XOX Technology Bhd (XKLS:0017) Current Ratio: 2.38 (As of Mar. 2026) — 11% Above Median


What is XOX Technology Bhd Current Ratio?

XOX Technology Bhd XKLS:0017 +11.11% Current Ratio is 2.38 as of Mar. 2026, which is 11% above its 10-year median of 2.14. The stock has 1 warning sign investors should review. Among 367 Telecommunication Services companies, XOX Technology Bhd ranks better than 85.01% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. XOX Technology Bhd's current ratio for the quarter that ended in Mar. 2026 was 2.38.

XOX Technology Bhd has a current ratio of 2.38. It generally indicates good short-term financial strength.

The historical rank and industry rank for XOX Technology Bhd's Current Ratio or its related term are showing as below:

XKLS:0017' s Current Ratio Range Over the Past 10 Years
Min: 1.48   Med: 2.14   Max: 6.76
Current: 2.38

During the past 13 years, XOX Technology Bhd's highest Current Ratio was 6.76. The lowest was 1.48. And the median was 2.14.

XKLS:0017's Current Ratio is ranked better than
85.01% of 367 companies
in the Telecommunication Services industry
Industry Median: 1.13 vs XKLS:0017: 2.38

XOX Technology Bhd  (XKLS:0017) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


XOX Technology Bhd Current Ratio Related Terms


XOX Technology Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for XOX Technology Bhd's Current 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.

XOX Technology Bhd Current Ratio Chart

XOX Technology Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Dec19 Dec20 Mar21 Mar22 Mar23 Jun25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 2.12 1.96 1.75 2.18

XOX Technology Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current 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 2.05 2.18 2.27 2.30 2.38

XKLS:0017 vs TMUS, VZ, T: Current Ratio Comparison

For the Telecom Services subindustry, XOX Technology Bhd's Current Ratio, along with its competitors' market caps and Current 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.


XOX Technology Bhd Current Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, XOX Technology Bhd's Current Ratio distribution charts can be found below:

* The bar in red indicates where XOX Technology Bhd's Current Ratio falls into.



XOX Technology Bhd Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

XOX Technology Bhd's Current Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Current Ratio (A: Jun. 2025 )=Total Current Assets (A: Jun. 2025 )/Total Current Liabilities (A: Jun. 2025 )
=90.64/41.553
=2.18

XOX Technology Bhd's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=87.195/36.602
=2.38

* 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 Current Ratio →
What does a Current Ratio of 2.38 mean?
XOX Technology Bhd (XKLS:0017) has a Current Ratio of 2.38 as of Mar. 2026. This is 11% above median its historical median of 2.14. Over the past decade, XOX Technology Bhd's Current Ratio has ranged from 1.48 to 6.76. According to the industry distribution chart, XOX Technology Bhd ranks #55 out of 367 companies in the Telecommunication Services industry, placing it in the top 15%.
Is XOX Technology Bhd's Current Ratio too high?
XOX Technology Bhd's current Current Ratio of 2.38 is 11% above median its 10-year median of 2.14. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 6.76. The Telecommunication Services industry median Current Ratio is 1.13. XOX Technology Bhd's value of 2.38 is 110.6% above this industry median. Based on the distribution chart, XOX Technology Bhd ranks #55 out of 367 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers.
How does XOX Technology Bhd's Current Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, XOX Technology Bhd ranks #55 out of 367 companies for Current Ratio. This places XOX Technology Bhd in the top 15% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.13. XOX Technology Bhd's value of 2.38 is 110.6% above this benchmark. Historically, XOX Technology Bhd's own Current Ratio has ranged from 1.48 to 6.76 over the past decade. While the company's 10-year median is 2.14 vs. the industry median of 1.13, XOX Technology 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 Current Ratio for a Telecommunication Services company?
The median Current Ratio among Telecommunication Services companies is 1.13, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. XOX Technology Bhd's current Current Ratio of 2.38 is 110.6% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Telecommunication Services industry, the median Current Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XOX Technology Bhd's current Current Ratio is 2.38, which is 11% above median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XOX Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, XOX Technology Bhd (XKLS:0017) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.05 — trading 66.7% above its estimated fair value. The current Current Ratio is 2.38, which is 11% above median its 10-year median of 2.14 and 110.6% above the Telecommunication Services industry median of 1.13. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For XOX Technology Bhd (XKLS:0017), the current Current Ratio is 2.38 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.

XOX Technology Bhd Business Description

Address The Troika No. 19, Persiaran KLCC, 2-2, Second Floor, Tower B, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50450
XOX Technology Bhd provides mobile solutions and engages in the trading and distribution of fast-moving electronic goods and related products. The company delivers and settles mobile messaging and data services such as SMS, MMS, and WAP, supporting mobile interoperability and various value-added services. Through its subsidiaries, the Group also offers SaaS-based business solutions. Its principal activities further include research and development, the development of proprietary software, mobile solutions, related hardware and equipment, cloud service solutions, and customised software development to support diverse business needs. The company operates across Malaysia, Pakistan, and the United Arab Emirates, with the majority of its revenue generated in Malaysia.