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. Sedania Innovator Bhd's current ratio for the quarter that ended in Jun. 2024 was 2.27.
Sedania Innovator Bhd has a current ratio of 2.27. It generally indicates good short-term financial strength.
The historical rank and industry rank for Sedania Innovator Bhd's Current Ratio or its related term are showing as below:
XKLS:0178's Current Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.73 * Ranked among companies with meaningful Current Ratio only.
Sedania Innovator Bhd (XKLS:0178) 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.
Sedania Innovator Bhd Current Ratio Related Terms
Sedania Innovator Bhd Current Ratio Historical Data
* Premium members only.
The historical data trend for Sedania Innovator 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:0178 vs PG, CL, KMB: Current Ratio Comparison
For the Household & Personal Products subindustry, Sedania Innovator 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.
Sedania Innovator Bhd Current Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Sedania Innovator Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where Sedania Innovator 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.
Sedania Innovator Bhd (XKLS:0178) has a Current Ratio of 2.27 as of Jun. 2024.
Is Sedania Innovator Bhd's Current Ratio too high?
Sedania Innovator Bhd's current Current Ratio is 2.27. The Consumer Packaged Goods industry median Current Ratio is 1.73. Sedania Innovator Bhd's value of 2.27 is 31.2% above this industry median.
How does Sedania Innovator Bhd's Current Ratio compare to PG and CL?
Sedania Innovator Bhd's Current Ratio of 2.27 can be compared against companies in the Consumer Packaged Goods industry. The industry median Current Ratio is 1.73. Sedania Innovator Bhd's value of 2.27 is 31.2% above this benchmark. 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 1,987 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. Sedania Innovator Bhd's current Current Ratio of 2.27 is 31.2% 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. Sedania Innovator Bhd's current Current Ratio is 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sedania Innovator Bhd stock overvalued right now?
Sedania Innovator Bhd (XKLS:0178) has a current Current Ratio of 2.27. The current Current Ratio is 2.27 and 31.2% 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 Sedania Innovator Bhd (XKLS:0178), the current Current Ratio is 2.27 as of Jun. 2024. 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.
Sedania Innovator Bhd is an investment holding company. Along with its subsidiaries, the company provides energy efficiency and renewable energy solutions, digital and telecommunication solutions, Shariah-compliant banking platforms, and health products. It operates in the following reportable segments: Sustainable fast-moving consumer goods (FMCG), Sustainable Energy, and Sustainable consumer technology. Maximum revenue is generated from its Sustainable FMCG segment, which offers essential, eco-friendly products focused on mother care, healthcare, personal care, household, and baby products designed for health-conscious families. Geographically, the company derives a majority of its revenue from Malaysia and the rest from Europe, Other Asian countries, and other regions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:0178 has been successfully added to your 