IC Plus (ROCO:8040) Current Ratio: 22.21 (As of Dec. 2025) — 690% Above Median


ROCO:8040 IC Plus Corp ROCO:8040
47 GF Score
Price NT$92.90
GF Value NT$46.02
Valuation Significantly Overvalued
! 1 Warning Sign
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What is IC Plus Current Ratio?

IC Plus ROCO:8040 -1.69% 47 Current Ratio is 22.21 as of Dec. 2025, which is 690% above its 10-year median of 2.81. GuruFocus rates ROCO:8040 with a GF Score™ of 47/100 and a GF Value™ of NT$46.02 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,027 Semiconductors companies, IC Plus ranks better than 97.96% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. IC Plus's current ratio for the quarter that ended in Dec. 2025 was 22.21.

IC Plus has a current ratio of 22.21. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for IC Plus's Current Ratio or its related term are showing as below:

ROCO:8040' s Current Ratio Range Over the Past 10 Years
Min: 1.63   Med: 2.81   Max: 22.21
Current: 22.21

During the past 13 years, IC Plus's highest Current Ratio was 22.21. The lowest was 1.63. And the median was 2.81.

ROCO:8040's Current Ratio is ranked better than
97.96% of 1027 companies
in the Semiconductors industry
Industry Median: 2.49 vs ROCO:8040: 22.21

IC Plus  (ROCO:8040) 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.


IC Plus Current Ratio Related Terms


IC Plus Current Ratio Historical Data

* Premium members only.

The historical data trend for IC Plus's Current Ratio can be seen below:

* 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.

IC Plus Current Ratio Chart

IC Plus Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 2.86 3.22 16.93 22.21

IC Plus Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.93 20.02 20.06 18.77 22.21

ROCO:8040 vs NVDA, AVGO, MU: Current Ratio Comparison

For the Semiconductors subindustry, IC Plus'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.


IC Plus Current Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, IC Plus's Current Ratio distribution charts can be found below:

* The bar in red indicates where IC Plus's Current Ratio falls into.


ROCO:8040
47GF Score
IC Plus Corp ROCO:8040
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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IC Plus Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

IC Plus's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=2236.166/100.688
=22.21

IC Plus's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=2236.166/100.688
=22.21

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 22.21 mean?
IC Plus (ROCO:8040) has a Current Ratio of 22.21 as of Dec. 2025. This is 690% above median its historical median of 2.81. Over the past decade, IC Plus' Current Ratio has ranged from 1.63 to 22.21. According to the industry distribution chart, IC Plus ranks #21 out of 1027 companies in the Semiconductors industry, placing it in the top 2%.
Is IC Plus' Current Ratio too high?
IC Plus' current Current Ratio of 22.21 is 690% above median its 10-year median of 2.81. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 22.21. The Semiconductors industry median Current Ratio is 2.49. IC Plus' value of 22.21 is 792% above this industry median. Based on the distribution chart, IC Plus ranks #21 out of 1027 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, IC Plus has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IC Plus' Current Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, IC Plus ranks #21 out of 1027 companies for Current Ratio. This places IC Plus in the top 2% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.49. IC Plus' value of 22.21 is 792% above this benchmark. Historically, IC Plus' own Current Ratio has ranged from 1.63 to 22.21 over the past decade. While the company's 10-year median is 2.81 vs. the industry median of 2.49, IC Plus 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 Current Ratio for a Semiconductors company?
The median Current Ratio among Semiconductors companies is 2.49, based on 1,027 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. IC Plus's current Current Ratio of 22.21 is 792% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median Current Ratio is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IC Plus's current Current Ratio is 22.21, which is 690% above median its own 10-year median of 2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IC Plus stock overvalued right now?
Based on GuruFocus' analysis, IC Plus (ROCO:8040) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$46.02, compared to a current price of NT$92.90 — trading 101.9% above its estimated fair value. The current Current Ratio is 22.21, which is 690% above median its 10-year median of 2.81 and 792% above the Semiconductors industry median of 2.49. IC Plus' overall GF Score™ is 47/100 with 1 warning sign 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 IC Plus (ROCO:8040), the current Current Ratio is 22.21 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 IC Plus (ROCO:8040) Overvalued in 2026?

Based on GuruFocus' analysis, IC Plus stock appears to be overvalued. The current stock price of NT$92.90 is trading 101.9% above its estimated GF Value™ of NT$46.02. GuruFocus considers IC Plus to be Significantly Overvalued.

Key valuation signals for ROCO:8040:

  • Current Ratio: 22.21 (690% above median its 10-year median of 2.81)
  • GF Value™: NT$46.02 vs. price of NT$92.90 (101.9% above fair value)
  • GF Score™: 47/100 with 1 warning sign
  • Industry Position: 792% above the Semiconductors median (#21 of 1027)

No single metric tells the full story. See the ROCO:8040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IC Plus Business Description

Address No. 47, Guangfu Road, 10th Floor, Lane 2, Section 2, East District, Hsinchu, TWN, 30071
IC Plus Corp is a Taiwan-based company engaged in researching, developing, manufacturing, selling, importing, and exporting trading of integrated circuits. The company only has the IC design segment as the single reporting segment. The primary operating activity of the IC design segment is the design of Ethernet integrated circuit products. Its Geographic regions are Taiwan, China, and others, and the majority of the revenue comes from China.
47GF Score

Get the complete analysis for ROCO:8040

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$92.90
Price
NT$46.02
GF Value