TS Lines (HKSE:02510) Quick Ratio: 2.60 (As of Dec. 2025) — Near Median

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HKSE:02510 TS Lines Ltd HKSE:02510
20 GF Score
Price HK$13.52
! 8 Warning Signs
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What is TS Lines Quick Ratio?

TS Lines HKSE:02510 +5.62% 20 Quick Ratio is 2.60 as of Dec. 2025, which is 6% below its 10-year median of 2.78. GuruFocus rates HKSE:02510 with a GF Score™ of 20/100. The stock has 8 warning signs investors should review. Among 1,010 Transportation companies, TS Lines ranks better than 68.42% 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. TS Lines's quick ratio for the quarter that ended in Dec. 2025 was 2.60.

TS Lines has a quick ratio of 2.60. It generally indicates good short-term financial strength.

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

HKSE:02510' s Quick Ratio Range Over the Past 10 Years
Min: 1.83   Med: 2.78   Max: 3.71
Current: 1.83

During the past 5 years, TS Lines's highest Quick Ratio was 3.71. The lowest was 1.83. And the median was 2.78.

HKSE:02510's Quick Ratio is ranked better than
68.42% of 1010 companies
in the Transportation industry
Industry Median: 1.33 vs HKSE:02510: 1.83

TS Lines  (HKSE:02510) 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.


TS Lines Quick Ratio Related Terms


TS Lines Quick Ratio Historical Data

* Premium members only.

The historical data trend for TS Lines'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.

TS Lines Quick Ratio Chart

TS Lines Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
2.78 3.71 3.11 2.41 2.60

TS Lines Semi-Annual Data
Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Quick Ratio Get a 7-Day Free Trial 0.00 2.41 1.74 2.60 1.83

TS Lines Quick Ratio Competitor Comparison

For the Marine Shipping subindustry, TS Lines'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.


TS Lines Quick Ratio vs Transportation Industry

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

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


HKSE:02510
20GF Score
TS Lines Ltd HKSE:02510
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TS Lines 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.

TS Lines'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
=(4910.385-154.48)/1828.356
=2.60

TS Lines's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4910.385-154.48)/1828.356
=2.60

* 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 2.60 mean?
TS Lines (HKSE:02510) has a Quick Ratio of 2.60 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TS Lines and its competitors. This is near median its historical median of 2.78. Over the past decade, TS Lines' Quick Ratio has ranged from 1.83 to 3.71. According to the industry distribution chart, TS Lines ranks #319 out of 1010 companies in the Transportation industry, placing it in the top 31.6%.
Is TS Lines' Quick Ratio too high?
TS Lines' current Quick Ratio of 2.60 is near median its 10-year median of 2.78. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 3.71. The Transportation industry median Quick Ratio is 1.33. TS Lines' value of 2.60 is 95.5% above this industry median. Based on the distribution chart, TS Lines ranks #319 out of 1010 companies in the Transportation industry, which is above the industry midpoint. Overall, TS Lines has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does TS Lines' Quick Ratio compare to competitors?
According to the Transportation industry distribution chart, TS Lines ranks #319 out of 1010 companies for Quick Ratio. This puts TS Lines in the upper half of its industry. The industry median Quick Ratio is 1.33. TS Lines' value of 2.60 is 95.5% above this benchmark. Historically, TS Lines' own Quick Ratio has ranged from 1.83 to 3.71 over the past decade. While the company's 10-year median is 2.78 vs. the industry median of 1.33, TS Lines 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 1.33, based on 1,010 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. TS Lines's current Quick Ratio of 2.60 is 95.5% 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 TS Lines and its competitors. For the Transportation industry, the median Quick Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TS Lines's current Quick Ratio is 2.60, which is near median its own 10-year median of 2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TS Lines stock overvalued right now?
TS Lines (HKSE:02510) has a current Quick Ratio of 2.60. The current Quick Ratio is 2.60, which is near median its 10-year median of 2.78 and 95.5% above the Transportation industry median of 1.33. TS Lines' overall GF Score™ is 20/100 with 8 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 TS Lines (HKSE:02510), the current Quick Ratio is 2.60 as of Dec. 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.

TS Lines Business Description

Address Tun-Hwa North Road, No. 167, 6th Floor, Songshan District, Taipei, TWN, 105
TS Lines Ltd is a container shipping company focused on the Asia region. Its fleet consists of both owned and chartered vessels, focusing on high-frequency short-haul services originating from Asia. The Group generates maximum revenue from the provision of container shipping services, and also generates some income from other related services comprising slottage revenue, demurrage, and detention income. Geographically, it generates maximum revenue from the Chinese Mainland, and the rest from Hong Kong Special Administrative Region, Taiwan, Japan, Australia, the Philippines, Thailand, India, and other countries.
20GF Score

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HK$13.52
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