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ROCO:3252's Quick Ratio is ranked worse than 75.88% of 854
companies
in the Travel & Leisure industry
Industry Median: 1.15
vs ROCO:3252: 0.62
Haewan International Development Co (ROCO:3252) 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.
Haewan International Development Co Quick Ratio Related Terms
Haewan International Development Co 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.
Haewan International Development Co Quick Ratio Chart
ROCO:3252 vs LVS, MGM, WYNN: Quick Ratio Comparison
For the Resorts & Casinos subindustry, Haewan International Development Co'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.
Haewan International Development Co Quick Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Haewan International Development Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Haewan International Development Co's Quick Ratio falls into.
Haewan International Development Co 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.
Haewan International Development Co (ROCO:3252) has a Quick Ratio of 0.62 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Haewan International Development Co and its competitors. This is 17% above median its historical median of 0.53. Over the past decade, Haewan International Development Co's Quick Ratio has ranged from 0.12 to 0.88. According to the industry distribution chart, Haewan International Development Co ranks #648 out of 854 companies in the Travel & Leisure industry, placing it in the top 75.9%.
Is Haewan International Development Co's Quick Ratio too high?
Haewan International Development Co's current Quick Ratio of 0.62 is 17% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.88. The Travel & Leisure industry median Quick Ratio is 1.15. Haewan International Development Co's value of 0.62 is 46.1% below this industry median. Based on the distribution chart, Haewan International Development Co ranks #648 out of 854 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Haewan International Development Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Haewan International Development Co's Quick Ratio compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Haewan International Development Co ranks #648 out of 854 companies for Quick Ratio. This places Haewan International Development Co in the lower half of its industry. The industry median Quick Ratio is 1.15. Haewan International Development Co's value of 0.62 is 46.1% below this benchmark. Historically, Haewan International Development Co's own Quick Ratio has ranged from 0.12 to 0.88 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.15, Haewan International Development Co 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 Travel & Leisure company?
The median Quick Ratio among Travel & Leisure companies is 1.15, based on 854 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. Haewan International Development Co's current Quick Ratio of 0.62 is 46.1% 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 Haewan International Development Co and its competitors. For the Travel & Leisure industry, the median Quick Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haewan International Development Co's current Quick Ratio is 0.62, which is 17% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haewan International Development Co stock overvalued right now?
Based on GuruFocus' analysis, Haewan International Development Co (ROCO:3252) is currently considered Fairly Valued. The stock's GF Value™ is NT$18.60, compared to a current price of NT$17.35 — trading 6.7% below its estimated fair value. The current Quick Ratio is 0.62, which is 17% above median its 10-year median of 0.53 and 46.1% below the Travel & Leisure industry median of 1.15. Haewan International Development Co's overall GF Score™ is 69/100 with 7 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 Haewan International Development Co (ROCO:3252), the current Quick Ratio is 0.62 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.
Is Haewan International Development Co (ROCO:3252) Overvalued in 2026?
Based on GuruFocus' analysis, Haewan International Development Co stock appears to be undervalued.
The current stock price of NT$17.35 is trading 6.7% below its estimated GF Value™ of NT$18.60.
GuruFocus considers Haewan International Development Co to be Fairly Valued.
Key valuation signals for ROCO:3252:
Quick Ratio: 0.62 (17% above median its 10-year median of 0.53)
GF Value™: NT$18.60 vs. price of NT$17.35 (6.7% below fair value)
Industry Position: 46.1% below the Travel & Leisure median (#648 of 854)
No single metric tells the full story. See the ROCO:3252 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Haewan International Development Co Business Description
Haewan International Development Co Ltd develops a residential property and operates hotels in Taiwan. The company's main business projects include (1) General hotel industry. (2) Residential and building development and leasing industry. (3) Real estate trading industry.
69GF Score
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