' analysis, Chung Tai Resource Technology stock appears to be undervalued.
The current stock price of NT$76.90 is trading 11% below its estimated GF Value™ of NT$86.40.
GuruFocus considers Chung Tai Resource Technology to be Modestly Undervalued.
Key valuation signals for TPE:6923:
Cash Ratio: 0.16 (67% below median its 10-year median of 0.49)
GF Value™: NT$86.40 vs. price of NT$76.90 (11% below fair value)
Industry Position: 60% below the Waste Management median (#186 of 243)
No single metric tells the full story. See the TPE:6923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chung Tai Resource Technology Corp is mainly engaged in waste disposal and treatment, recycling of waste lighting sources, and recycling of waste printed circuit boards. The company operates in two segments: Waste Disposal Treatments and Circular Economy, and Environmental Construction Services. A majority of its revenue is generated from the Waste Disposal Treatments and Circular Economy segment, which engages in waste disposal and treatment services, recycling of waste lighting sources, recycling of waste printed circuit boards, and electricity generation by waste heat. The Environmental Construction Services segment engages in soil and groundwater pollution remediation services. Geographically, it derives maximum revenue from Taiwan and the rest from Japan.
72GF Score
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