WHA Industrial Leasehold REIT (BKK:WHAIR) Current Ratio: 2.23 (As of Mar. 2026) — 44% Above Median

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BKK:WHAIR WHA Industrial Leasehold REIT BKK:WHAIR
76 GF Score
Price ฿8.10
GF Value ฿6.19
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is WHA Industrial Leasehold REIT Current Ratio?

WHA Industrial Leasehold REIT BKK:WHAIR 76 Current Ratio is 2.23 as of Mar. 2026, which is 44% above its 10-year median of 1.55. GuruFocus rates BKK:WHAIR with a GF Score™ of 76/100 and a GF Value™ of ฿6.19 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 752 REITs companies, WHA Industrial Leasehold REIT ranks better than 75% 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. WHA Industrial Leasehold REIT's current ratio for the quarter that ended in Mar. 2026 was 2.23.

WHA Industrial Leasehold REIT has a current ratio of 2.23. It generally indicates good short-term financial strength.

The historical rank and industry rank for WHA Industrial Leasehold REIT's Current Ratio or its related term are showing as below:

BKK:WHAIR' s Current Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.55   Max: 7.72
Current: 2.23

During the past 10 years, WHA Industrial Leasehold REIT's highest Current Ratio was 7.72. The lowest was 0.38. And the median was 1.55.

BKK:WHAIR's Current Ratio is ranked better than
75% of 752 companies
in the REITs industry
Industry Median: 0.98 vs BKK:WHAIR: 2.23

WHA Industrial Leasehold REIT  (BKK:WHAIR) 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.


WHA Industrial Leasehold REIT Current Ratio Related Terms


WHA Industrial Leasehold REIT Current Ratio Historical Data

* Premium members only.

The historical data trend for WHA Industrial Leasehold REIT'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.

WHA Industrial Leasehold REIT Current Ratio Chart

WHA Industrial Leasehold REIT 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 1.61 1.61 1.54 0.57 0.38

WHA Industrial Leasehold REIT 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 1.87 2.01 2.09 0.38 2.23

BKK:WHAIR vs PLD, PSA, EXR: Current Ratio Comparison

For the REIT - Industrial subindustry, WHA Industrial Leasehold REIT'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.


WHA Industrial Leasehold REIT Current Ratio vs REITs Industry

For the REITs industry and Real Estate sector, WHA Industrial Leasehold REIT's Current Ratio distribution charts can be found below:

* The bar in red indicates where WHA Industrial Leasehold REIT's Current Ratio falls into.


BKK:WHAIR
76GF Score
WHA Industrial Leasehold REIT BKK:WHAIR
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WHA Industrial Leasehold REIT 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.

WHA Industrial Leasehold REIT'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 )
=686.676/1821.074
=0.38

WHA Industrial Leasehold REIT'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 )
=679.964/305.434
=2.23

* 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 2.23 mean?
WHA Industrial Leasehold REIT (BKK:WHAIR) has a Current Ratio of 2.23 as of Mar. 2026. This is 44% above median its historical median of 1.55. Over the past decade, WHA Industrial Leasehold REIT's Current Ratio has ranged from 0.38 to 7.72. According to the industry distribution chart, WHA Industrial Leasehold REIT ranks #188 out of 752 companies in the REITs industry, placing it in the top 25%.
Is WHA Industrial Leasehold REIT's Current Ratio too high?
WHA Industrial Leasehold REIT's current Current Ratio of 2.23 is 44% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 7.72. The REITs industry median Current Ratio is 0.98. WHA Industrial Leasehold REIT's value of 2.23 is 127.6% above this industry median. Based on the distribution chart, WHA Industrial Leasehold REIT ranks #188 out of 752 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, WHA Industrial Leasehold REIT has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WHA Industrial Leasehold REIT's Current Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, WHA Industrial Leasehold REIT ranks #188 out of 752 companies for Current Ratio. This places WHA Industrial Leasehold REIT in the top 25% of its industry — outperforming the majority of peers. The industry median Current Ratio is 0.98. WHA Industrial Leasehold REIT's value of 2.23 is 127.6% above this benchmark. Historically, WHA Industrial Leasehold REIT's own Current Ratio has ranged from 0.38 to 7.72 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 0.98, WHA Industrial Leasehold REIT 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 REITs company?
The median Current Ratio among REITs companies is 0.98, based on 752 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. WHA Industrial Leasehold REIT's current Current Ratio of 2.23 is 127.6% 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 REITs industry, the median Current Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WHA Industrial Leasehold REIT's current Current Ratio is 2.23, which is 44% above median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA Industrial Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, WHA Industrial Leasehold REIT (BKK:WHAIR) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿6.19, compared to a current price of ฿8.10 — trading 30.9% above its estimated fair value. The current Current Ratio is 2.23, which is 44% above median its 10-year median of 1.55 and 127.6% above the REITs industry median of 0.98. WHA Industrial Leasehold REIT's overall GF Score™ is 76/100 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 WHA Industrial Leasehold REIT (BKK:WHAIR), the current Current Ratio is 2.23 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 WHA Industrial Leasehold REIT (BKK:WHAIR) Overvalued in 2026?

Based on GuruFocus' analysis, WHA Industrial Leasehold REIT stock appears to be overvalued. The current stock price of ฿8.10 is trading 30.9% above its estimated GF Value™ of ฿6.19. GuruFocus considers WHA Industrial Leasehold REIT to be Significantly Overvalued.

Key valuation signals for BKK:WHAIR:

  • Current Ratio: 2.23 (44% above median its 10-year median of 1.55)
  • GF Value™: ฿6.19 vs. price of ฿8.10 (30.9% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 127.6% above the REITs median (#188 of 752)

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


WHA Industrial Leasehold REIT Business Description

Industry Real EstateREITs
Address Debaratna Road (Bangna-Trad) KM.7, Moo 13, No. 777, WHA Tower, Unit 2101, 21st Floor, Bang Kaeo, Bang Phli, Samut Prakarn, THA, 10540
WHA Industrial Leasehold REIT is a Thailand-based REIT. The company invests in leasehold lands mainly in Thailand for the purpose of building warehouses and factories. It serves tenants and entrepreneurs from various industries. The Trust's revenue derives from rental income from ordinary business activities and also includes relevant service income.
76GF Score

Get the complete analysis for BKK:WHAIR

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

฿8.10
Price
฿6.19
GF Value