Strong Petrochemical Holdings has a quick ratio of 1.33. It generally indicates good short-term financial strength.
The historical rank and industry rank for Strong Petrochemical Holdings's Quick Ratio or its related term are showing as below:
FRA:K20A'
s Quick Ratio Range Over the Past 10 Years
Min: 0.97 Med: 1.71 Max: 12.16
Current: 1.33
During the past 13 years, Strong Petrochemical Holdings's highest Quick Ratio was 12.16. The lowest was 0.97. And the median was 1.71.
FRA:K20A's Quick Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.12
vs FRA:K20A: 1.33
Strong Petrochemical Holdings (FRA:K20A) 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.
Strong Petrochemical Holdings Quick Ratio Related Terms
Strong Petrochemical Holdings Quick Ratio Historical Data
* 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.
For the Oil & Gas Refining & Marketing subindustry, Strong Petrochemical 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.
Strong Petrochemical Holdings Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Strong Petrochemical Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Strong Petrochemical Holdings's Quick Ratio falls into.
Strong Petrochemical 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.
* 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.
Strong Petrochemical Holdings (FRA:K20A) has a Quick Ratio of 1.33 as of Jun. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Strong Petrochemical Holdings and its competitors. This is 22% below median its historical median of 1.71. Over the past decade, Strong Petrochemical Holdings' Quick Ratio has ranged from 0.97 to 12.16.
Is Strong Petrochemical Holdings' Quick Ratio too high?
Strong Petrochemical Holdings' current Quick Ratio of 1.33 is 22% below median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 12.16. The Oil & Gas industry median Quick Ratio is 1.12. Strong Petrochemical Holdings' value of 1.33 is 18.8% above this industry median. Overall, Strong Petrochemical Holdings has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Strong Petrochemical Holdings' Quick Ratio compare to PSX and MPC?
Strong Petrochemical Holdings' Quick Ratio of 1.33 can be compared against companies in the Oil & Gas industry. The industry median Quick Ratio is 1.12. Strong Petrochemical Holdings' value of 1.33 is 18.8% above this benchmark. Historically, Strong Petrochemical Holdings' own Quick Ratio has ranged from 0.97 to 12.16 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 1.12, Strong Petrochemical Holdings 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 Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,014 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. Strong Petrochemical Holdings's current Quick Ratio of 1.33 is 18.8% 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 Strong Petrochemical Holdings and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Strong Petrochemical Holdings's current Quick Ratio is 1.33, which is 22% below median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strong Petrochemical Holdings stock overvalued right now?
Strong Petrochemical Holdings (FRA:K20A) has a current Quick Ratio of 1.33. The current Quick Ratio is 1.33, which is 22% below median its 10-year median of 1.71 and 18.8% above the Oil & Gas industry median of 1.12. Strong Petrochemical Holdings' overall GF Score™ is 41/100 with 5 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 Strong Petrochemical Holdings (FRA:K20A), the current Quick Ratio is 1.33 as of Jun. 2025. 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.
Strong Petrochemical Holdings Business Description
Strong Petrochemical Holdings Ltd is a Hong Kong-based company engaged in the trading of Coal, crude oil, petroleum products, Storage, and petrochemicals. Its segments include the Trading business and Storage business. The Trading business segment includes trading of commodities including crude oil, petroleum products, petrochemicals, coal, and iron ore. The Storage business segment includes the provision of general storage and other ancillary services concerning petroleum products and petrochemicals. The majority of the firm's revenue comes from the People's Republic of China.
41GF Score
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