Everspring Industry Co (TPE:2390) Current Ratio: 4.34 (As of Dec. 2025) — 15% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:2390 Everspring Industry Co Ltd TPE:2390
73 GF Score
Price NT$11.75
GF Value NT$14.25
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Everspring Industry Co Current Ratio?

Everspring Industry Co TPE:2390 -3.29% 73 Current Ratio is 4.34 as of Dec. 2025, which is 15% above its 10-year median of 3.77. GuruFocus rates TPE:2390 with a GF Score™ of 73/100 and a GF Value™ of NT$14.25 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,092 Business Services companies, Everspring Industry Co ranks better than 85.99% 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. Everspring Industry Co's current ratio for the quarter that ended in Dec. 2025 was 4.34.

Everspring Industry Co has a current ratio of 4.34. 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 Everspring Industry Co's Current Ratio or its related term are showing as below:

TPE:2390' s Current Ratio Range Over the Past 10 Years
Min: 2.61   Med: 3.77   Max: 8.23
Current: 4.34

During the past 13 years, Everspring Industry Co's highest Current Ratio was 8.23. The lowest was 2.61. And the median was 3.77.

TPE:2390's Current Ratio is ranked better than
85.99% of 1092 companies
in the Business Services industry
Industry Median: 1.83 vs TPE:2390: 4.34

Everspring Industry Co  (TPE:2390) 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.


Everspring Industry Co Current Ratio Related Terms


Everspring Industry Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Everspring Industry Co'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.

Everspring Industry Co Current Ratio Chart

Everspring Industry Co 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 8.23 3.82 4.29 3.72 4.34

Everspring Industry Co 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 3.72 4.72 5.50 5.11 4.34

TPE:2390 vs ALLE, MSA, ADT: Current Ratio Comparison

For the Security & Protection Services subindustry, Everspring Industry 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.


Everspring Industry Co Current Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Everspring Industry Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Everspring Industry Co's Current Ratio falls into.


TPE:2390
73GF Score
Everspring Industry Co Ltd TPE:2390
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Everspring Industry Co 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.

Everspring Industry Co'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 )
=1619.457/372.898
=4.34

Everspring Industry Co'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 )
=1619.457/372.898
=4.34

* 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 4.34 mean?
Everspring Industry Co (TPE:2390) has a Current Ratio of 4.34 as of Dec. 2025. This is 15% above median its historical median of 3.77. Over the past decade, Everspring Industry Co's Current Ratio has ranged from 2.61 to 8.23. According to the industry distribution chart, Everspring Industry Co ranks #153 out of 1092 companies in the Business Services industry, placing it in the top 14%.
Is Everspring Industry Co's Current Ratio too high?
Everspring Industry Co's current Current Ratio of 4.34 is 15% above median its 10-year median of 3.77. Over the past 10 years, this metric has ranged from a low of 2.61 to a high of 8.23. The Business Services industry median Current Ratio is 1.83. Everspring Industry Co's value of 4.34 is 137.2% above this industry median. Based on the distribution chart, Everspring Industry Co ranks #153 out of 1092 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Everspring Industry Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Everspring Industry Co's Current Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Everspring Industry Co ranks #153 out of 1092 companies for Current Ratio. This places Everspring Industry Co in the top 14% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.83. Everspring Industry Co's value of 4.34 is 137.2% above this benchmark. Historically, Everspring Industry Co's own Current Ratio has ranged from 2.61 to 8.23 over the past decade. While the company's 10-year median is 3.77 vs. the industry median of 1.83, Everspring Industry 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 Business Services company?
The median Current Ratio among Business Services companies is 1.83, based on 1,092 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. Everspring Industry Co's current Current Ratio of 4.34 is 137.2% 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 Business Services industry, the median Current Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everspring Industry Co's current Current Ratio is 4.34, which is 15% above median its own 10-year median of 3.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everspring Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Everspring Industry Co (TPE:2390) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.25, compared to a current price of NT$11.75 — trading 17.5% below its estimated fair value. The current Current Ratio is 4.34, which is 15% above median its 10-year median of 3.77 and 137.2% above the Business Services industry median of 1.83. Everspring Industry Co's overall GF Score™ is 73/100 with 4 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 Everspring Industry Co (TPE:2390), the current Current Ratio is 4.34 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 Everspring Industry Co (TPE:2390) Overvalued in 2026?

Based on GuruFocus' analysis, Everspring Industry Co stock appears to be undervalued. The current stock price of NT$11.75 is trading 17.5% below its estimated GF Value™ of NT$14.25. GuruFocus considers Everspring Industry Co to be Modestly Undervalued.

Key valuation signals for TPE:2390:

  • Current Ratio: 4.34 (15% above median its 10-year median of 3.77)
  • GF Value™: NT$14.25 vs. price of NT$11.75 (17.5% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 137.2% above the Business Services median (#153 of 1092)

No single metric tells the full story. See the TPE:2390 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Everspring Industry Co Business Description

Address Zhonghua Road, Sector 1, 3rd Floor, No.50, Tucheng District, New Taipei City, TWN, 23666
Everspring Industry Co Ltd is a Taiwan-based company engaged in the production, manufacturing, reprocessing and trading of burglar alarm and other electronic products and parts. The company offers home and building solutions that cover products such as control panel, alarm system, automation, system, and other related products. Its reportable segments are Intelligent security control and the Security service segment. Geographically, the company derives its key revenue from Taiwan and the rest from China, and other regions.
73GF Score

Get the complete analysis for TPE:2390

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

NT$11.75
Price
NT$14.25
GF Value