Asphere Innovations PCL (BKK:AS) Quick Ratio: 2.01 (As of Mar. 2026) — 44% Above Median


BKK:AS Asphere Innovations PCL BKK:AS
67 GF Score
Price ฿2.28
GF Value ฿3.77
Valuation Possible Value Trap
! 5 Warning Signs
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What is Asphere Innovations PCL Quick Ratio?

Asphere Innovations PCL BKK:AS 67 Quick Ratio is 2.01 as of Mar. 2026, which is 44% above its 10-year median of 1.40. GuruFocus rates BKK:AS with a GF Score™ of 67/100 and a GF Value™ of ฿3.77 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 566 Interactive Media companies, Asphere Innovations PCL ranks worse than 50.88% 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. Asphere Innovations PCL's quick ratio for the quarter that ended in Mar. 2026 was 2.01.

Asphere Innovations PCL has a quick ratio of 2.01. It generally indicates good short-term financial strength.

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

BKK:AS' s Quick Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.4   Max: 4.06
Current: 2.01

During the past 13 years, Asphere Innovations PCL's highest Quick Ratio was 4.06. The lowest was 0.61. And the median was 1.40.

BKK:AS's Quick Ratio is ranked worse than
50.88% of 566 companies
in the Interactive Media industry
Industry Median: 2.03 vs BKK:AS: 2.01

Asphere Innovations PCL  (BKK:AS) 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.


Asphere Innovations PCL Quick Ratio Related Terms


Asphere Innovations PCL Quick Ratio Historical Data

* Premium members only.

The historical data trend for Asphere Innovations 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.

Asphere Innovations PCL Quick Ratio Chart

Asphere Innovations 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 2.59 3.27 1.20 1.62 1.71

Asphere Innovations 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 1.49 1.49 1.46 1.71 2.01

BKK:AS vs NTES, EA, TTWO: Quick Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Asphere Innovations 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.


Asphere Innovations PCL Quick Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Asphere Innovations PCL's Quick Ratio distribution charts can be found below:

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


BKK:AS
67GF Score
Asphere Innovations PCL BKK:AS
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Asphere Innovations 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.

Asphere Innovations 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
=(608.525-0)/356.658
=1.71

Asphere Innovations 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
=(583.056-0)/289.529
=2.01

* 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 2.01 mean?
Asphere Innovations PCL (BKK:AS) has a Quick Ratio of 2.01 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Asphere Innovations PCL and its competitors. This is 44% above median its historical median of 1.40. Over the past decade, Asphere Innovations PCL's Quick Ratio has ranged from 0.61 to 4.06. According to the industry distribution chart, Asphere Innovations PCL ranks #288 out of 566 companies in the Interactive Media industry, placing it in the top 50.9%.
Is Asphere Innovations PCL's Quick Ratio too high?
Asphere Innovations PCL's current Quick Ratio of 2.01 is 44% above median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 4.06. The Interactive Media industry median Quick Ratio is 2.03. Asphere Innovations PCL's value of 2.01 is 1% below this industry median. Based on the distribution chart, Asphere Innovations PCL ranks #288 out of 566 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Asphere Innovations PCL has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asphere Innovations PCL's Quick Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Asphere Innovations PCL ranks #288 out of 566 companies for Quick Ratio. This places Asphere Innovations PCL in the lower half of its industry. The industry median Quick Ratio is 2.03. Asphere Innovations PCL's value of 2.01 is 1% below this benchmark. Historically, Asphere Innovations PCL's own Quick Ratio has ranged from 0.61 to 4.06 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 2.03, Asphere Innovations PCL 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 Interactive Media company?
The median Quick Ratio among Interactive Media companies is 2.03, based on 566 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. Asphere Innovations PCL's current Quick Ratio of 2.01 is 1% 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 Asphere Innovations PCL and its competitors. For the Interactive Media industry, the median Quick Ratio is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asphere Innovations PCL's current Quick Ratio is 2.01, which is 44% above median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asphere Innovations PCL stock overvalued right now?
Based on GuruFocus' analysis, Asphere Innovations PCL (BKK:AS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿3.77, compared to a current price of ฿2.28 — trading 39.5% below its estimated fair value. The current Quick Ratio is 2.01, which is 44% above median its 10-year median of 1.40 and 1% below the Interactive Media industry median of 2.03. Asphere Innovations PCL's overall GF Score™ is 67/100 with 5 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 Asphere Innovations PCL (BKK:AS), the current Quick Ratio is 2.01 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 Asphere Innovations PCL (BKK:AS) Overvalued in 2026?

Based on GuruFocus' analysis, Asphere Innovations PCL stock appears to be undervalued. The current stock price of ฿2.28 is trading 39.5% below its estimated GF Value™ of ฿3.77. GuruFocus considers Asphere Innovations PCL to be Possible Value Trap.

Key valuation signals for BKK:AS:

  • Quick Ratio: 2.01 (44% above median its 10-year median of 1.40)
  • GF Value™: ฿3.77 vs. price of ฿2.28 (39.5% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 1% below the Interactive Media median (#288 of 566)

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


Asphere Innovations PCL Business Description

Other Exchanges 5ASA:Germany
Address Rama 9 Road, 51 Major Tower Rama 9 - Ramkhamhaeng 18th Floor, Room No. 3-8, Hua Mak, Bangkapi, Bangkok, THA, 10240
Asphere Innovations PCL is engaged in providing online game services. The Company operates in two segments: the publishing online game segment, which contributes the majority of the revenue and provides online game publishing services through the internet based on agreements between the publisher and game developers; and the distribution segment, which provides payment channel services. Other income mainly comprises revenue from the provision of marketing services. The Company offers a collection of games across PC and mobile platforms, covering genres such as MMORPG, Casual, SRPG, FPS, and MOBA. It operates in Thailand, Singapore, Vietnam, and other countries, with Singapore contributing the majority of the revenue.
67GF Score

Get the complete analysis for BKK:AS

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

฿2.28
Price
฿3.77
GF Value