Desiccant TechnologyTPE:5292 +0.46%95 Quick Ratio is 1.52 as of Dec. 2025, which is 24% above its 10-year median of 1.23. GuruFocus rates TPE:5292 with a GF Score™ of 95/100 and a GF Value™ of NT$169.02 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 3,071 Industrial Products companies, Desiccant Technology ranks better than 55.29% on this metric.
Desiccant Technology has a quick ratio of 1.52. It generally indicates good short-term financial strength.
The historical rank and industry rank for Desiccant Technology's Quick Ratio or its related term are showing as below:
TPE:5292'
s Quick Ratio Range Over the Past 10 Years
Min: 1.06 Med: 1.23 Max: 1.7
Current: 1.52
During the past 11 years, Desiccant Technology's highest Quick Ratio was 1.70. The lowest was 1.06. And the median was 1.23.
TPE:5292's Quick Ratio is ranked better than 55.29% of 3071
companies
in the Industrial Products industry
Industry Median: 1.39
vs TPE:5292: 1.52
Desiccant Technology (TPE:5292) 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.
Desiccant Technology Quick Ratio Related Terms
Desiccant Technology Quick Ratio Historical Data
* Premium members only.
The historical data trend for Desiccant Technology'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.
TPE:5292 vs VLTO, ZWS, CECO: Quick Ratio Comparison
For the Pollution & Treatment Controls subindustry, Desiccant Technology'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.
Desiccant Technology Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Desiccant Technology's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Desiccant Technology'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.
Desiccant Technology'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.
Desiccant Technology (TPE:5292) has a Quick Ratio of 1.52 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Desiccant Technology and its competitors. This is 24% above median its historical median of 1.23. Over the past decade, Desiccant Technology's Quick Ratio has ranged from 1.06 to 1.70. According to the industry distribution chart, Desiccant Technology ranks #1373 out of 3071 companies in the Industrial Products industry, placing it in the top 44.7%.
Is Desiccant Technology's Quick Ratio too high?
Desiccant Technology's current Quick Ratio of 1.52 is 24% above median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 1.70. The Industrial Products industry median Quick Ratio is 1.39. Desiccant Technology's value of 1.52 is 9.4% above this industry median. Based on the distribution chart, Desiccant Technology ranks #1373 out of 3071 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Desiccant Technology has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Desiccant Technology's Quick Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Desiccant Technology ranks #1373 out of 3071 companies for Quick Ratio. This puts Desiccant Technology in the upper half of its industry. The industry median Quick Ratio is 1.39. Desiccant Technology's value of 1.52 is 9.4% above this benchmark. Historically, Desiccant Technology's own Quick Ratio has ranged from 1.06 to 1.70 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 1.39, Desiccant Technology 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 Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,071 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. Desiccant Technology's current Quick Ratio of 1.52 is 9.4% 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 Desiccant Technology and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Desiccant Technology's current Quick Ratio is 1.52, which is 24% above median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desiccant Technology stock overvalued right now?
Based on GuruFocus' analysis, Desiccant Technology (TPE:5292) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$169.02, compared to a current price of NT$220.50 — trading 30.5% above its estimated fair value. The current Quick Ratio is 1.52, which is 24% above median its 10-year median of 1.23 and 9.4% above the Industrial Products industry median of 1.39. Desiccant Technology's overall GF Score™ is 95/100 with 1 warning sign 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 Desiccant Technology (TPE:5292), the current Quick Ratio is 1.52 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 Desiccant Technology (TPE:5292) Overvalued in 2026?
Based on GuruFocus' analysis, Desiccant Technology stock appears to be overvalued.
The current stock price of NT$220.50 is trading 30.5% above its estimated GF Value™ of NT$169.02.
GuruFocus considers Desiccant Technology to be Modestly Overvalued.
Key valuation signals for TPE:5292:
Quick Ratio: 1.52 (24% above median its 10-year median of 1.23)
GF Value™: NT$169.02 vs. price of NT$220.50 (30.5% above fair value)
Industry Position: 9.4% above the Industrial Products median (#1373 of 3071)
No single metric tells the full story. See the TPE:5292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Desiccant Technology Corp engages mainly in manufacturing industrial dehumidification equipment, drying equipment, pollution control equipment, designing installation projects, contracting, and importing and exporting related products. The Group operates in three principal geographical areas - Taiwan, China, and Singapore. It generates the majority of its revenue from Taiwan.
95GF Score
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