BRC Asia (SGX:BEC) Current Ratio: 2.10 (As of Mar. 2026) — 21% Above Median

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SGX:BEC BRC Asia Ltd SGX:BEC
100 GF Score
Price S$4.20
GF Value S$2.86
Valuation Significantly Overvalued
! 1 Warning Sign
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What is BRC Asia Current Ratio?

BRC Asia SGX:BEC +0.24% 100 Current Ratio is 2.10 as of Mar. 2026, which is 21% above its 10-year median of 1.73. GuruFocus rates SGX:BEC with a GF Score™ of 100/100 and a GF Value™ of S$2.86 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 634 Steel companies, BRC Asia ranks better than 61.04% 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. BRC Asia's current ratio for the quarter that ended in Mar. 2026 was 2.10.

BRC Asia has a current ratio of 2.10. It generally indicates good short-term financial strength.

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

SGX:BEC' s Current Ratio Range Over the Past 10 Years
Min: 1.41   Med: 1.73   Max: 2.28
Current: 2.1

During the past 13 years, BRC Asia's highest Current Ratio was 2.28. The lowest was 1.41. And the median was 1.73.

SGX:BEC's Current Ratio is ranked better than
61.04% of 634 companies
in the Steel industry
Industry Median: 1.63 vs SGX:BEC: 2.10

BRC Asia  (SGX:BEC) 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.


BRC Asia Current Ratio Related Terms


BRC Asia Current Ratio Historical Data

* Premium members only.

The historical data trend for BRC Asia'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.

BRC Asia Current Ratio Chart

BRC Asia Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 1.57 1.65 1.91 2.04

BRC Asia Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1.86 1.91 1.92 2.04 2.10

SGX:BEC vs NUE, STLD, RS: Current Ratio Comparison

For the Steel subindustry, BRC Asia'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.


BRC Asia Current Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, BRC Asia's Current Ratio distribution charts can be found below:

* The bar in red indicates where BRC Asia's Current Ratio falls into.


SGX:BEC
100GF Score
BRC Asia Ltd SGX:BEC
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BRC Asia 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.

BRC Asia's Current Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Current Ratio (A: Sep. 2025 )=Total Current Assets (A: Sep. 2025 )/Total Current Liabilities (A: Sep. 2025 )
=776.46/380.954
=2.04

BRC Asia's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=794.111/378.167
=2.10

* 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 2.10 mean?
BRC Asia (SGX:BEC) has a Current Ratio of 2.10 as of Mar. 2026. This is 21% above median its historical median of 1.73. Over the past decade, BRC Asia's Current Ratio has ranged from 1.41 to 2.28. According to the industry distribution chart, BRC Asia ranks #247 out of 634 companies in the Steel industry, placing it in the top 39%.
Is BRC Asia's Current Ratio too high?
BRC Asia's current Current Ratio of 2.10 is 21% above median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 2.28. The Steel industry median Current Ratio is 1.63. BRC Asia's value of 2.10 is 28.8% above this industry median. Based on the distribution chart, BRC Asia ranks #247 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, BRC Asia has a GF Score™ of 100/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BRC Asia's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, BRC Asia ranks #247 out of 634 companies for Current Ratio. This puts BRC Asia in the upper half of its industry. The industry median Current Ratio is 1.63. BRC Asia's value of 2.10 is 28.8% above this benchmark. Historically, BRC Asia's own Current Ratio has ranged from 1.41 to 2.28 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 1.63, BRC Asia 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 Steel company?
The median Current Ratio among Steel companies is 1.63, based on 634 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. BRC Asia's current Current Ratio of 2.10 is 28.8% 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 Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BRC Asia's current Current Ratio is 2.10, which is 21% above median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BRC Asia stock overvalued right now?
Based on GuruFocus' analysis, BRC Asia (SGX:BEC) is currently considered Significantly Overvalued. The stock's GF Value™ is S$2.86, compared to a current price of S$4.20 — trading 46.9% above its estimated fair value. The current Current Ratio is 2.10, which is 21% above median its 10-year median of 1.73 and 28.8% above the Steel industry median of 1.63. BRC Asia's overall GF Score™ is 100/100 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 BRC Asia (SGX:BEC), the current Current Ratio is 2.10 as of Mar. 2026. 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 BRC Asia (SGX:BEC) Overvalued in 2026?

Based on GuruFocus' analysis, BRC Asia stock appears to be overvalued. The current stock price of S$4.20 is trading 46.9% above its estimated GF Value™ of S$2.86. GuruFocus considers BRC Asia to be Significantly Overvalued.

Key valuation signals for SGX:BEC:

  • Current Ratio: 2.10 (21% above median its 10-year median of 1.73)
  • GF Value™: S$2.86 vs. price of S$4.20 (46.9% above fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 28.8% above the Steel median (#247 of 634)

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


BRC Asia Business Description

Address 350 Jalan Boon Lay, Jurong Industrial Estate, Singapore, SGP, 619530
BRC Asia Ltd is principally engaged in the prefabrication of steel reinforcement for use in concrete, trading of steel reinforcing bars, and manufacturing and sale of wire mesh fences. The company's reportable segments are: (i) The fabrication and manufacturing segment is involved in the business of processing and prefabrication of steel reinforcement, including sale of standard-length rebar, for use in concrete. (ii) Trading segment is involved in trading of steel and steel related products in both domestic and international market. (iii) Others relates to leasing of properties. The majority of the company's revenue is derived from the Fabrication and manufacturing segment. Geographically, it derives the maximum revenue from Singapore.
100GF Score

Get the complete analysis for SGX:BEC

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

S$4.20
Price
S$2.86
GF Value