XSpring Capital PCL (BKK:XPG) Quick Ratio: 96.40 (As of Mar. 2026) — 1428% Above Median

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BKK:XPG XSpring Capital PCL BKK:XPG
38 GF Score
Price ฿0.48
! 3 Warning Signs
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What is XSpring Capital PCL Quick Ratio?

XSpring Capital PCL BKK:XPG 38 Quick Ratio is 96.40 as of Mar. 2026, which is 1428% above its 10-year median of 6.31. GuruFocus rates BKK:XPG with a GF Score™ of 38/100. The stock has 3 warning signs investors should review. Among 713 Asset Management companies, XSpring Capital PCL ranks better than 94.25% 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. XSpring Capital PCL's quick ratio for the quarter that ended in Mar. 2026 was 96.40.

XSpring Capital PCL has a quick ratio of 96.40. It generally indicates good short-term financial strength.

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

BKK:XPG' s Quick Ratio Range Over the Past 10 Years
Min: 0.22   Med: 6.31   Max: 173.24
Current: 96.4

During the past 13 years, XSpring Capital PCL's highest Quick Ratio was 173.24. The lowest was 0.22. And the median was 6.31.

BKK:XPG's Quick Ratio is ranked better than
94.25% of 713 companies
in the Asset Management industry
Industry Median: 2.87 vs BKK:XPG: 96.40

XSpring Capital PCL  (BKK:XPG) 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.


XSpring Capital PCL Quick Ratio Related Terms


XSpring Capital PCL Quick Ratio Historical Data

* Premium members only.

The historical data trend for XSpring Capital 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.

XSpring Capital PCL Quick Ratio Chart

XSpring Capital 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 32.59 60.62 51.44 50.16 66.45

XSpring Capital 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 46.59 56.20 67.00 66.45 96.40

BKK:XPG vs BLK, BX, KKR: Quick Ratio Comparison

For the Asset Management subindustry, XSpring Capital 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.


XSpring Capital PCL Quick Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, XSpring Capital PCL's Quick Ratio distribution charts can be found below:

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


BKK:XPG
38GF Score
XSpring Capital PCL BKK:XPG
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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XSpring Capital 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.

XSpring Capital 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
=(8315.884-0)/125.142
=66.45

XSpring Capital 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
=(7898.845-0)/81.936
=96.40

* 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 96.40 mean?
XSpring Capital PCL (BKK:XPG) has a Quick Ratio of 96.40 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on XSpring Capital PCL and its competitors. This is 1428% above median its historical median of 6.31. Over the past decade, XSpring Capital PCL's Quick Ratio has ranged from 0.22 to 173.24. According to the industry distribution chart, XSpring Capital PCL ranks #41 out of 713 companies in the Asset Management industry, placing it in the top 5.8%.
Is XSpring Capital PCL's Quick Ratio too high?
XSpring Capital PCL's current Quick Ratio of 96.40 is 1428% above median its 10-year median of 6.31. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 173.24. The Asset Management industry median Quick Ratio is 2.87. XSpring Capital PCL's value of 96.40 is 3258.9% above this industry median. Based on the distribution chart, XSpring Capital PCL ranks #41 out of 713 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, XSpring Capital PCL has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does XSpring Capital PCL's Quick Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, XSpring Capital PCL ranks #41 out of 713 companies for Quick Ratio. This places XSpring Capital PCL in the top 6% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.87. XSpring Capital PCL's value of 96.40 is 3258.9% above this benchmark. Historically, XSpring Capital PCL's own Quick Ratio has ranged from 0.22 to 173.24 over the past decade. While the company's 10-year median is 6.31 vs. the industry median of 2.87, XSpring Capital 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 Asset Management company?
The median Quick Ratio among Asset Management companies is 2.87, based on 713 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. XSpring Capital PCL's current Quick Ratio of 96.40 is 3258.9% 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 XSpring Capital PCL and its competitors. For the Asset Management industry, the median Quick Ratio is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XSpring Capital PCL's current Quick Ratio is 96.40, which is 1428% above median its own 10-year median of 6.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XSpring Capital PCL stock overvalued right now?
XSpring Capital PCL (BKK:XPG) has a current Quick Ratio of 96.40. The current Quick Ratio is 96.40, which is 1428% above median its 10-year median of 6.31 and 3258.9% above the Asset Management industry median of 2.87. XSpring Capital PCL's overall GF Score™ is 38/100 with 3 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 XSpring Capital PCL (BKK:XPG), the current Quick Ratio is 96.40 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.

XSpring Capital PCL Business Description

Address 59 Siri Campus, Building D, 2nd Floor, Soi Rim Khlong Phra Khanong, Phra Khanong Nuea, Vadhana, Bangkok, THA, 10110
XSpring Capital PCL is engaged in investment holding in other businesses. The subsidiaries' businesses include fund management business, non-performing assets management business, digital asset business and investment holding business. The company's reportable segments are as follows: i) Securities segment, ii) Fund asset management segment, iii) Digital assets segment, iv) Asset management, and v) Investment and other segment. The majority of the company's revenue is derived from the Fund asset management segment.
38GF Score

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