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Hiap Seng IndustriesSGX:1L2 +9.09% Quick Ratio is 5.53 as of Mar. 2026, which is 394% above its 10-year median of 1.12. The stock has 4 warning signs investors should review. Among 1,789 Construction companies, Hiap Seng Industries ranks better than 96.14% on this metric.
Hiap Seng Industries (SGX:1L2) 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.
Hiap Seng Industries Quick Ratio Related Terms
Hiap Seng Industries Quick Ratio Historical Data
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The historical data trend for Hiap Seng Industries'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.
For the Engineering & Construction subindustry, Hiap Seng Industries'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.
Hiap Seng Industries Quick Ratio vs Construction Industry
For the Construction industry and Industrials sector, Hiap Seng Industries's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Hiap Seng Industries'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.
Hiap Seng Industries's Quick Ratio for the fiscal year that ended in Mar. 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.
Hiap Seng Industries (SGX:1L2) has a Quick Ratio of 5.53 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hiap Seng Industries and its competitors. This is 394% above median its historical median of 1.12. Over the past decade, Hiap Seng Industries' Quick Ratio has ranged from 0.47 to 5.91. According to the industry distribution chart, Hiap Seng Industries ranks #69 out of 1789 companies in the Construction industry, placing it in the top 3.9%.
Is Hiap Seng Industries' Quick Ratio too high?
Hiap Seng Industries' current Quick Ratio of 5.53 is 394% above median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 5.91. The Construction industry median Quick Ratio is 1.29. Hiap Seng Industries' value of 5.53 is 328.7% above this industry median. Based on the distribution chart, Hiap Seng Industries ranks #69 out of 1789 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Hiap Seng Industries' Quick Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Hiap Seng Industries ranks #69 out of 1789 companies for Quick Ratio. This places Hiap Seng Industries in the top 4% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.29. Hiap Seng Industries' value of 5.53 is 328.7% above this benchmark. Historically, Hiap Seng Industries' own Quick Ratio has ranged from 0.47 to 5.91 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.29, Hiap Seng Industries 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 Construction company?
The median Quick Ratio among Construction companies is 1.29, based on 1,789 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. Hiap Seng Industries's current Quick Ratio of 5.53 is 328.7% 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 Hiap Seng Industries and its competitors. For the Construction industry, the median Quick Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiap Seng Industries's current Quick Ratio is 5.53, which is 394% above median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiap Seng Industries stock overvalued right now?
Based on GuruFocus' analysis, Hiap Seng Industries (SGX:1L2) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.01, compared to a current price of S$0.01 — trading 20% above its estimated fair value. The current Quick Ratio is 5.53, which is 394% above median its 10-year median of 1.12 and 328.7% above the Construction industry median of 1.29. 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 Hiap Seng Industries (SGX:1L2), the current Quick Ratio is 5.53 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.
Hiap Seng Industries Ltd is engaged in the provision of building construction, engineering, procurement, construction and plant maintenance services for oil and gas and energy sectors and, the provision of process and industrial plant engineering and consultancy services. Its segment is Plant construction and maintenance segment. The company has operations in Singapore and United Arab Emirates with the majority of revenue from Singapore.
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