S Prime Growth Leasehold REIT (BKK:SPRIME) Quick Ratio: 1.58 (As of Mar. 2026) — 19% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:SPRIME S Prime Growth Leasehold REIT BKK:SPRIME
72 GF Score
Price ฿4.16
GF Value ฿3.73
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is S Prime Growth Leasehold REIT Quick Ratio?

S Prime Growth Leasehold REIT BKK:SPRIME +0.48% 72 Quick Ratio is 1.58 as of Mar. 2026, which is 19% below its 10-year median of 1.94. GuruFocus rates BKK:SPRIME with a GF Score™ of 72/100 and a GF Value™ of ฿3.73 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 755 REITs companies, S Prime Growth Leasehold REIT ranks better than 67.95% 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. S Prime Growth Leasehold REIT's quick ratio for the quarter that ended in Mar. 2026 was 1.58.

S Prime Growth Leasehold REIT has a quick ratio of 1.58. It generally indicates good short-term financial strength.

The historical rank and industry rank for S Prime Growth Leasehold REIT's Quick Ratio or its related term are showing as below:

BKK:SPRIME' s Quick Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.94   Max: 5.36
Current: 1.58

During the past 7 years, S Prime Growth Leasehold REIT's highest Quick Ratio was 5.36. The lowest was 0.52. And the median was 1.94.

BKK:SPRIME's Quick Ratio is ranked better than
67.95% of 755 companies
in the REITs industry
Industry Median: 0.87 vs BKK:SPRIME: 1.58

S Prime Growth Leasehold REIT  (BKK:SPRIME) 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.


S Prime Growth Leasehold REIT Quick Ratio Related Terms


S Prime Growth Leasehold REIT Quick Ratio Historical Data

* Premium members only.

The historical data trend for S Prime Growth Leasehold REIT'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.

S Prime Growth Leasehold REIT Quick Ratio Chart

S Prime Growth Leasehold REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 1.86 1.89 2.37 1.91 1.74

S Prime Growth Leasehold REIT 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 1.56 1.69 0.52 1.74 1.58

BKK:SPRIME vs VICI, WPC, BNL: Quick Ratio Comparison

For the REIT - Diversified subindustry, S Prime Growth Leasehold REIT'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.


S Prime Growth Leasehold REIT Quick Ratio vs REITs Industry

For the REITs industry and Real Estate sector, S Prime Growth Leasehold REIT's Quick Ratio distribution charts can be found below:

* The bar in red indicates where S Prime Growth Leasehold REIT's Quick Ratio falls into.


BKK:SPRIME
72GF Score
S Prime Growth Leasehold REIT BKK:SPRIME
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S Prime Growth Leasehold REIT 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.

S Prime Growth Leasehold REIT'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
=(68.011-0)/38.984
=1.74

S Prime Growth Leasehold REIT'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
=(72.442-0)/45.768
=1.58

* 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 1.58 mean?
S Prime Growth Leasehold REIT (BKK:SPRIME) has a Quick Ratio of 1.58 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on S Prime Growth Leasehold REIT and its competitors. This is 19% below median its historical median of 1.94. Over the past decade, S Prime Growth Leasehold REIT's Quick Ratio has ranged from 0.52 to 5.36. According to the industry distribution chart, S Prime Growth Leasehold REIT ranks #242 out of 755 companies in the REITs industry, placing it in the top 32.1%.
Is S Prime Growth Leasehold REIT's Quick Ratio too high?
S Prime Growth Leasehold REIT's current Quick Ratio of 1.58 is 19% below median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 5.36. The REITs industry median Quick Ratio is 0.87. S Prime Growth Leasehold REIT's value of 1.58 is 81.6% above this industry median. Based on the distribution chart, S Prime Growth Leasehold REIT ranks #242 out of 755 companies in the REITs industry, which is above the industry midpoint. Overall, S Prime Growth Leasehold REIT has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S Prime Growth Leasehold REIT's Quick Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, S Prime Growth Leasehold REIT ranks #242 out of 755 companies for Quick Ratio. This puts S Prime Growth Leasehold REIT in the upper half of its industry. The industry median Quick Ratio is 0.87. S Prime Growth Leasehold REIT's value of 1.58 is 81.6% above this benchmark. Historically, S Prime Growth Leasehold REIT's own Quick Ratio has ranged from 0.52 to 5.36 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 0.87, S Prime Growth Leasehold REIT 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 a REITs company?
The median Quick Ratio among REITs companies is 0.87, based on 755 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. S Prime Growth Leasehold REIT's current Quick Ratio of 1.58 is 81.6% 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 S Prime Growth Leasehold REIT and its competitors. For the REITs industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S Prime Growth Leasehold REIT's current Quick Ratio is 1.58, which is 19% below median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S Prime Growth Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, S Prime Growth Leasehold REIT (BKK:SPRIME) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿3.73, compared to a current price of ฿4.16 — trading 11.5% above its estimated fair value. The current Quick Ratio is 1.58, which is 19% below median its 10-year median of 1.94 and 81.6% above the REITs industry median of 0.87. S Prime Growth Leasehold REIT's overall GF Score™ is 72/100 with 7 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 S Prime Growth Leasehold REIT (BKK:SPRIME), the current Quick Ratio is 1.58 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 S Prime Growth Leasehold REIT (BKK:SPRIME) Overvalued in 2026?

Based on GuruFocus' analysis, S Prime Growth Leasehold REIT stock appears to be overvalued. The current stock price of ฿4.16 is trading 11.5% above its estimated GF Value™ of ฿3.73. GuruFocus considers S Prime Growth Leasehold REIT to be Modestly Overvalued.

Key valuation signals for BKK:SPRIME:

  • Quick Ratio: 1.58 (19% below median its 10-year median of 1.94)
  • GF Value™: ฿3.73 vs. price of ฿4.16 (11.5% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 81.6% above the REITs median (#242 of 755)

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


S Prime Growth Leasehold REIT Business Description

Industry Real EstateREITs
Address Vibhavadi Rangsit Road, No. 123, Suntowers Building B, 37th Floor, Chom Phon Sub-District, Chatuchak District, Bangkok, THA, 10900
S Prime Growth Leasehold REIT is engaged in investing mostly in property or property leasehold rights and generating benefits from such properties for the benefit of the property, and creating revenue and return for the Trust and the unitholders. It mainly invests in the right to lease certain land plots and office spaces, conference spaces, common areas, parking areas, and building systems of Suntowers Complex for a specific term of years. The Trust operates in a single reportable operating segment, which is the investment in leasehold rights on properties, and the sole geographical area of its operations is Thailand.
72GF Score

Get the complete analysis for BKK:SPRIME

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

฿4.16
Price
฿3.73
GF Value