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Hong Kong and China Gas CoHOKCF 42 Cash Ratio is 0.21 as of Dec. 2025, which is 30% below its 10-year median of 0.30. GuruFocus rates HOKCF with a GF Score™ of 42/100 and a GF Value™ of $0.73 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 483 Utilities - Regulated companies, Hong Kong and China Gas Co ranks worse than 64.6% on this metric.
Hong Kong and China Gas Co has a Cash Ratio of 0.21. 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 Hong Kong and China Gas Co's Cash Ratio or its related term are showing as below:
HOKCF'
s Cash Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.3 Max: 0.59
Current: 0.21
During the past 13 years, Hong Kong and China Gas Co's highest Cash Ratio was 0.59. The lowest was 0.21. And the median was 0.30.
HOKCF's Cash Ratio is ranked worse than 64.6% of 483
companies
in the Utilities - Regulated industry
Industry Median: 0.35
vs HOKCF: 0.21
Hong Kong and China Gas Co (OTCPK:HOKCF) 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.
Hong Kong and China Gas Co Cash Ratio Related Terms
Hong Kong and China Gas Co Cash 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.
For the Utilities - Regulated Gas subindustry, Hong Kong and China Gas Co'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.
Hong Kong and China Gas Co Cash Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hong Kong and China Gas Co's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Hong Kong and China Gas Co'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.
Hong Kong and China Gas Co (HOKCF) has a Cash Ratio of 0.21 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Hong Kong and China Gas Co and its competitors. This is 30% below median its historical median of 0.30. Over the past decade, Hong Kong and China Gas Co's Cash Ratio has ranged from 0.21 to 0.59. According to the industry distribution chart, Hong Kong and China Gas Co ranks #312 out of 483 companies in the Utilities - Regulated industry, placing it in the top 64.6%.
Is Hong Kong and China Gas Co's Cash Ratio too high?
Hong Kong and China Gas Co's current Cash Ratio of 0.21 is 30% below median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.59. The Utilities - Regulated industry median Cash Ratio is 0.35. Hong Kong and China Gas Co's value of 0.21 is 40% below this industry median. Based on the distribution chart, Hong Kong and China Gas Co ranks #312 out of 483 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Hong Kong and China Gas Co has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong and China Gas Co's Cash Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hong Kong and China Gas Co ranks #312 out of 483 companies for Cash Ratio. This places Hong Kong and China Gas Co in the lower half of its industry. The industry median Cash Ratio is 0.35. Hong Kong and China Gas Co's value of 0.21 is 40% below this benchmark. Historically, Hong Kong and China Gas Co's own Cash Ratio has ranged from 0.21 to 0.59 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.35, Hong Kong and China Gas Co 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 an Utilities - Regulated company?
The median Cash Ratio among Utilities - Regulated companies is 0.35, based on 483 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. Hong Kong and China Gas Co's current Cash Ratio of 0.21 is 40% 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 Hong Kong and China Gas Co and its competitors. For the Utilities - Regulated 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. Hong Kong and China Gas Co's current Cash Ratio is 0.21, which is 30% below median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong and China Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong and China Gas Co (HOKCF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.73, compared to a current price of $0.83 — trading 13.7% above its estimated fair value. The current Cash Ratio is 0.21, which is 30% below median its 10-year median of 0.30 and 40% below the Utilities - Regulated industry median of 0.35. Hong Kong and China Gas Co's overall GF Score™ is 42/100 with 12 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 Hong Kong and China Gas Co (HOKCF), the current Cash Ratio is 0.21 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 Hong Kong and China Gas Co (HOKCF) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Kong and China Gas Co stock appears to be overvalued.
The current stock price of $0.83 is trading 13.7% above its estimated GF Value™ of $0.73.
GuruFocus considers Hong Kong and China Gas Co to be Modestly Overvalued.
Key valuation signals for HOKCF:
Cash Ratio: 0.21 (30% below median its 10-year median of 0.30)
GF Value™: $0.73 vs. price of $0.83 (13.7% above fair value)
Industry Position: 40% below the Utilities - Regulated median (#312 of 483)
No single metric tells the full story. See the HOKCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Kong and China Gas Co Ltd, is the oldest public utility company in Hong Kong. The company's core business comprises the production and distribution of town gas in Hong Kong, with a monopoly on distribution and retail. The company is also investing in water, upstream gas, and new energies. The Group's principal activities are the production, distribution, and marketing of gas and related products or services, water supply and waste treatment, renewable energy businesses, extended businesses, and fuels businesses (Green Fuels) in Hong Kong and the Chinese mainland. The company operates in three segments: Gas, water and waste treatment, renewable energy, extended businesses, and related businesses, Green Fuels, and Property.
42GF Score
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