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Asia Aviation PCLBKK:AAV 65 Current Ratio is 0.64 as of Mar. 2026, which is 33% above its 10-year median of 0.48. GuruFocus rates BKK:AAV with a GF Score™ of 65/100 and a GF Value™ of ฿2.18 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,005 Transportation companies, Asia Aviation PCL ranks worse than 87.56% 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. Asia Aviation PCL's current ratio for the quarter that ended in Mar. 2026 was 0.64.
Asia Aviation PCL has a current ratio of 0.64. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Asia Aviation PCL has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Asia Aviation PCL's Current Ratio or its related term are showing as below:
BKK:AAV'
s Current Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.48 Max: 1.2
Current: 0.64
During the past 13 years, Asia Aviation PCL's highest Current Ratio was 1.20. The lowest was 0.07. And the median was 0.48.
BKK:AAV's Current Ratio is ranked worse than 87.56% of 1005
companies
in the Transportation industry
Industry Median: 1.46
vs BKK:AAV: 0.64
Asia Aviation PCL (BKK:AAV) 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.
Asia Aviation PCL Current Ratio Related Terms
Asia Aviation PCL Current Ratio Historical Data
* Premium members only.
The historical data trend for Asia Aviation PCL'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.
BKK:AAV vs DAL, UAL, LUV: Current Ratio Comparison
For the Airlines subindustry, Asia Aviation PCL'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.
Asia Aviation PCL Current Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Asia Aviation PCL's Current Ratio distribution charts can be found below:
* The bar in red indicates where Asia Aviation PCL'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.
Asia Aviation PCL (BKK:AAV) has a Current Ratio of 0.64 as of Mar. 2026. This is 33% above median its historical median of 0.48. Over the past decade, Asia Aviation PCL's Current Ratio has ranged from 0.07 to 1.20. According to the industry distribution chart, Asia Aviation PCL ranks #880 out of 1005 companies in the Transportation industry, placing it in the top 87.6%.
Is Asia Aviation PCL's Current Ratio too high?
Asia Aviation PCL's current Current Ratio of 0.64 is 33% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 1.20. The Transportation industry median Current Ratio is 1.46. Asia Aviation PCL's value of 0.64 is 56.2% below this industry median. Based on the distribution chart, Asia Aviation PCL ranks #880 out of 1005 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Asia Aviation PCL has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asia Aviation PCL's Current Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Asia Aviation PCL ranks #880 out of 1005 companies for Current Ratio. This places Asia Aviation PCL in the lower half of its industry. The industry median Current Ratio is 1.46. Asia Aviation PCL's value of 0.64 is 56.2% below this benchmark. Historically, Asia Aviation PCL's own Current Ratio has ranged from 0.07 to 1.20 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 1.46, Asia Aviation 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 Current Ratio for a Transportation company?
The median Current Ratio among Transportation companies is 1.46, based on 1,005 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. Asia Aviation PCL's current Current Ratio of 0.64 is 56.2% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median Current Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Aviation PCL's current Current Ratio is 0.64, which is 33% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Aviation PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Aviation PCL (BKK:AAV) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.18, compared to a current price of ฿1.07 — trading 50.9% below its estimated fair value. The current Current Ratio is 0.64, which is 33% above median its 10-year median of 0.48 and 56.2% below the Transportation industry median of 1.46. Asia Aviation PCL's overall GF Score™ is 65/100 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 Asia Aviation PCL (BKK:AAV), the current Current Ratio is 0.64 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 Asia Aviation PCL (BKK:AAV) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Aviation PCL stock appears to be undervalued.
The current stock price of ฿1.07 is trading 50.9% below its estimated GF Value™ of ฿2.18.
GuruFocus considers Asia Aviation PCL to be Possible Value Trap.
Key valuation signals for BKK:AAV:
Current Ratio: 0.64 (33% above median its 10-year median of 0.48)
GF Value™: ฿2.18 vs. price of ฿1.07 (50.9% below fair value)
Industry Position: 56.2% below the Transportation median (#880 of 1005)
No single metric tells the full story. See the BKK:AAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressVibhavadee Rangsit Road, 3rd Floor, Central Office Building, Room No. 3200, 222, Don Mueang International Airport, Sanam Bin District, Don Mueang District, Bangkok, THA, 10210
Asia Aviation PCL is a holding company for Thai AirAsia Company Ltd that is engaged in investing in a low-fare airline business company. It has two reportable operating segments: Schedule flight operations and Chartered flight operations. The majority of the group's revenue is generated from the Schedule flight operations segment, which provides passenger air transportation services to routine destinations for scheduled flights. The group sells tickets through its distribution channels such as website, sales counter, travel agents, etc. The Chartered flight operations offer passenger air transportation services to non-routine destinations. Flights are operated when there is a booking from customers, normally tourist agency companies. Geographically, the group operates only in Thailand.
65GF Score
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