True PCL (FRA:TAF0) Current Ratio: 0.44 (As of Mar. 2026) — 24% Below Median


FRA:TAF0 True Corp PCL FRA:TAF0
48 GF Score
Price €0.29
GF Value €0.26
! 5 Warning Signs
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What is True PCL Current Ratio?

True PCL FRA:TAF0 -2.00% 48 Current Ratio is 0.44 as of Mar. 2026, which is 24% below its 10-year median of 0.58. GuruFocus rates FRA:TAF0 with a GF Score™ of 48/100 and a GF Value™ of €0.26. The stock has 5 warning signs investors should review. Among 367 Telecommunication Services companies, True PCL ranks worse than 90.19% 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. True PCL's current ratio for the quarter that ended in Mar. 2026 was 0.44.

True PCL has a current ratio of 0.44. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If True 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 True PCL's Current Ratio or its related term are showing as below:

FRA:TAF0' s Current Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.58   Max: 0.91
Current: 0.44

During the past 13 years, True PCL's highest Current Ratio was 0.91. The lowest was 0.39. And the median was 0.58.

FRA:TAF0's Current Ratio is ranked worse than
90.19% of 367 companies
in the Telecommunication Services industry
Industry Median: 1.13 vs FRA:TAF0: 0.44

True PCL  (FRA:TAF0) 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.


True PCL Current Ratio Related Terms


True PCL Current Ratio Historical Data

* Premium members only.

The historical data trend for True 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.

True PCL Current Ratio Chart

True 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 0.58 0.52 0.54 0.45 0.42

True 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 0.41 0.45 0.48 0.42 0.44

FRA:TAF0 vs TMUS, VZ, T: Current Ratio Comparison

For the Telecom Services subindustry, True 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.


True PCL Current Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, True PCL's Current Ratio distribution charts can be found below:

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


FRA:TAF0
48GF Score
True Corp PCL FRA:TAF0
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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True 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.

True 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 )
=1945.754/4607.771
=0.42

True 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 )
=1892.997/4271.767
=0.44

* 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 0.44 mean?
True PCL (FRA:TAF0) has a Current Ratio of 0.44 as of Mar. 2026. This is 24% below median its historical median of 0.58. Over the past decade, True PCL's Current Ratio has ranged from 0.39 to 0.91. According to the industry distribution chart, True PCL ranks #331 out of 367 companies in the Telecommunication Services industry, placing it in the top 90.2%.
Is True PCL's Current Ratio too high?
True PCL's current Current Ratio of 0.44 is 24% below median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.91. The Telecommunication Services industry median Current Ratio is 1.13. True PCL's value of 0.44 is 61.1% below this industry median. Based on the distribution chart, True PCL ranks #331 out of 367 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, True PCL has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does True PCL's Current Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, True PCL ranks #331 out of 367 companies for Current Ratio. This places True PCL in the lower half of its industry. The industry median Current Ratio is 1.13. True PCL's value of 0.44 is 61.1% below this benchmark. Historically, True PCL's own Current Ratio has ranged from 0.39 to 0.91 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 1.13, True 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 Telecommunication Services company?
The median Current Ratio among Telecommunication Services companies is 1.13, based on 367 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. True PCL's current Current Ratio of 0.44 is 61.1% 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 Telecommunication Services industry, the median Current Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. True PCL's current Current Ratio is 0.44, which is 24% below median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True PCL stock overvalued right now?
True PCL (FRA:TAF0) has a current Current Ratio of 0.44. The stock's GF Value™ is €0.26, compared to a current price of €0.29 — trading 13.1% above its estimated fair value. The current Current Ratio is 0.44, which is 24% below median its 10-year median of 0.58 and 61.1% below the Telecommunication Services industry median of 1.13. True PCL's overall GF Score™ is 48/100 with 5 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 True PCL (FRA:TAF0), the current Current Ratio is 0.44 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 True PCL (FRA:TAF0) Overvalued in 2026?

Based on GuruFocus' analysis, True PCL stock appears to be overvalued. The current stock price of €0.29 is trading 13.1% above its estimated GF Value™ of €0.26.

Key valuation signals for FRA:TAF0:

  • Current Ratio: 0.44 (24% below median its 10-year median of 0.58)
  • GF Value™: €0.26 vs. price of €0.29 (13.1% above fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 61.1% below the Telecommunication Services median (#331 of 367)

No single metric tells the full story. See the FRA:TAF0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


True PCL Business Description

Address 18 True Tower, Ratchadaphisek Road, Huai Khwang, Bangkok, THA, 10310
True Corp PCL is a triple-play telecommunications company. It operates through three business segments: Mobile, Pay TV, Broadband internet and others. The majority of revenue is derived from Mobile segment, the company's mobile services product offering. The majority of the company's customer base in its mobile services division is considered prepaid. Broadband internet and other generated revenue internet services are recognized when rendering the service to subscribers. Pay TV generates revenues from monthly subscription fees recognized in the month in which the service is provided, commencing from the completion of installation. It operates in a single geographical area, which is Thailand.
48GF Score

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

€0.29
Price
€0.26
GF Value