Progen HoldingsSGX:583 Quick Ratio is 2.17 as of Dec. 2025, which is 61% above its 10-year median of 1.35. The stock has 2 warning signs investors should review. Among 1,782 Construction companies, Progen Holdings ranks better than 79.85% 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. Progen Holdings's quick ratio for the quarter that ended in Dec. 2025 was 2.17.
Progen Holdings has a quick ratio of 2.17. It generally indicates good short-term financial strength.
The historical rank and industry rank for Progen Holdings's Quick Ratio or its related term are showing as below:
SGX:583'
s Quick Ratio Range Over the Past 10 Years
Min: 0.26 Med: 1.35 Max: 2.18
Current: 2.17
During the past 13 years, Progen Holdings's highest Quick Ratio was 2.18. The lowest was 0.26. And the median was 1.35.
SGX:583's Quick Ratio is ranked better than 79.85% of 1782
companies
in the Construction industry
Industry Median: 1.29
vs SGX:583: 2.17
Progen Holdings (SGX:583) 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.
Progen Holdings Quick Ratio Related Terms
Progen Holdings Quick Ratio Historical Data
* Premium members only.
The historical data trend for Progen 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.
For the Building Products & Equipment subindustry, Progen 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.
Progen Holdings Quick Ratio vs Construction Industry
For the Construction industry and Industrials sector, Progen Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Progen Holdings'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.
Progen Holdings's Quick Ratio for the fiscal year that ended in Dec. 2025 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.
Progen Holdings (SGX:583) has a Quick Ratio of 2.17 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Progen Holdings and its competitors. This is 61% above median its historical median of 1.35. Over the past decade, Progen Holdings' Quick Ratio has ranged from 0.26 to 2.18. According to the industry distribution chart, Progen Holdings ranks #359 out of 1782 companies in the Construction industry, placing it in the top 20.1%.
Is Progen Holdings' Quick Ratio too high?
Progen Holdings' current Quick Ratio of 2.17 is 61% above median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 2.18. The Construction industry median Quick Ratio is 1.29. Progen Holdings' value of 2.17 is 68.2% above this industry median. Based on the distribution chart, Progen Holdings ranks #359 out of 1782 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Progen Holdings' Quick Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Progen Holdings ranks #359 out of 1782 companies for Quick Ratio. This places Progen Holdings in the top 20% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.29. Progen Holdings' value of 2.17 is 68.2% above this benchmark. Historically, Progen Holdings' own Quick Ratio has ranged from 0.26 to 2.18 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.29, Progen Holdings 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 1,782 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. Progen Holdings's current Quick Ratio of 2.17 is 68.2% 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 Progen Holdings 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. Progen Holdings's current Quick Ratio is 2.17, which is 61% above median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progen Holdings stock overvalued right now?
Based on GuruFocus' analysis, Progen Holdings (SGX:583) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.04, compared to a current price of S$0.03 — trading 35% below its estimated fair value. The current Quick Ratio is 2.17, which is 61% above median its 10-year median of 1.35 and 68.2% 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 Progen Holdings (SGX:583), the current Quick Ratio is 2.17 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.
Progen Holdings Ltd is a Singapore-based investment holding company. Along with its subsidiaries, it is principally engaged in the business of design, supply, installation, and maintenance of air conditioners, cooling, and mechanical ventilation systems. The group's reportable segments are Products and installation, Servicing and maintenance, Rental, Property development, and Others. Majority of its revenue is generated from the Products and installation segment, which relates to the contracting of engineering works, cooling towers, air-conditioning, and mechanical ventilation systems. Geographically, it operates substantially in Singapore.
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