SPCG PCLBKK:SPCG-R 64 Cash Ratio is 6.78 as of Mar. 2026, which is 355% above its 10-year median of 1.49. GuruFocus rates BKK:SPCG-R with a GF Score™ of 64/100 and a GF Value™ of ฿6.00. The stock has 8 warning signs investors should review. Among 435 Utilities - Independent Power Producers companies, SPCG PCL ranks better than 95.4% on this metric.
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.
SPCG PCL Cash Ratio Related Terms
SPCG PCL Cash Ratio Historical Data
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The historical data trend for SPCG 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.
For the Utilities - Renewable subindustry, SPCG 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.
SPCG PCL Cash Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, SPCG PCL's Cash Ratio distribution charts can be found below:
* The bar in red indicates where SPCG PCL's Cash 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.
SPCG PCL (BKK:SPCG-R) has a Cash Ratio of 6.78 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on SPCG PCL and its competitors. This is 355% above median its historical median of 1.49. Over the past decade, SPCG PCL's Cash Ratio has ranged from 0.43 to 13.82. According to the industry distribution chart, SPCG PCL ranks #20 out of 435 companies in the Utilities - Independent Power Producers industry, placing it in the top 4.6%.
Is SPCG PCL's Cash Ratio too high?
SPCG PCL's current Cash Ratio of 6.78 is 355% above median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 13.82. The Utilities - Independent Power Producers industry median Cash Ratio is 0.46. SPCG PCL's value of 6.78 is 1373.9% above this industry median. Based on the distribution chart, SPCG PCL ranks #20 out of 435 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, SPCG PCL has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does SPCG PCL's Cash Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, SPCG PCL ranks #20 out of 435 companies for Cash Ratio. This places SPCG PCL in the top 5% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.46. SPCG PCL's value of 6.78 is 1373.9% above this benchmark. Historically, SPCG PCL's own Cash Ratio has ranged from 0.43 to 13.82 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 0.46, SPCG PCL 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 Cash Ratio for an Utilities - Independent Power Producers company?
The median Cash Ratio among Utilities - Independent Power Producers companies is 0.46, based on 435 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. SPCG PCL's current Cash Ratio of 6.78 is 1373.9% 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 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 SPCG PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Cash Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPCG PCL's current Cash Ratio is 6.78, which is 355% above median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPCG PCL stock overvalued right now?
SPCG PCL (BKK:SPCG-R) has a current Cash Ratio of 6.78. The stock's GF Value™ is ฿6.00, compared to a current price of ฿8.85 — trading 47.5% above its estimated fair value. The current Cash Ratio is 6.78, which is 355% above median its 10-year median of 1.49 and 1373.9% above the Utilities - Independent Power Producers industry median of 0.46. SPCG PCL's overall GF Score™ is 64/100 with 8 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 SPCG PCL (BKK:SPCG-R), the current Cash Ratio is 6.78 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 SPCG PCL (BKK:SPCG-R) Overvalued in 2026?
Based on GuruFocus' analysis, SPCG PCL stock appears to be overvalued.
The current stock price of ฿8.85 is trading 47.5% above its estimated GF Value™ of ฿6.00.
Key valuation signals for BKK:SPCG-R:
Cash Ratio: 6.78 (355% above median its 10-year median of 1.49)
GF Value™: ฿6.00 vs. price of ฿8.85 (47.5% above fair value)
Industry Position: 1373.9% above the Utilities - Independent Power Producers median (#20 of 435)
No single metric tells the full story. See the BKK:SPCG-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPCG PCL is a holding company. The principal activities and reportable segments of the group are one production and distribution of electricity from solar energy, second the manufacture, trading, and installation service of roof sheets and solar roof, and Others. The majority of revenue is generated from the Production and distribution of electricity from solar energy.
64GF Score
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