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Parlo BhdXKLS:0022 +20.00% Current Ratio is 3.90 as of Mar. 2026, which is 70% above its 10-year median of 2.29. The stock has 2 warning signs investors should review. Among 856 Travel & Leisure companies, Parlo Bhd ranks better than 87.62% 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. Parlo Bhd's current ratio for the quarter that ended in Mar. 2026 was 3.90.
Parlo Bhd has a current ratio of 3.90. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Parlo Bhd's Current Ratio or its related term are showing as below:
XKLS:0022'
s Current Ratio Range Over the Past 10 Years
Min: 1.22 Med: 2.29 Max: 8.73
Current: 3.9
During the past 13 years, Parlo Bhd's highest Current Ratio was 8.73. The lowest was 1.22. And the median was 2.29.
XKLS:0022's Current Ratio is ranked better than 87.62% of 856
companies
in the Travel & Leisure industry
Industry Median: 1.385
vs XKLS:0022: 3.90
Parlo Bhd (XKLS:0022) 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.
Parlo Bhd Current Ratio Related Terms
Parlo Bhd Current Ratio Historical Data
* Premium members only.
The historical data trend for Parlo 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:0022 vs BKNG, ABNB, RCL: Current Ratio Comparison
For the Travel Services subindustry, Parlo 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.
Parlo Bhd Current Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Parlo Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where Parlo 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.
Parlo Bhd (XKLS:0022) has a Current Ratio of 3.90 as of Mar. 2026. This is 70% above median its historical median of 2.29. Over the past decade, Parlo Bhd's Current Ratio has ranged from 1.22 to 8.73. According to the industry distribution chart, Parlo Bhd ranks #106 out of 856 companies in the Travel & Leisure industry, placing it in the top 12.4%.
Is Parlo Bhd's Current Ratio too high?
Parlo Bhd's current Current Ratio of 3.90 is 70% above median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 8.73. The Travel & Leisure industry median Current Ratio is 1.39. Parlo Bhd's value of 3.90 is 181.6% above this industry median. Based on the distribution chart, Parlo Bhd ranks #106 out of 856 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers.
How does Parlo Bhd's Current Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Parlo Bhd ranks #106 out of 856 companies for Current Ratio. This places Parlo Bhd in the top 12% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.39. Parlo Bhd's value of 3.90 is 181.6% above this benchmark. Historically, Parlo Bhd's own Current Ratio has ranged from 1.22 to 8.73 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 1.39, Parlo 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 Travel & Leisure company?
The median Current Ratio among Travel & Leisure companies is 1.39, based on 856 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. Parlo Bhd's current Current Ratio of 3.90 is 181.6% 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 Travel & Leisure industry, the median Current Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parlo Bhd's current Current Ratio is 3.90, which is 70% above median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parlo Bhd stock overvalued right now?
Based on GuruFocus' analysis, Parlo Bhd (XKLS:0022) is currently considered Fairly Valued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.03 — trading right at its estimated fair value. The current Current Ratio is 3.90, which is 70% above median its 10-year median of 2.29 and 181.6% above the Travel & Leisure industry median of 1.39. 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 Parlo Bhd (XKLS:0022), the current Current Ratio is 3.90 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.
Parlo Bhd operates in the tourism industry in Malaysia. The company has three main reportable operating segments: Travel and Tours, Trading, and Investment Holding. The Travel and Tours segment provides travel services and ticketing agent services for airline companies, including leisure and corporate travel, meetings, incentives, conferences, exhibitions, and ancillary travel services. The Trading segment is involved in the distribution and trading of medical device consumables, household care products, gas, and cylinders. The Investment Holding segment is engaged in investment holding activities. It generates the majority of its revenue from the Travel and Tours segment.
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