The Hour Glass (SGX:AGS) Quick Ratio: 1.32 (As of Mar. 2026) — Near Median

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SGX:AGS The Hour Glass Ltd SGX:AGS
89 GF Score
Price S$2.73
GF Value S$2.07
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is The Hour Glass Quick Ratio?

The Hour Glass SGX:AGS -1.09% 89 Quick Ratio is 1.32 as of Mar. 2026, which is 5% below its 10-year median of 1.39. GuruFocus rates SGX:AGS with a GF Score™ of 89/100 and a GF Value™ of S$2.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,133 Retail - Cyclical companies, The Hour Glass ranks better than 68.93% 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. The Hour Glass's quick ratio for the quarter that ended in Mar. 2026 was 1.32.

The Hour Glass has a quick ratio of 1.32. It generally indicates good short-term financial strength.

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

SGX:AGS' s Quick Ratio Range Over the Past 10 Years
Min: 1.22   Med: 1.39   Max: 2.73
Current: 1.32

During the past 13 years, The Hour Glass's highest Quick Ratio was 2.73. The lowest was 1.22. And the median was 1.39.

SGX:AGS's Quick Ratio is ranked better than
68.93% of 1133 companies
in the Retail - Cyclical industry
Industry Median: 0.84 vs SGX:AGS: 1.32

The Hour Glass  (SGX:AGS) 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.


The Hour Glass Quick Ratio Related Terms


The Hour Glass Quick Ratio Historical Data

* Premium members only.

The historical data trend for The Hour Glass'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.

The Hour Glass Quick Ratio Chart

The Hour Glass 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 1.42 1.22 1.40 1.40 1.32

The Hour Glass 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 1.40 1.42 1.40 1.06 1.32

SGX:AGS vs TPR: Quick Ratio Comparison

For the Luxury Goods subindustry, The Hour Glass'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.


The Hour Glass Quick Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The Hour Glass's Quick Ratio distribution charts can be found below:

* The bar in red indicates where The Hour Glass's Quick Ratio falls into.


SGX:AGS
89GF Score
The Hour Glass Ltd SGX:AGS
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Hour Glass 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.

The Hour Glass'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
=(552.601-362.189)/144.333
=1.32

The Hour Glass'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
=(552.601-362.189)/144.333
=1.32

* 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 1.32 mean?
The Hour Glass (SGX:AGS) has a Quick Ratio of 1.32 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on The Hour Glass and its competitors. This is near median its historical median of 1.39. Over the past decade, The Hour Glass' Quick Ratio has ranged from 1.22 to 2.73. According to the industry distribution chart, The Hour Glass ranks #352 out of 1133 companies in the Retail - Cyclical industry, placing it in the top 31.1%.
Is The Hour Glass' Quick Ratio too high?
The Hour Glass' current Quick Ratio of 1.32 is near median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 2.73. The Retail - Cyclical industry median Quick Ratio is 0.84. The Hour Glass' value of 1.32 is 57.1% above this industry median. Based on the distribution chart, The Hour Glass ranks #352 out of 1133 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, The Hour Glass has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Hour Glass' Quick Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, The Hour Glass ranks #352 out of 1133 companies for Quick Ratio. This puts The Hour Glass in the upper half of its industry. The industry median Quick Ratio is 0.84. The Hour Glass' value of 1.32 is 57.1% above this benchmark. Historically, The Hour Glass' own Quick Ratio has ranged from 1.22 to 2.73 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 0.84, The Hour Glass 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 Retail - Cyclical company?
The median Quick Ratio among Retail - Cyclical companies is 0.84, based on 1,133 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. The Hour Glass's current Quick Ratio of 1.32 is 57.1% 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 The Hour Glass and its competitors. For the Retail - Cyclical 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. The Hour Glass's current Quick Ratio is 1.32, which is near median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hour Glass stock overvalued right now?
Based on GuruFocus' analysis, The Hour Glass (SGX:AGS) is currently considered Significantly Overvalued. The stock's GF Value™ is S$2.07, compared to a current price of S$2.73 — trading 31.9% above its estimated fair value. The current Quick Ratio is 1.32, which is near median its 10-year median of 1.39 and 57.1% above the Retail - Cyclical industry median of 0.84. The Hour Glass' overall GF Score™ is 89/100 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 The Hour Glass (SGX:AGS), the current Quick Ratio is 1.32 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 The Hour Glass (SGX:AGS) Overvalued in 2026?

Based on GuruFocus' analysis, The Hour Glass stock appears to be overvalued. The current stock price of S$2.73 is trading 31.9% above its estimated GF Value™ of S$2.07. GuruFocus considers The Hour Glass to be Significantly Overvalued.

Key valuation signals for SGX:AGS:

  • Quick Ratio: 1.32 (near median its 10-year median of 1.39)
  • GF Value™: S$2.07 vs. price of S$2.73 (31.9% above fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 57.1% above the Retail - Cyclical median (#352 of 1133)

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


The Hour Glass Business Description

Address 302 Orchard Road, No. 11-01 Tong Building, Singapore, SGP, 238862
The Hour Glass Ltd is a Singapore-based investment holding company. Along with its subsidiaries, the company is engaged in retailing and distribution of watches, jewellery, and other luxury products, investment in properties, and investment holding. It retails watches, jewellery, and other luxury products of brands such as Rolex, Patek Philippe, Akrivia, Daniel Roth, Hublot, Biver, Omega, Bvlgari, Cartier, and others through boutique stores across Singapore, Malaysia, Thailand, Vietnam, Hong Kong, Japan, Australia, and New Zealand. Geographically, the group generates maximum revenue from Southeast Asia and Oceania, followed by Northeast Asia.
89GF Score

Get the complete analysis for SGX:AGS

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

S$2.73
Price
S$2.07
GF Value