Progen HoldingsSGX:583 Current Ratio is 2.20 as of Dec. 2025, which is 57% above its 10-year median of 1.40. The stock has 2 warning signs investors should review. Among 1,785 Construction companies, Progen Holdings ranks better than 73.11% 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. Progen Holdings's current ratio for the quarter that ended in Dec. 2025 was 2.20.
Progen Holdings has a current ratio of 2.20. It generally indicates good short-term financial strength.
The historical rank and industry rank for Progen Holdings's Current Ratio or its related term are showing as below:
SGX:583'
s Current Ratio Range Over the Past 10 Years
Min: 0.29 Med: 1.4 Max: 2.21
Current: 2.2
During the past 13 years, Progen Holdings's highest Current Ratio was 2.21. The lowest was 0.29. And the median was 1.40.
SGX:583's Current Ratio is ranked better than 73.11% of 1785
companies
in the Construction industry
Industry Median: 1.58
vs SGX:583: 2.20
Progen Holdings (SGX:583) 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.
Progen Holdings Current Ratio Related Terms
Progen Holdings Current Ratio Historical Data
* Premium members only.
The historical data trend for Progen 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.
SGX:583 vs TT, JCI, CARR: Current Ratio Comparison
For the Building Products & Equipment subindustry, Progen 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.
Progen Holdings Current Ratio vs Construction Industry
For the Construction industry and Industrials sector, Progen Holdings's Current Ratio distribution charts can be found below:
* The bar in red indicates where Progen 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.
Progen Holdings (SGX:583) has a Current Ratio of 2.20 as of Dec. 2025. This is 57% above median its historical median of 1.40. Over the past decade, Progen Holdings' Current Ratio has ranged from 0.29 to 2.21. According to the industry distribution chart, Progen Holdings ranks #480 out of 1785 companies in the Construction industry, placing it in the top 26.9%.
Is Progen Holdings' Current Ratio too high?
Progen Holdings' current Current Ratio of 2.20 is 57% above median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 2.21. The Construction industry median Current Ratio is 1.58. Progen Holdings' value of 2.20 is 39.2% above this industry median. Based on the distribution chart, Progen Holdings ranks #480 out of 1785 companies in the Construction industry, which is above the industry midpoint.
How does Progen Holdings' Current Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Progen Holdings ranks #480 out of 1785 companies for Current Ratio. This puts Progen Holdings in the upper half of its industry. The industry median Current Ratio is 1.58. Progen Holdings' value of 2.20 is 39.2% above this benchmark. Historically, Progen Holdings' own Current Ratio has ranged from 0.29 to 2.21 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 1.58, Progen 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 1,785 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. Progen Holdings's current Current Ratio of 2.20 is 39.2% 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. Progen Holdings's current Current Ratio is 2.20, which is 57% above median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progen Holdings stock overvalued right now?
Based on GuruFocus' analysis, Progen Holdings (SGX:583) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.04, compared to a current price of S$0.03 — trading 37.5% below its estimated fair value. The current Current Ratio is 2.20, which is 57% above median its 10-year median of 1.40 and 39.2% above 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 Progen Holdings (SGX:583), the current Current Ratio is 2.20 as of Dec. 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.
Progen Holdings Ltd is a Singapore-based investment holding company. Along with its subsidiaries, it is principally engaged in the business of design, supply, installation, and maintenance of air conditioners, cooling, and mechanical ventilation systems. The group's reportable segments are Products and installation, Servicing and maintenance, Rental, Property development, and Others. Majority of its revenue is generated from the Products and installation segment, which relates to the contracting of engineering works, cooling towers, air-conditioning, and mechanical ventilation systems. Geographically, it operates substantially in Singapore.
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