Philippine National Construction (PHS:PNC) Current Ratio: 0.33 (As of Dec. 2024) — 83% Above Median


What is Philippine National Construction Current Ratio?

Philippine National Construction PHS:PNC Current Ratio is 0.33 as of Dec. 2024, which is 83% above its 10-year median of 0.18. The stock has 2 warning signs investors should review.

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. Philippine National Construction's current ratio for the quarter that ended in Dec. 2024 was 0.33.

Philippine National Construction has a current ratio of 0.33. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Philippine National Construction 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 Philippine National Construction's Current Ratio or its related term are showing as below:

PHS:PNC' s Current Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.18   Max: 0.33
Current: 0.33

During the past 13 years, Philippine National Construction's highest Current Ratio was 0.33. The lowest was 0.10. And the median was 0.18.

PHS:PNC's Current Ratio is not ranked
in the Construction industry.
Industry Median: 1.58 vs PHS:PNC: 0.33

Philippine National Construction  (PHS:PNC) 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.


Philippine National Construction Current Ratio Related Terms


Philippine National Construction Current Ratio Historical Data

* Premium members only.

The historical data trend for Philippine National Construction'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.

Philippine National Construction Current Ratio Chart

Philippine National Construction Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.20 0.22 0.28 0.33

Philippine National Construction Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
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 0.18 0.20 0.22 0.28 0.33

Philippine National Construction Current Ratio Competitor Comparison

For the Engineering & Construction subindustry, Philippine National Construction'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.


Philippine National Construction Current Ratio vs Construction Industry

For the Construction industry and Industrials sector, Philippine National Construction's Current Ratio distribution charts can be found below:

* The bar in red indicates where Philippine National Construction's Current Ratio falls into.



Philippine National Construction 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.

Philippine National Construction's Current Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Current Ratio (A: Dec. 2024 )=Total Current Assets (A: Dec. 2024 )/Total Current Liabilities (A: Dec. 2024 )
=3744.257/11320.79
=0.33

Philippine National Construction's Current Ratio for the quarter that ended in Dec. 2024 is calculated as

Current Ratio (Q: Dec. 2024 )=Total Current Assets (Q: Dec. 2024 )/Total Current Liabilities (Q: Dec. 2024 )
=3744.257/11320.79
=0.33

* 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 0.33 mean?
Philippine National Construction (PHS:PNC) has a Current Ratio of 0.33 as of Dec. 2024. This is 83% above median its historical median of 0.18. Over the past decade, Philippine National Construction's Current Ratio has ranged from 0.10 to 0.33.
Is Philippine National Construction's Current Ratio too high?
Philippine National Construction's current Current Ratio of 0.33 is 83% above median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.33. The Construction industry median Current Ratio is 1.58. Philippine National Construction's value of 0.33 is 79.1% below this industry median.
How does Philippine National Construction's Current Ratio compare to competitors?
Philippine National Construction's Current Ratio of 0.33 can be compared against companies in the Construction industry. The industry median Current Ratio is 1.58. Philippine National Construction's value of 0.33 is 79.1% below this benchmark. Historically, Philippine National Construction's own Current Ratio has ranged from 0.10 to 0.33 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 1.58, Philippine National Construction 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 Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,787 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. Philippine National Construction's current Current Ratio of 0.33 is 79.1% 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 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. Philippine National Construction's current Current Ratio is 0.33, which is 83% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philippine National Construction stock overvalued right now?
Philippine National Construction (PHS:PNC) has a current Current Ratio of 0.33. The current Current Ratio is 0.33, which is 83% above median its 10-year median of 0.18 and 79.1% below the Construction industry median of 1.58. 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 Philippine National Construction (PHS:PNC), the current Current Ratio is 0.33 as of Dec. 2024. 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.

Philippine National Construction Business Description

Address KM. 15, East Service Road, PNCC Complex, Bicutan, Paranaque, PHL, 1700
Philippine National Construction Corp. engages in construction and engineering activities throughout the Philippines. It undertakes a range of projects comprising the construction of highways, bridges, and industrial facilities, as well as land development. The company offers services in various phases of a project, including feasibility studies, design and detailed engineering, procurement, construction, and project management, concrete pre-casting, steel fabrication, materials processing, and equipment rental/leasing. It also provides other support services, such as pre-fabrication, materials processing, and equipment rebuilding.