Chiang Mai Ram Medical Business PCL (BKK:CMR) Quick Ratio: 0.23 (As of Mar. 2026) — 39% Below Median

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BKK:CMR Chiang Mai Ram Medical Business PCL BKK:CMR
36 GF Score
Price ฿1.26
GF Value ฿0.78
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Chiang Mai Ram Medical Business PCL Quick Ratio?

Chiang Mai Ram Medical Business PCL BKK:CMR -0.79% 36 Quick Ratio is 0.23 as of Mar. 2026, which is 39% below its 10-year median of 0.38. GuruFocus rates BKK:CMR with a GF Score™ of 36/100 and a GF Value™ of ฿0.78 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 684 Healthcare Providers & Services companies, Chiang Mai Ram Medical Business PCL ranks worse than 94.15% 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. Chiang Mai Ram Medical Business PCL's quick ratio for the quarter that ended in Mar. 2026 was 0.23.

Chiang Mai Ram Medical Business PCL has a quick ratio of 0.23. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Chiang Mai Ram Medical Business PCL's Quick Ratio or its related term are showing as below:

BKK:CMR' s Quick Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.38   Max: 0.62
Current: 0.23

During the past 13 years, Chiang Mai Ram Medical Business PCL's highest Quick Ratio was 0.62. The lowest was 0.23. And the median was 0.38.

BKK:CMR's Quick Ratio is ranked worse than
94.15% of 684 companies
in the Healthcare Providers & Services industry
Industry Median: 1.32 vs BKK:CMR: 0.23

Chiang Mai Ram Medical Business PCL  (BKK:CMR) 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.


Chiang Mai Ram Medical Business PCL Quick Ratio Related Terms


Chiang Mai Ram Medical Business PCL Quick Ratio Historical Data

* Premium members only.

The historical data trend for Chiang Mai Ram Medical Business 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.

Chiang Mai Ram Medical Business PCL Quick Ratio Chart

Chiang Mai Ram Medical Business 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 0.38 0.34 0.31 0.29 0.33

Chiang Mai Ram Medical Business 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 0.29 0.25 0.38 0.33 0.23

BKK:CMR vs HCA, THC, DVA: Quick Ratio Comparison

For the Medical Care Facilities subindustry, Chiang Mai Ram Medical Business 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.


Chiang Mai Ram Medical Business PCL Quick Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Chiang Mai Ram Medical Business PCL's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Chiang Mai Ram Medical Business PCL's Quick Ratio falls into.


BKK:CMR
36GF Score
Chiang Mai Ram Medical Business PCL BKK:CMR
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chiang Mai Ram Medical Business 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.

Chiang Mai Ram Medical Business 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
=(907.355-52.88)/2566.831
=0.33

Chiang Mai Ram Medical Business 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
=(581.968-61.092)/2244.324
=0.23

* 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 0.23 mean?
Chiang Mai Ram Medical Business PCL (BKK:CMR) has a Quick Ratio of 0.23 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Chiang Mai Ram Medical Business PCL and its competitors. This is 39% below median its historical median of 0.38. Over the past decade, Chiang Mai Ram Medical Business PCL's Quick Ratio has ranged from 0.23 to 0.62. According to the industry distribution chart, Chiang Mai Ram Medical Business PCL ranks #644 out of 684 companies in the Healthcare Providers & Services industry, placing it in the top 94.2%.
Is Chiang Mai Ram Medical Business PCL's Quick Ratio too high?
Chiang Mai Ram Medical Business PCL's current Quick Ratio of 0.23 is 39% below median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.62. The Healthcare Providers & Services industry median Quick Ratio is 1.32. Chiang Mai Ram Medical Business PCL's value of 0.23 is 82.6% below this industry median. Based on the distribution chart, Chiang Mai Ram Medical Business PCL ranks #644 out of 684 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Chiang Mai Ram Medical Business PCL has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chiang Mai Ram Medical Business PCL's Quick Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Chiang Mai Ram Medical Business PCL ranks #644 out of 684 companies for Quick Ratio. This places Chiang Mai Ram Medical Business PCL in the lower half of its industry. The industry median Quick Ratio is 1.32. Chiang Mai Ram Medical Business PCL's value of 0.23 is 82.6% below this benchmark. Historically, Chiang Mai Ram Medical Business PCL's own Quick Ratio has ranged from 0.23 to 0.62 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 1.32, Chiang Mai Ram Medical Business 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 Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.32, based on 684 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. Chiang Mai Ram Medical Business PCL's current Quick Ratio of 0.23 is 82.6% 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 Chiang Mai Ram Medical Business PCL and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chiang Mai Ram Medical Business PCL's current Quick Ratio is 0.23, which is 39% below median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chiang Mai Ram Medical Business PCL stock overvalued right now?
Based on GuruFocus' analysis, Chiang Mai Ram Medical Business PCL (BKK:CMR) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.78, compared to a current price of ฿1.26 — trading 61.5% above its estimated fair value. The current Quick Ratio is 0.23, which is 39% below median its 10-year median of 0.38 and 82.6% below the Healthcare Providers & Services industry median of 1.32. Chiang Mai Ram Medical Business PCL's overall GF Score™ is 36/100 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 Chiang Mai Ram Medical Business PCL (BKK:CMR), the current Quick Ratio is 0.23 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 Chiang Mai Ram Medical Business PCL (BKK:CMR) Overvalued in 2026?

Based on GuruFocus' analysis, Chiang Mai Ram Medical Business PCL stock appears to be overvalued. The current stock price of ฿1.26 is trading 61.5% above its estimated GF Value™ of ฿0.78. GuruFocus considers Chiang Mai Ram Medical Business PCL to be Significantly Overvalued.

Key valuation signals for BKK:CMR:

  • Quick Ratio: 0.23 (39% below median its 10-year median of 0.38)
  • GF Value™: ฿0.78 vs. price of ฿1.26 (61.5% above fair value)
  • GF Score™: 36/100 with 9 warning signs
  • Industry Position: 82.6% below the Healthcare Providers & Services median (#644 of 684)

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


Chiang Mai Ram Medical Business PCL Business Description

Address 1, Sukkasem Road, Nakhon Ping Sub-district, Tumbon Paton, Amphur Muang, Chiangmai, THA, 50300
Chiang Mai Ram Medical Business PCL is a Thailand-based company. It provides medical services in the nature of General Hospital, Hospital in Social Security, and the national health security office systems. It offers various medical services including a Dental center, X-ray mobile for a checkup, CT Multislice, Cardiac Catheterization Center, Back pain center, Gynecologic Cancer center, Physical therapy, Operating theatres, Laboratory, Ambulance Services, and Health checkup center, and others. The company provides medical services through the Lanna Hospital.
36GF Score

Get the complete analysis for BKK:CMR

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

฿1.26
Price
฿0.78
GF Value