Thai Steel Cable PCL (BKK:TSC) Current Ratio: 2.56 (As of Mar. 2026) — 30% Above Median


BKK:TSC Thai Steel Cable PCL BKK:TSC
82 GF Score
Price ฿14.80
GF Value ฿12.98
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Thai Steel Cable PCL Current Ratio?

Thai Steel Cable PCL BKK:TSC 82 Current Ratio is 2.56 as of Mar. 2026, which is 30% above its 10-year median of 1.97. GuruFocus rates BKK:TSC with a GF Score™ of 82/100 and a GF Value™ of ฿12.98 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Thai Steel Cable PCL ranks better than 78.61% 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. Thai Steel Cable PCL's current ratio for the quarter that ended in Mar. 2026 was 2.56.

Thai Steel Cable PCL has a current ratio of 2.56. It generally indicates good short-term financial strength.

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

BKK:TSC' s Current Ratio Range Over the Past 10 Years
Min: 1.41   Med: 1.97   Max: 2.81
Current: 2.56

During the past 13 years, Thai Steel Cable PCL's highest Current Ratio was 2.81. The lowest was 1.41. And the median was 1.97.

BKK:TSC's Current Ratio is ranked better than
78.61% of 1337 companies
in the Vehicles & Parts industry
Industry Median: 1.53 vs BKK:TSC: 2.56

Thai Steel Cable PCL  (BKK:TSC) 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.


Thai Steel Cable PCL Current Ratio Related Terms


Thai Steel Cable PCL Current Ratio Historical Data

* Premium members only.

The historical data trend for Thai Steel Cable 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.

Thai Steel Cable PCL Current Ratio Chart

Thai Steel Cable PCL Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.97 1.79 2.00 2.21 2.39

Thai Steel Cable 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 2.27 2.18 2.39 2.81 2.56

BKK:TSC vs ORLY, AZO: Current Ratio Comparison

For the Auto Parts subindustry, Thai Steel Cable 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.


Thai Steel Cable PCL Current Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Steel Cable PCL's Current Ratio distribution charts can be found below:

* The bar in red indicates where Thai Steel Cable PCL's Current Ratio falls into.


BKK:TSC
82GF Score
Thai Steel Cable PCL BKK:TSC
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Steel Cable 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.

Thai Steel Cable PCL's Current Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Current Ratio (A: Sep. 2025 )=Total Current Assets (A: Sep. 2025 )/Total Current Liabilities (A: Sep. 2025 )
=1179.582/494.491
=2.39

Thai Steel Cable 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 )
=1135.949/443.451
=2.56

* 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 2.56 mean?
Thai Steel Cable PCL (BKK:TSC) has a Current Ratio of 2.56 as of Mar. 2026. This is 30% above median its historical median of 1.97. Over the past decade, Thai Steel Cable PCL's Current Ratio has ranged from 1.41 to 2.81. According to the industry distribution chart, Thai Steel Cable PCL ranks #286 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 21.4%.
Is Thai Steel Cable PCL's Current Ratio too high?
Thai Steel Cable PCL's current Current Ratio of 2.56 is 30% above median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 2.81. The Vehicles & Parts industry median Current Ratio is 1.53. Thai Steel Cable PCL's value of 2.56 is 67.3% above this industry median. Based on the distribution chart, Thai Steel Cable PCL ranks #286 out of 1337 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Steel Cable PCL has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Steel Cable PCL's Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Thai Steel Cable PCL ranks #286 out of 1337 companies for Current Ratio. This places Thai Steel Cable PCL in the top 21% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.53. Thai Steel Cable PCL's value of 2.56 is 67.3% above this benchmark. Historically, Thai Steel Cable PCL's own Current Ratio has ranged from 1.41 to 2.81 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 1.53, Thai Steel Cable 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 Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.53, based on 1,337 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. Thai Steel Cable PCL's current Current Ratio of 2.56 is 67.3% 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 Vehicles & Parts industry, the median Current Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Steel Cable PCL's current Current Ratio is 2.56, which is 30% above median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Steel Cable PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Steel Cable PCL (BKK:TSC) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿12.98, compared to a current price of ฿14.80 — trading 14% above its estimated fair value. The current Current Ratio is 2.56, which is 30% above median its 10-year median of 1.97 and 67.3% above the Vehicles & Parts industry median of 1.53. Thai Steel Cable PCL's overall GF Score™ is 82/100 with 6 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 Thai Steel Cable PCL (BKK:TSC), the current Current Ratio is 2.56 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 Thai Steel Cable PCL (BKK:TSC) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Steel Cable PCL stock appears to be overvalued. The current stock price of ฿14.80 is trading 14% above its estimated GF Value™ of ฿12.98. GuruFocus considers Thai Steel Cable PCL to be Modestly Overvalued.

Key valuation signals for BKK:TSC:

  • Current Ratio: 2.56 (30% above median its 10-year median of 1.97)
  • GF Value™: ฿12.98 vs. price of ฿14.80 (14% above fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 67.3% above the Vehicles & Parts median (#286 of 1337)

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


Thai Steel Cable PCL Business Description

Address 700/737, Moo 1, Tambol Panthong, Amphur Panthong, Chonburi, THA, 20160
Thai Steel Cable PCL is a Thailand-based company engaged in the manufacture and sales of control cables, parts, and equipment for vehicles and motorcycles. Its products are divided into three categories: Automobile control cables which include products like accelerator cables, door lock cables, fuel lid opener cables, hood release cables, parking brake cables, seat belt cables, transmission cables, and trunk opener cables; Motorcycle control cables which include brake cables, clutch cables, seat lock cables, speedometer cables, tachometer cables, and throttle cables, and Automobile window regulators. The company operates only in Thailand.
82GF Score

Get the complete analysis for BKK:TSC

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

฿14.80
Price
฿12.98
GF Value