Asia Poly Holdings BhdXKLS:0105 +8.33% Current Ratio is 1.66 as of Mar. 2026, which is 8% below its 10-year median of 1.80. The stock has 6 warning signs investors should review. Among 1,609 Chemicals companies, Asia Poly Holdings Bhd ranks worse than 58.67% 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. Asia Poly Holdings Bhd's current ratio for the quarter that ended in Mar. 2026 was 1.66.
Asia Poly Holdings Bhd has a current ratio of 1.66. It generally indicates good short-term financial strength.
The historical rank and industry rank for Asia Poly Holdings Bhd's Current Ratio or its related term are showing as below:
XKLS:0105'
s Current Ratio Range Over the Past 10 Years
Min: 1.29 Med: 1.8 Max: 3.03
Current: 1.66
During the past 13 years, Asia Poly Holdings Bhd's highest Current Ratio was 3.03. The lowest was 1.29. And the median was 1.80.
XKLS:0105's Current Ratio is ranked worse than 58.67% of 1609
companies
in the Chemicals industry
Industry Median: 1.89
vs XKLS:0105: 1.66
Asia Poly Holdings Bhd (XKLS:0105) 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.
Asia Poly Holdings Bhd Current Ratio Related Terms
Asia Poly Holdings 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:0105 vs LIN, SHW, ECL: Current Ratio Comparison
For the Specialty Chemicals subindustry, Asia Poly Holdings 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.
Asia Poly Holdings Bhd Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Asia Poly Holdings Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where Asia Poly Holdings 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.
Asia Poly Holdings Bhd (XKLS:0105) has a Current Ratio of 1.66 as of Mar. 2026. This is near median its historical median of 1.80. Over the past decade, Asia Poly Holdings Bhd's Current Ratio has ranged from 1.29 to 3.03. According to the industry distribution chart, Asia Poly Holdings Bhd ranks #944 out of 1609 companies in the Chemicals industry, placing it in the top 58.7%.
Is Asia Poly Holdings Bhd's Current Ratio too high?
Asia Poly Holdings Bhd's current Current Ratio of 1.66 is near median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 3.03. The Chemicals industry median Current Ratio is 1.89. Asia Poly Holdings Bhd's value of 1.66 is 12.2% below this industry median. Based on the distribution chart, Asia Poly Holdings Bhd ranks #944 out of 1609 companies in the Chemicals industry, which is below the industry midpoint.
How does Asia Poly Holdings Bhd's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asia Poly Holdings Bhd ranks #944 out of 1609 companies for Current Ratio. This places Asia Poly Holdings Bhd in the lower half of its industry. The industry median Current Ratio is 1.89. Asia Poly Holdings Bhd's value of 1.66 is 12.2% below this benchmark. Historically, Asia Poly Holdings Bhd's own Current Ratio has ranged from 1.29 to 3.03 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 1.89, Asia Poly Holdings Bhd has consistently been below 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,609 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. Asia Poly Holdings Bhd's current Current Ratio of 1.66 is 12.2% below 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Poly Holdings Bhd's current Current Ratio is 1.66, which is near median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Poly Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Asia Poly Holdings Bhd (XKLS:0105) is currently considered Fairly Valued. The stock's GF Value™ is RM0.07, compared to a current price of RM0.07 — trading 7.1% below its estimated fair value. The current Current Ratio is 1.66, which is near median its 10-year median of 1.80 and 12.2% below the Chemicals industry median of 1.89. 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 Asia Poly Holdings Bhd (XKLS:0105), the current Current Ratio is 1.66 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.
Asia Poly Holdings Bhd is engaged in the business of investment holding. Through its subsidiary, it is engaged in the manufacturing and selling of acrylic products (acrylic sheets and acrylic blocks) in various types and sizes. It manufactures a wide range of cast acrylic sheet products, which are available in various specifications such as clear, tinted, opaque, and fluorescent. Its segments are Investment holdings, including Investment holding company; Manufacturing consists of Manufacturing of cast acrylic products; Property development provides Property development; Renewable energy offers Renewable energy from biogas plant; and Others - Others not reported in the above segments. Geographically, it operates in Malaysia, Europe, India, the Middle East, the United States, and Others.
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