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Ares AsiaHKSE:00645 36 Current Ratio is 13.11 as of Sep. 2025, which is 676% above its 10-year median of 1.69. GuruFocus rates HKSE:00645 with a GF Score™ of 36/100. The stock has 7 warning signs investors should review. Among 185 Other Energy Sources companies, Ares Asia ranks better than 89.73% 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. Ares Asia's current ratio for the quarter that ended in Sep. 2025 was 13.11.
Ares Asia has a current ratio of 13.11. 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 Ares Asia's Current Ratio or its related term are showing as below:
HKSE:00645'
s Current Ratio Range Over the Past 10 Years
Min: 1.15 Med: 1.69 Max: 15.33
Current: 13.11
During the past 13 years, Ares Asia's highest Current Ratio was 15.33. The lowest was 1.15. And the median was 1.69.
HKSE:00645's Current Ratio is ranked better than 89.73% of 185
companies
in the Other Energy Sources industry
Industry Median: 1.87
vs HKSE:00645: 13.11
Ares Asia (HKSE:00645) 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.
Ares Asia Current Ratio Related Terms
Ares Asia Current Ratio Historical Data
* Premium members only.
The historical data trend for Ares Asia'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 Thermal Coal subindustry, Ares Asia'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.
Ares Asia Current Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Ares Asia's Current Ratio distribution charts can be found below:
* The bar in red indicates where Ares Asia'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.
Ares Asia (HKSE:00645) has a Current Ratio of 13.11 as of Sep. 2025. This is 676% above median its historical median of 1.69. Over the past decade, Ares Asia's Current Ratio has ranged from 1.15 to 15.33. According to the industry distribution chart, Ares Asia ranks #19 out of 185 companies in the Other Energy Sources industry, placing it in the top 10.3%.
Is Ares Asia's Current Ratio too high?
Ares Asia's current Current Ratio of 13.11 is 676% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 15.33. The Other Energy Sources industry median Current Ratio is 1.87. Ares Asia's value of 13.11 is 601.1% above this industry median. Based on the distribution chart, Ares Asia ranks #19 out of 185 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Ares Asia has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Ares Asia's Current Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, Ares Asia ranks #19 out of 185 companies for Current Ratio. This places Ares Asia in the top 10% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.87. Ares Asia's value of 13.11 is 601.1% above this benchmark. Historically, Ares Asia's own Current Ratio has ranged from 1.15 to 15.33 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 1.87, Ares Asia 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 an Other Energy Sources company?
The median Current Ratio among Other Energy Sources companies is 1.87, based on 185 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. Ares Asia's current Current Ratio of 13.11 is 601.1% 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 Other Energy Sources industry, the median Current Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ares Asia's current Current Ratio is 13.11, which is 676% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares Asia stock overvalued right now?
Ares Asia (HKSE:00645) has a current Current Ratio of 13.11. The current Current Ratio is 13.11, which is 676% above median its 10-year median of 1.69 and 601.1% above the Other Energy Sources industry median of 1.87. Ares Asia's overall GF Score™ is 36/100 with 7 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 Ares Asia (HKSE:00645), the current Current Ratio is 13.11 as of Sep. 2025. 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.
Ares Asia Ltd is an investment holding company. The group is principally engaged in the business of coal trading, entailing the selling of coal purchased from various countries to Mainland China and other commodities trading, which encompasses supply chain management and risk management service. Its business falls under the primary segment of Coal and other trading. Geographically, the group has a business presence in Mainland China, Hong Kong, and other countries, of which maximum revenue is derived from Mainland China.
36GF Score
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