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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. Spindex Industries's current ratio for the quarter that ended in Jun. 2025 was 2.81.
Spindex Industries has a current ratio of 2.81. It generally indicates good short-term financial strength.
The historical rank and industry rank for Spindex Industries's Current Ratio or its related term are showing as below:
SGX:564'
s Current Ratio Range Over the Past 10 Years
Min: 2.06 Med: 2.49 Max: 3.04
Current: 2.81
During the past 13 years, Spindex Industries's highest Current Ratio was 3.04. The lowest was 2.06. And the median was 2.49.
SGX:564's Current Ratio is not ranked
in the Industrial Products industry.
Industry Median: 1.96
vs SGX:564: 2.81
Spindex Industries (SGX:564) 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.
Spindex Industries Current Ratio Related Terms
Spindex Industries Current Ratio Historical Data
* Premium members only.
The historical data trend for Spindex Industries'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.
SGX:564 vs SNA, RBC, LECO: Current Ratio Comparison
For the Tools & Accessories subindustry, Spindex Industries'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.
Spindex Industries Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Spindex Industries's Current Ratio distribution charts can be found below:
* The bar in red indicates where Spindex Industries'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.
Spindex Industries (SGX:564) has a Current Ratio of 2.81 as of Jun. 2025. This is 13% above median its historical median of 2.49. Over the past decade, Spindex Industries' Current Ratio has ranged from 2.06 to 3.04.
Is Spindex Industries' Current Ratio too high?
Spindex Industries' current Current Ratio of 2.81 is 13% above median its 10-year median of 2.49. Over the past 10 years, this metric has ranged from a low of 2.06 to a high of 3.04. The Industrial Products industry median Current Ratio is 1.96. Spindex Industries' value of 2.81 is 43.4% above this industry median. Overall, Spindex Industries has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Spindex Industries' Current Ratio compare to SNA and RBC?
Spindex Industries' Current Ratio of 2.81 can be compared against companies in the Industrial Products industry. The industry median Current Ratio is 1.96. Spindex Industries' value of 2.81 is 43.4% above this benchmark. Historically, Spindex Industries' own Current Ratio has ranged from 2.06 to 3.04 over the past decade. While the company's 10-year median is 2.49 vs. the industry median of 1.96, Spindex Industries 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 Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,072 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. Spindex Industries's current Current Ratio of 2.81 is 43.4% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindex Industries's current Current Ratio is 2.81, which is 13% above median its own 10-year median of 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindex Industries stock overvalued right now?
Spindex Industries (SGX:564) has a current Current Ratio of 2.81. The stock's GF Value™ is S$0.88, compared to a current price of S$1.42 — trading 61.4% above its estimated fair value. The current Current Ratio is 2.81, which is 13% above median its 10-year median of 2.49 and 43.4% above the Industrial Products industry median of 1.96. Spindex Industries' overall GF Score™ is 68/100 with 9 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 Spindex Industries (SGX:564), the current Current Ratio is 2.81 as of Jun. 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.
Is Spindex Industries (SGX:564) Overvalued in 2026?
Based on GuruFocus' analysis, Spindex Industries stock appears to be overvalued.
The current stock price of S$1.42 is trading 61.4% above its estimated GF Value™ of S$0.88.
Key valuation signals for SGX:564:
Current Ratio: 2.81 (13% above median its 10-year median of 2.49)
GF Value™: S$0.88 vs. price of S$1.42 (61.4% above fair value)
Industry Position: 43.4% above the Industrial Products median
No single metric tells the full story. See the SGX:564 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spindex Industries Ltd is a manufacturer, importer, exporter, and dealer of mechanical, electrical, and electronic parts. The company's operating segment includes Imaging and printing; Machinery and automotive systems; and Consumer product and others. It generates maximum revenue from the Machinery and automotive systems segment. Geographically, it derives a majority of its revenue from the USA, Europe and others and also has a presence in Singapore; ASEAN, and China.
68GF Score
Get the complete analysis for SGX:564
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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