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Hengyuan Refining Co BhdXKLS:4324 +1.52%47 Cash Ratio is 0.13 as of Mar. 2026, which is 19% below its 10-year median of 0.16. GuruFocus rates XKLS:4324 with a GF Score™ of 47/100 and a GF Value™ of RM1.16 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 973 Oil & Gas companies, Hengyuan Refining Co Bhd ranks worse than 78.73% on this metric.
Hengyuan Refining Co Bhd has a Cash Ratio of 0.13. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Hengyuan Refining Co Bhd's Cash Ratio or its related term are showing as below:
XKLS:4324'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.16 Max: 1.46
Current: 0.13
During the past 13 years, Hengyuan Refining Co Bhd's highest Cash Ratio was 1.46. The lowest was 0.01. And the median was 0.16.
XKLS:4324's Cash Ratio is ranked worse than 78.73% of 973
companies
in the Oil & Gas industry
Industry Median: 0.45
vs XKLS:4324: 0.13
Hengyuan Refining Co Bhd (XKLS:4324) 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.
Hengyuan Refining Co Bhd Cash Ratio Related Terms
Hengyuan Refining Co 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 Oil & Gas Refining & Marketing subindustry, Hengyuan Refining Co 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.
Hengyuan Refining Co Bhd Cash Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hengyuan Refining Co Bhd's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Hengyuan Refining Co 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.
Hengyuan Refining Co Bhd (XKLS:4324) has a Cash Ratio of 0.13 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Hengyuan Refining Co Bhd and its competitors. This is 19% below median its historical median of 0.16. Over the past decade, Hengyuan Refining Co Bhd's Cash Ratio has ranged from 0.01 to 1.46. According to the industry distribution chart, Hengyuan Refining Co Bhd ranks #766 out of 973 companies in the Oil & Gas industry, placing it in the top 78.7%.
Is Hengyuan Refining Co Bhd's Cash Ratio too high?
Hengyuan Refining Co Bhd's current Cash Ratio of 0.13 is 19% below median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.46. The Oil & Gas industry median Cash Ratio is 0.45. Hengyuan Refining Co Bhd's value of 0.13 is 71.1% below this industry median. Based on the distribution chart, Hengyuan Refining Co Bhd ranks #766 out of 973 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Hengyuan Refining Co Bhd has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hengyuan Refining Co Bhd's Cash Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Hengyuan Refining Co Bhd ranks #766 out of 973 companies for Cash Ratio. This places Hengyuan Refining Co Bhd in the lower half of its industry. The industry median Cash Ratio is 0.45. Hengyuan Refining Co Bhd's value of 0.13 is 71.1% below this benchmark. Historically, Hengyuan Refining Co Bhd's own Cash Ratio has ranged from 0.01 to 1.46 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.45, Hengyuan Refining Co Bhd 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 Cash Ratio for an Oil & Gas company?
The median Cash Ratio among Oil & Gas companies is 0.45, based on 973 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. Hengyuan Refining Co Bhd's current Cash Ratio of 0.13 is 71.1% 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 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 Hengyuan Refining Co Bhd and its competitors. For the Oil & Gas industry, the median Cash Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hengyuan Refining Co Bhd's current Cash Ratio is 0.13, which is 19% below median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengyuan Refining Co Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hengyuan Refining Co Bhd (XKLS:4324) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.16, compared to a current price of RM2.00 — trading 72.4% above its estimated fair value. The current Cash Ratio is 0.13, which is 19% below median its 10-year median of 0.16 and 71.1% below the Oil & Gas industry median of 0.45. Hengyuan Refining Co Bhd's overall GF Score™ is 47/100 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 Hengyuan Refining Co Bhd (XKLS:4324), the current Cash Ratio is 0.13 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 Hengyuan Refining Co Bhd (XKLS:4324) Overvalued in 2026?
Based on GuruFocus' analysis, Hengyuan Refining Co Bhd stock appears to be overvalued.
The current stock price of RM2.00 is trading 72.4% above its estimated GF Value™ of RM1.16.
GuruFocus considers Hengyuan Refining Co Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:4324:
Cash Ratio: 0.13 (19% below median its 10-year median of 0.16)
GF Value™: RM1.16 vs. price of RM2.00 (72.4% above fair value)
Industry Position: 71.1% below the Oil & Gas median (#766 of 973)
No single metric tells the full story. See the XKLS:4324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hengyuan Refining Co Bhd is engaged in the refining and manufacturing of petroleum products in Malaysia. The company's operating units in its refinery consist of two crude distillers, a long residue catalytic cracker, two naptha treaters and a merox plant, one kerosene Merox plant, one platformer, two hydro-processing units, a Hydrogen Manufacturing Unit (HMU) and a sulphur recovery unit. Its product portfolio consists of liquefied petroleum gas (LPG), gasoline, diesel, aviation fuel, fuel oil components, and chemical feedstocks like light naphtha and propylene.
47GF Score
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