Taihan Textile Co (XKRX:001070) Quick Ratio: 0.87 (As of Jun. 2026) — 14% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKRX:001070 Taihan Textile Co Ltd XKRX:001070
58 GF Score
Price ₩6,050.00
GF Value ₩7,021.37
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Taihan Textile Co Quick Ratio?

Taihan Textile Co XKRX:001070 -0.82% 58 Quick Ratio is 0.87 as of Jun. 2026, which is 14% below its 10-year median of 1.01. GuruFocus rates XKRX:001070 with a GF Score™ of 58/100 and a GF Value™ of ₩7,021.37 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, Taihan Textile Co ranks worse than 53.05% 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. Taihan Textile Co's quick ratio for the quarter that ended in Jun. 2026 was 0.87.

Taihan Textile Co has a quick ratio of 0.87. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Taihan Textile Co's Quick Ratio or its related term are showing as below:

XKRX:001070' s Quick Ratio Range Over the Past 10 Years
Min: 0.25   Med: 1.01   Max: 1.9
Current: 1.01

During the past 13 years, Taihan Textile Co's highest Quick Ratio was 1.90. The lowest was 0.25. And the median was 1.01.

XKRX:001070's Quick Ratio is ranked worse than
53.05% of 1067 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11 vs XKRX:001070: 1.01

Taihan Textile Co  (XKRX:001070) 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.


Taihan Textile Co Quick Ratio Related Terms


Taihan Textile Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Taihan Textile 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.

Taihan Textile Co Quick Ratio Chart

Taihan Textile Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.97 1.20 0.91 1.06

Taihan Textile Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 1.01 1.06 1.01 0.87

Taihan Textile Co Quick Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Taihan Textile 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.


Taihan Textile Co Quick Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Taihan Textile Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Taihan Textile Co's Quick Ratio falls into.


XKRX:001070
58GF Score
Taihan Textile Co Ltd XKRX:001070
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taihan Textile Co Quick Ratio Calculation

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.

Taihan Textile Co's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(92405.88-33612.941)/55277.667
=1.06

Taihan Textile Co's Quick Ratio for the quarter that ended in Jun. 2026 is calculated as

Quick Ratio (Q: Jun. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(98480.664-46835.048)/59679.395
=0.87

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.87 mean?
Taihan Textile Co (XKRX:001070) has a Quick Ratio of 0.87 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Taihan Textile Co and its competitors. This is 14% below median its historical median of 1.01. Over the past decade, Taihan Textile Co's Quick Ratio has ranged from 0.25 to 1.90. According to the industry distribution chart, Taihan Textile Co ranks #566 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 53%.
Is Taihan Textile Co's Quick Ratio too high?
Taihan Textile Co's current Quick Ratio of 0.87 is 14% below median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.90. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Taihan Textile Co's value of 0.87 is 21.6% below this industry median. Based on the distribution chart, Taihan Textile Co ranks #566 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Taihan Textile Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taihan Textile Co's Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Taihan Textile Co ranks #566 out of 1067 companies for Quick Ratio. This places Taihan Textile Co in the lower half of its industry. The industry median Quick Ratio is 1.11. Taihan Textile Co's value of 0.87 is 21.6% below this benchmark. Historically, Taihan Textile Co's own Quick Ratio has ranged from 0.25 to 1.90 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.11, Taihan Textile 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 1,067 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. Taihan Textile Co's current Quick Ratio of 0.87 is 21.6% 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 Taihan Textile 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. Taihan Textile Co's current Quick Ratio is 0.87, which is 14% below median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taihan Textile Co stock overvalued right now?
Based on GuruFocus' analysis, Taihan Textile Co (XKRX:001070) is currently considered Modestly Undervalued. The stock's GF Value™ is ₩7,021.37, compared to a current price of ₩6,050.00 — trading 13.8% below its estimated fair value. The current Quick Ratio is 0.87, which is 14% below median its 10-year median of 1.01 and 21.6% below the Manufacturing - Apparel & Accessories industry median of 1.11. Taihan Textile Co's overall GF Score™ is 58/100 with 5 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 Taihan Textile Co (XKRX:001070), the current Quick Ratio is 0.87 as of Jun. 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 Taihan Textile Co (XKRX:001070) Overvalued in 2026?

Based on GuruFocus' analysis, Taihan Textile Co stock appears to be undervalued. The current stock price of ₩6,050.00 is trading 13.8% below its estimated GF Value™ of ₩7,021.37. GuruFocus considers Taihan Textile Co to be Modestly Undervalued.

Key valuation signals for XKRX:001070:

  • Quick Ratio: 0.87 (14% below median its 10-year median of 1.01)
  • GF Value™: ₩7,021.37 vs. price of ₩6,050.00 (13.8% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 21.6% below the Manufacturing - Apparel & Accessories median (#566 of 1067)

No single metric tells the full story. See the XKRX:001070 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taihan Textile Co Business Description

Address 48 Jungnim-ro, Seongjun Building, Jung-gu, Jungnim-dong, Seoul, KOR
Taihan Textile Co Ltd operates in the textile manufacturing industry in South Korea. The company is engaged in the manufacturing and sales of cotton, textiles, and dyeing materials. The products of the company include woven fabrics, yarns, and knit fabrics. Its business divisions are comprised of the Yarn Business Division, which imports and sells cotton yarn, blended yarn, and high-value-added specialty yarn, as well as garment sewing operations. The Textile Business Division dyes and processes fabrics, supplies them to secondary textile manufacturers, and sells dyed and processed fabrics and finished products directly to customers through online channels.
58GF Score

Get the complete analysis for XKRX:001070

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₩6,050.00
Price
₩7,021.37
GF Value