TPE:3006's Current Ratio is ranked better than 51.7% of 1027
companies
in the Semiconductors industry
Industry Median: 2.49
vs TPE:3006: 2.58
Elite Semiconductor Microelectronics Tech (TPE:3006) 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.
Elite Semiconductor Microelectronics Tech Current Ratio Related Terms
Elite Semiconductor Microelectronics Tech 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.
Elite Semiconductor Microelectronics Tech Current Ratio Chart
Elite Semiconductor Microelectronics Tech Annual Data
TPE:3006 vs NVDA, AVGO, MU: Current Ratio Comparison
For the Semiconductors subindustry, Elite Semiconductor Microelectronics Tech'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.
Elite Semiconductor Microelectronics Tech Current Ratio vs Semiconductors Industry
* 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.
Elite Semiconductor Microelectronics Tech (TPE:3006) has a Current Ratio of 2.58 as of Dec. 2025. This is near median its historical median of 2.77. Over the past decade, Elite Semiconductor Microelectronics Tech's Current Ratio has ranged from 2.01 to 3.52. According to the industry distribution chart, Elite Semiconductor Microelectronics Tech ranks #496 out of 1027 companies in the Semiconductors industry, placing it in the top 48.3%.
Is Elite Semiconductor Microelectronics Tech's Current Ratio too high?
Elite Semiconductor Microelectronics Tech's current Current Ratio of 2.58 is near median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 3.52. The Semiconductors industry median Current Ratio is 2.49. Elite Semiconductor Microelectronics Tech's value of 2.58 is 3.6% above this industry median. Based on the distribution chart, Elite Semiconductor Microelectronics Tech ranks #496 out of 1027 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Elite Semiconductor Microelectronics Tech has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elite Semiconductor Microelectronics Tech's Current Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Elite Semiconductor Microelectronics Tech ranks #496 out of 1027 companies for Current Ratio. This puts Elite Semiconductor Microelectronics Tech in the upper half of its industry. The industry median Current Ratio is 2.49. Elite Semiconductor Microelectronics Tech's value of 2.58 is 3.6% above this benchmark. Historically, Elite Semiconductor Microelectronics Tech's own Current Ratio has ranged from 2.01 to 3.52 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 2.49, Elite Semiconductor Microelectronics Tech 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. Elite Semiconductor Microelectronics Tech's current Current Ratio of 2.58 is 3.6% 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. Elite Semiconductor Microelectronics Tech's current Current Ratio is 2.58, which is near median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Semiconductor Microelectronics Tech stock overvalued right now?
Based on GuruFocus' analysis, Elite Semiconductor Microelectronics Tech (TPE:3006) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$85.25, compared to a current price of NT$237.00 — trading 178% above its estimated fair value. The current Current Ratio is 2.58, which is near median its 10-year median of 2.77 and 3.6% above the Semiconductors industry median of 2.49. Elite Semiconductor Microelectronics Tech's overall GF Score™ is 52/100 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 Elite Semiconductor Microelectronics Tech (TPE:3006), the current Current Ratio is 2.58 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 Elite Semiconductor Microelectronics Tech (TPE:3006) Overvalued in 2026?
Based on GuruFocus' analysis, Elite Semiconductor Microelectronics Tech stock appears to be overvalued.
The current stock price of NT$237.00 is trading 178% above its estimated GF Value™ of NT$85.25.
GuruFocus considers Elite Semiconductor Microelectronics Tech to be Significantly Overvalued.
Key valuation signals for TPE:3006:
Current Ratio: 2.58 (near median its 10-year median of 2.77)
GF Value™: NT$85.25 vs. price of NT$237.00 (178% above fair value)
Industry Position: 3.6% above the Semiconductors median (#496 of 1027)
No single metric tells the full story. See the TPE:3006 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elite Semiconductor Microelectronics Tech Business Description
Elite Semiconductor Microelectronics Tech Inc is a Taiwan-based company engaged in the design of memory-integrated circuit boards. The company generates part of its revenue domestically, with the majority of revenue earned in the Asia region outside Taiwan. The company designs, manufactures, markets, and produces dynamic random-access memory, static random-access memory, and flash memory. Products are used in applications such as personal computer storage, portable electronic devices, communication devices, mobile phones, and servers.
52GF Score
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