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TPI Polene Power PCLBKK:TPIPP 68 Quick Ratio is 1.02 as of Mar. 2026, which is 28% below its 10-year median of 1.42. GuruFocus rates BKK:TPIPP with a GF Score™ of 68/100 and a GF Value™ of ฿2.35 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 446 Utilities - Independent Power Producers companies, TPI Polene Power PCL ranks worse than 58.97% on this metric.
TPI Polene Power PCL (BKK:TPIPP) 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.
TPI Polene Power PCL Quick Ratio Related Terms
TPI Polene Power PCL Quick Ratio Historical Data
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The historical data trend for TPI Polene Power 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.
TPI Polene Power PCL Quick Ratio Competitor Comparison
For the Utilities - Renewable subindustry, TPI Polene Power 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.
TPI Polene Power PCL Quick Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, TPI Polene Power PCL's Quick Ratio distribution charts can be found below:
* The bar in red indicates where TPI Polene Power PCL's Quick Ratio falls into.
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.
TPI Polene Power PCL's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
TPI Polene Power PCL (BKK:TPIPP) has a Quick Ratio of 1.02 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TPI Polene Power PCL and its competitors. This is 28% below median its historical median of 1.42. Over the past decade, TPI Polene Power PCL's Quick Ratio has ranged from 0.46 to 3.65. According to the industry distribution chart, TPI Polene Power PCL ranks #263 out of 446 companies in the Utilities - Independent Power Producers industry, placing it in the top 59%.
Is TPI Polene Power PCL's Quick Ratio too high?
TPI Polene Power PCL's current Quick Ratio of 1.02 is 28% below median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 3.65. The Utilities - Independent Power Producers industry median Quick Ratio is 1.24. TPI Polene Power PCL's value of 1.02 is 17.4% below this industry median. Based on the distribution chart, TPI Polene Power PCL ranks #263 out of 446 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, TPI Polene Power PCL has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TPI Polene Power PCL's Quick Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, TPI Polene Power PCL ranks #263 out of 446 companies for Quick Ratio. This places TPI Polene Power PCL in the lower half of its industry. The industry median Quick Ratio is 1.24. TPI Polene Power PCL's value of 1.02 is 17.4% below this benchmark. Historically, TPI Polene Power PCL's own Quick Ratio has ranged from 0.46 to 3.65 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 1.24, TPI Polene Power 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 an Utilities - Independent Power Producers company?
The median Quick Ratio among Utilities - Independent Power Producers companies is 1.24, based on 446 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. TPI Polene Power PCL's current Quick Ratio of 1.02 is 17.4% 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 TPI Polene Power 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. TPI Polene Power PCL's current Quick Ratio is 1.02, which is 28% below median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPI Polene Power PCL stock overvalued right now?
Based on GuruFocus' analysis, TPI Polene Power PCL (BKK:TPIPP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.35, compared to a current price of ฿1.81 — trading 23% below its estimated fair value. The current Quick Ratio is 1.02, which is 28% below median its 10-year median of 1.42 and 17.4% below the Utilities - Independent Power Producers industry median of 1.24. TPI Polene Power PCL's overall GF Score™ is 68/100 with 10 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 TPI Polene Power PCL (BKK:TPIPP), the current Quick Ratio is 1.02 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 TPI Polene Power PCL (BKK:TPIPP) Overvalued in 2026?
Based on GuruFocus' analysis, TPI Polene Power PCL stock appears to be undervalued.
The current stock price of ฿1.81 is trading 23% below its estimated GF Value™ of ฿2.35.
GuruFocus considers TPI Polene Power PCL to be Modestly Undervalued.
Key valuation signals for BKK:TPIPP:
Quick Ratio: 1.02 (28% below median its 10-year median of 1.42)
GF Value™: ฿2.35 vs. price of ฿1.81 (23% below fair value)
Industry Position: 17.4% below the Utilities - Independent Power Producers median (#263 of 446)
No single metric tells the full story. See the BKK:TPIPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TPI Polene Power PCL is engaged in manufacturing and distributing electricity and refuse-derived fuel, organics waste, and distributing diesel and natural gas. The company is engaged in two segments which are Energy and utilities, Petrol and gas stations. It derives maximum revenue from Energy & Utilities segment. Geographically, the company operates in Thailand.
68GF Score
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