Spring Art Holdings Bhd (XKLS:0216) Current Ratio: 5.16 (As of Mar. 2026) — Near Median


What is Spring Art Holdings Bhd Current Ratio?

Spring Art Holdings Bhd XKLS:0216 Current Ratio is 5.16 as of Mar. 2026, which is 2% below its 10-year median of 5.24. The stock has 3 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Spring Art Holdings Bhd ranks better than 90.09% 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. Spring Art Holdings Bhd's current ratio for the quarter that ended in Mar. 2026 was 5.16.

Spring Art Holdings Bhd has a current ratio of 5.16. 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 Spring Art Holdings Bhd's Current Ratio or its related term are showing as below:

XKLS:0216' s Current Ratio Range Over the Past 10 Years
Min: 2.21   Med: 5.24   Max: 12.49
Current: 5.16

During the past 11 years, Spring Art Holdings Bhd's highest Current Ratio was 12.49. The lowest was 2.21. And the median was 5.24.

XKLS:0216's Current Ratio is ranked better than
90.09% of 434 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.875 vs XKLS:0216: 5.16

Spring Art Holdings Bhd  (XKLS:0216) 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.


Spring Art Holdings Bhd Current Ratio Related Terms


Spring Art Holdings Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for Spring Art Holdings 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.

Spring Art Holdings Bhd Current Ratio Chart

Spring Art Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.11 5.24 3.97 6.16 5.95

Spring Art Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.32 4.29 5.30 5.95 5.16

XKLS:0216 vs SN, SGI, MHK: Current Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Spring Art 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.


Spring Art Holdings Bhd Current Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Spring Art Holdings Bhd's Current Ratio distribution charts can be found below:

* The bar in red indicates where Spring Art Holdings Bhd's Current Ratio falls into.



Spring Art Holdings Bhd Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Spring Art Holdings Bhd's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=35.305/5.938
=5.95

Spring Art Holdings Bhd's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=37.213/7.217
=5.16

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 5.16 mean?
Spring Art Holdings Bhd (XKLS:0216) has a Current Ratio of 5.16 as of Mar. 2026. This is near median its historical median of 5.24. Over the past decade, Spring Art Holdings Bhd's Current Ratio has ranged from 2.21 to 12.49. According to the industry distribution chart, Spring Art Holdings Bhd ranks #43 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 9.9%.
Is Spring Art Holdings Bhd's Current Ratio too high?
Spring Art Holdings Bhd's current Current Ratio of 5.16 is near median its 10-year median of 5.24. Over the past 10 years, this metric has ranged from a low of 2.21 to a high of 12.49. The Furnishings, Fixtures & Appliances industry median Current Ratio is 1.88. Spring Art Holdings Bhd's value of 5.16 is 175.2% above this industry median. Based on the distribution chart, Spring Art Holdings Bhd ranks #43 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers.
How does Spring Art Holdings Bhd's Current Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Spring Art Holdings Bhd ranks #43 out of 434 companies for Current Ratio. This places Spring Art Holdings Bhd in the top 10% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.88. Spring Art Holdings Bhd's value of 5.16 is 175.2% above this benchmark. Historically, Spring Art Holdings Bhd's own Current Ratio has ranged from 2.21 to 12.49 over the past decade. While the company's 10-year median is 5.24 vs. the industry median of 1.88, Spring Art Holdings 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 Furnishings, Fixtures & Appliances company?
The median Current Ratio among Furnishings, Fixtures & Appliances companies is 1.88, based on 434 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. Spring Art Holdings Bhd's current Current Ratio of 5.16 is 175.2% 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 Furnishings, Fixtures & Appliances industry, the median Current Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spring Art Holdings Bhd's current Current Ratio is 5.16, which is near median its own 10-year median of 5.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spring Art Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Spring Art Holdings Bhd (XKLS:0216) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.16, compared to a current price of RM0.10 — trading 37.5% below its estimated fair value. The current Current Ratio is 5.16, which is near median its 10-year median of 5.24 and 175.2% above the Furnishings, Fixtures & Appliances industry median of 1.88. 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 Spring Art Holdings Bhd (XKLS:0216), the current Current Ratio is 5.16 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.

Spring Art Holdings Bhd Business Description

Address Kawasan Perindustrian Bukit Pasir, Lot PLO 49, Jalan Rami 4, Bukit Pasir, Muar, JHR, MYS, 84300
Spring Art Holdings Bhd is involved in the manufacturing of ready-to-assemble furniture products, where it undertakes the design and development, manufacturing as well as marketing and sales of office furniture such as office workstations, filing cabinets and pedestals, bedroom furniture such as beds, night stands, wardrobes, dressing tables, dressing stools and study desks, living room furniture such as computer desks, television consoles, sideboards, shoe cabinets, bookshelves and drawer chests as well as other types of furniture such as dining tables and kitchen cabinets. The group has only one business segment, namely the design, development, manufacturing, marketing and sales of furniture products.