Topmix Bhd (XKLS:0302) Current Ratio: 5.68 (As of Mar. 2026) — 11% Above Median


XKLS:0302 Topmix Bhd XKLS:0302
48 GF Score
Price RM0.42
! 2 Warning Signs
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What is Topmix Bhd Current Ratio?

Topmix Bhd XKLS:0302 -1.18% 48 Current Ratio is 5.68 as of Mar. 2026, which is 11% above its 10-year median of 5.10. GuruFocus rates XKLS:0302 with a GF Score™ of 48/100. The stock has 2 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Topmix Bhd ranks better than 91.69% 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. Topmix Bhd's current ratio for the quarter that ended in Mar. 2026 was 5.68.

Topmix Bhd has a current ratio of 5.68. 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 Topmix Bhd's Current Ratio or its related term are showing as below:

XKLS:0302' s Current Ratio Range Over the Past 10 Years
Min: 2.54   Med: 5.1   Max: 5.94
Current: 5.68

During the past 6 years, Topmix Bhd's highest Current Ratio was 5.94. The lowest was 2.54. And the median was 5.10.

XKLS:0302's Current Ratio is ranked better than
91.69% of 433 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.86 vs XKLS:0302: 5.68

Topmix Bhd  (XKLS:0302) 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.


Topmix Bhd Current Ratio Related Terms


Topmix Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for Topmix 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.

Topmix Bhd Current Ratio Chart

Topmix Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial 2.54 3.29 3.32 5.47 5.10

Topmix Bhd Quarterly Data
Dec20 Dec21 Dec22 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 5.42 4.50 5.94 5.10 5.68

XKLS:0302 vs SN, SGI, MHK: Current Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Topmix 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.


Topmix Bhd Current Ratio vs Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Topmix Bhd's Current Ratio falls into.


XKLS:0302
48GF Score
Topmix Bhd XKLS:0302
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Topmix 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.

Topmix 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 )
=86.805/17.015
=5.10

Topmix 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 )
=83.902/14.784
=5.68

* 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 5.68 mean?
Topmix Bhd (XKLS:0302) has a Current Ratio of 5.68 as of Mar. 2026. This is 11% above median its historical median of 5.10. Over the past decade, Topmix Bhd's Current Ratio has ranged from 2.54 to 5.94. According to the industry distribution chart, Topmix Bhd ranks #36 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 8.3%.
Is Topmix Bhd's Current Ratio too high?
Topmix Bhd's current Current Ratio of 5.68 is 11% above median its 10-year median of 5.10. Over the past 10 years, this metric has ranged from a low of 2.54 to a high of 5.94. The Furnishings, Fixtures & Appliances industry median Current Ratio is 1.86. Topmix Bhd's value of 5.68 is 205.4% above this industry median. Based on the distribution chart, Topmix Bhd ranks #36 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Topmix Bhd has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Topmix Bhd's Current Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Topmix Bhd ranks #36 out of 433 companies for Current Ratio. This places Topmix Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.86. Topmix Bhd's value of 5.68 is 205.4% above this benchmark. Historically, Topmix Bhd's own Current Ratio has ranged from 2.54 to 5.94 over the past decade. While the company's 10-year median is 5.10 vs. the industry median of 1.86, Topmix 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 1.86, based on 433 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. Topmix Bhd's current Current Ratio of 5.68 is 205.4% 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 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topmix Bhd's current Current Ratio is 5.68, which is 11% above median its own 10-year median of 5.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topmix Bhd stock overvalued right now?
Topmix Bhd (XKLS:0302) has a current Current Ratio of 5.68. The current Current Ratio is 5.68, which is 11% above median its 10-year median of 5.10 and 205.4% above the Furnishings, Fixtures & Appliances industry median of 1.86. Topmix Bhd's overall GF Score™ is 48/100 with 2 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 Topmix Bhd (XKLS:0302), the current Current Ratio is 5.68 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.

Topmix Bhd Business Description

Address 8 & 10, Jalan Bistari 11, Taman Industri Jaya, Skudai, JHR, MYS, 81300
Topmix Bhd is an investment holding company. The Group markets and distributes decorative surface products under its proprietary brands, including HPL, compact panels, wall panels, MFC, and other decorative surfaces. It also undertakes in-house product design and collaborates with third-party decor paper suppliers to develop surface designs and finishes for commercial and residential interior applications, such as wall finishes, countertops, furniture, fixtures, and display systems. The Group operates through two business segments: Trading, which involves the wholesale and trading of high-pressure laminated sheets and merchandise of all kinds, and Others, which involves investment holding. The majority of its revenue is derived from Malaysia.
48GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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