SoftMedX Healthcare (HKSE:00648) Quick Ratio: 2.40 (As of Jun. 2026) — 1233% Above Median

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HKSE:00648 SoftMedX Healthcare Ltd HKSE:00648
54 GF Score
Price HK$0.57
GF Value HK$2.52
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is SoftMedX Healthcare Quick Ratio?

SoftMedX Healthcare HKSE:00648 +0.88% 54 Quick Ratio is 2.40 as of Jun. 2026, which is 1233% above its 10-year median of 0.18. GuruFocus rates HKSE:00648 with a GF Score™ of 54/100 and a GF Value™ of HK$2.52 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 684 Healthcare Providers & Services companies, SoftMedX Healthcare ranks better than 73.83% 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. SoftMedX Healthcare's quick ratio for the quarter that ended in Jun. 2026 was 2.40.

SoftMedX Healthcare has a quick ratio of 2.40. It generally indicates good short-term financial strength.

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

HKSE:00648' s Quick Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.18   Max: 2.4
Current: 2.4

During the past 13 years, SoftMedX Healthcare's highest Quick Ratio was 2.40. The lowest was 0.04. And the median was 0.18.

HKSE:00648's Quick Ratio is ranked better than
73.83% of 684 companies
in the Healthcare Providers & Services industry
Industry Median: 1.28 vs HKSE:00648: 2.40

SoftMedX Healthcare  (HKSE:00648) 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.


SoftMedX Healthcare Quick Ratio Related Terms


SoftMedX Healthcare Quick Ratio Historical Data

* Premium members only.

The historical data trend for SoftMedX Healthcare'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.

SoftMedX Healthcare Quick Ratio Chart

SoftMedX Healthcare 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 0.05 0.05 0.09 0.87 2.03

SoftMedX Healthcare Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.08 0.87 0.92 2.03 2.40

HKSE:00648 vs HCA, THC, DVA: Quick Ratio Comparison

For the Medical Care Facilities subindustry, SoftMedX Healthcare'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.


SoftMedX Healthcare Quick Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, SoftMedX Healthcare's Quick Ratio distribution charts can be found below:

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


HKSE:00648
54GF Score
SoftMedX Healthcare Ltd HKSE:00648
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SoftMedX Healthcare 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.

SoftMedX Healthcare'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
=(48.062-5.438)/21.004
=2.03

SoftMedX Healthcare's Quick Ratio for the quarter that ended in Jun. 2026 is calculated as

Quick Ratio (Q: Jun. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(52.37-2.233)/20.934
=2.40

* 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 2.40 mean?
SoftMedX Healthcare (HKSE:00648) has a Quick Ratio of 2.40 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on SoftMedX Healthcare and its competitors. This is 1233% above median its historical median of 0.18. Over the past decade, SoftMedX Healthcare's Quick Ratio has ranged from 0.04 to 2.40. According to the industry distribution chart, SoftMedX Healthcare ranks #179 out of 684 companies in the Healthcare Providers & Services industry, placing it in the top 26.2%.
Is SoftMedX Healthcare's Quick Ratio too high?
SoftMedX Healthcare's current Quick Ratio of 2.40 is 1233% above median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 2.40. The Healthcare Providers & Services industry median Quick Ratio is 1.28. SoftMedX Healthcare's value of 2.40 is 87.5% above this industry median. Based on the distribution chart, SoftMedX Healthcare ranks #179 out of 684 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, SoftMedX Healthcare has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SoftMedX Healthcare's Quick Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, SoftMedX Healthcare ranks #179 out of 684 companies for Quick Ratio. This puts SoftMedX Healthcare in the upper half of its industry. The industry median Quick Ratio is 1.28. SoftMedX Healthcare's value of 2.40 is 87.5% above this benchmark. Historically, SoftMedX Healthcare's own Quick Ratio has ranged from 0.04 to 2.40 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 1.28, SoftMedX Healthcare 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 Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.28, based on 684 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. SoftMedX Healthcare's current Quick Ratio of 2.40 is 87.5% 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 SoftMedX Healthcare and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SoftMedX Healthcare's current Quick Ratio is 2.40, which is 1233% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SoftMedX Healthcare stock overvalued right now?
Based on GuruFocus' analysis, SoftMedX Healthcare (HKSE:00648) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.52, compared to a current price of HK$0.57 — trading 77.4% below its estimated fair value. The current Quick Ratio is 2.40, which is 1233% above median its 10-year median of 0.18 and 87.5% above the Healthcare Providers & Services industry median of 1.28. SoftMedX Healthcare's overall GF Score™ is 54/100 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 SoftMedX Healthcare (HKSE:00648), the current Quick Ratio is 2.40 as of Jun. 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 SoftMedX Healthcare (HKSE:00648) Overvalued in 2026?

Based on GuruFocus' analysis, SoftMedX Healthcare stock appears to be undervalued. The current stock price of HK$0.57 is trading 77.4% below its estimated GF Value™ of HK$2.52. GuruFocus considers SoftMedX Healthcare to be Possible Value Trap.

Key valuation signals for HKSE:00648:

  • Quick Ratio: 2.40 (1233% above median its 10-year median of 0.18)
  • GF Value™: HK$2.52 vs. price of HK$0.57 (77.4% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 87.5% above the Healthcare Providers & Services median (#179 of 684)

No single metric tells the full story. See the HKSE:00648 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SoftMedX Healthcare Business Description

Address 8-12 Hennessy Road, 8th Floor, China Hong Kong Tower, Wanchai, Hong Kong, HKG
SoftMedX Healthcare Ltd is principally engaged in the distribution of medical and healthcare equipment and products. The Group has one reportable operating segment: medical and well-being business, for the Distribution of medical and healthcare equipment and products.
54GF Score

Get the complete analysis for HKSE:00648

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.57
Price
HK$2.52
GF Value