Tex Cycle Technology (M) BhdXKLS:0089 +1.96%84 Current Ratio is 3.37 as of Mar. 2026, which is 48% below its 10-year median of 6.49. GuruFocus rates XKLS:0089 with a GF Score™ of 84/100 and a GF Value™ of RM1.90 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 246 Waste Management companies, Tex Cycle Technology (M) Bhd ranks better than 81.3% 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. Tex Cycle Technology (M) Bhd's current ratio for the quarter that ended in Mar. 2026 was 3.37.
Tex Cycle Technology (M) Bhd has a current ratio of 3.37. 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 Tex Cycle Technology (M) Bhd's Current Ratio or its related term are showing as below:
XKLS:0089'
s Current Ratio Range Over the Past 10 Years
Min: 1.88 Med: 6.49 Max: 12.17
Current: 3.37
During the past 13 years, Tex Cycle Technology (M) Bhd's highest Current Ratio was 12.17. The lowest was 1.88. And the median was 6.49.
XKLS:0089's Current Ratio is ranked better than 81.3% of 246
companies
in the Waste Management industry
Industry Median: 1.54
vs XKLS:0089: 3.37
Tex Cycle Technology (M) Bhd (XKLS:0089) 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.
Tex Cycle Technology (M) Bhd Current Ratio Related Terms
Tex Cycle Technology (M) Bhd Current Ratio Historical Data
* 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:0089 vs WM, RSG, WCN: Current Ratio Comparison
For the Waste Management subindustry, Tex Cycle Technology (M) 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.
Tex Cycle Technology (M) Bhd Current Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Tex Cycle Technology (M) Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where Tex Cycle Technology (M) 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.
Tex Cycle Technology (M) Bhd (XKLS:0089) has a Current Ratio of 3.37 as of Mar. 2026. This is 48% below median its historical median of 6.49. Over the past decade, Tex Cycle Technology (M) Bhd's Current Ratio has ranged from 1.88 to 12.17. According to the industry distribution chart, Tex Cycle Technology (M) Bhd ranks #46 out of 246 companies in the Waste Management industry, placing it in the top 18.7%.
Is Tex Cycle Technology (M) Bhd's Current Ratio too high?
Tex Cycle Technology (M) Bhd's current Current Ratio of 3.37 is 48% below median its 10-year median of 6.49. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 12.17. The Waste Management industry median Current Ratio is 1.54. Tex Cycle Technology (M) Bhd's value of 3.37 is 118.8% above this industry median. Based on the distribution chart, Tex Cycle Technology (M) Bhd ranks #46 out of 246 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Tex Cycle Technology (M) Bhd has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tex Cycle Technology (M) Bhd's Current Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Tex Cycle Technology (M) Bhd ranks #46 out of 246 companies for Current Ratio. This places Tex Cycle Technology (M) Bhd in the top 19% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.54. Tex Cycle Technology (M) Bhd's value of 3.37 is 118.8% above this benchmark. Historically, Tex Cycle Technology (M) Bhd's own Current Ratio has ranged from 1.88 to 12.17 over the past decade. While the company's 10-year median is 6.49 vs. the industry median of 1.54, Tex Cycle Technology (M) 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 Waste Management company?
The median Current Ratio among Waste Management companies is 1.54, based on 246 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. Tex Cycle Technology (M) Bhd's current Current Ratio of 3.37 is 118.8% 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 Waste Management industry, the median Current Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tex Cycle Technology (M) Bhd's current Current Ratio is 3.37, which is 48% below median its own 10-year median of 6.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tex Cycle Technology (M) Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tex Cycle Technology (M) Bhd (XKLS:0089) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.90, compared to a current price of RM1.04 — trading 45.3% below its estimated fair value. The current Current Ratio is 3.37, which is 48% below median its 10-year median of 6.49 and 118.8% above the Waste Management industry median of 1.54. Tex Cycle Technology (M) Bhd's overall GF Score™ is 84/100 with 5 warning signs to review. 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 Tex Cycle Technology (M) Bhd (XKLS:0089), the current Current Ratio is 3.37 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.
Is Tex Cycle Technology (M) Bhd (XKLS:0089) Overvalued in 2026?
Based on GuruFocus' analysis, Tex Cycle Technology (M) Bhd stock appears to be undervalued.
The current stock price of RM1.04 is trading 45.3% below its estimated GF Value™ of RM1.90.
GuruFocus considers Tex Cycle Technology (M) Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0089:
Current Ratio: 3.37 (48% below median its 10-year median of 6.49)
GF Value™: RM1.90 vs. price of RM1.04 (45.3% below fair value)
Industry Position: 118.8% above the Waste Management median (#46 of 246)
No single metric tells the full story. See the XKLS:0089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tex Cycle Technology (M) Bhd is engaged in the provision of recovery and recycling of scheduled waste. It operates in six segments. The investment holding segment comprises investing in property and unquoted securities on a long-term basis; the recovery and recycling services segment comprises the provision of waste recovery and recycling services, and rental of recycled products; the rental of investment property segment; trading segment comprises trading of chemicals and other products; renewable energy segment includes the provision of equipment and consultancy services related to renewable energy; and others segment. The majority of company's revenue comes from the recovery and recycling services segment.
84GF Score
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