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Hong Leong Industries BhdXKLS:3301 -1.89%89 Cash Ratio is 3.65 as of Mar. 2026, which is 19% above its 10-year median of 3.08. GuruFocus rates XKLS:3301 with a GF Score™ of 89/100 and a GF Value™ of RM13.90 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Hong Leong Industries Bhd ranks better than 95.79% on this metric.
Hong Leong Industries Bhd has a Cash Ratio of 3.65. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for Hong Leong Industries Bhd's Cash Ratio or its related term are showing as below:
XKLS:3301'
s Cash Ratio Range Over the Past 10 Years
Min: 0.91 Med: 3.08 Max: 4.35
Current: 3.65
During the past 13 years, Hong Leong Industries Bhd's highest Cash Ratio was 4.35. The lowest was 0.91. And the median was 3.08.
XKLS:3301's Cash Ratio is ranked better than 95.79% of 1306
companies
in the Vehicles & Parts industry
Industry Median: 0.36
vs XKLS:3301: 3.65
Hong Leong Industries Bhd (XKLS:3301) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Hong Leong Industries Bhd Cash Ratio Related Terms
Hong Leong Industries Bhd Cash Ratio Historical Data
* 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 Auto Manufacturers subindustry, Hong Leong Industries Bhd's Cash Ratio, along with its competitors' market caps and Cash 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.
Hong Leong Industries Bhd Cash Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hong Leong Industries Bhd's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Hong Leong Industries Bhd's Cash Ratio falls into.
* 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.
Hong Leong Industries Bhd (XKLS:3301) has a Cash Ratio of 3.65 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Hong Leong Industries Bhd and its competitors. This is 19% above median its historical median of 3.08. Over the past decade, Hong Leong Industries Bhd's Cash Ratio has ranged from 0.91 to 4.35. According to the industry distribution chart, Hong Leong Industries Bhd ranks #55 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 4.2%.
Is Hong Leong Industries Bhd's Cash Ratio too high?
Hong Leong Industries Bhd's current Cash Ratio of 3.65 is 19% above median its 10-year median of 3.08. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 4.35. The Vehicles & Parts industry median Cash Ratio is 0.36. Hong Leong Industries Bhd's value of 3.65 is 913.9% above this industry median. Based on the distribution chart, Hong Leong Industries Bhd ranks #55 out of 1306 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Hong Leong Industries Bhd has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Leong Industries Bhd's Cash Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Hong Leong Industries Bhd ranks #55 out of 1306 companies for Cash Ratio. This places Hong Leong Industries Bhd in the top 4% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.36. Hong Leong Industries Bhd's value of 3.65 is 913.9% above this benchmark. Historically, Hong Leong Industries Bhd's own Cash Ratio has ranged from 0.91 to 4.35 over the past decade. While the company's 10-year median is 3.08 vs. the industry median of 0.36, Hong Leong Industries Bhd 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 Cash Ratio for a Vehicles & Parts company?
The median Cash Ratio among Vehicles & Parts companies is 0.36, based on 1,306 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hong Leong Industries Bhd's current Cash Ratio of 3.65 is 913.9% 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 Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Hong Leong Industries Bhd and its competitors. For the Vehicles & Parts industry, the median Cash Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Leong Industries Bhd's current Cash Ratio is 3.65, which is 19% above median its own 10-year median of 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Leong Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hong Leong Industries Bhd (XKLS:3301) is currently considered Modestly Overvalued. The stock's GF Value™ is RM13.90, compared to a current price of RM17.68 — trading 27.2% above its estimated fair value. The current Cash Ratio is 3.65, which is 19% above median its 10-year median of 3.08 and 913.9% above the Vehicles & Parts industry median of 0.36. Hong Leong Industries Bhd's overall GF Score™ is 89/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Hong Leong Industries Bhd (XKLS:3301), the current Cash Ratio is 3.65 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 Hong Leong Industries Bhd (XKLS:3301) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Leong Industries Bhd stock appears to be overvalued.
The current stock price of RM17.68 is trading 27.2% above its estimated GF Value™ of RM13.90.
GuruFocus considers Hong Leong Industries Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:3301:
Cash Ratio: 3.65 (19% above median its 10-year median of 3.08)
GF Value™: RM13.90 vs. price of RM17.68 (27.2% above fair value)
Industry Position: 913.9% above the Vehicles & Parts median (#55 of 1306)
No single metric tells the full story. See the XKLS:3301 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Leong Industries Bhd is a Malaysia-based investment holding company. Its only operating segment is Consumer products. Consumer products segment manufacture and sale of consumer products comprises motorcycles, spare parts and ceramic tiles. Geographically, it derives a majority of its revenue from Malaysia.
89GF Score
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