The Place Holdings (FRA:95N) Quick Ratio: 7.18 (As of Dec. 2024)

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What is The Place Holdings Quick Ratio?

The Place Holdings FRA:95N Quick Ratio is 7.18 as of Dec. 2024.

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. The Place Holdings's quick ratio for the quarter that ended in Dec. 2024 was 7.18.

The Place Holdings has a quick ratio of 7.18. It generally indicates good short-term financial strength.

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

FRA:95N's Quick Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.445
* Ranked among companies with meaningful Quick Ratio only.

The Place Holdings  (FRA:95N) 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.


The Place Holdings Quick Ratio Related Terms


The Place Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for The Place Holdings'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.

The Place Holdings Quick Ratio Chart

The Place Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.59 3.62 1.32 7.24 7.18

The Place Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1.32 1.28 7.24 7.57 7.18

FRA:95N vs APP, OMC, TTD: Quick Ratio Comparison

For the Advertising Agencies subindustry, The Place Holdings'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.


The Place Holdings Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, The Place Holdings's Quick Ratio distribution charts can be found below:

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



The Place Holdings 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.

The Place Holdings's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(49.043-17.059)/4.453
=7.18

The Place Holdings's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(49.043-17.059)/4.453
=7.18

* 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 7.18 mean?
The Place Holdings (FRA:95N) has a Quick Ratio of 7.18 as of Dec. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on The Place Holdings and its competitors.
Is The Place Holdings' Quick Ratio too high?
The Place Holdings' current Quick Ratio is 7.18. The Media - Diversified industry median Quick Ratio is 1.45. The Place Holdings' value of 7.18 is 396.9% above this industry median.
How does The Place Holdings' Quick Ratio compare to APP and OMC?
The Place Holdings' Quick Ratio of 7.18 can be compared against companies in the Media - Diversified industry. The industry median Quick Ratio is 1.45. The Place Holdings' value of 7.18 is 396.9% above this benchmark. 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 Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.45, based on 1,026 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. The Place Holdings's current Quick Ratio of 7.18 is 396.9% 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 The Place Holdings and its competitors. For the Media - Diversified industry, the median Quick Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Place Holdings's current Quick Ratio is 7.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Place Holdings stock overvalued right now?
The Place Holdings (FRA:95N) has a current Quick Ratio of 7.18. The current Quick Ratio is 7.18 and 396.9% above the Media - Diversified industry median of 1.45. 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 The Place Holdings (FRA:95N), the current Quick Ratio is 7.18 as of Dec. 2024. 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.

The Place Holdings Business Description

Address 2 Central Boulevard West Tower, No. 10-03 IOI Central Boulevard Towers, Singapore, SGP, 018916
The Place Holdings Ltd is an investment holding company. The group's business model is to integrate traditional businesses with omnichannel strategies and digital solutions (such as new-retail solutions, last-mile logistics, immersive virtual reality technology, and enterprise intelligent connectivity) to harness new growth opportunities in the digital economy. The Group has established a business platform to create new value propositions within its three core business pillars: Integrated media-related businesses with management operation rights; Property development and property management activities; and Cultural tourism with a new retail business concept.