Index International Group PCL (BKK:IND) Cash Ratio: 0.06 (As of Mar. 2026) — 88% Below Median

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BKK:IND Index International Group PCL BKK:IND
80 GF Score
Price ฿0.84
GF Value ฿1.40
Valuation Possible Value Trap
! 4 Warning Signs
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What is Index International Group PCL Cash Ratio?

Index International Group PCL BKK:IND -1.18% 80 Cash Ratio is 0.06 as of Mar. 2026, which is 88% below its 10-year median of 0.52. GuruFocus rates BKK:IND with a GF Score™ of 80/100 and a GF Value™ of ฿1.40 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,742 Construction companies, Index International Group PCL ranks worse than 87.6% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Index International Group PCL's Cash Ratio for the quarter that ended in Mar. 2026 was 0.06.

Index International Group PCL has a Cash Ratio of 0.06. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Index International Group PCL's Cash Ratio or its related term are showing as below:

BKK:IND' s Cash Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.52   Max: 1.19
Current: 0.06

During the past 8 years, Index International Group PCL's highest Cash Ratio was 1.19. The lowest was 0.06. And the median was 0.52.

BKK:IND's Cash Ratio is ranked worse than
87.6% of 1742 companies
in the Construction industry
Industry Median: 0.35 vs BKK:IND: 0.06

Index International Group PCL  (BKK:IND) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Index International Group PCL Cash Ratio Related Terms


Index International Group PCL Cash Ratio Historical Data

* Premium members only.

The historical data trend for Index International Group PCL's Cash 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.

Index International Group PCL Cash Ratio Chart

Index International Group PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Ratio
Get a 7-Day Free Trial 0.64 0.51 0.39 0.21 0.12

Index International Group PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash 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 0.39 0.21 0.20 0.12 0.06

BKK:IND vs PWR, FIX, EME: Cash Ratio Comparison

For the Engineering & Construction subindustry, Index International Group PCL's Cash Ratio, along with its competitors' market caps and Cash 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.


Index International Group PCL Cash Ratio vs Construction Industry

For the Construction industry and Industrials sector, Index International Group PCL's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Index International Group PCL's Cash Ratio falls into.


BKK:IND
80GF Score
Index International Group PCL BKK:IND
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Index International Group PCL Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Index International Group PCL's Cash Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Cash Ratio (A: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=67.369/540.703
=0.12

Index International Group PCL's Cash Ratio for the quarter that ended in Mar. 2026 is calculated as:

Cash Ratio (Q: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=29.353/477.216
=0.06

* 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 Cash Ratio →
What does a Cash Ratio of 0.06 mean?
Index International Group PCL (BKK:IND) has a Cash Ratio of 0.06 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Index International Group PCL and its competitors. This is 88% below median its historical median of 0.52. Over the past decade, Index International Group PCL's Cash Ratio has ranged from 0.06 to 1.19. According to the industry distribution chart, Index International Group PCL ranks #1526 out of 1742 companies in the Construction industry, placing it in the top 87.6%.
Is Index International Group PCL's Cash Ratio too high?
Index International Group PCL's current Cash Ratio of 0.06 is 88% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 1.19. The Construction industry median Cash Ratio is 0.35. Index International Group PCL's value of 0.06 is 82.9% below this industry median. Based on the distribution chart, Index International Group PCL ranks #1526 out of 1742 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Index International Group PCL has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Index International Group PCL's Cash Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Index International Group PCL ranks #1526 out of 1742 companies for Cash Ratio. This places Index International Group PCL in the lower half of its industry. The industry median Cash Ratio is 0.35. Index International Group PCL's value of 0.06 is 82.9% below this benchmark. Historically, Index International Group PCL's own Cash Ratio has ranged from 0.06 to 1.19 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.35, Index International Group PCL 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 Cash Ratio for a Construction company?
The median Cash Ratio among Construction companies is 0.35, based on 1,742 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Index International Group PCL's current Cash Ratio of 0.06 is 82.9% 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 Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Index International Group PCL and its competitors. For the Construction industry, the median Cash Ratio is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Index International Group PCL's current Cash Ratio is 0.06, which is 88% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Index International Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Index International Group PCL (BKK:IND) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.40, compared to a current price of ฿0.84 — trading 40% below its estimated fair value. The current Cash Ratio is 0.06, which is 88% below median its 10-year median of 0.52 and 82.9% below the Construction industry median of 0.35. Index International Group PCL's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Index International Group PCL (BKK:IND), the current Cash Ratio is 0.06 as of Mar. 2026. 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 Index International Group PCL (BKK:IND) Overvalued in 2026?

Based on GuruFocus' analysis, Index International Group PCL stock appears to be undervalued. The current stock price of ฿0.84 is trading 40% below its estimated GF Value™ of ฿1.40. GuruFocus considers Index International Group PCL to be Possible Value Trap.

Key valuation signals for BKK:IND:

  • Cash Ratio: 0.06 (88% below median its 10-year median of 0.52)
  • GF Value™: ฿1.40 vs. price of ฿0.84 (40% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 82.9% below the Construction median (#1526 of 1742)

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


Index International Group PCL Business Description

Address 1/814 Moo 17, Soi Amphon, Phaholyothin Road, Kukot, Lumlukka, Pathumthani, THA, 12130
Index International Group PCL is an engineering consultancy firm offering detailed design services, project management services, and detailed design construction. Its services include a wide range of services in specialized fields such as project planning, city, and district planning, architectural design involving landscaping and architecture, and engineering design involving structural, electrical, mechanical, transportation, sanitary, geotechnical, environmental, and water resources engineering. The group operates in Thailand.
80GF Score

Get the complete analysis for BKK:IND

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

฿0.84
Price
฿1.40
GF Value