SPCG PCL (BKK:SPCG-R) Current Ratio: 10.13 (As of Mar. 2026) — 356% Above Median


BKK:SPCG-R SPCG PCL BKK:SPCG-R
65 GF Score
Price ฿8.85
GF Value ฿5.90
! 8 Warning Signs
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What is SPCG PCL Current Ratio?

SPCG PCL BKK:SPCG-R 65 Current Ratio is 10.13 as of Mar. 2026, which is 356% above its 10-year median of 2.22. GuruFocus rates BKK:SPCG-R with a GF Score™ of 65/100 and a GF Value™ of ฿5.90. The stock has 8 warning signs investors should review. Among 445 Utilities - Independent Power Producers companies, SPCG PCL ranks better than 94.61% 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. SPCG PCL's current ratio for the quarter that ended in Mar. 2026 was 10.13.

SPCG PCL has a current ratio of 10.13. 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 SPCG PCL's Current Ratio or its related term are showing as below:

BKK:SPCG-R' s Current Ratio Range Over the Past 10 Years
Min: 1.01   Med: 2.22   Max: 17.4
Current: 10.13

During the past 13 years, SPCG PCL's highest Current Ratio was 17.40. The lowest was 1.01. And the median was 2.22.

BKK:SPCG-R's Current Ratio is ranked better than
94.61% of 445 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.36 vs BKK:SPCG-R: 10.13

SPCG PCL  (BKK:SPCG-R) 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.


SPCG PCL Current Ratio Related Terms


SPCG PCL Current Ratio Historical Data

* Premium members only.

The historical data trend for SPCG 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.

SPCG PCL Current Ratio Chart

SPCG 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 2.29 3.87 2.74 17.40 5.50

SPCG 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 12.45 12.26 10.79 5.50 10.13

SPCG PCL Current Ratio Competitor Comparison

For the Utilities - Renewable subindustry, SPCG 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.


SPCG PCL Current Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SPCG PCL's Current Ratio distribution charts can be found below:

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


BKK:SPCG-R
65GF Score
SPCG PCL BKK:SPCG-R
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SPCG 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.

SPCG 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 )
=2178.884/395.952
=5.50

SPCG 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 )
=2248.119/221.859
=10.13

* 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 10.13 mean?
SPCG PCL (BKK:SPCG-R) has a Current Ratio of 10.13 as of Mar. 2026. This is 356% above median its historical median of 2.22. Over the past decade, SPCG PCL's Current Ratio has ranged from 1.01 to 17.40. According to the industry distribution chart, SPCG PCL ranks #24 out of 445 companies in the Utilities - Independent Power Producers industry, placing it in the top 5.4%.
Is SPCG PCL's Current Ratio too high?
SPCG PCL's current Current Ratio of 10.13 is 356% above median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 17.40. The Utilities - Independent Power Producers industry median Current Ratio is 1.36. SPCG PCL's value of 10.13 is 644.9% above this industry median. Based on the distribution chart, SPCG PCL ranks #24 out of 445 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, SPCG PCL has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does SPCG PCL's Current Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, SPCG PCL ranks #24 out of 445 companies for Current Ratio. This places SPCG PCL in the top 5% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.36. SPCG PCL's value of 10.13 is 644.9% above this benchmark. Historically, SPCG PCL's own Current Ratio has ranged from 1.01 to 17.40 over the past decade. While the company's 10-year median is 2.22 vs. the industry median of 1.36, SPCG 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 an Utilities - Independent Power Producers company?
The median Current Ratio among Utilities - Independent Power Producers companies is 1.36, based on 445 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. SPCG PCL's current Current Ratio of 10.13 is 644.9% 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 Utilities - Independent Power Producers industry, the median Current Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPCG PCL's current Current Ratio is 10.13, which is 356% above median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPCG PCL stock overvalued right now?
SPCG PCL (BKK:SPCG-R) has a current Current Ratio of 10.13. The stock's GF Value™ is ฿5.90, compared to a current price of ฿8.85 — trading 50% above its estimated fair value. The current Current Ratio is 10.13, which is 356% above median its 10-year median of 2.22 and 644.9% above the Utilities - Independent Power Producers industry median of 1.36. SPCG PCL's overall GF Score™ is 65/100 with 8 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 SPCG PCL (BKK:SPCG-R), the current Current Ratio is 10.13 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 SPCG PCL (BKK:SPCG-R) Overvalued in 2026?

Based on GuruFocus' analysis, SPCG PCL stock appears to be overvalued. The current stock price of ฿8.85 is trading 50% above its estimated GF Value™ of ฿5.90.

Key valuation signals for BKK:SPCG-R:

  • Current Ratio: 10.13 (356% above median its 10-year median of 2.22)
  • GF Value™: ฿5.90 vs. price of ฿8.85 (50% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 644.9% above the Utilities - Independent Power Producers median (#24 of 445)

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


SPCG PCL Business Description

Other Exchanges SPCG:Thailand
Address No. 1 Capital Work Place Building, 10th Floor, Soi Jamjan, Klongton Nua, Sub-District, Wattana, Bangkok, THA, 10110
SPCG PCL is a holding company. The principal activities and reportable segments of the group are one production and distribution of electricity from solar energy, second the manufacture, trading, and installation service of roof sheets and solar roof, and Others. The majority of revenue is generated from the Production and distribution of electricity from solar energy.
65GF Score

Get the complete analysis for BKK:SPCG-R

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

฿8.85
Price
฿5.90
GF Value