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Hoe LeongSGX:H20 Quick Ratio is 1.08 as of Dec. 2025, which is 29% above its 10-year median of 0.84. The stock has 3 warning signs investors should review. Among 158 Industrial Distribution companies, Hoe Leong ranks worse than 61.39% 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. Hoe Leong's quick ratio for the quarter that ended in Dec. 2025 was 1.08.
Hoe Leong has a quick ratio of 1.08. It generally indicates good short-term financial strength.
The historical rank and industry rank for Hoe Leong's Quick Ratio or its related term are showing as below:
SGX:H20'
s Quick Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.84 Max: 1.15
Current: 1.08
During the past 13 years, Hoe Leong's highest Quick Ratio was 1.15. The lowest was 0.18. And the median was 0.84.
SGX:H20's Quick Ratio is ranked worse than 61.39% of 158
companies
in the Industrial Distribution industry
Industry Median: 1.22
vs SGX:H20: 1.08
Hoe Leong (SGX:H20) 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.
Hoe Leong Quick Ratio Related Terms
Hoe Leong Quick Ratio Historical Data
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The historical data trend for Hoe Leong'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.
SGX:H20 vs GWW, FAST, FERG: Quick Ratio Comparison
For the Industrial Distribution subindustry, Hoe Leong'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.
Hoe Leong Quick Ratio vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Hoe Leong's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Hoe Leong's Quick Ratio falls into.
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.
Hoe Leong's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Hoe Leong (SGX:H20) has a Quick Ratio of 1.08 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hoe Leong and its competitors. This is 29% above median its historical median of 0.84. Over the past decade, Hoe Leong's Quick Ratio has ranged from 0.18 to 1.15. According to the industry distribution chart, Hoe Leong ranks #97 out of 158 companies in the Industrial Distribution industry, placing it in the top 61.4%.
Is Hoe Leong's Quick Ratio too high?
Hoe Leong's current Quick Ratio of 1.08 is 29% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.15. The Industrial Distribution industry median Quick Ratio is 1.22. Hoe Leong's value of 1.08 is 11.5% below this industry median. Based on the distribution chart, Hoe Leong ranks #97 out of 158 companies in the Industrial Distribution industry, which is below the industry midpoint.
How does Hoe Leong's Quick Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hoe Leong ranks #97 out of 158 companies for Quick Ratio. This places Hoe Leong in the lower half of its industry. The industry median Quick Ratio is 1.22. Hoe Leong's value of 1.08 is 11.5% below this benchmark. Historically, Hoe Leong's own Quick Ratio has ranged from 0.18 to 1.15 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.22, Hoe Leong 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 an Industrial Distribution company?
The median Quick Ratio among Industrial Distribution companies is 1.22, based on 158 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. Hoe Leong's current Quick Ratio of 1.08 is 11.5% 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 Hoe Leong and its competitors. For the Industrial Distribution industry, the median Quick Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoe Leong's current Quick Ratio is 1.08, which is 29% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoe Leong stock overvalued right now?
Hoe Leong (SGX:H20) has a current Quick Ratio of 1.08. The current Quick Ratio is 1.08, which is 29% above median its 10-year median of 0.84 and 11.5% below the Industrial Distribution industry median of 1.22. 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 Hoe Leong (SGX:H20), the current Quick Ratio is 1.08 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.
Hoe Leong Corp Ltd specializes in providing undercarriage products, equipment parts, and services for heavy equipment and industrial machinery. Its offerings include an extensive range of parts for bulldozers, excavators, wheel loaders, and off-the-road (OTR) mining dump trucks, such as track frames, track chains and groups, rollers, shoes, sprockets, grouser parts, idlers, and OTR tires. The Group's reportable segments are Design and manufacture, Trading and distribution, and Investment Holding. Maximum revenue is derived from the Design and manufacture segment, which designs, manufactures, and sells equipment parts for both heavy equipment and industrial machinery under in-house brands like KBJ, ROSSI, and MIZU. Geographically, it operates globally and derives key revenue from Australia.
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