Vicplas International (SGX:569) Quick Ratio: 1.05 (As of Jan. 2026) — 38% Below Median

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What is Vicplas International Quick Ratio?

Vicplas International SGX:569 Quick Ratio is 1.05 as of Jan. 2026, which is 38% below its 10-year median of 1.70. The stock has 5 warning signs investors should review. Among 853 Medical Devices & Instruments companies, Vicplas International ranks worse than 75.03% 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. Vicplas International's quick ratio for the quarter that ended in Jan. 2026 was 1.05.

Vicplas International has a quick ratio of 1.05. It generally indicates good short-term financial strength.

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

SGX:569' s Quick Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.7   Max: 3.9
Current: 1.05

During the past 13 years, Vicplas International's highest Quick Ratio was 3.90. The lowest was 1.05. And the median was 1.70.

SGX:569's Quick Ratio is ranked worse than
75.03% of 853 companies
in the Medical Devices & Instruments industry
Industry Median: 1.89 vs SGX:569: 1.05

Vicplas International  (SGX:569) 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.


Vicplas International Quick Ratio Related Terms


Vicplas International Quick Ratio Historical Data

* Premium members only.

The historical data trend for Vicplas International'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.

Vicplas International Quick Ratio Chart

Vicplas International 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 2.14 1.51 1.84 1.19 1.09

Vicplas International 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 1.63 1.19 1.12 1.09 1.05

SGX:569 vs ABT, SYK, MDT: Quick Ratio Comparison

For the Medical Devices subindustry, Vicplas International'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.


Vicplas International Quick Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Vicplas International's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Vicplas International's Quick Ratio falls into.



Vicplas International 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.

Vicplas International'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
=(72.354-18.452)/49.444
=1.09

Vicplas International'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
=(71.79-16.652)/52.47
=1.05

* 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 1.05 mean?
Vicplas International (SGX:569) has a Quick Ratio of 1.05 as of Jan. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Vicplas International and its competitors. This is 38% below median its historical median of 1.70. Over the past decade, Vicplas International's Quick Ratio has ranged from 1.05 to 3.90. According to the industry distribution chart, Vicplas International ranks #640 out of 853 companies in the Medical Devices & Instruments industry, placing it in the top 75%.
Is Vicplas International's Quick Ratio too high?
Vicplas International's current Quick Ratio of 1.05 is 38% below median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 3.90. The Medical Devices & Instruments industry median Quick Ratio is 1.89. Vicplas International's value of 1.05 is 44.4% below this industry median. Based on the distribution chart, Vicplas International ranks #640 out of 853 companies in the Medical Devices & Instruments industry, which is below the industry midpoint.
How does Vicplas International's Quick Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Vicplas International ranks #640 out of 853 companies for Quick Ratio. This places Vicplas International in the lower half of its industry. The industry median Quick Ratio is 1.89. Vicplas International's value of 1.05 is 44.4% below this benchmark. Historically, Vicplas International's own Quick Ratio has ranged from 1.05 to 3.90 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 1.89, Vicplas International 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 Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.89, based on 853 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. Vicplas International's current Quick Ratio of 1.05 is 44.4% 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 Vicplas International and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vicplas International's current Quick Ratio is 1.05, which is 38% below median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicplas International stock overvalued right now?
Based on GuruFocus' analysis, Vicplas International (SGX:569) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.11, compared to a current price of S$0.08 — trading 30% below its estimated fair value. The current Quick Ratio is 1.05, which is 38% below median its 10-year median of 1.70 and 44.4% below the Medical Devices & Instruments industry median of 1.89. 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 Vicplas International (SGX:569), the current Quick Ratio is 1.05 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.

Vicplas International Business Description

Address 35 Joo Koon Circle, Singapore, SGP, 629110
Vicplas International Ltd is an investment holding company. The company is organized into two main business activities: the Pipes and Pipe Fitting segment and the Medical Devices segment, which is the key revenue driver. Pipes and Pipe Fittings segment engages in the manufacturing and distribution of plastic building products, including uPVC pipes and pipe fittings and electrical conduits. The Medical device segment is involved in the research, design, development, and manufacture of medical devices. The company generates majority of its revenue from medical devices. The company does its sales through geographical segments that include Singapore, Malaysia, Mexico, China, and the United Kingdom, of which the majority of the revenue comes from Singapore.