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Sincere NavigationTPE:2605 +4.98%84 Quick Ratio is 1.93 as of Dec. 2025, which is 8% below its 10-year median of 2.09. GuruFocus rates TPE:2605 with a GF Score™ of 84/100 and a GF Value™ of NT$28.06 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,005 Transportation companies, Sincere Navigation ranks better than 70.05% on this metric.
Sincere Navigation has a quick ratio of 1.93. It generally indicates good short-term financial strength.
The historical rank and industry rank for Sincere Navigation's Quick Ratio or its related term are showing as below:
TPE:2605'
s Quick Ratio Range Over the Past 10 Years
Min: 1.36 Med: 2.09 Max: 2.74
Current: 1.93
During the past 13 years, Sincere Navigation's highest Quick Ratio was 2.74. The lowest was 1.36. And the median was 2.09.
TPE:2605's Quick Ratio is ranked better than 70.05% of 1005
companies
in the Transportation industry
Industry Median: 1.34
vs TPE:2605: 1.93
Sincere Navigation (TPE:2605) 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.
Sincere Navigation Quick Ratio Related Terms
Sincere Navigation Quick Ratio Historical Data
* Premium members only.
The historical data trend for Sincere Navigation'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.
Sincere Navigation Quick Ratio Competitor Comparison
For the Marine Shipping subindustry, Sincere Navigation'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.
Sincere Navigation Quick Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Sincere Navigation's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Sincere Navigation'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.
Sincere Navigation'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.
Sincere Navigation (TPE:2605) has a Quick Ratio of 1.93 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Sincere Navigation and its competitors. This is near median its historical median of 2.09. Over the past decade, Sincere Navigation's Quick Ratio has ranged from 1.36 to 2.74. According to the industry distribution chart, Sincere Navigation ranks #301 out of 1005 companies in the Transportation industry, placing it in the top 30%.
Is Sincere Navigation's Quick Ratio too high?
Sincere Navigation's current Quick Ratio of 1.93 is near median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 2.74. The Transportation industry median Quick Ratio is 1.34. Sincere Navigation's value of 1.93 is 44% above this industry median. Based on the distribution chart, Sincere Navigation ranks #301 out of 1005 companies in the Transportation industry, which is above the industry midpoint. Overall, Sincere Navigation has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sincere Navigation's Quick Ratio compare to competitors?
According to the Transportation industry distribution chart, Sincere Navigation ranks #301 out of 1005 companies for Quick Ratio. This puts Sincere Navigation in the upper half of its industry. The industry median Quick Ratio is 1.34. Sincere Navigation's value of 1.93 is 44% above this benchmark. Historically, Sincere Navigation's own Quick Ratio has ranged from 1.36 to 2.74 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 1.34, Sincere Navigation 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 Transportation company?
The median Quick Ratio among Transportation companies is 1.34, based on 1,005 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. Sincere Navigation's current Quick Ratio of 1.93 is 44% 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 Sincere Navigation and its competitors. For the Transportation industry, the median Quick Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sincere Navigation's current Quick Ratio is 1.93, which is near median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sincere Navigation stock overvalued right now?
Based on GuruFocus' analysis, Sincere Navigation (TPE:2605) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$28.06, compared to a current price of NT$31.65 — trading 12.8% above its estimated fair value. The current Quick Ratio is 1.93, which is near median its 10-year median of 2.09 and 44% above the Transportation industry median of 1.34. Sincere Navigation's overall GF Score™ is 84/100 with 7 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 Sincere Navigation (TPE:2605), the current Quick Ratio is 1.93 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.
Is Sincere Navigation (TPE:2605) Overvalued in 2026?
Based on GuruFocus' analysis, Sincere Navigation stock appears to be overvalued.
The current stock price of NT$31.65 is trading 12.8% above its estimated GF Value™ of NT$28.06.
GuruFocus considers Sincere Navigation to be Modestly Overvalued.
Key valuation signals for TPE:2605:
Quick Ratio: 1.93 (near median its 10-year median of 2.09)
GF Value™: NT$28.06 vs. price of NT$31.65 (12.8% above fair value)
Industry Position: 44% above the Transportation median (#301 of 1005)
No single metric tells the full story. See the TPE:2605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sincere Navigation Corp is a bulk shipping transportation company in Taiwan. The company's main business line is to provide an integrated shipping solution. It provides a consistent, high-quality transportation service to customers around the world in key industries such as coal and iron ore mining, steel, energy, and paper. It provides tug and barge services. Its segment includes the Bulk carrier and Oil tanker segments. It derives the majority of the revenue from the Bulk carrier segment.
84GF Score
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