Global Testing (SGX:AYN) Current Ratio: 2.67 (As of Dec. 2025) — 28% Above Median

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SGX:AYN Global Testing Corp Ltd SGX:AYN
78 GF Score
Price S$1.15
GF Value S$1.16
Valuation Fairly Valued
View Full Analysis

What is Global Testing Current Ratio?

Global Testing SGX:AYN 78 Current Ratio is 2.67 as of Dec. 2025, which is 28% above its 10-year median of 2.08. GuruFocus rates SGX:AYN with a GF Score™ of 78/100 and a GF Value™ of S$1.16 (Fairly Valued). Among 1,028 Semiconductors companies, Global Testing ranks better than 54.96% 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. Global Testing's current ratio for the quarter that ended in Dec. 2025 was 2.67.

Global Testing has a current ratio of 2.67. It generally indicates good short-term financial strength.

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

SGX:AYN' s Current Ratio Range Over the Past 10 Years
Min: 1.06   Med: 2.08   Max: 2.97
Current: 2.67

During the past 13 years, Global Testing's highest Current Ratio was 2.97. The lowest was 1.06. And the median was 2.08.

SGX:AYN's Current Ratio is ranked better than
54.96% of 1028 companies
in the Semiconductors industry
Industry Median: 2.405 vs SGX:AYN: 2.67

Global Testing  (SGX:AYN) 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.


Global Testing Current Ratio Related Terms


Global Testing Current Ratio Historical Data

* Premium members only.

The historical data trend for Global Testing'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.

Global Testing Current Ratio Chart

Global Testing Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.16 2.72 2.60 2.97 2.67

Global Testing Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.60 2.61 2.97 2.91 2.67

SGX:AYN vs AMAT, LRCX, KLAC: Current Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Global Testing'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.


Global Testing Current Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Global Testing's Current Ratio distribution charts can be found below:

* The bar in red indicates where Global Testing's Current Ratio falls into.


SGX:AYN
78GF Score
Global Testing Corp Ltd SGX:AYN
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Testing 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.

Global Testing's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=45.493/17.02
=2.67

Global Testing's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=45.493/17.02
=2.67

* 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 2.67 mean?
Global Testing (SGX:AYN) has a Current Ratio of 2.67 as of Dec. 2025. This is 28% above median its historical median of 2.08. Over the past decade, Global Testing's Current Ratio has ranged from 1.06 to 2.97. According to the industry distribution chart, Global Testing ranks #463 out of 1028 companies in the Semiconductors industry, placing it in the top 45%.
Is Global Testing's Current Ratio too high?
Global Testing's current Current Ratio of 2.67 is 28% above median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 2.97. The Semiconductors industry median Current Ratio is 2.41. Global Testing's value of 2.67 is 11% above this industry median. Based on the distribution chart, Global Testing ranks #463 out of 1028 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Global Testing has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Testing's Current Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Global Testing ranks #463 out of 1028 companies for Current Ratio. This puts Global Testing in the upper half of its industry. The industry median Current Ratio is 2.41. Global Testing's value of 2.67 is 11% above this benchmark. Historically, Global Testing's own Current Ratio has ranged from 1.06 to 2.97 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 2.41, Global Testing 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 Semiconductors company?
The median Current Ratio among Semiconductors companies is 2.41, based on 1,028 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. Global Testing's current Current Ratio of 2.67 is 11% 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 Semiconductors industry, the median Current Ratio is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Testing's current Current Ratio is 2.67, which is 28% above median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Testing stock overvalued right now?
Based on GuruFocus' analysis, Global Testing (SGX:AYN) is currently considered Fairly Valued. The stock's GF Value™ is S$1.16, compared to a current price of S$1.15 — trading 0.9% below its estimated fair value. The current Current Ratio is 2.67, which is 28% above median its 10-year median of 2.08 and 11% above the Semiconductors industry median of 2.41. Global Testing's overall GF Score™ is 78/100. 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 Global Testing (SGX:AYN), the current Current Ratio is 2.67 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.

Is Global Testing (SGX:AYN) Overvalued in 2026?

Based on GuruFocus' analysis, Global Testing stock appears to be undervalued. The current stock price of S$1.15 is trading 0.9% below its estimated GF Value™ of S$1.16. GuruFocus considers Global Testing to be Fairly Valued.

Key valuation signals for SGX:AYN:

  • Current Ratio: 2.67 (28% above median its 10-year median of 2.08)
  • GF Value™: S$1.16 vs. price of S$1.15 (0.9% below fair value)
  • GF Score™: 78/100
  • Industry Position: 11% above the Semiconductors median (#463 of 1028)

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


Global Testing Business Description

Address No. 75 Guangfu Road, Hu-Kou, Hsin-Chu Industrial Park, Hsin-Chu, TWN, 303
Global Testing Corp Ltd is engaged in providing testing services. The group provides testing services such as wafer sorting and final testing to the semiconductor industry, focusing on logic and mixed-signal semiconductors used in consumer electronics and communication devices. As part of its testing services, it provides test program development, conversion and optimization services, load board and probe card design, and leases its testers to its customers for trial and pilot testing purposes on an ad hoc basis. Geographically the business presence of the company is seen across the region of Singapore, the USA, Taiwan, Thailand, China, Japan, and other countries.
78GF Score

Get the complete analysis for SGX:AYN

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

S$1.15
Price
S$1.16
GF Value