TSEC (TPE:6443) Quick Ratio: 0.98 (As of Dec. 2025) — 21% Above Median


TPE:6443 TSEC Corp TPE:6443
36 GF Score
Price NT$31.75
GF Value NT$6.07
Valuation Significantly Overvalued
! 5 Warning Signs
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What is TSEC Quick Ratio?

TSEC TPE:6443 -8.24% 36 Quick Ratio is 0.98 as of Dec. 2025, which is 21% above its 10-year median of 0.81. GuruFocus rates TPE:6443 with a GF Score™ of 36/100 and a GF Value™ of NT$6.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,027 Semiconductors companies, TSEC ranks worse than 77.6% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. TSEC's quick ratio for the quarter that ended in Dec. 2025 was 0.98.

TSEC has a quick ratio of 0.98. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for TSEC's Quick Ratio or its related term are showing as below:

TPE:6443' s Quick Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.81   Max: 1.59
Current: 0.98

During the past 13 years, TSEC's highest Quick Ratio was 1.59. The lowest was 0.27. And the median was 0.81.

TPE:6443's Quick Ratio is ranked worse than
77.6% of 1027 companies
in the Semiconductors industry
Industry Median: 1.85 vs TPE:6443: 0.98

TSEC  (TPE:6443) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


TSEC Quick Ratio Related Terms


TSEC Quick Ratio Historical Data

* Premium members only.

The historical data trend for TSEC's Quick 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.

TSEC Quick Ratio Chart

TSEC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.80 1.50 1.59 0.98

TSEC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Quick 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 1.59 1.60 1.48 1.15 0.98

TPE:6443 vs FSLR, NXT, ENPH: Quick Ratio Comparison

For the Solar subindustry, TSEC's Quick Ratio, along with its competitors' market caps and Quick 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.


TSEC Quick Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, TSEC's Quick Ratio distribution charts can be found below:

* The bar in red indicates where TSEC's Quick Ratio falls into.


TPE:6443
36GF Score
TSEC Corp TPE:6443
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSEC Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

TSEC's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1567.523-374.853)/1217.421
=0.98

TSEC's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1567.523-374.853)/1217.421
=0.98

* 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 Quick Ratio →
What does a Quick Ratio of 0.98 mean?
TSEC (TPE:6443) has a Quick Ratio of 0.98 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TSEC and its competitors. This is 21% above median its historical median of 0.81. Over the past decade, TSEC's Quick Ratio has ranged from 0.27 to 1.59. According to the industry distribution chart, TSEC ranks #797 out of 1027 companies in the Semiconductors industry, placing it in the top 77.6%.
Is TSEC's Quick Ratio too high?
TSEC's current Quick Ratio of 0.98 is 21% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.59. The Semiconductors industry median Quick Ratio is 1.85. TSEC's value of 0.98 is 47% below this industry median. Based on the distribution chart, TSEC ranks #797 out of 1027 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, TSEC has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TSEC's Quick Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, TSEC ranks #797 out of 1027 companies for Quick Ratio. This places TSEC in the lower half of its industry. The industry median Quick Ratio is 1.85. TSEC's value of 0.98 is 47% below this benchmark. Historically, TSEC's own Quick Ratio has ranged from 0.27 to 1.59 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.85, TSEC has consistently been below 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 Quick Ratio for a Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.85, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TSEC's current Quick Ratio of 0.98 is 47% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TSEC and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSEC's current Quick Ratio is 0.98, which is 21% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSEC stock overvalued right now?
Based on GuruFocus' analysis, TSEC (TPE:6443) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$6.07, compared to a current price of NT$31.75 — trading 423.1% above its estimated fair value. The current Quick Ratio is 0.98, which is 21% above median its 10-year median of 0.81 and 47% below the Semiconductors industry median of 1.85. TSEC's overall GF Score™ is 36/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For TSEC (TPE:6443), the current Quick Ratio is 0.98 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 TSEC (TPE:6443) Overvalued in 2026?

Based on GuruFocus' analysis, TSEC stock appears to be overvalued. The current stock price of NT$31.75 is trading 423.1% above its estimated GF Value™ of NT$6.07. GuruFocus considers TSEC to be Significantly Overvalued.

Key valuation signals for TPE:6443:

  • Quick Ratio: 0.98 (21% above median its 10-year median of 0.81)
  • GF Value™: NT$6.07 vs. price of NT$31.75 (423.1% above fair value)
  • GF Score™: 36/100 with 5 warning signs
  • Industry Position: 47% below the Semiconductors median (#797 of 1027)

No single metric tells the full story. See the TPE:6443 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TSEC Business Description

Address Beixin Road, 8th Floor, No. 225, Sector 3, Xindian District, Taipei City, TWN, 23143
TSEC Corp is a Taiwan based PV manufacturing company. The company is engaged in the design, manufacture, construction, and sale of solar cells, modules, and power plants. It focuses on solar cells and module R&D, production, and sales, it also provides system integration services for power plant construction and long-term maintenance.
36GF Score

Get the complete analysis for TPE:6443

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

NT$31.75
Price
NT$6.07
GF Value