Kenda Rubber Industrial CoTPE:2106 59 Current Ratio is 2.71 as of Dec. 2025, which is 15% above its 10-year median of 2.35. GuruFocus rates TPE:2106 with a GF Score™ of 59/100 and a GF Value™ of NT$27.62 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Kenda Rubber Industrial Co ranks better than 80.78% 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. Kenda Rubber Industrial Co's current ratio for the quarter that ended in Dec. 2025 was 2.71.
Kenda Rubber Industrial Co has a current ratio of 2.71. It generally indicates good short-term financial strength.
The historical rank and industry rank for Kenda Rubber Industrial Co's Current Ratio or its related term are showing as below:
TPE:2106'
s Current Ratio Range Over the Past 10 Years
Min: 2.13 Med: 2.35 Max: 3.51
Current: 2.71
During the past 13 years, Kenda Rubber Industrial Co's highest Current Ratio was 3.51. The lowest was 2.13. And the median was 2.35.
TPE:2106's Current Ratio is ranked better than 80.78% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 1.53
vs TPE:2106: 2.71
Kenda Rubber Industrial Co (TPE:2106) 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.
Kenda Rubber Industrial Co Current Ratio Related Terms
Kenda Rubber Industrial 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.
For the Auto Parts subindustry, Kenda Rubber Industrial 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.
Kenda Rubber Industrial Co Current Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Kenda Rubber Industrial Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Kenda Rubber Industrial 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.
Kenda Rubber Industrial Co (TPE:2106) has a Current Ratio of 2.71 as of Dec. 2025. This is 15% above median its historical median of 2.35. Over the past decade, Kenda Rubber Industrial Co's Current Ratio has ranged from 2.13 to 3.51. According to the industry distribution chart, Kenda Rubber Industrial Co ranks #257 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 19.2%.
Is Kenda Rubber Industrial Co's Current Ratio too high?
Kenda Rubber Industrial Co's current Current Ratio of 2.71 is 15% above median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 3.51. The Vehicles & Parts industry median Current Ratio is 1.53. Kenda Rubber Industrial Co's value of 2.71 is 77.1% above this industry median. Based on the distribution chart, Kenda Rubber Industrial Co ranks #257 out of 1337 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Kenda Rubber Industrial Co has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kenda Rubber Industrial Co's Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Kenda Rubber Industrial Co ranks #257 out of 1337 companies for Current Ratio. This places Kenda Rubber Industrial Co in the top 19% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.53. Kenda Rubber Industrial Co's value of 2.71 is 77.1% above this benchmark. Historically, Kenda Rubber Industrial Co's own Current Ratio has ranged from 2.13 to 3.51 over the past decade. While the company's 10-year median is 2.35 vs. the industry median of 1.53, Kenda Rubber Industrial 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 Current Ratio for a Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.53, based on 1,337 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. Kenda Rubber Industrial Co's current Current Ratio of 2.71 is 77.1% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median Current Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kenda Rubber Industrial Co's current Current Ratio is 2.71, which is 15% above median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenda Rubber Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Kenda Rubber Industrial Co (TPE:2106) is currently considered Possible Value Trap. The stock's GF Value™ is NT$27.62, compared to a current price of NT$16.85 — trading 39% below its estimated fair value. The current Current Ratio is 2.71, which is 15% above median its 10-year median of 2.35 and 77.1% above the Vehicles & Parts industry median of 1.53. Kenda Rubber Industrial Co's overall GF Score™ is 59/100 with 9 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 Kenda Rubber Industrial Co (TPE:2106), the current Current Ratio is 2.71 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 Kenda Rubber Industrial Co (TPE:2106) Overvalued in 2026?
Based on GuruFocus' analysis, Kenda Rubber Industrial Co stock appears to be undervalued.
The current stock price of NT$16.85 is trading 39% below its estimated GF Value™ of NT$27.62.
GuruFocus considers Kenda Rubber Industrial Co to be Possible Value Trap.
Key valuation signals for TPE:2106:
Current Ratio: 2.71 (15% above median its 10-year median of 2.35)
GF Value™: NT$27.62 vs. price of NT$16.85 (39% below fair value)
Industry Position: 77.1% above the Vehicles & Parts median (#257 of 1337)
No single metric tells the full story. See the TPE:2106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kenda Rubber Industrial Co Ltd is engaged in the manufacturing and trading of rubber products such as inner tubes and tires of bicycles, scooters, industrial trucks, cars, and various products of carbon fiber. The company operates in four geographical areas such as China, the united states, Taiwan and Vietnam. The majority of the revenue is earn from united states.
59GF Score
Get the complete analysis for TPE:2106
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