Boldtek Holdings (SGX:5VI) Quick Ratio: 0.34 (As of Dec. 2023)

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What is Boldtek Holdings Quick Ratio?

Boldtek Holdings SGX:5VI Quick Ratio is 0.34 as of Dec. 2023.

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. Boldtek Holdings's quick ratio for the quarter that ended in Dec. 2023 was 0.34.

Boldtek Holdings has a quick ratio of 0.34. It indicates that the company cannot currently fully pay back its current liabilities.

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

SGX:5VI's Quick Ratio is not ranked *
in the Construction industry.
Industry Median: 1.29
* Ranked among companies with meaningful Quick Ratio only.

Boldtek Holdings  (SGX:5VI) 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.


Boldtek Holdings Quick Ratio Related Terms


Boldtek Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for Boldtek 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.

Boldtek Holdings Quick Ratio Chart

Boldtek Holdings Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 1.04 1.09 1.09 1.12

Boldtek Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
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 1.09 1.20 1.12 1.12 0.34

SGX:5VI vs JCI, J, PWR: Quick Ratio Comparison

For the Engineering & Construction subindustry, Boldtek 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.


Boldtek Holdings Quick Ratio vs Construction Industry

For the Construction industry and Industrials sector, Boldtek Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Boldtek Holdings's Quick Ratio falls into.



Boldtek Holdings 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.

Boldtek Holdings's Quick Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Quick Ratio (A: Jun. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(74.996-5.211)/62.124
=1.12

Boldtek Holdings's Quick Ratio for the quarter that ended in Dec. 2023 is calculated as

Quick Ratio (Q: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(23.823-0.005)/70.519
=0.34

* 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 0.34 mean?
Boldtek Holdings (SGX:5VI) has a Quick Ratio of 0.34 as of Dec. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Boldtek Holdings and its competitors.
Is Boldtek Holdings' Quick Ratio too high?
Boldtek Holdings' current Quick Ratio is 0.34. The Construction industry median Quick Ratio is 1.29. Boldtek Holdings' value of 0.34 is 73.6% below this industry median.
How does Boldtek Holdings' Quick Ratio compare to JCI and J?
Boldtek Holdings' Quick Ratio of 0.34 can be compared against companies in the Construction industry. The industry median Quick Ratio is 1.29. Boldtek Holdings' value of 0.34 is 73.6% below this benchmark. 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 1,785 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. Boldtek Holdings's current Quick Ratio of 0.34 is 73.6% 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 Boldtek 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. Boldtek Holdings's current Quick Ratio is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boldtek Holdings stock overvalued right now?
Boldtek Holdings (SGX:5VI) has a current Quick Ratio of 0.34. The current Quick Ratio is 0.34 and 73.6% below 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 Boldtek Holdings (SGX:5VI), the current Quick Ratio is 0.34 as of Dec. 2023. 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.

Boldtek Holdings Business Description

Address 72 Senoko Drive, Singapore, SGP, 758240
Boldtek Holdings Ltd is engaged in building construction works as well as supply and installation of furniture/interior fitting-out works in Singapore in which it acts mainly as a main contractor for the Singapore government and Singapore government-related bodies. As a main contractor, the group has undertaken a wide range of building construction works such as excavation, piling, sub-structures and superstructures works, architectural works, aluminium cladding and curtain walling, M&E works, interior fitting-out works, external works and landscaping. The company undertakes its building construction works and supply and installation of furniture/interior fitting-out works through both its wholly-owned subsidiaries.