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Hoe LeongSGX:H20 Current Ratio is 2.57 as of Dec. 2025, which is 53% above its 10-year median of 1.68. The stock has 3 warning signs investors should review. Among 158 Industrial Distribution companies, Hoe Leong ranks better than 69.62% 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. Hoe Leong's current ratio for the quarter that ended in Dec. 2025 was 2.57.
Hoe Leong has a current ratio of 2.57. It generally indicates good short-term financial strength.
The historical rank and industry rank for Hoe Leong's Current Ratio or its related term are showing as below:
SGX:H20'
s Current Ratio Range Over the Past 10 Years
Min: 0.42 Med: 1.68 Max: 2.57
Current: 2.57
During the past 13 years, Hoe Leong's highest Current Ratio was 2.57. The lowest was 0.42. And the median was 1.68.
SGX:H20's Current Ratio is ranked better than 69.62% of 158
companies
in the Industrial Distribution industry
Industry Median: 1.98
vs SGX:H20: 2.57
Hoe Leong (SGX:H20) 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.
Hoe Leong Current Ratio Related Terms
Hoe Leong Current Ratio Historical Data
* Premium members only.
The historical data trend for Hoe Leong'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:H20 vs GWW, FAST, FERG: Current Ratio Comparison
For the Industrial Distribution subindustry, Hoe Leong'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.
Hoe Leong Current Ratio vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Hoe Leong's Current Ratio distribution charts can be found below:
* The bar in red indicates where Hoe Leong'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.
Hoe Leong (SGX:H20) has a Current Ratio of 2.57 as of Dec. 2025. This is 53% above median its historical median of 1.68. Over the past decade, Hoe Leong's Current Ratio has ranged from 0.42 to 2.57. According to the industry distribution chart, Hoe Leong ranks #48 out of 158 companies in the Industrial Distribution industry, placing it in the top 30.4%.
Is Hoe Leong's Current Ratio too high?
Hoe Leong's current Current Ratio of 2.57 is 53% above median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 2.57. The Industrial Distribution industry median Current Ratio is 1.98. Hoe Leong's value of 2.57 is 29.8% above this industry median. Based on the distribution chart, Hoe Leong ranks #48 out of 158 companies in the Industrial Distribution industry, which is above the industry midpoint.
How does Hoe Leong's Current Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hoe Leong ranks #48 out of 158 companies for Current Ratio. This puts Hoe Leong in the upper half of its industry. The industry median Current Ratio is 1.98. Hoe Leong's value of 2.57 is 29.8% above this benchmark. Historically, Hoe Leong's own Current Ratio has ranged from 0.42 to 2.57 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 1.98, Hoe Leong 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 Distribution company?
The median Current Ratio among Industrial Distribution companies is 1.98, based on 158 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. Hoe Leong's current Current Ratio of 2.57 is 29.8% 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 Industrial Distribution industry, the median Current Ratio is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoe Leong's current Current Ratio is 2.57, which is 53% above median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoe Leong stock overvalued right now?
Hoe Leong (SGX:H20) has a current Current Ratio of 2.57. The current Current Ratio is 2.57, which is 53% above median its 10-year median of 1.68 and 29.8% above the Industrial Distribution industry median of 1.98. 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 Hoe Leong (SGX:H20), the current Current Ratio is 2.57 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.
Hoe Leong Corp Ltd specializes in providing undercarriage products, equipment parts, and services for heavy equipment and industrial machinery. Its offerings include an extensive range of parts for bulldozers, excavators, wheel loaders, and off-the-road (OTR) mining dump trucks, such as track frames, track chains and groups, rollers, shoes, sprockets, grouser parts, idlers, and OTR tires. The Group's reportable segments are Design and manufacture, Trading and distribution, and Investment Holding. Maximum revenue is derived from the Design and manufacture segment, which designs, manufactures, and sells equipment parts for both heavy equipment and industrial machinery under in-house brands like KBJ, ROSSI, and MIZU. Geographically, it operates globally and derives key revenue from Australia.
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