YGL Convergence BhdXKLS:0086 +6.25% Current Ratio is 2.13 as of Mar. 2026, which is 12% below its 10-year median of 2.41. The stock has 4 warning signs investors should review. Among 2,495 Hardware companies, YGL Convergence Bhd ranks better than 55.03% 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. YGL Convergence Bhd's current ratio for the quarter that ended in Mar. 2026 was 2.13.
YGL Convergence Bhd has a current ratio of 2.13. It generally indicates good short-term financial strength.
The historical rank and industry rank for YGL Convergence Bhd's Current Ratio or its related term are showing as below:
XKLS:0086'
s Current Ratio Range Over the Past 10 Years
Min: 1.29 Med: 2.41 Max: 4.45
Current: 2.13
During the past 13 years, YGL Convergence Bhd's highest Current Ratio was 4.45. The lowest was 1.29. And the median was 2.41.
XKLS:0086's Current Ratio is ranked better than 55.03% of 2495
companies
in the Hardware industry
Industry Median: 1.96
vs XKLS:0086: 2.13
YGL Convergence Bhd (XKLS:0086) 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.
YGL Convergence Bhd Current Ratio Related Terms
YGL Convergence Bhd Current Ratio Historical Data
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The historical data trend for YGL Convergence 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:0086 vs SNX, ARW, AVT: Current Ratio Comparison
For the Electronics & Computer Distribution subindustry, YGL Convergence 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.
YGL Convergence Bhd Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, YGL Convergence Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where YGL Convergence 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.
YGL Convergence Bhd (XKLS:0086) has a Current Ratio of 2.13 as of Mar. 2026. This is 12% below median its historical median of 2.41. Over the past decade, YGL Convergence Bhd's Current Ratio has ranged from 1.29 to 4.45. According to the industry distribution chart, YGL Convergence Bhd ranks #1122 out of 2495 companies in the Hardware industry, placing it in the top 45%.
Is YGL Convergence Bhd's Current Ratio too high?
YGL Convergence Bhd's current Current Ratio of 2.13 is 12% below median its 10-year median of 2.41. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 4.45. The Hardware industry median Current Ratio is 1.96. YGL Convergence Bhd's value of 2.13 is 8.7% above this industry median. Based on the distribution chart, YGL Convergence Bhd ranks #1122 out of 2495 companies in the Hardware industry, which is above the industry midpoint.
How does YGL Convergence Bhd's Current Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, YGL Convergence Bhd ranks #1122 out of 2495 companies for Current Ratio. This puts YGL Convergence Bhd in the upper half of its industry. The industry median Current Ratio is 1.96. YGL Convergence Bhd's value of 2.13 is 8.7% above this benchmark. Historically, YGL Convergence Bhd's own Current Ratio has ranged from 1.29 to 4.45 over the past decade. While the company's 10-year median is 2.41 vs. the industry median of 1.96, YGL Convergence 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 Hardware company?
The median Current Ratio among Hardware companies is 1.96, based on 2,495 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. YGL Convergence Bhd's current Current Ratio of 2.13 is 8.7% 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 Hardware 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. YGL Convergence Bhd's current Current Ratio is 2.13, which is 12% below median its own 10-year median of 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YGL Convergence Bhd stock overvalued right now?
Based on GuruFocus' analysis, YGL Convergence Bhd (XKLS:0086) is currently considered Fairly Valued. The stock's GF Value™ is RM0.08, compared to a current price of RM0.09 — trading 6.3% above its estimated fair value. The current Current Ratio is 2.13, which is 12% below median its 10-year median of 2.41 and 8.7% above the Hardware 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 YGL Convergence Bhd (XKLS:0086), the current Current Ratio is 2.13 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.
YGL Convergence Bhd is principally engaged in the marketing and distribution of computer software and hardware, and the provision of professional services. The Group's reportable segments include Software Implementation, which involves software installation, commissioning, support, and maintenance services and related activities; the Solar Panel Installation segment, which provides engineering, procurement, construction, and commissioning services in solar energy solutions and related services; and Investment Holding. The majority of the company's revenue is derived from software and panel installations. The company's geographical segments include Malaysia and Hong Kong, with Malaysia contributing the majority of its revenue.
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