Phoenix Asia HoldingsPHOE +9.61%24 Current Ratio is 7.02 as of Sep. 2025, which is 213% above its 10-year median of 2.24. GuruFocus rates PHOE with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 1,783 Construction companies, Phoenix Asia Holdings ranks better than 97.42% 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. Phoenix Asia Holdings's current ratio for the quarter that ended in Sep. 2025 was 7.02.
Phoenix Asia Holdings has a current ratio of 7.02. 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 Phoenix Asia Holdings's Current Ratio or its related term are showing as below:
PHOE'
s Current Ratio Range Over the Past 10 Years
Min: 1.63 Med: 2.24 Max: 7.02
Current: 7.02
During the past 3 years, Phoenix Asia Holdings's highest Current Ratio was 7.02. The lowest was 1.63. And the median was 2.24.
PHOE's Current Ratio is ranked better than 97.42% of 1783
companies
in the Construction industry
Industry Median: 1.58
vs PHOE: 7.02
Phoenix Asia Holdings (NAS:PHOE) 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.
Phoenix Asia Holdings Current Ratio Related Terms
Phoenix Asia Holdings Current Ratio Historical Data
* Premium members only.
The historical data trend for Phoenix Asia 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.
PHOE vs ESOA, MTRX, MCDIF: Current Ratio Comparison
For the Engineering & Construction subindustry, Phoenix Asia 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.
Phoenix Asia Holdings Current Ratio vs Construction Industry
For the Construction industry and Industrials sector, Phoenix Asia Holdings's Current Ratio distribution charts can be found below:
* The bar in red indicates where Phoenix Asia Holdings'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.
Phoenix Asia Holdings (PHOE) has a Current Ratio of 7.02 as of Sep. 2025. This is 213% above median its historical median of 2.24. Over the past decade, Phoenix Asia Holdings' Current Ratio has ranged from 1.63 to 7.02. According to the industry distribution chart, Phoenix Asia Holdings ranks #46 out of 1783 companies in the Construction industry, placing it in the top 2.6%.
Is Phoenix Asia Holdings' Current Ratio too high?
Phoenix Asia Holdings' current Current Ratio of 7.02 is 213% above median its 10-year median of 2.24. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 7.02. The Construction industry median Current Ratio is 1.58. Phoenix Asia Holdings' value of 7.02 is 344.3% above this industry median. Based on the distribution chart, Phoenix Asia Holdings ranks #46 out of 1783 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Phoenix Asia Holdings has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Asia Holdings' Current Ratio compare to ESOA and MTRX?
According to the Construction industry distribution chart, Phoenix Asia Holdings ranks #46 out of 1783 companies for Current Ratio. This places Phoenix Asia Holdings in the top 3% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.58. Phoenix Asia Holdings' value of 7.02 is 344.3% above this benchmark. Historically, Phoenix Asia Holdings' own Current Ratio has ranged from 1.63 to 7.02 over the past decade. While the company's 10-year median is 2.24 vs. the industry median of 1.58, Phoenix Asia Holdings 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 Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,783 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. Phoenix Asia Holdings's current Current Ratio of 7.02 is 344.3% 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 Construction industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Asia Holdings's current Current Ratio is 7.02, which is 213% above median its own 10-year median of 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Asia Holdings stock overvalued right now?
Phoenix Asia Holdings (PHOE) has a current Current Ratio of 7.02. The current Current Ratio is 7.02, which is 213% above median its 10-year median of 2.24 and 344.3% above the Construction industry median of 1.58. Phoenix Asia Holdings' overall GF Score™ is 24/100 with 1 warning sign 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 Phoenix Asia Holdings (PHOE), the current Current Ratio is 7.02 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.
Phoenix Asia Holdings Ltd operates its business through its indirectly wholly-owned Operating Subsidiary, It is engaged in substructure works, such as site formation, ground investigation and foundation works, in Hong Kong. To a lesser extent, the company also provides other construction services such as structural steelworks.
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