Tong Hua Holdings PCLBKK:TH +2.17%63 Current Ratio is 20.43 as of Mar. 2026, which is 18% above its 10-year median of 17.33. GuruFocus rates BKK:TH with a GF Score™ of 63/100 and a GF Value™ of ฿0.63 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 504 Diversified Financial Services companies, Tong Hua Holdings PCL ranks better than 82.54% 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. Tong Hua Holdings PCL's current ratio for the quarter that ended in Mar. 2026 was 20.43.
Tong Hua Holdings PCL has a current ratio of 20.43. 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 Tong Hua Holdings PCL's Current Ratio or its related term are showing as below:
BKK:TH'
s Current Ratio Range Over the Past 10 Years
Min: 6.32 Med: 17.33 Max: 34.07
Current: 20.43
During the past 13 years, Tong Hua Holdings PCL's highest Current Ratio was 34.07. The lowest was 6.32. And the median was 17.33.
BKK:TH's Current Ratio is ranked better than 82.54% of 504
companies
in the Diversified Financial Services industry
Industry Median: 3.145
vs BKK:TH: 20.43
Tong Hua Holdings PCL (BKK:TH) 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.
Tong Hua Holdings PCL Current Ratio Related Terms
Tong Hua Holdings PCL Current Ratio Historical Data
* Premium members only.
The historical data trend for Tong Hua Holdings 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.
For the Financial Conglomerates subindustry, Tong Hua Holdings 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.
Tong Hua Holdings PCL Current Ratio vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Tong Hua Holdings PCL's Current Ratio distribution charts can be found below:
* The bar in red indicates where Tong Hua Holdings 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.
Tong Hua Holdings PCL (BKK:TH) has a Current Ratio of 20.43 as of Mar. 2026. This is 18% above median its historical median of 17.33. Over the past decade, Tong Hua Holdings PCL's Current Ratio has ranged from 6.32 to 34.07. According to the industry distribution chart, Tong Hua Holdings PCL ranks #88 out of 504 companies in the Diversified Financial Services industry, placing it in the top 17.5%.
Is Tong Hua Holdings PCL's Current Ratio too high?
Tong Hua Holdings PCL's current Current Ratio of 20.43 is 18% above median its 10-year median of 17.33. Over the past 10 years, this metric has ranged from a low of 6.32 to a high of 34.07. The Diversified Financial Services industry median Current Ratio is 3.15. Tong Hua Holdings PCL's value of 20.43 is 549.6% above this industry median. Based on the distribution chart, Tong Hua Holdings PCL ranks #88 out of 504 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Tong Hua Holdings PCL has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tong Hua Holdings PCL's Current Ratio compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Tong Hua Holdings PCL ranks #88 out of 504 companies for Current Ratio. This places Tong Hua Holdings PCL in the top 18% of its industry — outperforming the majority of peers. The industry median Current Ratio is 3.15. Tong Hua Holdings PCL's value of 20.43 is 549.6% above this benchmark. Historically, Tong Hua Holdings PCL's own Current Ratio has ranged from 6.32 to 34.07 over the past decade. While the company's 10-year median is 17.33 vs. the industry median of 3.15, Tong Hua Holdings 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 Diversified Financial Services company?
The median Current Ratio among Diversified Financial Services companies is 3.15, based on 504 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. Tong Hua Holdings PCL's current Current Ratio of 20.43 is 549.6% 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 Diversified Financial Services industry, the median Current Ratio is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tong Hua Holdings PCL's current Current Ratio is 20.43, which is 18% above median its own 10-year median of 17.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Hua Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Tong Hua Holdings PCL (BKK:TH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.47 — trading 25.4% below its estimated fair value. The current Current Ratio is 20.43, which is 18% above median its 10-year median of 17.33 and 549.6% above the Diversified Financial Services industry median of 3.15. Tong Hua Holdings PCL's overall GF Score™ is 63/100 with 4 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 Tong Hua Holdings PCL (BKK:TH), the current Current Ratio is 20.43 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 Tong Hua Holdings PCL (BKK:TH) Overvalued in 2026?
Based on GuruFocus' analysis, Tong Hua Holdings PCL stock appears to be undervalued.
The current stock price of ฿0.47 is trading 25.4% below its estimated GF Value™ of ฿0.63.
GuruFocus considers Tong Hua Holdings PCL to be Modestly Undervalued.
Key valuation signals for BKK:TH:
Current Ratio: 20.43 (18% above median its 10-year median of 17.33)
GF Value™: ฿0.63 vs. price of ฿0.47 (25.4% below fair value)
Industry Position: 549.6% above the Diversified Financial Services median (#88 of 504)
No single metric tells the full story. See the BKK:TH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tong Hua Holdings PCL operates as an investment company. The company's business segments are divided into five segments: i) Producing and distributing newspaper, publishing and providing printing services, ii) Space rental for trading and service business, iii) Investment business, iv) Providing short - term funds in the form of factoring, loans, and v) Asset Management Business. Geographically, it operates mainly in Thailand.
63GF Score
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