Old Chang Kee (SGX:5ML) Quick Ratio: 2.41 (As of Mar. 2026) — 67% Above Median


SGX:5ML Old Chang Kee Ltd SGX:5ML
43 GF Score
Price S$1.15
GF Value S$0.80
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Old Chang Kee Quick Ratio?

Old Chang Kee SGX:5ML 43 Quick Ratio is 2.41 as of Mar. 2026, which is 67% above its 10-year median of 1.44. GuruFocus rates SGX:5ML with a GF Score™ of 43/100 and a GF Value™ of S$0.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 362 Restaurants companies, Old Chang Kee ranks better than 91.16% 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. Old Chang Kee's quick ratio for the quarter that ended in Mar. 2026 was 2.41.

Old Chang Kee has a quick ratio of 2.41. It generally indicates good short-term financial strength.

The historical rank and industry rank for Old Chang Kee's Quick Ratio or its related term are showing as below:

SGX:5ML' s Quick Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.44   Max: 2.41
Current: 2.41

During the past 13 years, Old Chang Kee's highest Quick Ratio was 2.41. The lowest was 0.84. And the median was 1.44.

SGX:5ML's Quick Ratio is ranked better than
91.16% of 362 companies
in the Restaurants industry
Industry Median: 0.88 vs SGX:5ML: 2.41

Old Chang Kee  (SGX:5ML) 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.


Old Chang Kee Quick Ratio Related Terms


Old Chang Kee Quick Ratio Historical Data

* Premium members only.

The historical data trend for Old Chang Kee'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.

Old Chang Kee Quick Ratio Chart

Old Chang Kee Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 1.67 1.85 2.21 2.41

Old Chang Kee Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1.85 1.99 2.21 2.35 2.41

SGX:5ML vs MCD, SBUX, YUM: Quick Ratio Comparison

For the Restaurants subindustry, Old Chang Kee'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.


Old Chang Kee Quick Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Old Chang Kee's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Old Chang Kee's Quick Ratio falls into.


SGX:5ML
43GF Score
Old Chang Kee Ltd SGX:5ML
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Old Chang Kee 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.

Old Chang Kee's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(64.415-1.465)/26.105
=2.41

Old Chang Kee's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(64.415-1.465)/26.105
=2.41

* 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 2.41 mean?
Old Chang Kee (SGX:5ML) has a Quick Ratio of 2.41 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Old Chang Kee and its competitors. This is 67% above median its historical median of 1.44. Over the past decade, Old Chang Kee's Quick Ratio has ranged from 0.84 to 2.41. According to the industry distribution chart, Old Chang Kee ranks #32 out of 362 companies in the Restaurants industry, placing it in the top 8.8%.
Is Old Chang Kee's Quick Ratio too high?
Old Chang Kee's current Quick Ratio of 2.41 is 67% above median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 2.41. The Restaurants industry median Quick Ratio is 0.88. Old Chang Kee's value of 2.41 is 173.9% above this industry median. Based on the distribution chart, Old Chang Kee ranks #32 out of 362 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Old Chang Kee has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Old Chang Kee's Quick Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Old Chang Kee ranks #32 out of 362 companies for Quick Ratio. This places Old Chang Kee in the top 9% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.88. Old Chang Kee's value of 2.41 is 173.9% above this benchmark. Historically, Old Chang Kee's own Quick Ratio has ranged from 0.84 to 2.41 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 0.88, Old Chang Kee 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 Restaurants company?
The median Quick Ratio among Restaurants companies is 0.88, based on 362 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. Old Chang Kee's current Quick Ratio of 2.41 is 173.9% 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 Old Chang Kee and its competitors. For the Restaurants industry, the median Quick Ratio is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Old Chang Kee's current Quick Ratio is 2.41, which is 67% above median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Old Chang Kee stock overvalued right now?
Based on GuruFocus' analysis, Old Chang Kee (SGX:5ML) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.80, compared to a current price of S$1.15 — trading 43.8% above its estimated fair value. The current Quick Ratio is 2.41, which is 67% above median its 10-year median of 1.44 and 173.9% above the Restaurants industry median of 0.88. Old Chang Kee's overall GF Score™ is 43/100 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 Old Chang Kee (SGX:5ML), the current Quick Ratio is 2.41 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 Old Chang Kee (SGX:5ML) Overvalued in 2026?

Based on GuruFocus' analysis, Old Chang Kee stock appears to be overvalued. The current stock price of S$1.15 is trading 43.8% above its estimated GF Value™ of S$0.80. GuruFocus considers Old Chang Kee to be Significantly Overvalued.

Key valuation signals for SGX:5ML:

  • Quick Ratio: 2.41 (67% above median its 10-year median of 1.44)
  • GF Value™: S$0.80 vs. price of S$1.15 (43.8% above fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 173.9% above the Restaurants median (#32 of 362)

No single metric tells the full story. See the SGX:5ML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Old Chang Kee Business Description

Address 2 Woodlands Terrace, Singapore, SGP, 738427
Old Chang Kee Ltd is engaged in the manufacturing and distribution of food products. The company's products include curry puffs, fishballs, chicken nuggets, and chicken wings. It also provides catering services in Singapore. The company's geographical segments include Singapore, Australia, and Malaysia, and a majority of its revenue is derived from Singapore. The company is engaged in the manufacture and sale of food products under brands such as Old Chang Kee, the Curry Times, and Dip n Go.
43GF Score

Get the complete analysis for SGX:5ML

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$1.15
Price
S$0.80
GF Value