Bangkok Aviation Fuel Services PCL (BKK:BAFS) Quick Ratio: 0.55 (As of Mar. 2026) — 67% Below Median


BKK:BAFS Bangkok Aviation Fuel Services PCL BKK:BAFS
70 GF Score
Price ฿9.45
GF Value ฿15.58
Valuation Possible Value Trap
! 9 Warning Signs
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What is Bangkok Aviation Fuel Services PCL Quick Ratio?

Bangkok Aviation Fuel Services PCL BKK:BAFS -0.53% 70 Quick Ratio is 0.55 as of Mar. 2026, which is 67% below its 10-year median of 1.67. GuruFocus rates BKK:BAFS with a GF Score™ of 70/100 and a GF Value™ of ฿15.58 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,010 Transportation companies, Bangkok Aviation Fuel Services PCL ranks worse than 88.61% 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. Bangkok Aviation Fuel Services PCL's quick ratio for the quarter that ended in Mar. 2026 was 0.55.

Bangkok Aviation Fuel Services PCL has a quick ratio of 0.55. It indicates that the company cannot currently fully pay back its current liabilities.

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

BKK:BAFS' s Quick Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.67   Max: 5.62
Current: 0.55

During the past 13 years, Bangkok Aviation Fuel Services PCL's highest Quick Ratio was 5.62. The lowest was 0.52. And the median was 1.67.

BKK:BAFS's Quick Ratio is ranked worse than
88.61% of 1010 companies
in the Transportation industry
Industry Median: 1.37 vs BKK:BAFS: 0.55

Bangkok Aviation Fuel Services PCL  (BKK:BAFS) 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.


Bangkok Aviation Fuel Services PCL Quick Ratio Related Terms


Bangkok Aviation Fuel Services PCL Quick Ratio Historical Data

* Premium members only.

The historical data trend for Bangkok Aviation Fuel Services 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.

Bangkok Aviation Fuel Services PCL Quick Ratio Chart

Bangkok Aviation Fuel Services 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 1.78 1.14 0.80 0.59 0.66

Bangkok Aviation Fuel Services 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 0.72 0.90 0.84 0.66 0.55

BKK:BAFS vs JOBY, CAAP: Quick Ratio Comparison

For the Airports & Air Services subindustry, Bangkok Aviation Fuel Services 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.


Bangkok Aviation Fuel Services PCL Quick Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Bangkok Aviation Fuel Services PCL's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Bangkok Aviation Fuel Services PCL's Quick Ratio falls into.


BKK:BAFS
70GF Score
Bangkok Aviation Fuel Services PCL BKK:BAFS
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bangkok Aviation Fuel Services 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.

Bangkok Aviation Fuel Services 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
=(1521.018-96.158)/2152.03
=0.66

Bangkok Aviation Fuel Services 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
=(1383.065-86.124)/2342.669
=0.55

* 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 0.55 mean?
Bangkok Aviation Fuel Services PCL (BKK:BAFS) has a Quick Ratio of 0.55 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Bangkok Aviation Fuel Services PCL and its competitors. This is 67% below median its historical median of 1.67. Over the past decade, Bangkok Aviation Fuel Services PCL's Quick Ratio has ranged from 0.52 to 5.62. According to the industry distribution chart, Bangkok Aviation Fuel Services PCL ranks #895 out of 1010 companies in the Transportation industry, placing it in the top 88.6%.
Is Bangkok Aviation Fuel Services PCL's Quick Ratio too high?
Bangkok Aviation Fuel Services PCL's current Quick Ratio of 0.55 is 67% below median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 5.62. The Transportation industry median Quick Ratio is 1.37. Bangkok Aviation Fuel Services PCL's value of 0.55 is 59.9% below this industry median. Based on the distribution chart, Bangkok Aviation Fuel Services PCL ranks #895 out of 1010 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Bangkok Aviation Fuel Services PCL has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bangkok Aviation Fuel Services PCL's Quick Ratio compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Bangkok Aviation Fuel Services PCL ranks #895 out of 1010 companies for Quick Ratio. This places Bangkok Aviation Fuel Services PCL in the lower half of its industry. The industry median Quick Ratio is 1.37. Bangkok Aviation Fuel Services PCL's value of 0.55 is 59.9% below this benchmark. Historically, Bangkok Aviation Fuel Services PCL's own Quick Ratio has ranged from 0.52 to 5.62 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 1.37, Bangkok Aviation Fuel Services 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 a Transportation company?
The median Quick Ratio among Transportation companies is 1.37, based on 1,010 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. Bangkok Aviation Fuel Services PCL's current Quick Ratio of 0.55 is 59.9% 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 Bangkok Aviation Fuel Services PCL and its competitors. For the Transportation industry, the median Quick Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Aviation Fuel Services PCL's current Quick Ratio is 0.55, which is 67% below median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Aviation Fuel Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Aviation Fuel Services PCL (BKK:BAFS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿15.58, compared to a current price of ฿9.45 — trading 39.3% below its estimated fair value. The current Quick Ratio is 0.55, which is 67% below median its 10-year median of 1.67 and 59.9% below the Transportation industry median of 1.37. Bangkok Aviation Fuel Services PCL's overall GF Score™ is 70/100 with 9 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 Bangkok Aviation Fuel Services PCL (BKK:BAFS), the current Quick Ratio is 0.55 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 Bangkok Aviation Fuel Services PCL (BKK:BAFS) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Aviation Fuel Services PCL stock appears to be undervalued. The current stock price of ฿9.45 is trading 39.3% below its estimated GF Value™ of ฿15.58. GuruFocus considers Bangkok Aviation Fuel Services PCL to be Possible Value Trap.

Key valuation signals for BKK:BAFS:

  • Quick Ratio: 0.55 (67% below median its 10-year median of 1.67)
  • GF Value™: ฿15.58 vs. price of ฿9.45 (39.3% below fair value)
  • GF Score™: 70/100 with 9 warning signs
  • Industry Position: 59.9% below the Transportation median (#895 of 1010)

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


Bangkok Aviation Fuel Services PCL Business Description

Address 171/2 Kamphang Phet 6 Road, Don Mueang, Khet Don Mueang, Bangkok, THA, 10210
Bangkok Aviation Fuel Services PCL provides fuel services and storage for multiple airports in Thailand. The company has three operating segments: The aviation segment, the Utility and Power segment, and the business solution segment. The aviation segment provides in-plane service, manufacture, and assembly of hydrant dispensers. The utilities and power segment provides fuel pipeline transportation services, as well as the generation and distribution of electricity from solar power to the government. The business solution segment involves the development, design, manufacture, and sales of innovation and digital products, including the provision of other services. The majority of its revenue is generated from the Aviation segment.
70GF Score

Get the complete analysis for BKK:BAFS

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

฿9.45
Price
฿15.58
GF Value