SingAsia Holdings (HKSE:08293) Quick Ratio: 1.29 (As of Jan. 2026) — Near Median

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HKSE:08293 SingAsia Holdings Ltd HKSE:08293
35 GF Score
Price HK$0.10
GF Value HK$0.03
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is SingAsia Holdings Quick Ratio?

SingAsia Holdings HKSE:08293 -6.31% 35 Quick Ratio is 1.29 as of Jan. 2026, which is 7% below its 10-year median of 1.38. GuruFocus rates HKSE:08293 with a GF Score™ of 35/100 and a GF Value™ of HK$0.03 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,091 Business Services companies, SingAsia Holdings ranks worse than 64.71% 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. SingAsia Holdings's quick ratio for the quarter that ended in Jan. 2026 was 1.29.

SingAsia Holdings has a quick ratio of 1.29. It generally indicates good short-term financial strength.

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

HKSE:08293' s Quick Ratio Range Over the Past 10 Years
Min: 1.09   Med: 1.38   Max: 5.11
Current: 1.29

During the past 12 years, SingAsia Holdings's highest Quick Ratio was 5.11. The lowest was 1.09. And the median was 1.38.

HKSE:08293's Quick Ratio is ranked worse than
64.71% of 1091 companies
in the Business Services industry
Industry Median: 1.67 vs HKSE:08293: 1.29

SingAsia Holdings  (HKSE:08293) 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.


SingAsia Holdings Quick Ratio Related Terms


SingAsia Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for SingAsia 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.

SingAsia Holdings Quick Ratio Chart

SingAsia Holdings Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 1.10 1.28 1.41 1.15

SingAsia Holdings Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 1.14 1.41 1.11 1.15 1.29

HKSE:08293 vs KFY, RHI, TNET: Quick Ratio Comparison

For the Staffing & Employment Services subindustry, SingAsia 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.


SingAsia Holdings Quick Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, SingAsia Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where SingAsia Holdings's Quick Ratio falls into.


HKSE:08293
35GF Score
SingAsia Holdings Ltd HKSE:08293
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SingAsia 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.

SingAsia Holdings's Quick Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Quick Ratio (A: Jul. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(39.306-0)/34.143
=1.15

SingAsia Holdings's Quick Ratio for the quarter that ended in Jan. 2026 is calculated as

Quick Ratio (Q: Jan. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(37.182-0)/28.927
=1.29

* 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 1.29 mean?
SingAsia Holdings (HKSE:08293) has a Quick Ratio of 1.29 as of Jan. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on SingAsia Holdings and its competitors. This is near median its historical median of 1.38. Over the past decade, SingAsia Holdings' Quick Ratio has ranged from 1.09 to 5.11. According to the industry distribution chart, SingAsia Holdings ranks #706 out of 1091 companies in the Business Services industry, placing it in the top 64.7%.
Is SingAsia Holdings' Quick Ratio too high?
SingAsia Holdings' current Quick Ratio of 1.29 is near median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 5.11. The Business Services industry median Quick Ratio is 1.67. SingAsia Holdings' value of 1.29 is 22.8% below this industry median. Based on the distribution chart, SingAsia Holdings ranks #706 out of 1091 companies in the Business Services industry, which is below the industry midpoint. Overall, SingAsia Holdings has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SingAsia Holdings' Quick Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, SingAsia Holdings ranks #706 out of 1091 companies for Quick Ratio. This places SingAsia Holdings in the lower half of its industry. The industry median Quick Ratio is 1.67. SingAsia Holdings' value of 1.29 is 22.8% below this benchmark. Historically, SingAsia Holdings' own Quick Ratio has ranged from 1.09 to 5.11 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 1.67, SingAsia Holdings has consistently been below 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 Business Services company?
The median Quick Ratio among Business Services companies is 1.67, based on 1,091 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. SingAsia Holdings's current Quick Ratio of 1.29 is 22.8% below 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 SingAsia Holdings and its competitors. For the Business Services industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SingAsia Holdings's current Quick Ratio is 1.29, which is near median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SingAsia Holdings stock overvalued right now?
Based on GuruFocus' analysis, SingAsia Holdings (HKSE:08293) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.10 — trading 246.7% above its estimated fair value. The current Quick Ratio is 1.29, which is near median its 10-year median of 1.38 and 22.8% below the Business Services industry median of 1.67. SingAsia Holdings' overall GF Score™ is 35/100 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 SingAsia Holdings (HKSE:08293), the current Quick Ratio is 1.29 as of Jan. 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 SingAsia Holdings (HKSE:08293) Overvalued in 2026?

Based on GuruFocus' analysis, SingAsia Holdings stock appears to be overvalued. The current stock price of HK$0.10 is trading 246.7% above its estimated GF Value™ of HK$0.03. GuruFocus considers SingAsia Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:08293:

  • Quick Ratio: 1.29 (near median its 10-year median of 1.38)
  • GF Value™: HK$0.03 vs. price of HK$0.10 (246.7% above fair value)
  • GF Score™: 35/100 with 5 warning signs
  • Industry Position: 22.8% below the Business Services median (#706 of 1091)

No single metric tells the full story. See the HKSE:08293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SingAsia Holdings Business Description

Address 60 Paya Lebar Road, No. 12-29 Paya Lebar Square, Singapore, SGP, 409051
SingAsia Holdings Ltd provides specialised workforce solutions, offering manpower outsourcing and recruitment services in Singapore, and corporate development and training services in Hong Kong. The Group supports the hotel and resort, retail, food and beverage, and other sectors, including event organisers, facility management, and various industries across Singapore and Hong Kong. Revenue is generated from manpower outsourcing, recruitment, and corporate development and training services, with operations in both markets and maximum revenue from Singapore. The Group also acts as a one-stop workforce solutions provider, helping customers streamline operations through reliable staffing, HR support, and training services.
35GF Score

Get the complete analysis for HKSE:08293

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

HK$0.10
Price
HK$0.03
GF Value