Thoresen Thai Agencies PCLTHAFF 81 Current Ratio is 1.88 as of Mar. 2026, which is 19% below its 10-year median of 2.32. GuruFocus rates THAFF with a GF Score™ of 81/100 and a GF Value™ of $0.23. The stock has 6 warning signs investors should review. Among 561 Conglomerates companies, Thoresen Thai Agencies PCL ranks better than 59.89% 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. Thoresen Thai Agencies PCL's current ratio for the quarter that ended in Mar. 2026 was 1.88.
Thoresen Thai Agencies PCL has a current ratio of 1.88. It generally indicates good short-term financial strength.
The historical rank and industry rank for Thoresen Thai Agencies PCL's Current Ratio or its related term are showing as below:
THAFF'
s Current Ratio Range Over the Past 10 Years
Min: 1.32 Med: 2.32 Max: 3.15
Current: 1.88
During the past 13 years, Thoresen Thai Agencies PCL's highest Current Ratio was 3.15. The lowest was 1.32. And the median was 2.32.
THAFF's Current Ratio is ranked better than 59.89% of 561
companies
in the Conglomerates industry
Industry Median: 1.6
vs THAFF: 1.88
Thoresen Thai Agencies PCL (OTCPK:THAFF) 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.
Thoresen Thai Agencies PCL Current Ratio Related Terms
Thoresen Thai Agencies PCL Current Ratio Historical Data
* 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.
For the Conglomerates subindustry, Thoresen Thai Agencies PCL'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.
Thoresen Thai Agencies PCL Current Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Thoresen Thai Agencies PCL's Current Ratio distribution charts can be found below:
* The bar in red indicates where Thoresen Thai Agencies PCL'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.
Thoresen Thai Agencies PCL (THAFF) has a Current Ratio of 1.88 as of Mar. 2026. This is 19% below median its historical median of 2.32. Over the past decade, Thoresen Thai Agencies PCL's Current Ratio has ranged from 1.32 to 3.15. According to the industry distribution chart, Thoresen Thai Agencies PCL ranks #225 out of 561 companies in the Conglomerates industry, placing it in the top 40.1%.
Is Thoresen Thai Agencies PCL's Current Ratio too high?
Thoresen Thai Agencies PCL's current Current Ratio of 1.88 is 19% below median its 10-year median of 2.32. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 3.15. The Conglomerates industry median Current Ratio is 1.60. Thoresen Thai Agencies PCL's value of 1.88 is 17.5% above this industry median. Based on the distribution chart, Thoresen Thai Agencies PCL ranks #225 out of 561 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Thoresen Thai Agencies PCL has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Thoresen Thai Agencies PCL's Current Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Thoresen Thai Agencies PCL ranks #225 out of 561 companies for Current Ratio. This puts Thoresen Thai Agencies PCL in the upper half of its industry. The industry median Current Ratio is 1.60. Thoresen Thai Agencies PCL's value of 1.88 is 17.5% above this benchmark. Historically, Thoresen Thai Agencies PCL's own Current Ratio has ranged from 1.32 to 3.15 over the past decade. While the company's 10-year median is 2.32 vs. the industry median of 1.60, Thoresen Thai Agencies PCL 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 Conglomerates company?
The median Current Ratio among Conglomerates companies is 1.60, based on 561 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. Thoresen Thai Agencies PCL's current Current Ratio of 1.88 is 17.5% 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 Conglomerates industry, the median Current Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thoresen Thai Agencies PCL's current Current Ratio is 1.88, which is 19% below median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thoresen Thai Agencies PCL stock overvalued right now?
Thoresen Thai Agencies PCL (THAFF) has a current Current Ratio of 1.88. The stock's GF Value™ is $0.23, compared to a current price of $0.20 — trading 13% below its estimated fair value. The current Current Ratio is 1.88, which is 19% below median its 10-year median of 2.32 and 17.5% above the Conglomerates industry median of 1.60. Thoresen Thai Agencies PCL's overall GF Score™ is 81/100 with 6 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 Thoresen Thai Agencies PCL (THAFF), the current Current Ratio is 1.88 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 Thoresen Thai Agencies PCL (THAFF) Overvalued in 2026?
Based on GuruFocus' analysis, Thoresen Thai Agencies PCL stock appears to be undervalued.
The current stock price of $0.20 is trading 13% below its estimated GF Value™ of $0.23.
Key valuation signals for THAFF:
Current Ratio: 1.88 (19% below median its 10-year median of 2.32)
GF Value™: $0.23 vs. price of $0.20 (13% below fair value)
Industry Position: 17.5% above the Conglomerates median (#225 of 561)
No single metric tells the full story. See the THAFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thoresen Thai Agencies PCL is an investment holding company. The company operates in five main segments: shipping, offshore service, agrochemical, food and beverage, and investment. Its activities include ownership of dry bulk vessels, certain shipping services, offshore services related to oil and gas, production and sales of fertilizers, coal trading, warehouse, and logistics services, and food and beverage. The maximum revenue is derived from the Offshore Service segment.
81GF Score
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