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Ares AsiaHKSE:00645 -5.78%40 Quick Ratio is 8.52 as of Mar. 2026, which is 404% above its 10-year median of 1.69. GuruFocus rates HKSE:00645 with a GF Score™ of 40/100 and a GF Value™ of HK$0.01 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 186 Other Energy Sources companies, Ares Asia ranks better than 84.41% 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. Ares Asia's quick ratio for the quarter that ended in Mar. 2026 was 8.52.
Ares Asia has a quick ratio of 8.52. It generally indicates good short-term financial strength.
The historical rank and industry rank for Ares Asia's Quick Ratio or its related term are showing as below:
HKSE:00645'
s Quick Ratio Range Over the Past 10 Years
Min: 1.15 Med: 1.69 Max: 10.05
Current: 8.52
During the past 13 years, Ares Asia's highest Quick Ratio was 10.05. The lowest was 1.15. And the median was 1.69.
HKSE:00645's Quick Ratio is ranked better than 84.41% of 186
companies
in the Other Energy Sources industry
Industry Median: 1.555
vs HKSE:00645: 8.52
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.
Ares Asia Quick Ratio Related Terms
Ares Asia Quick Ratio Historical Data
* Premium members only.
The historical data trend for Ares Asia'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.
For the Thermal Coal subindustry, Ares Asia'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.
Ares Asia Quick Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Ares Asia's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Ares Asia'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.
Ares Asia's Quick Ratio for the fiscal year that ended in Mar. 2026 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.
Ares Asia (HKSE:00645) has a Quick Ratio of 8.52 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ares Asia and its competitors. This is 404% above median its historical median of 1.69. Over the past decade, Ares Asia's Quick Ratio has ranged from 1.15 to 10.05. According to the industry distribution chart, Ares Asia ranks #29 out of 186 companies in the Other Energy Sources industry, placing it in the top 15.6%.
Is Ares Asia's Quick Ratio too high?
Ares Asia's current Quick Ratio of 8.52 is 404% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 10.05. The Other Energy Sources industry median Quick Ratio is 1.56. Ares Asia's value of 8.52 is 447.9% above this industry median. Based on the distribution chart, Ares Asia ranks #29 out of 186 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Ares Asia has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ares Asia's Quick Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, Ares Asia ranks #29 out of 186 companies for Quick Ratio. This places Ares Asia in the top 16% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.56. Ares Asia's value of 8.52 is 447.9% above this benchmark. Historically, Ares Asia's own Quick Ratio has ranged from 1.15 to 10.05 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 1.56, Ares Asia 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 Other Energy Sources company?
The median Quick Ratio among Other Energy Sources companies is 1.56, based on 186 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. Ares Asia's current Quick Ratio of 8.52 is 447.9% 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 Ares Asia and its competitors. For the Other Energy Sources industry, the median Quick Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ares Asia's current Quick Ratio is 8.52, which is 404% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares Asia stock overvalued right now?
Based on GuruFocus' analysis, Ares Asia (HKSE:00645) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.01, compared to a current price of HK$0.16 — trading 1530% above its estimated fair value. The current Quick Ratio is 8.52, which is 404% above median its 10-year median of 1.69 and 447.9% above the Other Energy Sources industry median of 1.56. Ares Asia's overall GF Score™ is 40/100 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 Ares Asia (HKSE:00645), the current Quick Ratio is 8.52 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 Ares Asia (HKSE:00645) Overvalued in 2026?
Based on GuruFocus' analysis, Ares Asia stock appears to be overvalued.
The current stock price of HK$0.16 is trading 1530% above its estimated GF Value™ of HK$0.01.
GuruFocus considers Ares Asia to be Significantly Overvalued.
Key valuation signals for HKSE:00645:
Quick Ratio: 8.52 (404% above median its 10-year median of 1.69)
GF Value™: HK$0.01 vs. price of HK$0.16 (1530% above fair value)
Industry Position: 447.9% above the Other Energy Sources median (#29 of 186)
No single metric tells the full story. See the HKSE:00645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ares Asia Ltd is an investment holding company. The group is principally engaged in the business of coal trading, entailing the selling of coal purchased from various countries to Mainland China and other commodities trading, which encompasses supply chain management and risk management service. Its business falls under the primary segment of Coal and other trading. Geographically, the group has a business presence in Mainland China, Hong Kong, and other countries, of which maximum revenue is derived from Mainland China.
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