ASASF (Asia Standard International Group) Quick Ratio: 0.68 (As of Sep. 2025) — 68% Below Median


ASASF Asia Standard International Group Ltd ASASF
43 GF Score
Price $0.03
GF Value $0.19
! 4 Warning Signs
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What is Asia Standard International Group Quick Ratio?

Asia Standard International Group ASASF 43 Quick Ratio is 0.68 as of Sep. 2025, which is 68% below its 10-year median of 2.11. GuruFocus rates ASASF with a GF Score™ of 43/100 and a GF Value™ of $0.19. The stock has 4 warning signs investors should review. Among 708 Asset Management companies, Asia Standard International Group ranks worse than 88.14% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Asia Standard International Group's quick ratio for the quarter that ended in Sep. 2025 was 0.68.

Asia Standard International Group has a quick ratio of 0.68. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Asia Standard International Group's Quick Ratio or its related term are showing as below:

ASASF' s Quick Ratio Range Over the Past 10 Years
Min: 0.41   Med: 2.11   Max: 7.12
Current: 0.68

During the past 13 years, Asia Standard International Group's highest Quick Ratio was 7.12. The lowest was 0.41. And the median was 2.11.

ASASF's Quick Ratio is ranked worse than
88.14% of 708 companies
in the Asset Management industry
Industry Median: 2.815 vs ASASF: 0.68

Asia Standard International Group  (OTCPK:ASASF) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Asia Standard International Group Quick Ratio Related Terms


Asia Standard International Group Quick Ratio Historical Data

* Premium members only.

The historical data trend for Asia Standard International Group's Quick 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.

Asia Standard International Group Quick Ratio Chart

Asia Standard International Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 1.45 1.65 0.60 0.41

Asia Standard International Group Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Quick 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 0.85 0.60 0.66 0.41 0.68

ASASF vs BLK, BX, KKR: Quick Ratio Comparison

For the Asset Management subindustry, Asia Standard International Group's Quick Ratio, along with its competitors' market caps and Quick 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.


Asia Standard International Group Quick Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Asia Standard International Group's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Asia Standard International Group's Quick Ratio falls into.


ASASF
43GF Score
Asia Standard International Group Ltd ASASF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Standard International Group Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Asia Standard International Group's Quick Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Quick Ratio (A: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1231.827-802.62)/1053.24
=0.41

Asia Standard International Group's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1015.761-334.12)/999.157
=0.68

* 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 Quick Ratio →
What does a Quick Ratio of 0.68 mean?
Asia Standard International Group (ASASF) has a Quick Ratio of 0.68 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Asia Standard International Group and its competitors. This is 68% below median its historical median of 2.11. Over the past decade, Asia Standard International Group's Quick Ratio has ranged from 0.41 to 7.12. According to the industry distribution chart, Asia Standard International Group ranks #624 out of 708 companies in the Asset Management industry, placing it in the top 88.1%.
Is Asia Standard International Group's Quick Ratio too high?
Asia Standard International Group's current Quick Ratio of 0.68 is 68% below median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 7.12. The Asset Management industry median Quick Ratio is 2.82. Asia Standard International Group's value of 0.68 is 75.8% below this industry median. Based on the distribution chart, Asia Standard International Group ranks #624 out of 708 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Asia Standard International Group has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Asia Standard International Group's Quick Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Asia Standard International Group ranks #624 out of 708 companies for Quick Ratio. This places Asia Standard International Group in the lower half of its industry. The industry median Quick Ratio is 2.82. Asia Standard International Group's value of 0.68 is 75.8% below this benchmark. Historically, Asia Standard International Group's own Quick Ratio has ranged from 0.41 to 7.12 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 2.82, Asia Standard International Group has consistently been below 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 Quick Ratio for an Asset Management company?
The median Quick Ratio among Asset Management companies is 2.82, based on 708 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asia Standard International Group's current Quick Ratio of 0.68 is 75.8% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Asia Standard International Group and its competitors. For the Asset Management industry, the median Quick Ratio is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Standard International Group's current Quick Ratio is 0.68, which is 68% below median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Standard International Group stock overvalued right now?
Asia Standard International Group (ASASF) has a current Quick Ratio of 0.68. The stock's GF Value™ is $0.19, compared to a current price of $0.03 — trading 84.8% below its estimated fair value. The current Quick Ratio is 0.68, which is 68% below median its 10-year median of 2.11 and 75.8% below the Asset Management industry median of 2.82. Asia Standard International Group's overall GF Score™ is 43/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Asia Standard International Group (ASASF), the current Quick Ratio is 0.68 as of Sep. 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 Asia Standard International Group (ASASF) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Standard International Group stock appears to be undervalued. The current stock price of $0.03 is trading 84.8% below its estimated GF Value™ of $0.19.

Key valuation signals for ASASF:

  • Quick Ratio: 0.68 (68% below median its 10-year median of 2.11)
  • GF Value™: $0.19 vs. price of $0.03 (84.8% below fair value)
  • GF Score™: 43/100 with 4 warning signs
  • Industry Position: 75.8% below the Asset Management median (#624 of 708)

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


Asia Standard International Group Business Description

Other Exchanges 00129:Hong KongBDL1:Germany
Address 33 Lockhart Road, 30th Floor, YF Life Tower, Wanchai, Hong Kong, HKG
Asia Standard International Group Ltd is an investment holding company. The company is principally engaged in developing and investing properties in location in Hong Kong, first-tier cities in China and Vancouver, Canada, and has established a well diversified business model across four main operating segments - property sales, property leasing, hotel operation and financial investments. The majority of its revenue is derived from the Financial Investments segment.
43GF Score

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

$0.03
Price
$0.19
GF Value