General Engineering PCL (BKK:GEL) Current Ratio: 0.26 (As of Mar. 2026) — 62% Below Median

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What is General Engineering PCL Current Ratio?

General Engineering PCL BKK:GEL +33.33% Current Ratio is 0.26 as of Mar. 2026, which is 62% below its 10-year median of 0.69. The stock has 6 warning signs investors should review. Among 409 Building Materials companies, General Engineering PCL ranks worse than 98.04% 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. General Engineering PCL's current ratio for the quarter that ended in Mar. 2026 was 0.26.

General Engineering PCL has a current ratio of 0.26. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If General Engineering 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 General Engineering PCL's Current Ratio or its related term are showing as below:

BKK:GEL' s Current Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.69   Max: 1.89
Current: 0.26

During the past 13 years, General Engineering PCL's highest Current Ratio was 1.89. The lowest was 0.26. And the median was 0.69.

BKK:GEL's Current Ratio is ranked worse than
98.04% of 409 companies
in the Building Materials industry
Industry Median: 1.52 vs BKK:GEL: 0.26

General Engineering PCL  (BKK:GEL) 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.


General Engineering PCL Current Ratio Related Terms


General Engineering PCL Current Ratio Historical Data

* Premium members only.

The historical data trend for General Engineering 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.

General Engineering PCL Current Ratio Chart

General Engineering 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 0.59 0.75 0.66 0.47 0.29

General Engineering 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 0.45 0.41 0.37 0.29 0.26

BKK:GEL vs CRH, VMC, MLM: Current Ratio Comparison

For the Building Materials subindustry, General Engineering 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.


General Engineering PCL Current Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, General Engineering PCL's Current Ratio distribution charts can be found below:

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



General Engineering 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.

General Engineering 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 )
=952.069/3292.215
=0.29

General Engineering 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 )
=895.411/3383.867
=0.26

* 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 0.26 mean?
General Engineering PCL (BKK:GEL) has a Current Ratio of 0.26 as of Mar. 2026. This is 62% below median its historical median of 0.69. Over the past decade, General Engineering PCL's Current Ratio has ranged from 0.26 to 1.89. According to the industry distribution chart, General Engineering PCL ranks #401 out of 409 companies in the Building Materials industry, placing it in the top 98%.
Is General Engineering PCL's Current Ratio too high?
General Engineering PCL's current Current Ratio of 0.26 is 62% below median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 1.89. The Building Materials industry median Current Ratio is 1.52. General Engineering PCL's value of 0.26 is 82.9% below this industry median. Based on the distribution chart, General Engineering PCL ranks #401 out of 409 companies in the Building Materials industry, which is in the bottom quartile relative to peers.
How does General Engineering PCL's Current Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, General Engineering PCL ranks #401 out of 409 companies for Current Ratio. This places General Engineering PCL in the lower half of its industry. The industry median Current Ratio is 1.52. General Engineering PCL's value of 0.26 is 82.9% below this benchmark. Historically, General Engineering PCL's own Current Ratio has ranged from 0.26 to 1.89 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 1.52, General Engineering 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 Building Materials company?
The median Current Ratio among Building Materials companies is 1.52, based on 409 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. General Engineering PCL's current Current Ratio of 0.26 is 82.9% 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 Building Materials industry, the median Current Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Engineering PCL's current Current Ratio is 0.26, which is 62% below median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, General Engineering PCL (BKK:GEL) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.04, compared to a current price of ฿0.04 — trading right at its estimated fair value. The current Current Ratio is 0.26, which is 62% below median its 10-year median of 0.69 and 82.9% below the Building Materials industry median of 1.52. 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 General Engineering PCL (BKK:GEL), the current Current Ratio is 0.26 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.

General Engineering PCL Business Description

Address 44/2 Moo 2 Tivanont Road, Bangkadi, Muang Pathumthani, Pathumthani, Pathumthani, THA, 12000
General Engineering PCL is engaged in the manufacturing and selling of construction material, prestressed concrete piles, precast concrete, glass fiber reinforced concrete, cementation products and post-tensioned slab, prestressed spun concrete piles, the special qualified PC wire and PC Strand and providing the construction and installation services for such products. Its operating segments are Manufacturing and distribution of concrete products, which is the key revenue-generating segment; Construction services; and Manufacturing and distribution of PC wire and PC strand. The company and its subsidiaries operate in Thailand only.