Hong Kong Exchanges and Clearing has a quick ratio of 1.05. It generally indicates good short-term financial strength.
The historical rank and industry rank for Hong Kong Exchanges and Clearing's Quick Ratio or its related term are showing as below:
HKXCF'
s Quick Ratio Range Over the Past 10 Years
Min: 1.05 Med: 1.08 Max: 1.13
Current: 1.05
During the past 13 years, Hong Kong Exchanges and Clearing's highest Quick Ratio was 1.13. The lowest was 1.05. And the median was 1.08.
HKXCF's Quick Ratio is ranked worse than 82.03% of 690
companies
in the Capital Markets industry
Industry Median: 2.1
vs HKXCF: 1.05
Hong Kong Exchanges and Clearing (OTCPK:HKXCF) 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.
Hong Kong Exchanges and Clearing Quick Ratio Related Terms
Hong Kong Exchanges and Clearing Quick Ratio Historical Data
* 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.
Hong Kong Exchanges and Clearing Quick Ratio Chart
For the Financial Data & Stock Exchanges subindustry, Hong Kong Exchanges and Clearing'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.
Hong Kong Exchanges and Clearing Quick Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Hong Kong Exchanges and Clearing's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Hong Kong Exchanges and Clearing's Quick Ratio falls into.
Hong Kong Exchanges and Clearing 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.
* 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.
Hong Kong Exchanges and Clearing (HKXCF) has a Quick Ratio of 1.05 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hong Kong Exchanges and Clearing and its competitors. This is near median its historical median of 1.08. Over the past decade, Hong Kong Exchanges and Clearing's Quick Ratio has ranged from 1.05 to 1.13. According to the industry distribution chart, Hong Kong Exchanges and Clearing ranks #566 out of 690 companies in the Capital Markets industry, placing it in the top 82%.
Is Hong Kong Exchanges and Clearing's Quick Ratio too high?
Hong Kong Exchanges and Clearing's current Quick Ratio of 1.05 is near median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 1.13. The Capital Markets industry median Quick Ratio is 2.10. Hong Kong Exchanges and Clearing's value of 1.05 is 50% below this industry median. Based on the distribution chart, Hong Kong Exchanges and Clearing ranks #566 out of 690 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Hong Kong Exchanges and Clearing has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Exchanges and Clearing's Quick Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Hong Kong Exchanges and Clearing ranks #566 out of 690 companies for Quick Ratio. This places Hong Kong Exchanges and Clearing in the lower half of its industry. The industry median Quick Ratio is 2.10. Hong Kong Exchanges and Clearing's value of 1.05 is 50% below this benchmark. Historically, Hong Kong Exchanges and Clearing's own Quick Ratio has ranged from 1.05 to 1.13 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 2.10, Hong Kong Exchanges and Clearing 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 Capital Markets company?
The median Quick Ratio among Capital Markets companies is 2.10, based on 690 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. Hong Kong Exchanges and Clearing's current Quick Ratio of 1.05 is 50% 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 Hong Kong Exchanges and Clearing and its competitors. For the Capital Markets industry, the median Quick Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Kong Exchanges and Clearing's current Quick Ratio is 1.05, which is near median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong Exchanges and Clearing stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong Exchanges and Clearing (HKXCF) is currently considered Modestly Undervalued. The stock's GF Value™ is $62.77, compared to a current price of $48.50 — trading 22.7% below its estimated fair value. The current Quick Ratio is 1.05, which is near median its 10-year median of 1.08 and 50% below the Capital Markets industry median of 2.10. Hong Kong Exchanges and Clearing's overall GF Score™ is 89/100 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 Hong Kong Exchanges and Clearing (HKXCF), the current Quick Ratio is 1.05 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 Hong Kong Exchanges and Clearing (HKXCF) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Kong Exchanges and Clearing stock appears to be undervalued.
The current stock price of $48.50 is trading 22.7% below its estimated GF Value™ of $62.77.
GuruFocus considers Hong Kong Exchanges and Clearing to be Modestly Undervalued.
Key valuation signals for HKXCF:
Quick Ratio: 1.05 (near median its 10-year median of 1.08)
GF Value™: $62.77 vs. price of $48.50 (22.7% below fair value)
Industry Position: 50% below the Capital Markets median (#566 of 690)
No single metric tells the full story. See the HKXCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Kong Exchanges and Clearing Business Description
Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEx, like Hong Kong itself, functions as a gateway between China and the rest of the world. HKEx serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
89GF Score
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