Applicad PCL (BKK:APP) Current Ratio: 2.03 (As of Mar. 2026) — Near Median


BKK:APP Applicad PCL BKK:APP
90 GF Score
Price ฿2.50
GF Value ฿2.62
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Applicad PCL Current Ratio?

Applicad PCL BKK:APP +0.81% 90 Current Ratio is 2.03 as of Mar. 2026, which is 6% above its 10-year median of 1.91. GuruFocus rates BKK:APP with a GF Score™ of 90/100 and a GF Value™ of ฿2.62 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,863 Software companies, Applicad PCL ranks better than 56.06% 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. Applicad PCL's current ratio for the quarter that ended in Mar. 2026 was 2.03.

Applicad PCL has a current ratio of 2.03. It generally indicates good short-term financial strength.

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

BKK:APP' s Current Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.91   Max: 2.11
Current: 2.03

During the past 10 years, Applicad PCL's highest Current Ratio was 2.11. The lowest was 0.98. And the median was 1.91.

BKK:APP's Current Ratio is ranked better than
56.06% of 2863 companies
in the Software industry
Industry Median: 1.81 vs BKK:APP: 2.03

Applicad PCL  (BKK:APP) 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.


Applicad PCL Current Ratio Related Terms


Applicad PCL Current Ratio Historical Data

* Premium members only.

The historical data trend for Applicad 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.

Applicad PCL Current Ratio Chart

Applicad 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 1.95 1.81 1.92 1.91 2.02

Applicad 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 1.94 1.85 1.93 2.02 2.03

BKK:APP vs CRM, SHOP, UBER: Current Ratio Comparison

For the Software - Application subindustry, Applicad 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.


Applicad PCL Current Ratio vs Software Industry

For the Software industry and Technology sector, Applicad PCL's Current Ratio distribution charts can be found below:

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


BKK:APP
90GF Score
Applicad PCL BKK:APP
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Applicad 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.

Applicad 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 )
=807.983/400.462
=2.02

Applicad 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 )
=854.63/420.285
=2.03

* 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 2.03 mean?
Applicad PCL (BKK:APP) has a Current Ratio of 2.03 as of Mar. 2026. This is near median its historical median of 1.91. Over the past decade, Applicad PCL's Current Ratio has ranged from 0.98 to 2.11. According to the industry distribution chart, Applicad PCL ranks #1258 out of 2863 companies in the Software industry, placing it in the top 43.9%.
Is Applicad PCL's Current Ratio too high?
Applicad PCL's current Current Ratio of 2.03 is near median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 2.11. The Software industry median Current Ratio is 1.81. Applicad PCL's value of 2.03 is 12.2% above this industry median. Based on the distribution chart, Applicad PCL ranks #1258 out of 2863 companies in the Software industry, which is above the industry midpoint. Overall, Applicad PCL has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Applicad PCL's Current Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Applicad PCL ranks #1258 out of 2863 companies for Current Ratio. This puts Applicad PCL in the upper half of its industry. The industry median Current Ratio is 1.81. Applicad PCL's value of 2.03 is 12.2% above this benchmark. Historically, Applicad PCL's own Current Ratio has ranged from 0.98 to 2.11 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 1.81, Applicad 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 Software company?
The median Current Ratio among Software companies is 1.81, based on 2,863 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. Applicad PCL's current Current Ratio of 2.03 is 12.2% 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 Software industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applicad PCL's current Current Ratio is 2.03, which is near median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applicad PCL stock overvalued right now?
Based on GuruFocus' analysis, Applicad PCL (BKK:APP) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.62, compared to a current price of ฿2.50 — trading 4.6% below its estimated fair value. The current Current Ratio is 2.03, which is near median its 10-year median of 1.91 and 12.2% above the Software industry median of 1.81. Applicad PCL's overall GF Score™ is 90/100 with 3 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 Applicad PCL (BKK:APP), the current Current Ratio is 2.03 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 Applicad PCL (BKK:APP) Overvalued in 2026?

Based on GuruFocus' analysis, Applicad PCL stock appears to be undervalued. The current stock price of ฿2.50 is trading 4.6% below its estimated GF Value™ of ฿2.62. GuruFocus considers Applicad PCL to be Fairly Valued.

Key valuation signals for BKK:APP:

  • Current Ratio: 2.03 (near median its 10-year median of 1.91)
  • GF Value™: ฿2.62 vs. price of ฿2.50 (4.6% below fair value)
  • GF Score™: 90/100 with 3 warning signs
  • Industry Position: 12.2% above the Software median (#1258 of 2863)

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


Applicad PCL Business Description

Address Sukhumvit Road, No. 69 Sukhumvit Soi 68, Bang Na District, Bangna Nuea Sub-district, Bangkok, THA, 10260
Applicad PCL main business is the sale of computer programs and maintenance services for computer programs, machines and equipment, and the design and development of related products and services. The company operates through three segments: Computer Software Sales division, engaged in the sale of computer programs for specific applications and peripherals and generating maximum revenue; Sale Division of Machinery, Equipment and Other Products, engaged in the sale of machinery, computer parts, spare parts, materials and other products; and Service Division, providing computer maintenance services, design and manufacture of industrial parts and prototypes, and other services. Geographically, the company operates in Thailand and Indonesia, while earning key revenue from sales in Thailand.
90GF Score

Get the complete analysis for BKK:APP

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

฿2.50
Price
฿2.62
GF Value