Coolan Group (SGX:BMT) Quick Ratio: 0.13 (As of Dec. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:BMT Coolan Group Ltd SGX:BMT
9 GF Score
Price S$0.08
View Full Analysis

What is Coolan Group Quick Ratio?

Coolan Group SGX:BMT 9 Quick Ratio is 0.13 as of Dec. 2024. GuruFocus rates SGX:BMT with a GF Score™ of 9/100.

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. Coolan Group's quick ratio for the quarter that ended in Dec. 2024 was 0.13.

Coolan Group has a quick ratio of 0.13. It indicates that the company cannot currently fully pay back its current liabilities.

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

SGX:BMT's Quick Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.13
* Ranked among companies with meaningful Quick Ratio only.

Coolan Group  (SGX:BMT) 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.


Coolan Group Quick Ratio Related Terms


Coolan Group Quick Ratio Historical Data

* Premium members only.

The historical data trend for Coolan 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.

Coolan Group Quick Ratio Chart

Coolan Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 0.70 0.40 0.45 0.14

Coolan Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.45 0.25 0.14 0.13 0.13

SGX:BMT vs MPC, VLO, PSX: Quick Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Coolan 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.


Coolan Group Quick Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Coolan Group's Quick Ratio distribution charts can be found below:

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


SGX:BMT
9GF Score
Coolan Group Ltd SGX:BMT
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coolan 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.

Coolan Group's Quick Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Quick Ratio (A: Jun. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(10.012-0.036)/69.084
=0.14

Coolan Group's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(8.876-0)/69.638
=0.13

* 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 0.13 mean?
Coolan Group (SGX:BMT) has a Quick Ratio of 0.13 as of Dec. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Coolan Group and its competitors.
Is Coolan Group's Quick Ratio too high?
Coolan Group's current Quick Ratio is 0.13. The Oil & Gas industry median Quick Ratio is 1.13. Coolan Group's value of 0.13 is 88.5% below this industry median. Overall, Coolan Group has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Coolan Group's Quick Ratio compare to MPC and VLO?
Coolan Group's Quick Ratio of 0.13 can be compared against companies in the Oil & Gas industry. The industry median Quick Ratio is 1.13. Coolan Group's value of 0.13 is 88.5% 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 an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.13, based on 1,021 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. Coolan Group's current Quick Ratio of 0.13 is 88.5% 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 Coolan Group and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coolan Group's current Quick Ratio is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coolan Group stock overvalued right now?
Coolan Group (SGX:BMT) has a current Quick Ratio of 0.13. The current Quick Ratio is 0.13 and 88.5% below the Oil & Gas industry median of 1.13. Coolan Group's overall GF Score™ is 9/100. 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 Coolan Group (SGX:BMT), the current Quick Ratio is 0.13 as of Dec. 2024. 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.

Coolan Group Business Description

Industry EnergyOil & Gas
Address 456 Alexandra Road, No. 24-01 Fragrance Empire Building, Singapore, SGP, 119962
Coolan Group Ltd, formerly New Silkroutes Group Ltd is engaged in oil and gas trading. Its reportable segments are namely Healthcare, and Others. Healthcare owns and operates clinics in Singapore providing complementary integrative therapies, runs employee healthcare benefits programmes, offers systems integration services to hospitals and Others includes general corporate activities and others. Geographically, the company generates a majority of its revenue from China.
9GF Score

Get the complete analysis for SGX:BMT

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

S$0.08
Price