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Shin Shin Natural Gas CoTPE:9918 +0.47%81 Cash Ratio is 1.69 as of Jun. 2026, which is 32% above its 10-year median of 1.28. GuruFocus rates TPE:9918 with a GF Score™ of 81/100 and a GF Value™ of NT$41.69 (Fairly Valued). The stock has 3 warning signs investors should review. Among 486 Utilities - Regulated companies, Shin Shin Natural Gas Co ranks better than 90.12% on this metric.
Shin Shin Natural Gas Co has a Cash Ratio of 1.69. 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 Shin Shin Natural Gas Co's Cash Ratio or its related term are showing as below:
TPE:9918'
s Cash Ratio Range Over the Past 10 Years
Min: 0.87 Med: 1.28 Max: 2.13
Current: 1.69
During the past 13 years, Shin Shin Natural Gas Co's highest Cash Ratio was 2.13. The lowest was 0.87. And the median was 1.28.
TPE:9918's Cash Ratio is ranked better than 90.12% of 486
companies
in the Utilities - Regulated industry
Industry Median: 0.33
vs TPE:9918: 1.69
Shin Shin Natural Gas Co (TPE:9918) 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.
Shin Shin Natural Gas Co Cash Ratio Related Terms
Shin Shin Natural Gas 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 Utilities - Regulated Gas subindustry, Shin Shin Natural Gas 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.
Shin Shin Natural Gas Co Cash Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Shin Shin Natural Gas Co's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Shin Shin Natural Gas 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.
Shin Shin Natural Gas Co (TPE:9918) has a Cash Ratio of 1.69 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Shin Shin Natural Gas Co and its competitors. This is 32% above median its historical median of 1.28. Over the past decade, Shin Shin Natural Gas Co's Cash Ratio has ranged from 0.87 to 2.13. According to the industry distribution chart, Shin Shin Natural Gas Co ranks #48 out of 486 companies in the Utilities - Regulated industry, placing it in the top 9.9%.
Is Shin Shin Natural Gas Co's Cash Ratio too high?
Shin Shin Natural Gas Co's current Cash Ratio of 1.69 is 32% above median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 2.13. The Utilities - Regulated industry median Cash Ratio is 0.33. Shin Shin Natural Gas Co's value of 1.69 is 412.1% above this industry median. Based on the distribution chart, Shin Shin Natural Gas Co ranks #48 out of 486 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Shin Shin Natural Gas Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shin Shin Natural Gas Co's Cash Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin Shin Natural Gas Co ranks #48 out of 486 companies for Cash Ratio. This places Shin Shin Natural Gas Co in the top 10% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.33. Shin Shin Natural Gas Co's value of 1.69 is 412.1% above this benchmark. Historically, Shin Shin Natural Gas Co's own Cash Ratio has ranged from 0.87 to 2.13 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 0.33, Shin Shin Natural Gas 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 an Utilities - Regulated company?
The median Cash Ratio among Utilities - Regulated companies is 0.33, based on 486 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. Shin Shin Natural Gas Co's current Cash Ratio of 1.69 is 412.1% 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 Shin Shin Natural Gas Co and its competitors. For the Utilities - Regulated industry, the median Cash Ratio is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Shin Natural Gas Co's current Cash Ratio is 1.69, which is 32% above median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Shin Natural Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Shin Natural Gas Co (TPE:9918) is currently considered Fairly Valued. The stock's GF Value™ is NT$41.69, compared to a current price of NT$43.00 — trading 3.1% above its estimated fair value. The current Cash Ratio is 1.69, which is 32% above median its 10-year median of 1.28 and 412.1% above the Utilities - Regulated industry median of 0.33. Shin Shin Natural Gas Co's overall GF Score™ is 81/100 with 3 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 Shin Shin Natural Gas Co (TPE:9918), the current Cash Ratio is 1.69 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 Shin Shin Natural Gas Co (TPE:9918) Overvalued in 2026?
Based on GuruFocus' analysis, Shin Shin Natural Gas Co stock appears to be overvalued.
The current stock price of NT$43.00 is trading 3.1% above its estimated GF Value™ of NT$41.69.
GuruFocus considers Shin Shin Natural Gas Co to be Fairly Valued.
Key valuation signals for TPE:9918:
Cash Ratio: 1.69 (32% above median its 10-year median of 1.28)
GF Value™: NT$41.69 vs. price of NT$43.00 (3.1% above fair value)
Industry Position: 412.1% above the Utilities - Regulated median (#48 of 486)
No single metric tells the full story. See the TPE:9918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin Shin Natural Gas Co Ltd is a Taiwan-based company engaged in the transmission of combustible natural gas by pipeline for non-industrial fuel supply, the installation of gas pipeline construction, and other related natural gas industry and affiliated businesses. The company mainly operates in two segments which are the Gas sales segment mainly responsible for the supply of natural gas to customers through pipelines and the Installation segment mainly responsible for the installation of natural gas transmission pipelines and gas safety equipment.
81GF Score
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