First Sponsor Group (SGX:ADN) Quick Ratio: 0.61 (As of Dec. 2025) — 40% Below Median

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SGX:ADN First Sponsor Group Ltd SGX:ADN
69 GF Score
Price S$1.00
GF Value S$1.08
Valuation Fairly Valued
! 6 Warning Signs
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What is First Sponsor Group Quick Ratio?

First Sponsor Group SGX:ADN 69 Quick Ratio is 0.61 as of Dec. 2025, which is 40% below its 10-year median of 1.01. GuruFocus rates SGX:ADN with a GF Score™ of 69/100 and a GF Value™ of S$1.08 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,794 Real Estate companies, First Sponsor Group ranks worse than 60.87% 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. First Sponsor Group's quick ratio for the quarter that ended in Dec. 2025 was 0.61.

First Sponsor Group has a quick ratio of 0.61. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for First Sponsor Group's Quick Ratio or its related term are showing as below:

SGX:ADN' s Quick Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.01   Max: 2.12
Current: 0.61

During the past 13 years, First Sponsor Group's highest Quick Ratio was 2.12. The lowest was 0.61. And the median was 1.01.

SGX:ADN's Quick Ratio is ranked worse than
60.87% of 1794 companies
in the Real Estate industry
Industry Median: 0.84 vs SGX:ADN: 0.61

First Sponsor Group  (SGX:ADN) 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.


First Sponsor Group Quick Ratio Related Terms


First Sponsor Group Quick Ratio Historical Data

* Premium members only.

The historical data trend for First Sponsor Group'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.

First Sponsor Group Quick Ratio Chart

First Sponsor Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.64 0.68 0.80 0.61

First Sponsor Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.68 0.60 0.80 0.47 0.61

First Sponsor Group Quick Ratio Competitor Comparison

For the Real Estate - Development subindustry, First Sponsor Group'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.


First Sponsor Group Quick Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, First Sponsor Group's Quick Ratio distribution charts can be found below:

* The bar in red indicates where First Sponsor Group's Quick Ratio falls into.


SGX:ADN
69GF Score
First Sponsor Group Ltd SGX:ADN
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Sponsor Group 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.

First Sponsor Group's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2058.881-1418.889)/1054.971
=0.61

First Sponsor Group's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2058.881-1418.889)/1054.971
=0.61

* 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 0.61 mean?
First Sponsor Group (SGX:ADN) has a Quick Ratio of 0.61 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on First Sponsor Group and its competitors. This is 40% below median its historical median of 1.01. Over the past decade, First Sponsor Group's Quick Ratio has ranged from 0.61 to 2.12. According to the industry distribution chart, First Sponsor Group ranks #1092 out of 1794 companies in the Real Estate industry, placing it in the top 60.9%.
Is First Sponsor Group's Quick Ratio too high?
First Sponsor Group's current Quick Ratio of 0.61 is 40% below median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 2.12. The Real Estate industry median Quick Ratio is 0.84. First Sponsor Group's value of 0.61 is 27.4% below this industry median. Based on the distribution chart, First Sponsor Group ranks #1092 out of 1794 companies in the Real Estate industry, which is below the industry midpoint. Overall, First Sponsor Group has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Sponsor Group's Quick Ratio compare to competitors?
According to the Real Estate industry distribution chart, First Sponsor Group ranks #1092 out of 1794 companies for Quick Ratio. This places First Sponsor Group in the lower half of its industry. The industry median Quick Ratio is 0.84. First Sponsor Group's value of 0.61 is 27.4% below this benchmark. Historically, First Sponsor Group's own Quick Ratio has ranged from 0.61 to 2.12 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 0.84, First Sponsor Group 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 Real Estate company?
The median Quick Ratio among Real Estate companies is 0.84, based on 1,794 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. First Sponsor Group's current Quick Ratio of 0.61 is 27.4% 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 First Sponsor Group and its competitors. For the Real Estate industry, the median Quick Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Sponsor Group's current Quick Ratio is 0.61, which is 40% below median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Sponsor Group stock overvalued right now?
Based on GuruFocus' analysis, First Sponsor Group (SGX:ADN) is currently considered Fairly Valued. The stock's GF Value™ is S$1.08, compared to a current price of S$1.00 — trading 7.4% below its estimated fair value. The current Quick Ratio is 0.61, which is 40% below median its 10-year median of 1.01 and 27.4% below the Real Estate industry median of 0.84. First Sponsor Group's overall GF Score™ is 69/100 with 6 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 First Sponsor Group (SGX:ADN), the current Quick Ratio is 0.61 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.

Is First Sponsor Group (SGX:ADN) Overvalued in 2026?

Based on GuruFocus' analysis, First Sponsor Group stock appears to be undervalued. The current stock price of S$1.00 is trading 7.4% below its estimated GF Value™ of S$1.08. GuruFocus considers First Sponsor Group to be Fairly Valued.

Key valuation signals for SGX:ADN:

  • Quick Ratio: 0.61 (40% below median its 10-year median of 1.01)
  • GF Value™: S$1.08 vs. price of S$1.00 (7.4% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 27.4% below the Real Estate median (#1092 of 1794)

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


First Sponsor Group Business Description

Address 19 Lorong Telok, Singapore, SGP, 049031
First Sponsor Group Ltd is an investment holding company. The principal activities of the company are investment holding, property development and sales, property investment, hotel ownership and operations, and provision of property financing services. The Hotel operations segment includes hotels and hot spring owners. The property development segment includes the development and/or purchase of properties for sale. The property investment segment includes the development and/or purchase of investment properties (including hotels) for rental income. The property financing segment includes the provision of non-pro rata interest-bearing loans to associates and joint ventures, provision of interest-bearing loans to third parties. Key revenue is derived from Property development.
69GF Score

Get the complete analysis for SGX:ADN

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

S$1.00
Price
S$1.08
GF Value