Applied BioCodeTPE:6598 74 Current Ratio is 6.78 as of Dec. 2025, which is 19% below its 10-year median of 8.38. GuruFocus rates TPE:6598 with a GF Score™ of 74/100 and a GF Value™ of NT$23.33 (Fairly Valued). The stock has 6 warning signs investors should review. Among 855 Medical Devices & Instruments companies, Applied BioCode ranks better than 86.2% 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. Applied BioCode's current ratio for the quarter that ended in Dec. 2025 was 6.78.
Applied BioCode has a current ratio of 6.78. 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 Applied BioCode's Current Ratio or its related term are showing as below:
TPE:6598'
s Current Ratio Range Over the Past 10 Years
Min: 4.81 Med: 8.38 Max: 13.79
Current: 6.78
During the past 13 years, Applied BioCode's highest Current Ratio was 13.79. The lowest was 4.81. And the median was 8.38.
TPE:6598's Current Ratio is ranked better than 86.2% of 855
companies
in the Medical Devices & Instruments industry
Industry Median: 2.47
vs TPE:6598: 6.78
Applied BioCode (TPE:6598) 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.
Applied BioCode Current Ratio Related Terms
Applied BioCode Current Ratio Historical Data
* Premium members only.
The historical data trend for Applied BioCode'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.
TPE:6598 vs ABT, SYK, MDT: Current Ratio Comparison
For the Medical Devices subindustry, Applied BioCode'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.
Applied BioCode Current Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Applied BioCode's Current Ratio distribution charts can be found below:
* The bar in red indicates where Applied BioCode'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.
Applied BioCode (TPE:6598) has a Current Ratio of 6.78 as of Dec. 2025. This is 19% below median its historical median of 8.38. Over the past decade, Applied BioCode's Current Ratio has ranged from 4.81 to 13.79. According to the industry distribution chart, Applied BioCode ranks #118 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 13.8%.
Is Applied BioCode's Current Ratio too high?
Applied BioCode's current Current Ratio of 6.78 is 19% below median its 10-year median of 8.38. Over the past 10 years, this metric has ranged from a low of 4.81 to a high of 13.79. The Medical Devices & Instruments industry median Current Ratio is 2.47. Applied BioCode's value of 6.78 is 174.5% above this industry median. Based on the distribution chart, Applied BioCode ranks #118 out of 855 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Applied BioCode has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Applied BioCode's Current Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Applied BioCode ranks #118 out of 855 companies for Current Ratio. This places Applied BioCode in the top 14% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.47. Applied BioCode's value of 6.78 is 174.5% above this benchmark. Historically, Applied BioCode's own Current Ratio has ranged from 4.81 to 13.79 over the past decade. While the company's 10-year median is 8.38 vs. the industry median of 2.47, Applied BioCode 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 Medical Devices & Instruments company?
The median Current Ratio among Medical Devices & Instruments companies is 2.47, based on 855 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. Applied BioCode's current Current Ratio of 6.78 is 174.5% 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 Medical Devices & Instruments industry, the median Current Ratio is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied BioCode's current Current Ratio is 6.78, which is 19% below median its own 10-year median of 8.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied BioCode stock overvalued right now?
Based on GuruFocus' analysis, Applied BioCode (TPE:6598) is currently considered Fairly Valued. The stock's GF Value™ is NT$23.33, compared to a current price of NT$22.85 — trading 2.1% below its estimated fair value. The current Current Ratio is 6.78, which is 19% below median its 10-year median of 8.38 and 174.5% above the Medical Devices & Instruments industry median of 2.47. Applied BioCode's overall GF Score™ is 74/100 with 6 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 Applied BioCode (TPE:6598), the current Current Ratio is 6.78 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 Applied BioCode (TPE:6598) Overvalued in 2026?
Based on GuruFocus' analysis, Applied BioCode stock appears to be undervalued.
The current stock price of NT$22.85 is trading 2.1% below its estimated GF Value™ of NT$23.33.
GuruFocus considers Applied BioCode to be Fairly Valued.
Key valuation signals for TPE:6598:
Current Ratio: 6.78 (19% below median its 10-year median of 8.38)
GF Value™: NT$23.33 vs. price of NT$22.85 (2.1% below fair value)
Industry Position: 174.5% above the Medical Devices & Instruments median (#118 of 855)
No single metric tells the full story. See the TPE:6598 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied BioCode Corp is engaged in designing, developing, manufacturing, and commercializing multiplex testing products for the in-vitro diagnostics market. The company's in-vitro diagnostic products focus on the molecular infectious disease segment of the market with assays that detect pathogens for gastrointestinal tract infections, respiratory infections, and sexually transmitted infections. The firm's products include barcoded magnetic bead technology (BMB). The BMB technology and detection systems assist in the development of multiplexed nucleic acids or protein detection assays. The company also develops applications for other areas of the diagnostics industry including life science research, agricultural testing, and veterinary markets.
74GF Score
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