SPCG PCL (BKK:SPCG-R) Quick Ratio: 8.60 (As of Mar. 2026) — 339% Above Median


BKK:SPCG-R SPCG PCL BKK:SPCG-R
65 GF Score
Price ฿8.85
GF Value ฿5.90
! 8 Warning Signs
View Full Analysis

What is SPCG PCL Quick Ratio?

SPCG PCL BKK:SPCG-R 65 Quick Ratio is 8.60 as of Mar. 2026, which is 339% above its 10-year median of 1.96. GuruFocus rates BKK:SPCG-R with a GF Score™ of 65/100 and a GF Value™ of ฿5.90. The stock has 8 warning signs investors should review. Among 445 Utilities - Independent Power Producers companies, SPCG PCL ranks better than 93.71% 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. SPCG PCL's quick ratio for the quarter that ended in Mar. 2026 was 8.60.

SPCG PCL has a quick ratio of 8.60. It generally indicates good short-term financial strength.

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

BKK:SPCG-R' s Quick Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.96   Max: 16.13
Current: 8.6

During the past 13 years, SPCG PCL's highest Quick Ratio was 16.13. The lowest was 0.84. And the median was 1.96.

BKK:SPCG-R's Quick Ratio is ranked better than
93.71% of 445 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.24 vs BKK:SPCG-R: 8.60

SPCG PCL  (BKK:SPCG-R) 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.


SPCG PCL Quick Ratio Related Terms


SPCG PCL Quick Ratio Historical Data

* Premium members only.

The historical data trend for SPCG 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.

SPCG PCL Quick Ratio Chart

SPCG 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 2.05 3.63 2.64 16.13 4.63

SPCG 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 11.53 11.13 9.69 4.63 8.60

SPCG PCL Quick Ratio Competitor Comparison

For the Utilities - Renewable subindustry, SPCG 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.


SPCG PCL Quick Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SPCG PCL's Quick Ratio distribution charts can be found below:

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


BKK:SPCG-R
65GF Score
SPCG PCL BKK:SPCG-R
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPCG 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.

SPCG 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
=(2178.884-345.463)/395.952
=4.63

SPCG 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
=(2248.119-340.947)/221.859
=8.60

* 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 8.60 mean?
SPCG PCL (BKK:SPCG-R) has a Quick Ratio of 8.60 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on SPCG PCL and its competitors. This is 339% above median its historical median of 1.96. Over the past decade, SPCG PCL's Quick Ratio has ranged from 0.84 to 16.13. According to the industry distribution chart, SPCG PCL ranks #28 out of 445 companies in the Utilities - Independent Power Producers industry, placing it in the top 6.3%.
Is SPCG PCL's Quick Ratio too high?
SPCG PCL's current Quick Ratio of 8.60 is 339% above median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 16.13. The Utilities - Independent Power Producers industry median Quick Ratio is 1.24. SPCG PCL's value of 8.60 is 593.5% above this industry median. Based on the distribution chart, SPCG PCL ranks #28 out of 445 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, SPCG PCL has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does SPCG PCL's Quick Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, SPCG PCL ranks #28 out of 445 companies for Quick Ratio. This places SPCG PCL in the top 6% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.24. SPCG PCL's value of 8.60 is 593.5% above this benchmark. Historically, SPCG PCL's own Quick Ratio has ranged from 0.84 to 16.13 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 1.24, SPCG 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 an Utilities - Independent Power Producers company?
The median Quick Ratio among Utilities - Independent Power Producers companies is 1.24, based on 445 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. SPCG PCL's current Quick Ratio of 8.60 is 593.5% 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 SPCG PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Quick Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPCG PCL's current Quick Ratio is 8.60, which is 339% above median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPCG PCL stock overvalued right now?
SPCG PCL (BKK:SPCG-R) has a current Quick Ratio of 8.60. The stock's GF Value™ is ฿5.90, compared to a current price of ฿8.85 — trading 50% above its estimated fair value. The current Quick Ratio is 8.60, which is 339% above median its 10-year median of 1.96 and 593.5% above the Utilities - Independent Power Producers industry median of 1.24. SPCG PCL's overall GF Score™ is 65/100 with 8 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 SPCG PCL (BKK:SPCG-R), the current Quick Ratio is 8.60 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 SPCG PCL (BKK:SPCG-R) Overvalued in 2026?

Based on GuruFocus' analysis, SPCG PCL stock appears to be overvalued. The current stock price of ฿8.85 is trading 50% above its estimated GF Value™ of ฿5.90.

Key valuation signals for BKK:SPCG-R:

  • Quick Ratio: 8.60 (339% above median its 10-year median of 1.96)
  • GF Value™: ฿5.90 vs. price of ฿8.85 (50% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 593.5% above the Utilities - Independent Power Producers median (#28 of 445)

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


SPCG PCL Business Description

Other Exchanges SPCG:Thailand
Address No. 1 Capital Work Place Building, 10th Floor, Soi Jamjan, Klongton Nua, Sub-District, Wattana, Bangkok, THA, 10110
SPCG PCL is a holding company. The principal activities and reportable segments of the group are one production and distribution of electricity from solar energy, second the manufacture, trading, and installation service of roof sheets and solar roof, and Others. The majority of revenue is generated from the Production and distribution of electricity from solar energy.
65GF Score

Get the complete analysis for BKK:SPCG-R

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

฿8.85
Price
฿5.90
GF Value