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Lai Sun Development Co (STU:LAY3) 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.
Lai Sun Development Co Quick Ratio Related Terms
Lai Sun Development Co Quick Ratio Historical Data
* 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.
Lai Sun Development Co Quick Ratio Competitor Comparison
For the Real Estate - Diversified subindustry, Lai Sun Development Co'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.
Lai Sun Development Co Quick Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Lai Sun Development Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Lai Sun Development Co'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.
Lai Sun Development Co's Quick Ratio for the fiscal year that ended in Jul. 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.
Lai Sun Development Co (STU:LAY3) has a Quick Ratio of 0.58 as of Jan. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Lai Sun Development Co and its competitors. This is 36% below median its historical median of 0.90. Over the past decade, Lai Sun Development Co's Quick Ratio has ranged from 0.32 to 3.52. According to the industry distribution chart, Lai Sun Development Co ranks #1124 out of 1797 companies in the Real Estate industry, placing it in the top 62.5%.
Is Lai Sun Development Co's Quick Ratio too high?
Lai Sun Development Co's current Quick Ratio of 0.58 is 36% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 3.52. The Real Estate industry median Quick Ratio is 0.84. Lai Sun Development Co's value of 0.58 is 31% below this industry median. Based on the distribution chart, Lai Sun Development Co ranks #1124 out of 1797 companies in the Real Estate industry, which is below the industry midpoint. Overall, Lai Sun Development Co has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Lai Sun Development Co's Quick Ratio compare to competitors?
According to the Real Estate industry distribution chart, Lai Sun Development Co ranks #1124 out of 1797 companies for Quick Ratio. This places Lai Sun Development Co in the lower half of its industry. The industry median Quick Ratio is 0.84. Lai Sun Development Co's value of 0.58 is 31% below this benchmark. Historically, Lai Sun Development Co's own Quick Ratio has ranged from 0.32 to 3.52 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.84, Lai Sun Development Co 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 1,797 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. Lai Sun Development Co's current Quick Ratio of 0.58 is 31% 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 Lai Sun Development Co 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. Lai Sun Development Co's current Quick Ratio is 0.58, which is 36% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lai Sun Development Co stock overvalued right now?
Lai Sun Development Co (STU:LAY3) has a current Quick Ratio of 0.58. The stock's GF Value™ is €0.04, compared to a current price of €0.06 — trading 56.3% above its estimated fair value. The current Quick Ratio is 0.58, which is 36% below median its 10-year median of 0.90 and 31% below the Real Estate industry median of 0.84. Lai Sun Development Co's overall GF Score™ is 34/100 with 4 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 Lai Sun Development Co (STU:LAY3), the current Quick Ratio is 0.58 as of Jan. 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 Lai Sun Development Co (STU:LAY3) Overvalued in 2026?
Based on GuruFocus' analysis, Lai Sun Development Co stock appears to be overvalued.
The current stock price of €0.06 is trading 56.3% above its estimated GF Value™ of €0.04.
Key valuation signals for STU:LAY3:
Quick Ratio: 0.58 (36% below median its 10-year median of 0.90)
GF Value™: €0.04 vs. price of €0.06 (56.3% above fair value)
Industry Position: 31% below the Real Estate median (#1124 of 1797)
No single metric tells the full story. See the STU:LAY3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lai Sun Development Co Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in various reportable operating segments such as; property development and sales; property investment; hotel operation; restaurant operation; media and entertainment; film and TV programs; cinema operation; theme park operation, and others. The property development and sales segment which derives a majority of its revenue, is engaged in property development and the sale of properties. Geographically, it derives a majority of its revenue from Mainland China and Macau, and the rest from Hong Kong, the United Kingdom, Vietnam, and other regions.
34GF Score
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