Ocean Fresh Bhd (XKLS:0312) Current Ratio: 6.07 (As of Mar. 2026) — 61% Above Median

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XKLS:0312 Ocean Fresh Bhd XKLS:0312
35 GF Score
Price RM0.13
! 5 Warning Signs
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What is Ocean Fresh Bhd Current Ratio?

Ocean Fresh Bhd XKLS:0312 -10.34% 35 Current Ratio is 6.07 as of Mar. 2026, which is 61% above its 10-year median of 3.78. GuruFocus rates XKLS:0312 with a GF Score™ of 35/100. The stock has 5 warning signs investors should review. Among 1,991 Consumer Packaged Goods companies, Ocean Fresh Bhd ranks better than 91.71% 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. Ocean Fresh Bhd's current ratio for the quarter that ended in Mar. 2026 was 6.07.

Ocean Fresh Bhd has a current ratio of 6.07. 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 Ocean Fresh Bhd's Current Ratio or its related term are showing as below:

XKLS:0312' s Current Ratio Range Over the Past 10 Years
Min: 1.8   Med: 3.78   Max: 6.66
Current: 6.07

During the past 6 years, Ocean Fresh Bhd's highest Current Ratio was 6.66. The lowest was 1.80. And the median was 3.78.

XKLS:0312's Current Ratio is ranked better than
91.71% of 1991 companies
in the Consumer Packaged Goods industry
Industry Median: 1.73 vs XKLS:0312: 6.07

Ocean Fresh Bhd  (XKLS:0312) 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.


Ocean Fresh Bhd Current Ratio Related Terms


Ocean Fresh Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for Ocean Fresh 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.

Ocean Fresh Bhd Current Ratio Chart

Ocean Fresh Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial 2.03 3.10 3.07 3.50 6.66

Ocean Fresh Bhd Quarterly Data
Dec20 Dec21 Dec22 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 3.78 3.83 5.84 6.66 6.07

XKLS:0312 vs KHC, GIS: Current Ratio Comparison

For the Packaged Foods subindustry, Ocean Fresh 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.


Ocean Fresh Bhd Current Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ocean Fresh Bhd's Current Ratio distribution charts can be found below:

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


XKLS:0312
35GF Score
Ocean Fresh Bhd XKLS:0312
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ocean Fresh 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.

Ocean Fresh 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 )
=58.559/8.789
=6.66

Ocean Fresh 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 )
=59.627/9.83
=6.07

* 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 6.07 mean?
Ocean Fresh Bhd (XKLS:0312) has a Current Ratio of 6.07 as of Mar. 2026. This is 61% above median its historical median of 3.78. Over the past decade, Ocean Fresh Bhd's Current Ratio has ranged from 1.80 to 6.66. According to the industry distribution chart, Ocean Fresh Bhd ranks #165 out of 1991 companies in the Consumer Packaged Goods industry, placing it in the top 8.3%.
Is Ocean Fresh Bhd's Current Ratio too high?
Ocean Fresh Bhd's current Current Ratio of 6.07 is 61% above median its 10-year median of 3.78. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 6.66. The Consumer Packaged Goods industry median Current Ratio is 1.73. Ocean Fresh Bhd's value of 6.07 is 250.9% above this industry median. Based on the distribution chart, Ocean Fresh Bhd ranks #165 out of 1991 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Ocean Fresh Bhd has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Ocean Fresh Bhd's Current Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ocean Fresh Bhd ranks #165 out of 1991 companies for Current Ratio. This places Ocean Fresh Bhd in the top 8% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.73. Ocean Fresh Bhd's value of 6.07 is 250.9% above this benchmark. Historically, Ocean Fresh Bhd's own Current Ratio has ranged from 1.80 to 6.66 over the past decade. While the company's 10-year median is 3.78 vs. the industry median of 1.73, Ocean Fresh 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 Consumer Packaged Goods company?
The median Current Ratio among Consumer Packaged Goods companies is 1.73, based on 1,991 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. Ocean Fresh Bhd's current Current Ratio of 6.07 is 250.9% 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. Ocean Fresh Bhd's current Current Ratio is 6.07, which is 61% above median its own 10-year median of 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Fresh Bhd stock overvalued right now?
Ocean Fresh Bhd (XKLS:0312) has a current Current Ratio of 6.07. The current Current Ratio is 6.07, which is 61% above median its 10-year median of 3.78 and 250.9% above the Consumer Packaged Goods industry median of 1.73. Ocean Fresh Bhd's overall GF Score™ is 35/100 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 Ocean Fresh Bhd (XKLS:0312), the current Current Ratio is 6.07 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.

Ocean Fresh Bhd Business Description

Address Lot 19869, Kampung Baru Peramu, Kuantan, PHG, MYS, 26060
Ocean Fresh Bhd is principally engaged in the business of investment holding. It is a main seafood processing and trading company specialising in frozen seafood products, with a focus on molluscs, fish, and other seafood categories. The Group operates principally within one segment, that is, processing and trading of frozen seafood products. The company has presence in Malaysia, China, Turkey, Thailand, Vietnam, Japan, United States, Italy, Philipines, and Others. The company generates majority of revenue from Turkey. The company's products are Abalone, Ark Shell Meat, Bonito, Cuttlefish, Leather Jacket, Mackerel, Octopus, Pomfret, Prawn, Ribbonfish, Sea Cucumber, Squid, and Tuna.
35GF 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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