Alpha Divisions PCL (BKK:ALPHAX) Current Ratio: 23.08 (As of Mar. 2026) — 419% Above Median

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BKK:ALPHAX Alpha Divisions PCL BKK:ALPHAX
26 GF Score
Price ฿0.25
GF Value ฿0.60
Valuation Possible Value Trap
! 2 Warning Signs
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What is Alpha Divisions PCL Current Ratio?

Alpha Divisions PCL BKK:ALPHAX +4.17% 26 Current Ratio is 23.08 as of Mar. 2026, which is 419% above its 10-year median of 4.45. GuruFocus rates BKK:ALPHAX with a GF Score™ of 26/100 and a GF Value™ of ฿0.60 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,793 Real Estate companies, Alpha Divisions PCL ranks better than 97.1% 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. Alpha Divisions PCL's current ratio for the quarter that ended in Mar. 2026 was 23.08.

Alpha Divisions PCL has a current ratio of 23.08. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Alpha Divisions PCL's Current Ratio or its related term are showing as below:

BKK:ALPHAX' s Current Ratio Range Over the Past 10 Years
Min: 1.49   Med: 4.45   Max: 64.67
Current: 23.08

During the past 13 years, Alpha Divisions PCL's highest Current Ratio was 64.67. The lowest was 1.49. And the median was 4.45.

BKK:ALPHAX's Current Ratio is ranked better than
97.1% of 1793 companies
in the Real Estate industry
Industry Median: 1.69 vs BKK:ALPHAX: 23.08

Alpha Divisions PCL  (BKK:ALPHAX) 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.


Alpha Divisions PCL Current Ratio Related Terms


Alpha Divisions PCL Current Ratio Historical Data

* Premium members only.

The historical data trend for Alpha Divisions 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.

Alpha Divisions PCL Current Ratio Chart

Alpha Divisions PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.73 8.85 31.08 23.24 23.42

Alpha Divisions PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current 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 22.97 27.54 21.96 23.42 23.08

Alpha Divisions PCL Current Ratio Competitor Comparison

For the Real Estate - Development subindustry, Alpha Divisions 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.


Alpha Divisions PCL Current Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Alpha Divisions PCL's Current Ratio distribution charts can be found below:

* The bar in red indicates where Alpha Divisions PCL's Current Ratio falls into.


BKK:ALPHAX
26GF Score
Alpha Divisions PCL BKK:ALPHAX
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpha Divisions PCL Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Alpha Divisions PCL's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=4072.521/173.866
=23.42

Alpha Divisions PCL's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=4199.147/181.948
=23.08

* 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 Current Ratio →
What does a Current Ratio of 23.08 mean?
Alpha Divisions PCL (BKK:ALPHAX) has a Current Ratio of 23.08 as of Mar. 2026. This is 419% above median its historical median of 4.45. Over the past decade, Alpha Divisions PCL's Current Ratio has ranged from 1.49 to 64.67. According to the industry distribution chart, Alpha Divisions PCL ranks #52 out of 1793 companies in the Real Estate industry, placing it in the top 2.9%.
Is Alpha Divisions PCL's Current Ratio too high?
Alpha Divisions PCL's current Current Ratio of 23.08 is 419% above median its 10-year median of 4.45. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 64.67. The Real Estate industry median Current Ratio is 1.69. Alpha Divisions PCL's value of 23.08 is 1265.7% above this industry median. Based on the distribution chart, Alpha Divisions PCL ranks #52 out of 1793 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Alpha Divisions PCL has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alpha Divisions PCL's Current Ratio compare to competitors?
According to the Real Estate industry distribution chart, Alpha Divisions PCL ranks #52 out of 1793 companies for Current Ratio. This places Alpha Divisions PCL in the top 3% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.69. Alpha Divisions PCL's value of 23.08 is 1265.7% above this benchmark. Historically, Alpha Divisions PCL's own Current Ratio has ranged from 1.49 to 64.67 over the past decade. While the company's 10-year median is 4.45 vs. the industry median of 1.69, Alpha Divisions 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 Current Ratio for a Real Estate company?
The median Current Ratio among Real Estate companies is 1.69, based on 1,793 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. Alpha Divisions PCL's current Current Ratio of 23.08 is 1265.7% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Real Estate industry, the median Current Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Divisions PCL's current Current Ratio is 23.08, which is 419% above median its own 10-year median of 4.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Divisions PCL stock overvalued right now?
Based on GuruFocus' analysis, Alpha Divisions PCL (BKK:ALPHAX) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.60, compared to a current price of ฿0.25 — trading 58.3% below its estimated fair value. The current Current Ratio is 23.08, which is 419% above median its 10-year median of 4.45 and 1265.7% above the Real Estate industry median of 1.69. Alpha Divisions PCL's overall GF Score™ is 26/100 with 2 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 Alpha Divisions PCL (BKK:ALPHAX), the current Current Ratio is 23.08 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 Alpha Divisions PCL (BKK:ALPHAX) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Divisions PCL stock appears to be undervalued. The current stock price of ฿0.25 is trading 58.3% below its estimated GF Value™ of ฿0.60. GuruFocus considers Alpha Divisions PCL to be Possible Value Trap.

Key valuation signals for BKK:ALPHAX:

  • Current Ratio: 23.08 (419% above median its 10-year median of 4.45)
  • GF Value™: ฿0.60 vs. price of ฿0.25 (58.3% below fair value)
  • GF Score™: 26/100 with 2 warning signs
  • Industry Position: 1265.7% above the Real Estate median (#52 of 1793)

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


Alpha Divisions PCL Business Description

Address Ratchadamri Road, Room No. D, 24th Floor, 127 Gaysorn Tower Building, Lumphini Subdistrict, Pathumwan District, Bangkok, THA, 10330
Alpha Divisions PCL and its subsidiary (the Group) is engaged in 2 principal businesses as follows:- Energy business is a producer, distributor, agent for selling electricity from solar energy, wind, water, or others, and other business includes motorcycles, cars, gold, agricultural equipment hire purchase business, and microfinance business in the Lao People's Democratic Republic (Lao PDR). The majority of its revenue is generated from the Energy business. The Group operates the business carried out in the geographic area in domestic and foreign markets.
26GF Score

Get the complete analysis for BKK:ALPHAX

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

฿0.25
Price
฿0.60
GF Value