Southern Alliance Mining (SGX:QNS) Current Ratio: 4.30 (As of Jan. 2026) — 46% Below Median

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SGX:QNS Southern Alliance Mining Ltd SGX:QNS
46 GF Score
Price S$0.41
GF Value S$0.84
Valuation Possible Value Trap
! 3 Warning Signs
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What is Southern Alliance Mining Current Ratio?

Southern Alliance Mining SGX:QNS 46 Current Ratio is 4.30 as of Jan. 2026, which is 46% below its 10-year median of 7.89. GuruFocus rates SGX:QNS with a GF Score™ of 46/100 and a GF Value™ of S$0.84 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 635 Steel companies, Southern Alliance Mining ranks better than 84.41% 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. Southern Alliance Mining's current ratio for the quarter that ended in Jan. 2026 was 4.30.

Southern Alliance Mining has a current ratio of 4.30. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Southern Alliance Mining's Current Ratio or its related term are showing as below:

SGX:QNS' s Current Ratio Range Over the Past 10 Years
Min: 0.98   Med: 7.89   Max: 15
Current: 4.3

During the past 9 years, Southern Alliance Mining's highest Current Ratio was 15.00. The lowest was 0.98. And the median was 7.89.

SGX:QNS's Current Ratio is ranked better than
84.41% of 635 companies
in the Steel industry
Industry Median: 1.61 vs SGX:QNS: 4.30

Southern Alliance Mining  (SGX:QNS) 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.


Southern Alliance Mining Current Ratio Related Terms


Southern Alliance Mining Current Ratio Historical Data

* Premium members only.

The historical data trend for Southern Alliance Mining'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.

Southern Alliance Mining Current Ratio Chart

Southern Alliance Mining Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Current Ratio
Get a 7-Day Free Trial Premium Member Only 5.73 12.41 10.77 7.89 3.94

Southern Alliance Mining Semi-Annual Data
Jul17 Jul18 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 9.59 7.89 8.25 3.94 4.30

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

For the Steel subindustry, Southern Alliance Mining'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.


Southern Alliance Mining Current Ratio vs Steel Industry

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

* The bar in red indicates where Southern Alliance Mining's Current Ratio falls into.


SGX:QNS
46GF Score
Southern Alliance Mining Ltd SGX:QNS
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southern Alliance Mining 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.

Southern Alliance Mining's Current Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Current Ratio (A: Jul. 2025 )=Total Current Assets (A: Jul. 2025 )/Total Current Liabilities (A: Jul. 2025 )
=66.732/16.933
=3.94

Southern Alliance Mining's Current Ratio for the quarter that ended in Jan. 2026 is calculated as

Current Ratio (Q: Jan. 2026 )=Total Current Assets (Q: Jan. 2026 )/Total Current Liabilities (Q: Jan. 2026 )
=68.491/15.939
=4.30

* 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 4.30 mean?
Southern Alliance Mining (SGX:QNS) has a Current Ratio of 4.30 as of Jan. 2026. This is 46% below median its historical median of 7.89. Over the past decade, Southern Alliance Mining's Current Ratio has ranged from 0.98 to 15.00. According to the industry distribution chart, Southern Alliance Mining ranks #99 out of 635 companies in the Steel industry, placing it in the top 15.6%.
Is Southern Alliance Mining's Current Ratio too high?
Southern Alliance Mining's current Current Ratio of 4.30 is 46% below median its 10-year median of 7.89. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 15.00. The Steel industry median Current Ratio is 1.61. Southern Alliance Mining's value of 4.30 is 167.1% above this industry median. Based on the distribution chart, Southern Alliance Mining ranks #99 out of 635 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Southern Alliance Mining has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Southern Alliance Mining's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Southern Alliance Mining ranks #99 out of 635 companies for Current Ratio. This places Southern Alliance Mining in the top 16% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.61. Southern Alliance Mining's value of 4.30 is 167.1% above this benchmark. Historically, Southern Alliance Mining's own Current Ratio has ranged from 0.98 to 15.00 over the past decade. While the company's 10-year median is 7.89 vs. the industry median of 1.61, Southern Alliance Mining 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 1.61, based on 635 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. Southern Alliance Mining's current Current Ratio of 4.30 is 167.1% 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 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Alliance Mining's current Current Ratio is 4.30, which is 46% below median its own 10-year median of 7.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Alliance Mining stock overvalued right now?
Based on GuruFocus' analysis, Southern Alliance Mining (SGX:QNS) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.84, compared to a current price of S$0.41 — trading 51.2% below its estimated fair value. The current Current Ratio is 4.30, which is 46% below median its 10-year median of 7.89 and 167.1% above the Steel industry median of 1.61. Southern Alliance Mining's overall GF Score™ is 46/100 with 3 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 Southern Alliance Mining (SGX:QNS), the current Current Ratio is 4.30 as of Jan. 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 Southern Alliance Mining (SGX:QNS) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Alliance Mining stock appears to be undervalued. The current stock price of S$0.41 is trading 51.2% below its estimated GF Value™ of S$0.84. GuruFocus considers Southern Alliance Mining to be Possible Value Trap.

Key valuation signals for SGX:QNS:

  • Current Ratio: 4.30 (46% below median its 10-year median of 7.89)
  • GF Value™: S$0.84 vs. price of S$0.41 (51.2% below fair value)
  • GF Score™: 46/100 with 3 warning signs
  • Industry Position: 167.1% above the Steel median (#99 of 635)

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


Southern Alliance Mining Business Description

Address Jalan Putra Square 6, Level 8, Menara Zenith, Putra Square, Kuantan, PHG, MYS, 25200
Southern Alliance Mining Ltd is engaged in the exploration, mining, and processing of iron ore for subsequent sale. The principal activities of the company are those of investment holding and provision of management services. The company mines, produces, and sells iron ore, which includes processed iron ore concentrate typically sold to steel mills or traders, and crushed iron ore that is used as a pipe coating material. It mines at the Chaah mine, an open-pit mine located in the southwest of the township of Chaah.
46GF Score

Get the complete analysis for SGX:QNS

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

S$0.41
Price
S$0.84
GF Value