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What is Country Group Development PCL Quick Ratio?
Country Group Development PCLBKK:CGD -9.09% Quick Ratio is 0.49 as of Mar. 2026, which is 14% above its 10-year median of 0.43. The stock has 6 warning signs investors should review. Among 1,797 Real Estate companies, Country Group Development PCL ranks worse than 67.78% on this metric.
Country Group Development PCL has a quick ratio of 0.49. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Country Group Development PCL's Quick Ratio or its related term are showing as below:
BKK:CGD'
s Quick Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.43 Max: 1.37
Current: 0.49
During the past 13 years, Country Group Development PCL's highest Quick Ratio was 1.37. The lowest was 0.11. And the median was 0.43.
BKK:CGD's Quick Ratio is ranked worse than 67.78% of 1797
companies
in the Real Estate industry
Industry Median: 0.84
vs BKK:CGD: 0.49
Country Group Development PCL (BKK:CGD) 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.
Country Group Development PCL Quick Ratio Related Terms
Country Group Development PCL Quick 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.
Country Group Development PCL Quick Ratio Competitor Comparison
For the Real Estate - Development subindustry, Country Group Development 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.
Country Group Development PCL Quick Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Country Group Development PCL's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Country Group Development PCL's Quick Ratio falls into.
Country Group Development 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.
* 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.
Country Group Development PCL (BKK:CGD) has a Quick Ratio of 0.49 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Country Group Development PCL and its competitors. This is 14% above median its historical median of 0.43. Over the past decade, Country Group Development PCL's Quick Ratio has ranged from 0.11 to 1.37. According to the industry distribution chart, Country Group Development PCL ranks #1218 out of 1797 companies in the Real Estate industry, placing it in the top 67.8%.
Is Country Group Development PCL's Quick Ratio too high?
Country Group Development PCL's current Quick Ratio of 0.49 is 14% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.37. The Real Estate industry median Quick Ratio is 0.84. Country Group Development PCL's value of 0.49 is 41.7% below this industry median. Based on the distribution chart, Country Group Development PCL ranks #1218 out of 1797 companies in the Real Estate industry, which is below the industry midpoint.
How does Country Group Development PCL's Quick Ratio compare to competitors?
According to the Real Estate industry distribution chart, Country Group Development PCL ranks #1218 out of 1797 companies for Quick Ratio. This places Country Group Development PCL in the lower half of its industry. The industry median Quick Ratio is 0.84. Country Group Development PCL's value of 0.49 is 41.7% below this benchmark. Historically, Country Group Development PCL's own Quick Ratio has ranged from 0.11 to 1.37 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.84, Country Group Development 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 Real Estate company?
The median Quick Ratio among Real Estate companies is 0.84, based on 1,797 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. Country Group Development PCL's current Quick Ratio of 0.49 is 41.7% 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 Country Group Development PCL and its competitors. For the Real Estate industry, the median Quick Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Country Group Development PCL's current Quick Ratio is 0.49, which is 14% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Country Group Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Country Group Development PCL (BKK:CGD) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.03, compared to a current price of ฿0.10 — trading 233.3% above its estimated fair value. The current Quick Ratio is 0.49, which is 14% above median its 10-year median of 0.43 and 41.7% below the Real Estate industry median of 0.84. 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 Country Group Development PCL (BKK:CGD), the current Quick Ratio is 0.49 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.
Country Group Development PCL Business Description
Country Group Development PCL is a holding company investing in real estate. It operates in the business segments of Real estate development and investment property. The company's project includes Elements Srinakarin, Four Seasons private residences, Four Seasons Hotel, Capella, Anchorage Point, Rama III Residence, Chao Phraya Estate Project, and others. The firm derives its revenue from the Real estate development segment.
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