Ascent Development CoTPE:1439 -0.41%52 Quick Ratio is 0.47 as of Sep. 2025, which is 90% below its 10-year median of 4.82. GuruFocus rates TPE:1439 with a GF Score™ of 52/100 and a GF Value™ of NT$51.70 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,065 Manufacturing - Apparel & Accessories companies, Ascent Development Co ranks worse than 84.88% on this metric.
Ascent Development Co (TPE:1439) 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.
Ascent Development Co Quick Ratio Related Terms
Ascent Development Co Quick Ratio Historical Data
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The historical data trend for Ascent Development Co'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.
Ascent Development Co Quick Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Ascent 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.
Ascent Development Co Quick Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ascent Development Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Ascent 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.
Ascent Development Co's Quick Ratio for the fiscal year that ended in Dec. 2024 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.
Ascent Development Co (TPE:1439) has a Quick Ratio of 0.47 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ascent Development Co and its competitors. This is 90% below median its historical median of 4.82. Over the past decade, Ascent Development Co's Quick Ratio has ranged from 0.37 to 152.80. According to the industry distribution chart, Ascent Development Co ranks #904 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 84.9%.
Is Ascent Development Co's Quick Ratio too high?
Ascent Development Co's current Quick Ratio of 0.47 is 90% below median its 10-year median of 4.82. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 152.80. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Ascent Development Co's value of 0.47 is 57.7% below this industry median. Based on the distribution chart, Ascent Development Co ranks #904 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Ascent Development Co has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ascent Development Co's Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ascent Development Co ranks #904 out of 1065 companies for Quick Ratio. This places Ascent Development Co in the lower half of its industry. The industry median Quick Ratio is 1.11. Ascent Development Co's value of 0.47 is 57.7% below this benchmark. Historically, Ascent Development Co's own Quick Ratio has ranged from 0.37 to 152.80 over the past decade. While the company's 10-year median is 4.82 vs. the industry median of 1.11, Ascent 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,065 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. Ascent Development Co's current Quick Ratio of 0.47 is 57.7% 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 Ascent Development Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascent Development Co's current Quick Ratio is 0.47, which is 90% below median its own 10-year median of 4.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascent Development Co stock overvalued right now?
Based on GuruFocus' analysis, Ascent Development Co (TPE:1439) is currently considered Possible Value Trap. The stock's GF Value™ is NT$51.70, compared to a current price of NT$24.10 — trading 53.4% below its estimated fair value. The current Quick Ratio is 0.47, which is 90% below median its 10-year median of 4.82 and 57.7% below the Manufacturing - Apparel & Accessories industry median of 1.11. Ascent Development Co's overall GF Score™ is 52/100 with 8 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 Ascent Development Co (TPE:1439), the current Quick Ratio is 0.47 as of Sep. 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 Ascent Development Co (TPE:1439) Overvalued in 2026?
Based on GuruFocus' analysis, Ascent Development Co stock appears to be undervalued.
The current stock price of NT$24.10 is trading 53.4% below its estimated GF Value™ of NT$51.70.
GuruFocus considers Ascent Development Co to be Possible Value Trap.
Key valuation signals for TPE:1439:
Quick Ratio: 0.47 (90% below median its 10-year median of 4.82)
GF Value™: NT$51.70 vs. price of NT$24.10 (53.4% below fair value)
Industry Position: 57.7% below the Manufacturing - Apparel & Accessories median (#904 of 1065)
No single metric tells the full story. See the TPE:1439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ascent Development Co Ltd mainly engages in real estate development, lease, and sale. The Company is engaged in entrusting construction companies to build or sell buildings, and its business cycle is usually longer than one year. Its businesses include real estate investment development, construction, lease of residential properties, and building development, rental, and leasing. Its segments include construction project sales, which generate maximum revenue, service, lease, and others. The company generates revenue from Taiwan.
52GF Score
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