Applicad PCL (BKK:APP) Quick Ratio: 1.89 (As of Mar. 2026) — Near Median


BKK:APP Applicad PCL BKK:APP
90 GF Score
Price ฿2.50
GF Value ฿2.62
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Applicad PCL Quick Ratio?

Applicad PCL BKK:APP +0.81% 90 Quick Ratio is 1.89 as of Mar. 2026, which is 9% above its 10-year median of 1.74. GuruFocus rates BKK:APP with a GF Score™ of 90/100 and a GF Value™ of ฿2.62 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,865 Software companies, Applicad PCL ranks better than 55.29% 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. Applicad PCL's quick ratio for the quarter that ended in Mar. 2026 was 1.89.

Applicad PCL has a quick ratio of 1.89. It generally indicates good short-term financial strength.

The historical rank and industry rank for Applicad PCL's Quick Ratio or its related term are showing as below:

BKK:APP' s Quick Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.74   Max: 1.97
Current: 1.89

During the past 10 years, Applicad PCL's highest Quick Ratio was 1.97. The lowest was 0.83. And the median was 1.74.

BKK:APP's Quick Ratio is ranked better than
55.29% of 2865 companies
in the Software industry
Industry Median: 1.7 vs BKK:APP: 1.89

Applicad PCL  (BKK:APP) 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.


Applicad PCL Quick Ratio Related Terms


Applicad PCL Quick Ratio Historical Data

* Premium members only.

The historical data trend for Applicad PCL'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.

Applicad PCL Quick Ratio Chart

Applicad PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 1.61 1.77 1.79 1.90

Applicad PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.80 1.67 1.81 1.90 1.89

BKK:APP vs CRM, SHOP, UBER: Quick Ratio Comparison

For the Software - Application subindustry, Applicad PCL'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.


Applicad PCL Quick Ratio vs Software Industry

For the Software industry and Technology sector, Applicad PCL's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Applicad PCL's Quick Ratio falls into.


BKK:APP
90GF Score
Applicad PCL BKK:APP
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Applicad PCL 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.

Applicad PCL's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(807.983-48.684)/400.462
=1.90

Applicad PCL's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(854.63-62.049)/420.285
=1.89

* 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 1.89 mean?
Applicad PCL (BKK:APP) has a Quick Ratio of 1.89 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Applicad PCL and its competitors. This is near median its historical median of 1.74. Over the past decade, Applicad PCL's Quick Ratio has ranged from 0.83 to 1.97. According to the industry distribution chart, Applicad PCL ranks #1281 out of 2865 companies in the Software industry, placing it in the top 44.7%.
Is Applicad PCL's Quick Ratio too high?
Applicad PCL's current Quick Ratio of 1.89 is near median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.97. The Software industry median Quick Ratio is 1.70. Applicad PCL's value of 1.89 is 11.2% above this industry median. Based on the distribution chart, Applicad PCL ranks #1281 out of 2865 companies in the Software industry, which is above the industry midpoint. Overall, Applicad PCL has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Applicad PCL's Quick Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Applicad PCL ranks #1281 out of 2865 companies for Quick Ratio. This puts Applicad PCL in the upper half of its industry. The industry median Quick Ratio is 1.70. Applicad PCL's value of 1.89 is 11.2% above this benchmark. Historically, Applicad PCL's own Quick Ratio has ranged from 0.83 to 1.97 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 1.70, Applicad 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 Quick Ratio for a Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,865 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. Applicad PCL's current Quick Ratio of 1.89 is 11.2% 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 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 Applicad PCL and its competitors. For the Software industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applicad PCL's current Quick Ratio is 1.89, which is near median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applicad PCL stock overvalued right now?
Based on GuruFocus' analysis, Applicad PCL (BKK:APP) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.62, compared to a current price of ฿2.50 — trading 4.6% below its estimated fair value. The current Quick Ratio is 1.89, which is near median its 10-year median of 1.74 and 11.2% above the Software industry median of 1.70. Applicad PCL's overall GF Score™ is 90/100 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 Applicad PCL (BKK:APP), the current Quick Ratio is 1.89 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 Applicad PCL (BKK:APP) Overvalued in 2026?

Based on GuruFocus' analysis, Applicad PCL stock appears to be undervalued. The current stock price of ฿2.50 is trading 4.6% below its estimated GF Value™ of ฿2.62. GuruFocus considers Applicad PCL to be Fairly Valued.

Key valuation signals for BKK:APP:

  • Quick Ratio: 1.89 (near median its 10-year median of 1.74)
  • GF Value™: ฿2.62 vs. price of ฿2.50 (4.6% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 11.2% above the Software median (#1281 of 2865)

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


Applicad PCL Business Description

Address Sukhumvit Road, No. 69 Sukhumvit Soi 68, Bang Na District, Bangna Nuea Sub-district, Bangkok, THA, 10260
Applicad PCL main business is the sale of computer programs and maintenance services for computer programs, machines and equipment, and the design and development of related products and services. The company operates through three segments: Computer Software Sales division, engaged in the sale of computer programs for specific applications and peripherals and generating maximum revenue; Sale Division of Machinery, Equipment and Other Products, engaged in the sale of machinery, computer parts, spare parts, materials and other products; and Service Division, providing computer maintenance services, design and manufacture of industrial parts and prototypes, and other services. Geographically, the company operates in Thailand and Indonesia, while earning key revenue from sales in Thailand.
90GF Score

Get the complete analysis for BKK:APP

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

฿2.50
Price
฿2.62
GF Value