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Techzone Technology Materials Co has a current ratio of 0.60. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Techzone Technology Materials Co has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Techzone Technology Materials Co's Current Ratio or its related term are showing as below:
ROCO:6947'
s Current Ratio Range Over the Past 10 Years
Min: 0.48 Med: 0.6 Max: 1.12
Current: 0.6
During the past 7 years, Techzone Technology Materials Co's highest Current Ratio was 1.12. The lowest was 0.48. And the median was 0.60.
ROCO:6947's Current Ratio is ranked worse than 91.43% of 245
companies
in the Waste Management industry
Industry Median: 1.55
vs ROCO:6947: 0.60
Techzone Technology Materials Co (ROCO:6947) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Techzone Technology Materials Co Current Ratio Related Terms
Techzone Technology Materials Co Current 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.
Techzone Technology Materials Co Current Ratio Chart
ROCO:6947 vs WM, RSG, WCN: Current Ratio Comparison
For the Waste Management subindustry, Techzone Technology Materials Co's Current Ratio, along with its competitors' market caps and Current 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.
Techzone Technology Materials Co Current Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Techzone Technology Materials Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Techzone Technology Materials Co's Current 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.
Techzone Technology Materials Co (ROCO:6947) has a Current Ratio of 0.60 as of Dec. 2025. This is near median its historical median of 0.60. Over the past decade, Techzone Technology Materials Co's Current Ratio has ranged from 0.48 to 1.12. According to the industry distribution chart, Techzone Technology Materials Co ranks #224 out of 245 companies in the Waste Management industry, placing it in the top 91.4%.
Is Techzone Technology Materials Co's Current Ratio too high?
Techzone Technology Materials Co's current Current Ratio of 0.60 is near median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.12. The Waste Management industry median Current Ratio is 1.55. Techzone Technology Materials Co's value of 0.60 is 61.3% below this industry median. Based on the distribution chart, Techzone Technology Materials Co ranks #224 out of 245 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Techzone Technology Materials Co has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Techzone Technology Materials Co's Current Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Techzone Technology Materials Co ranks #224 out of 245 companies for Current Ratio. This places Techzone Technology Materials Co in the lower half of its industry. The industry median Current Ratio is 1.55. Techzone Technology Materials Co's value of 0.60 is 61.3% below this benchmark. Historically, Techzone Technology Materials Co's own Current Ratio has ranged from 0.48 to 1.12 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.55, Techzone Technology Materials Co 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 Current Ratio for a Waste Management company?
The median Current Ratio among Waste Management companies is 1.55, based on 245 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Techzone Technology Materials Co's current Current Ratio of 0.60 is 61.3% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Waste Management industry, the median Current Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techzone Technology Materials Co's current Current Ratio is 0.60, which is near median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techzone Technology Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Techzone Technology Materials Co (ROCO:6947) is currently considered Possible Value Trap. The stock's GF Value™ is NT$124.65, compared to a current price of NT$81.00 — trading 35% below its estimated fair value. The current Current Ratio is 0.60, which is near median its 10-year median of 0.60 and 61.3% below the Waste Management industry median of 1.55. Techzone Technology Materials Co's overall GF Score™ is 55/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Techzone Technology Materials Co (ROCO:6947), the current Current Ratio is 0.60 as of Dec. 2025. 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 Techzone Technology Materials Co (ROCO:6947) Overvalued in 2026?
Based on GuruFocus' analysis, Techzone Technology Materials Co stock appears to be undervalued.
The current stock price of NT$81.00 is trading 35% below its estimated GF Value™ of NT$124.65.
GuruFocus considers Techzone Technology Materials Co to be Possible Value Trap.
Key valuation signals for ROCO:6947:
Current Ratio: 0.60 (near median its 10-year median of 0.60)
GF Value™: NT$124.65 vs. price of NT$81.00 (35% below fair value)
Industry Position: 61.3% below the Waste Management median (#224 of 245)
No single metric tells the full story. See the ROCO:6947 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techzone Technology Materials Co Business Description
Techzone Technology Materials Co Ltd provides waste treatment and disposal solutions. The company operates an industrial waste treatment center combining incineration treatment, waste heat recovery, and distillation recycling.
55GF Score
Get the complete analysis for ROCO:6947
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