MQ Technology Bhd (XKLS:0070) Current Ratio: 3.03 (As of Feb. 2026) — Near Median


What is MQ Technology Bhd Current Ratio?

MQ Technology Bhd XKLS:0070 Current Ratio is 3.03 as of Feb. 2026, which is 6% below its 10-year median of 3.23. The stock has 1 warning sign investors should review. Among 3,073 Industrial Products companies, MQ Technology Bhd ranks better than 74.45% 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. MQ Technology Bhd's current ratio for the quarter that ended in Feb. 2026 was 3.03.

MQ Technology Bhd has a current ratio of 3.03. 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 MQ Technology Bhd's Current Ratio or its related term are showing as below:

XKLS:0070' s Current Ratio Range Over the Past 10 Years
Min: 2.84   Med: 3.23   Max: 16.26
Current: 3.03

During the past 13 years, MQ Technology Bhd's highest Current Ratio was 16.26. The lowest was 2.84. And the median was 3.23.

XKLS:0070's Current Ratio is ranked better than
74.45% of 3073 companies
in the Industrial Products industry
Industry Median: 1.96 vs XKLS:0070: 3.03

MQ Technology Bhd  (XKLS:0070) 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.


MQ Technology Bhd Current Ratio Related Terms


MQ Technology Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for MQ 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.

MQ Technology Bhd Current Ratio Chart

MQ Technology Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Sep22 Sep23 Sep24 Feb25 Feb26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.09 16.26 2.84 0.00 3.03

MQ Technology Bhd Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 May25 Aug25 Nov25 Feb26
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 5.77 4.83 3.54 3.52 3.03

XKLS:0070 vs SNA, RBC, LECO: Current Ratio Comparison

For the Tools & Accessories subindustry, MQ 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.


MQ Technology Bhd Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MQ Technology Bhd's Current Ratio distribution charts can be found below:

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



MQ 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.

MQ Technology Bhd's Current Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Current Ratio (A: Feb. 2026 )=Total Current Assets (A: Feb. 2026 )/Total Current Liabilities (A: Feb. 2026 )
=49.627/16.352
=3.03

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

Current Ratio (Q: Feb. 2026 )=Total Current Assets (Q: Feb. 2026 )/Total Current Liabilities (Q: Feb. 2026 )
=49.627/16.352
=3.03

* 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 3.03 mean?
MQ Technology Bhd (XKLS:0070) has a Current Ratio of 3.03 as of Feb. 2026. This is near median its historical median of 3.23. Over the past decade, MQ Technology Bhd's Current Ratio has ranged from 2.84 to 16.26. According to the industry distribution chart, MQ Technology Bhd ranks #785 out of 3073 companies in the Industrial Products industry, placing it in the top 25.5%.
Is MQ Technology Bhd's Current Ratio too high?
MQ Technology Bhd's current Current Ratio of 3.03 is near median its 10-year median of 3.23. Over the past 10 years, this metric has ranged from a low of 2.84 to a high of 16.26. The Industrial Products industry median Current Ratio is 1.96. MQ Technology Bhd's value of 3.03 is 54.6% above this industry median. Based on the distribution chart, MQ Technology Bhd ranks #785 out of 3073 companies in the Industrial Products industry, which is above the industry midpoint.
How does MQ Technology Bhd's Current Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, MQ Technology Bhd ranks #785 out of 3073 companies for Current Ratio. This puts MQ Technology Bhd in the upper half of its industry. The industry median Current Ratio is 1.96. MQ Technology Bhd's value of 3.03 is 54.6% above this benchmark. Historically, MQ Technology Bhd's own Current Ratio has ranged from 2.84 to 16.26 over the past decade. While the company's 10-year median is 3.23 vs. the industry median of 1.96, MQ 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,073 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. MQ Technology Bhd's current Current Ratio of 3.03 is 54.6% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MQ Technology Bhd's current Current Ratio is 3.03, which is near median its own 10-year median of 3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MQ Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, MQ Technology Bhd (XKLS:0070) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.13, compared to a current price of RM0.06 — trading 57.7% below its estimated fair value. The current Current Ratio is 3.03, which is near median its 10-year median of 3.23 and 54.6% above the Industrial Products industry median of 1.96. 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 MQ Technology Bhd (XKLS:0070), the current Current Ratio is 3.03 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.

MQ Technology Bhd Business Description

Address Plot 86-B, Lintang Bayan Lepas 9, Bayan Lepas Industrial Park 4, Bayan Lepas, George Town, PNG, MYS, 11900
MQ Technology Bhd is an investment holding company. Through its subsidiaries, it provides a rapid tooling and prototyping division, which automates, designs, develops, and manufactures molds, tools, dies, jigs, and fixtures used in the manufacture of hard disk drives, automotive and medical industries. The company's business segment consists of Manufacture segment, Investment holdings, and others. The company generates the majority of its revenue from Manufacture business segment. Geographically the company operates in Malaysia, Thailand, the USA, Singapore, and Ireland, of which key revenue is derived from Thailand and Malaysia.