Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Austrax HoldingsHKSE:02680 -2.70%69 Quick Ratio is 2.91 as of Feb. 2026, which is 2% below its 10-year median of 2.98. GuruFocus rates HKSE:02680 with a GF Score™ of 69/100 and a GF Value™ of HK$2.05 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 693 Capital Markets companies, Austrax Holdings ranks better than 59.31% on this metric.
Austrax Holdings (HKSE:02680) 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.
Austrax Holdings Quick Ratio Related Terms
Austrax Holdings Quick Ratio Historical Data
* Premium members only.
The historical data trend for Austrax 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.
HKSE:02680 vs MS, GS, SCHW: Quick Ratio Comparison
For the Capital Markets subindustry, Austrax 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.
Austrax Holdings Quick Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Austrax Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Austrax Holdings'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.
Austrax Holdings's Quick Ratio for the fiscal year that ended in Feb. 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.
Austrax Holdings (HKSE:02680) has a Quick Ratio of 2.91 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Austrax Holdings and its competitors. This is near median its historical median of 2.98. Over the past decade, Austrax Holdings' Quick Ratio has ranged from 1.37 to 5.63. According to the industry distribution chart, Austrax Holdings ranks #282 out of 693 companies in the Capital Markets industry, placing it in the top 40.7%.
Is Austrax Holdings' Quick Ratio too high?
Austrax Holdings' current Quick Ratio of 2.91 is near median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 5.63. The Capital Markets industry median Quick Ratio is 2.08. Austrax Holdings' value of 2.91 is 39.9% above this industry median. Based on the distribution chart, Austrax Holdings ranks #282 out of 693 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Austrax Holdings has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Austrax Holdings' Quick Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Austrax Holdings ranks #282 out of 693 companies for Quick Ratio. This puts Austrax Holdings in the upper half of its industry. The industry median Quick Ratio is 2.08. Austrax Holdings' value of 2.91 is 39.9% above this benchmark. Historically, Austrax Holdings' own Quick Ratio has ranged from 1.37 to 5.63 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 2.08, Austrax 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 a Capital Markets company?
The median Quick Ratio among Capital Markets companies is 2.08, based on 693 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. Austrax Holdings's current Quick Ratio of 2.91 is 39.9% 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 Austrax Holdings and its competitors. For the Capital Markets industry, the median Quick Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Austrax Holdings's current Quick Ratio is 2.91, which is near median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Austrax Holdings stock overvalued right now?
Based on GuruFocus' analysis, Austrax Holdings (HKSE:02680) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$2.05, compared to a current price of HK$7.20 — trading 251.2% above its estimated fair value. The current Quick Ratio is 2.91, which is near median its 10-year median of 2.98 and 39.9% above the Capital Markets industry median of 2.08. Austrax Holdings' overall GF Score™ is 69/100 with 2 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 Austrax Holdings (HKSE:02680), the current Quick Ratio is 2.91 as of Feb. 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 Austrax Holdings (HKSE:02680) Overvalued in 2026?
Based on GuruFocus' analysis, Austrax Holdings stock appears to be overvalued.
The current stock price of HK$7.20 is trading 251.2% above its estimated GF Value™ of HK$2.05.
GuruFocus considers Austrax Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:02680:
Quick Ratio: 2.91 (near median its 10-year median of 2.98)
GF Value™: HK$2.05 vs. price of HK$7.20 (251.2% above fair value)
Industry Position: 39.9% above the Capital Markets median (#282 of 693)
No single metric tells the full story. See the HKSE:02680 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovax Holdings Ltd is a financial and securities service provider in Hong Kong. The services offered by the group include corporate finance advisory services, placing and underwriting services, securities dealing and brokerage services, securities financing services, asset management services, and money lending services. The services are offered to retail and corporate clients.
69GF Score
Get the complete analysis for HKSE:02680
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:02680 has been successfully added to your 
