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Air Asia CoTPE:2630 +0.19%83 Quick Ratio is 2.12 as of Mar. 2026, which is 74% above its 10-year median of 1.22. GuruFocus rates TPE:2630 with a GF Score™ of 83/100 and a GF Value™ of NT$38.73 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 360 Aerospace & Defense companies, Air Asia Co ranks better than 70.28% 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. Air Asia Co's quick ratio for the quarter that ended in Mar. 2026 was 2.12.
Air Asia Co has a quick ratio of 2.12. It generally indicates good short-term financial strength.
The historical rank and industry rank for Air Asia Co's Quick Ratio or its related term are showing as below:
TPE:2630'
s Quick Ratio Range Over the Past 10 Years
Min: 0.88 Med: 1.22 Max: 2.91
Current: 2.12
During the past 13 years, Air Asia Co's highest Quick Ratio was 2.91. The lowest was 0.88. And the median was 1.22.
TPE:2630's Quick Ratio is ranked better than 70.28% of 360
companies
in the Aerospace & Defense industry
Industry Median: 1.315
vs TPE:2630: 2.12
Air Asia Co (TPE:2630) 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.
Air Asia Co Quick Ratio Related Terms
Air Asia Co Quick Ratio Historical Data
* Premium members only.
The historical data trend for Air Asia 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.
For the Aerospace & Defense subindustry, Air Asia 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.
Air Asia Co Quick Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Air Asia Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Air Asia 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.
Air Asia Co'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.
Air Asia Co (TPE:2630) has a Quick Ratio of 2.12 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Air Asia Co and its competitors. This is 74% above median its historical median of 1.22. Over the past decade, Air Asia Co's Quick Ratio has ranged from 0.88 to 2.91. According to the industry distribution chart, Air Asia Co ranks #107 out of 360 companies in the Aerospace & Defense industry, placing it in the top 29.7%.
Is Air Asia Co's Quick Ratio too high?
Air Asia Co's current Quick Ratio of 2.12 is 74% above median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 2.91. The Aerospace & Defense industry median Quick Ratio is 1.32. Air Asia Co's value of 2.12 is 61.2% above this industry median. Based on the distribution chart, Air Asia Co ranks #107 out of 360 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Air Asia Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Asia Co's Quick Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Air Asia Co ranks #107 out of 360 companies for Quick Ratio. This puts Air Asia Co in the upper half of its industry. The industry median Quick Ratio is 1.32. Air Asia Co's value of 2.12 is 61.2% above this benchmark. Historically, Air Asia Co's own Quick Ratio has ranged from 0.88 to 2.91 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 1.32, Air Asia Co 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 an Aerospace & Defense company?
The median Quick Ratio among Aerospace & Defense companies is 1.32, based on 360 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. Air Asia Co's current Quick Ratio of 2.12 is 61.2% 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 Air Asia Co and its competitors. For the Aerospace & Defense industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Asia Co's current Quick Ratio is 2.12, which is 74% above median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Asia Co stock overvalued right now?
Based on GuruFocus' analysis, Air Asia Co (TPE:2630) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$38.73, compared to a current price of NT$53.30 — trading 37.6% above its estimated fair value. The current Quick Ratio is 2.12, which is 74% above median its 10-year median of 1.22 and 61.2% above the Aerospace & Defense industry median of 1.32. Air Asia Co's overall GF Score™ is 83/100 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 Air Asia Co (TPE:2630), the current Quick Ratio is 2.12 as of Mar. 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 Air Asia Co (TPE:2630) Overvalued in 2026?
Based on GuruFocus' analysis, Air Asia Co stock appears to be overvalued.
The current stock price of NT$53.30 is trading 37.6% above its estimated GF Value™ of NT$38.73.
GuruFocus considers Air Asia Co to be Significantly Overvalued.
Key valuation signals for TPE:2630:
Quick Ratio: 2.12 (74% above median its 10-year median of 1.22)
GF Value™: NT$38.73 vs. price of NT$53.30 (37.6% above fair value)
Industry Position: 61.2% above the Aerospace & Defense median (#107 of 360)
No single metric tells the full story. See the TPE:2630 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air Asia Co Ltd provides maintenance, renovation, upgrades, and integrated logistic support services for the aircraft and related components. It offers various services such as aircraft structure damage repair, airframe modification and retrofit, helicopter maintenance services, inspection, repair, and overhaul for various aircraft avionics/hydraulic/mechanical components, distributing parts and components, etc. Geographically, the Group generates maximum revenue from Taiwan, and the rest from Asia (excluding Taiwan), and other markets.
83GF Score
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