SingAsia Holdings (HKSE:08293) Current Ratio: 1.29 (As of Jan. 2026) — Near Median

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HKSE:08293 SingAsia Holdings Ltd HKSE:08293
35 GF Score
Price HK$0.10
GF Value HK$0.03
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SingAsia Holdings Current Ratio?

SingAsia Holdings HKSE:08293 -6.31% 35 Current Ratio is 1.29 as of Jan. 2026, which is 7% below its 10-year median of 1.38. GuruFocus rates HKSE:08293 with a GF Score™ of 35/100 and a GF Value™ of HK$0.03 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,091 Business Services companies, SingAsia Holdings ranks worse than 70.21% 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. SingAsia Holdings's current ratio for the quarter that ended in Jan. 2026 was 1.29.

SingAsia Holdings has a current ratio of 1.29. It generally indicates good short-term financial strength.

The historical rank and industry rank for SingAsia Holdings's Current Ratio or its related term are showing as below:

HKSE:08293' s Current Ratio Range Over the Past 10 Years
Min: 1.09   Med: 1.38   Max: 5.11
Current: 1.29

During the past 12 years, SingAsia Holdings's highest Current Ratio was 5.11. The lowest was 1.09. And the median was 1.38.

HKSE:08293's Current Ratio is ranked worse than
70.21% of 1091 companies
in the Business Services industry
Industry Median: 1.83 vs HKSE:08293: 1.29

SingAsia Holdings  (HKSE:08293) 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.


SingAsia Holdings Current Ratio Related Terms


SingAsia Holdings Current Ratio Historical Data

* Premium members only.

The historical data trend for SingAsia Holdings'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.

SingAsia Holdings Current Ratio Chart

SingAsia Holdings Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 1.10 1.28 1.41 1.15

SingAsia Holdings Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 1.14 1.41 1.11 1.15 1.29

HKSE:08293 vs KFY, RHI, TNET: Current Ratio Comparison

For the Staffing & Employment Services subindustry, SingAsia Holdings'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.


SingAsia Holdings Current Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, SingAsia Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where SingAsia Holdings's Current Ratio falls into.


HKSE:08293
35GF Score
SingAsia Holdings Ltd HKSE:08293
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SingAsia Holdings 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.

SingAsia Holdings's Current Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Current Ratio (A: Jul. 2025 )=Total Current Assets (A: Jul. 2025 )/Total Current Liabilities (A: Jul. 2025 )
=39.306/34.143
=1.15

SingAsia Holdings's Current Ratio for the quarter that ended in Jan. 2026 is calculated as

Current Ratio (Q: Jan. 2026 )=Total Current Assets (Q: Jan. 2026 )/Total Current Liabilities (Q: Jan. 2026 )
=37.182/28.927
=1.29

* 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 1.29 mean?
SingAsia Holdings (HKSE:08293) has a Current Ratio of 1.29 as of Jan. 2026. This is near median its historical median of 1.38. Over the past decade, SingAsia Holdings' Current Ratio has ranged from 1.09 to 5.11. According to the industry distribution chart, SingAsia Holdings ranks #766 out of 1091 companies in the Business Services industry, placing it in the top 70.2%.
Is SingAsia Holdings' Current Ratio too high?
SingAsia Holdings' current Current Ratio of 1.29 is near median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 5.11. The Business Services industry median Current Ratio is 1.83. SingAsia Holdings' value of 1.29 is 29.5% below this industry median. Based on the distribution chart, SingAsia Holdings ranks #766 out of 1091 companies in the Business Services industry, which is below the industry midpoint. Overall, SingAsia Holdings has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SingAsia Holdings' Current Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, SingAsia Holdings ranks #766 out of 1091 companies for Current Ratio. This places SingAsia Holdings in the lower half of its industry. The industry median Current Ratio is 1.83. SingAsia Holdings' value of 1.29 is 29.5% below this benchmark. Historically, SingAsia Holdings' own Current Ratio has ranged from 1.09 to 5.11 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 1.83, SingAsia Holdings 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 Business Services company?
The median Current Ratio among Business Services companies is 1.83, based on 1,091 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. SingAsia Holdings's current Current Ratio of 1.29 is 29.5% 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 Business Services industry, the median Current Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SingAsia Holdings's current Current Ratio is 1.29, which is near median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SingAsia Holdings stock overvalued right now?
Based on GuruFocus' analysis, SingAsia Holdings (HKSE:08293) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.10 — trading 246.7% above its estimated fair value. The current Current Ratio is 1.29, which is near median its 10-year median of 1.38 and 29.5% below the Business Services industry median of 1.83. SingAsia Holdings' overall GF Score™ is 35/100 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 SingAsia Holdings (HKSE:08293), the current Current Ratio is 1.29 as of Jan. 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 SingAsia Holdings (HKSE:08293) Overvalued in 2026?

Based on GuruFocus' analysis, SingAsia Holdings stock appears to be overvalued. The current stock price of HK$0.10 is trading 246.7% above its estimated GF Value™ of HK$0.03. GuruFocus considers SingAsia Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:08293:

  • Current Ratio: 1.29 (near median its 10-year median of 1.38)
  • GF Value™: HK$0.03 vs. price of HK$0.10 (246.7% above fair value)
  • GF Score™: 35/100 with 5 warning signs
  • Industry Position: 29.5% below the Business Services median (#766 of 1091)

No single metric tells the full story. See the HKSE:08293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SingAsia Holdings Business Description

Address 60 Paya Lebar Road, No. 12-29 Paya Lebar Square, Singapore, SGP, 409051
SingAsia Holdings Ltd provides specialised workforce solutions, offering manpower outsourcing and recruitment services in Singapore, and corporate development and training services in Hong Kong. The Group supports the hotel and resort, retail, food and beverage, and other sectors, including event organisers, facility management, and various industries across Singapore and Hong Kong. Revenue is generated from manpower outsourcing, recruitment, and corporate development and training services, with operations in both markets and maximum revenue from Singapore. The Group also acts as a one-stop workforce solutions provider, helping customers streamline operations through reliable staffing, HR support, and training services.
35GF Score

Get the complete analysis for HKSE:08293

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

HK$0.10
Price
HK$0.03
GF Value