Green Ocean BhdXKLS:0074 Current Ratio is 18.92 as of Mar. 2026, which is 130% above its 10-year median of 8.22. The stock has 3 warning signs investors should review. Among 1,985 Consumer Packaged Goods companies, Green Ocean Bhd ranks better than 98.04% 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. Green Ocean Bhd's current ratio for the quarter that ended in Mar. 2026 was 18.92.
Green Ocean Bhd has a current ratio of 18.92. 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 Green Ocean Bhd's Current Ratio or its related term are showing as below:
XKLS:0074'
s Current Ratio Range Over the Past 10 Years
Min: 1.06 Med: 8.22 Max: 311.42
Current: 18.92
During the past 13 years, Green Ocean Bhd's highest Current Ratio was 311.42. The lowest was 1.06. And the median was 8.22.
XKLS:0074's Current Ratio is ranked better than 98.04% of 1985
companies
in the Consumer Packaged Goods industry
Industry Median: 1.73
vs XKLS:0074: 18.92
Green Ocean Bhd (XKLS:0074) 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.
Green Ocean Bhd Current Ratio Related Terms
Green Ocean Bhd Current Ratio Historical Data
* Premium members only.
The historical data trend for Green Ocean 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:0074 vs ADM, BG, TSN: Current Ratio Comparison
For the Farm Products subindustry, Green Ocean 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.
Green Ocean Bhd Current Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Green Ocean Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where Green Ocean 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.
Green Ocean Bhd (XKLS:0074) has a Current Ratio of 18.92 as of Mar. 2026. This is 130% above median its historical median of 8.22. Over the past decade, Green Ocean Bhd's Current Ratio has ranged from 1.06 to 311.42. According to the industry distribution chart, Green Ocean Bhd ranks #39 out of 1985 companies in the Consumer Packaged Goods industry, placing it in the top 2%.
Is Green Ocean Bhd's Current Ratio too high?
Green Ocean Bhd's current Current Ratio of 18.92 is 130% above median its 10-year median of 8.22. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 311.42. The Consumer Packaged Goods industry median Current Ratio is 1.73. Green Ocean Bhd's value of 18.92 is 993.6% above this industry median. Based on the distribution chart, Green Ocean Bhd ranks #39 out of 1985 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers.
How does Green Ocean Bhd's Current Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Green Ocean Bhd ranks #39 out of 1985 companies for Current Ratio. This places Green Ocean Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.73. Green Ocean Bhd's value of 18.92 is 993.6% above this benchmark. Historically, Green Ocean Bhd's own Current Ratio has ranged from 1.06 to 311.42 over the past decade. While the company's 10-year median is 8.22 vs. the industry median of 1.73, Green Ocean 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 Consumer Packaged Goods company?
The median Current Ratio among Consumer Packaged Goods companies is 1.73, based on 1,985 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. Green Ocean Bhd's current Current Ratio of 18.92 is 993.6% 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 Consumer Packaged Goods industry, the median Current Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Ocean Bhd's current Current Ratio is 18.92, which is 130% above median its own 10-year median of 8.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Ocean Bhd stock overvalued right now?
Based on GuruFocus' analysis, Green Ocean Bhd (XKLS:0074) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.17, compared to a current price of RM0.09 — trading 47.1% below its estimated fair value. The current Current Ratio is 18.92, which is 130% above median its 10-year median of 8.22 and 993.6% above the Consumer Packaged Goods industry median of 1.73. 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 Green Ocean Bhd (XKLS:0074), the current Current Ratio is 18.92 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.
Green Ocean Corp Bhd is an investment holding company. The company is principally involved in the manufacturing and trading of gloves as well as the distribution and trading of food and beverage ("F&B") products. The company segment includes the Trading of gloves, the Distribution and trading of F&B, and others. The company generates the majority of its revenue from the Distribution and trading of F&B.
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