NetX Holdings BhdXKLS:0020 -7.69% Current Ratio is 2.37 as of Feb. 2026, which is 85% below its 10-year median of 15.77. The stock has 4 warning signs investors should review. Among 2,865 Software companies, NetX Holdings Bhd ranks better than 63.07% 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. NetX Holdings Bhd's current ratio for the quarter that ended in Feb. 2026 was 2.37.
NetX Holdings Bhd has a current ratio of 2.37. It generally indicates good short-term financial strength.
The historical rank and industry rank for NetX Holdings Bhd's Current Ratio or its related term are showing as below:
XKLS:0020'
s Current Ratio Range Over the Past 10 Years
Min: 2.37 Med: 15.77 Max: 66.74
Current: 2.37
During the past 13 years, NetX Holdings Bhd's highest Current Ratio was 66.74. The lowest was 2.37. And the median was 15.77.
XKLS:0020's Current Ratio is ranked better than 63.07% of 2865
companies
in the Software industry
Industry Median: 1.81
vs XKLS:0020: 2.37
NetX Holdings Bhd (XKLS:0020) 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.
NetX Holdings Bhd Current Ratio Related Terms
NetX Holdings Bhd Current Ratio Historical Data
* Premium members only.
The historical data trend for NetX Holdings 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.
XKLS:0020 vs IBM, ACN, FISV: Current Ratio Comparison
For the Information Technology Services subindustry, NetX Holdings 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.
NetX Holdings Bhd Current Ratio vs Software Industry
For the Software industry and Technology sector, NetX Holdings Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where NetX Holdings Bhd's Current 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.
NetX Holdings Bhd (XKLS:0020) has a Current Ratio of 2.37 as of Feb. 2026. This is 85% below median its historical median of 15.77. Over the past decade, NetX Holdings Bhd's Current Ratio has ranged from 2.37 to 66.74. According to the industry distribution chart, NetX Holdings Bhd ranks #1058 out of 2865 companies in the Software industry, placing it in the top 36.9%.
Is NetX Holdings Bhd's Current Ratio too high?
NetX Holdings Bhd's current Current Ratio of 2.37 is 85% below median its 10-year median of 15.77. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 66.74. The Software industry median Current Ratio is 1.81. NetX Holdings Bhd's value of 2.37 is 30.9% above this industry median. Based on the distribution chart, NetX Holdings Bhd ranks #1058 out of 2865 companies in the Software industry, which is above the industry midpoint.
How does NetX Holdings Bhd's Current Ratio compare to IBM and ACN?
According to the Software industry distribution chart, NetX Holdings Bhd ranks #1058 out of 2865 companies for Current Ratio. This puts NetX Holdings Bhd in the upper half of its industry. The industry median Current Ratio is 1.81. NetX Holdings Bhd's value of 2.37 is 30.9% above this benchmark. Historically, NetX Holdings Bhd's own Current Ratio has ranged from 2.37 to 66.74 over the past decade. While the company's 10-year median is 15.77 vs. the industry median of 1.81, NetX Holdings 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 Software company?
The median Current Ratio among Software companies is 1.81, based on 2,865 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. NetX Holdings Bhd's current Current Ratio of 2.37 is 30.9% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetX Holdings Bhd's current Current Ratio is 2.37, which is 85% below median its own 10-year median of 15.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetX Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, NetX Holdings Bhd (XKLS:0020) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.06 — trading 20% above its estimated fair value. The current Current Ratio is 2.37, which is 85% below median its 10-year median of 15.77 and 30.9% above the Software industry median of 1.81. 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 NetX Holdings Bhd (XKLS:0020), the current Current Ratio is 2.37 as of Feb. 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.
NetX Holdings Bhd is an investment holding company. The Group operates in five different business segments according to the nature of activities of its subsidiaries, namely Nonpayment & IT Network services, Electronic Payment services, GEM, Money Lending, and Property Investment. The majority of its revenue is from Electronic Payment services: Involved in the provision of payment terminal and payment solutions, money exchange services, and its related software licensing and services. Geographically, operates in Malaysia and Hong Kong.
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