Safety Godown Co (HKSE:00237) Current Ratio: 17.98 (As of Mar. 2026) — 13% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:00237 Safety Godown Co Ltd HKSE:00237
77 GF Score
Price HK$2.20
GF Value HK$1.85
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Safety Godown Co Current Ratio?

Safety Godown Co HKSE:00237 -0.45% 77 Current Ratio is 17.98 as of Mar. 2026, which is 13% below its 10-year median of 20.65. GuruFocus rates HKSE:00237 with a GF Score™ of 77/100 and a GF Value™ of HK$1.85 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,797 Real Estate companies, Safety Godown Co ranks better than 96.22% 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. Safety Godown Co's current ratio for the quarter that ended in Mar. 2026 was 17.98.

Safety Godown Co has a current ratio of 17.98. 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 Safety Godown Co's Current Ratio or its related term are showing as below:

HKSE:00237' s Current Ratio Range Over the Past 10 Years
Min: 17.12   Med: 20.65   Max: 28.75
Current: 17.98

During the past 13 years, Safety Godown Co's highest Current Ratio was 28.75. The lowest was 17.12. And the median was 20.65.

HKSE:00237's Current Ratio is ranked better than
96.22% of 1797 companies
in the Real Estate industry
Industry Median: 1.69 vs HKSE:00237: 17.98

Safety Godown Co  (HKSE:00237) 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.


Safety Godown Co Current Ratio Related Terms


Safety Godown Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Safety Godown Co'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.

Safety Godown Co Current Ratio Chart

Safety Godown Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.55 20.24 17.12 21.37 17.98

Safety Godown Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 17.12 18.81 21.37 16.91 17.98

HKSE:00237 vs CBRE, BEKE, JLL: Current Ratio Comparison

For the Real Estate Services subindustry, Safety Godown Co'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.


Safety Godown Co Current Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Safety Godown Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Safety Godown Co's Current Ratio falls into.


HKSE:00237
77GF Score
Safety Godown Co Ltd HKSE:00237
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safety Godown Co 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.

Safety Godown Co's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=1301.658/72.411
=17.98

Safety Godown Co'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 )
=1301.658/72.411
=17.98

* 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 17.98 mean?
Safety Godown Co (HKSE:00237) has a Current Ratio of 17.98 as of Mar. 2026. This is 13% below median its historical median of 20.65. Over the past decade, Safety Godown Co's Current Ratio has ranged from 17.12 to 28.75. According to the industry distribution chart, Safety Godown Co ranks #68 out of 1797 companies in the Real Estate industry, placing it in the top 3.8%.
Is Safety Godown Co's Current Ratio too high?
Safety Godown Co's current Current Ratio of 17.98 is 13% below median its 10-year median of 20.65. Over the past 10 years, this metric has ranged from a low of 17.12 to a high of 28.75. The Real Estate industry median Current Ratio is 1.69. Safety Godown Co's value of 17.98 is 963.9% above this industry median. Based on the distribution chart, Safety Godown Co ranks #68 out of 1797 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Safety Godown Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safety Godown Co's Current Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Safety Godown Co ranks #68 out of 1797 companies for Current Ratio. This places Safety Godown Co in the top 4% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.69. Safety Godown Co's value of 17.98 is 963.9% above this benchmark. Historically, Safety Godown Co's own Current Ratio has ranged from 17.12 to 28.75 over the past decade. While the company's 10-year median is 20.65 vs. the industry median of 1.69, Safety Godown Co 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 Real Estate company?
The median Current Ratio among Real Estate companies is 1.69, based on 1,797 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. Safety Godown Co's current Current Ratio of 17.98 is 963.9% 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 Real Estate industry, the median Current Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safety Godown Co's current Current Ratio is 17.98, which is 13% below median its own 10-year median of 20.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safety Godown Co stock overvalued right now?
Based on GuruFocus' analysis, Safety Godown Co (HKSE:00237) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$1.85, compared to a current price of HK$2.20 — trading 18.9% above its estimated fair value. The current Current Ratio is 17.98, which is 13% below median its 10-year median of 20.65 and 963.9% above the Real Estate industry median of 1.69. Safety Godown Co's overall GF Score™ is 77/100 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 Safety Godown Co (HKSE:00237), the current Current Ratio is 17.98 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 Safety Godown Co (HKSE:00237) Overvalued in 2026?

Based on GuruFocus' analysis, Safety Godown Co stock appears to be overvalued. The current stock price of HK$2.20 is trading 18.9% above its estimated GF Value™ of HK$1.85. GuruFocus considers Safety Godown Co to be Modestly Overvalued.

Key valuation signals for HKSE:00237:

  • Current Ratio: 17.98 (13% below median its 10-year median of 20.65)
  • GF Value™: HK$1.85 vs. price of HK$2.20 (18.9% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 963.9% above the Real Estate median (#68 of 1797)

No single metric tells the full story. See the HKSE:00237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Safety Godown Co Business Description

Address 2 Wing Yip Street, Lu Plaza, Unit 1801, 18th Floor, Kwun Tong, Kowloon, Hong Kong, HKG
Safety Godown Co Ltd is an investment holding company. The company's operating segment includes Godown operations; Property investment and Treasury investment. It generates maximum revenue from the Property investment segment. The property Investment segment engages in the leasing of investment properties. Godown Operations consist of the operation of godowns. Treasury Investment segment which involves securities trading and investment. Geographically, it derives revenue from Hong Kong.
77GF Score

Get the complete analysis for HKSE:00237

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

HK$2.20
Price
HK$1.85
GF Value