FLX (BingEx) Quick Ratio: 2.38 (As of Mar. 2026) — 51% Above Median

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FLX BingEx Ltd FLX
28 GF Score
Price $2.10
! 4 Warning Signs
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What is BingEx Quick Ratio?

BingEx FLX +1.45% 28 Quick Ratio is 2.38 as of Mar. 2026, which is 51% above its 10-year median of 1.58. GuruFocus rates FLX with a GF Score™ of 28/100. The stock has 4 warning signs investors should review. Among 1,007 Transportation companies, BingEx ranks better than 78.05% 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. BingEx's quick ratio for the quarter that ended in Mar. 2026 was 2.38.

BingEx has a quick ratio of 2.38. It generally indicates good short-term financial strength.

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

FLX' s Quick Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.58   Max: 2.38
Current: 2.38

During the past 7 years, BingEx's highest Quick Ratio was 2.38. The lowest was 0.76. And the median was 1.58.

FLX's Quick Ratio is ranked better than
78.05% of 1007 companies
in the Transportation industry
Industry Median: 1.35 vs FLX: 2.38

BingEx  (NAS:FLX) 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.


BingEx Quick Ratio Related Terms


BingEx Quick Ratio Historical Data

* Premium members only.

The historical data trend for BingEx'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.

BingEx Quick Ratio Chart

BingEx Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 1.58 1.24 1.41 1.87 2.35

BingEx Quarterly Data
Dec19 Mar20 Dec20 Mar21 Dec21 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 2.15 2.21 2.28 2.35 2.38

FLX vs PAL, CRGO, SFWL: Quick Ratio Comparison

For the Integrated Freight & Logistics subindustry, BingEx'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.


BingEx Quick Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, BingEx's Quick Ratio distribution charts can be found below:

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


FLX
28GF Score
BingEx Ltd FLX
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BingEx 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.

BingEx'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
=(146.803-0)/62.493
=2.35

BingEx'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
=(134.283-0)/56.453
=2.38

* 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 2.38 mean?
BingEx (FLX) has a Quick Ratio of 2.38 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on BingEx and its competitors. This is 51% above median its historical median of 1.58. Over the past decade, BingEx's Quick Ratio has ranged from 0.76 to 2.38. According to the industry distribution chart, BingEx ranks #221 out of 1007 companies in the Transportation industry, placing it in the top 21.9%.
Is BingEx's Quick Ratio too high?
BingEx's current Quick Ratio of 2.38 is 51% above median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 2.38. The Transportation industry median Quick Ratio is 1.35. BingEx's value of 2.38 is 76.3% above this industry median. Based on the distribution chart, BingEx ranks #221 out of 1007 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, BingEx has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does BingEx's Quick Ratio compare to PAL and CRGO?
According to the Transportation industry distribution chart, BingEx ranks #221 out of 1007 companies for Quick Ratio. This places BingEx in the top 22% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.35. BingEx's value of 2.38 is 76.3% above this benchmark. Historically, BingEx's own Quick Ratio has ranged from 0.76 to 2.38 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 1.35, BingEx 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 Transportation company?
The median Quick Ratio among Transportation companies is 1.35, based on 1,007 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. BingEx's current Quick Ratio of 2.38 is 76.3% 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 BingEx and its competitors. For the Transportation industry, the median Quick Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BingEx's current Quick Ratio is 2.38, which is 51% above median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BingEx stock overvalued right now?
BingEx (FLX) has a current Quick Ratio of 2.38. The current Quick Ratio is 2.38, which is 51% above median its 10-year median of 1.58 and 76.3% above the Transportation industry median of 1.35. BingEx's overall GF Score™ is 28/100 with 4 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 BingEx (FLX), the current Quick Ratio is 2.38 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.

BingEx Business Description

Address No.1 Yongtaizhuang North Road, Zhongguancun Dongsheng International Science Park, Haidian District, Beijing, CHN, 100192
BingEx Ltd provides on-demand dedicated courier services for individual and business customers with superior time certainty, delivery safety, mobile platform, Mini-Programs, website, API-connected third-party systems, and service quality. The company brands its services as FlashEx, which means delivery in a flash. The Group's principal operations and geographic markets are in the People's Republic of China.
28GF Score

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