SIK Cheong Bhd (XKLS:0316) Current Ratio: 12.07 (As of Mar. 2026) — Near Median


XKLS:0316 SIK Cheong Bhd XKLS:0316
43 GF Score
Price RM0.12
! 3 Warning Signs
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What is SIK Cheong Bhd Current Ratio?

SIK Cheong Bhd XKLS:0316 -4.17% 43 Current Ratio is 12.07 as of Mar. 2026, which is 4% above its 10-year median of 11.57. GuruFocus rates XKLS:0316 with a GF Score™ of 43/100. The stock has 3 warning signs investors should review. Among 1,985 Consumer Packaged Goods companies, SIK Cheong Bhd ranks better than 96.78% 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. SIK Cheong Bhd's current ratio for the quarter that ended in Mar. 2026 was 12.07.

SIK Cheong Bhd has a current ratio of 12.07. 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 SIK Cheong Bhd's Current Ratio or its related term are showing as below:

XKLS:0316' s Current Ratio Range Over the Past 10 Years
Min: 3.3   Med: 11.57   Max: 16.22
Current: 12.07

During the past 6 years, SIK Cheong Bhd's highest Current Ratio was 16.22. The lowest was 3.30. And the median was 11.57.

XKLS:0316's Current Ratio is ranked better than
96.78% of 1985 companies
in the Consumer Packaged Goods industry
Industry Median: 1.73 vs XKLS:0316: 12.07

SIK Cheong Bhd  (XKLS:0316) 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.


SIK Cheong Bhd Current Ratio Related Terms


SIK Cheong Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for SIK Cheong 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.

SIK Cheong Bhd Current Ratio Chart

SIK Cheong Bhd Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 11.81 4.76 3.30 11.33 12.07

SIK Cheong Bhd Quarterly Data
Mar21 Mar22 Mar23 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 11.33 15.77 10.78 13.27 12.07

XKLS:0316 vs KHC, GIS: Current Ratio Comparison

For the Packaged Foods subindustry, SIK Cheong 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.


SIK Cheong Bhd Current Ratio vs Consumer Packaged Goods Industry

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

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


XKLS:0316
43GF Score
SIK Cheong Bhd XKLS:0316
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SIK Cheong 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.

SIK Cheong Bhd's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=30.22/2.503
=12.07

SIK Cheong 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 )
=30.22/2.503
=12.07

* 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 12.07 mean?
SIK Cheong Bhd (XKLS:0316) has a Current Ratio of 12.07 as of Mar. 2026. This is near median its historical median of 11.57. Over the past decade, SIK Cheong Bhd's Current Ratio has ranged from 3.30 to 16.22. According to the industry distribution chart, SIK Cheong Bhd ranks #64 out of 1985 companies in the Consumer Packaged Goods industry, placing it in the top 3.2%.
Is SIK Cheong Bhd's Current Ratio too high?
SIK Cheong Bhd's current Current Ratio of 12.07 is near median its 10-year median of 11.57. Over the past 10 years, this metric has ranged from a low of 3.30 to a high of 16.22. The Consumer Packaged Goods industry median Current Ratio is 1.73. SIK Cheong Bhd's value of 12.07 is 597.7% above this industry median. Based on the distribution chart, SIK Cheong Bhd ranks #64 out of 1985 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, SIK Cheong Bhd has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does SIK Cheong Bhd's Current Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, SIK Cheong Bhd ranks #64 out of 1985 companies for Current Ratio. This places SIK Cheong Bhd in the top 3% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.73. SIK Cheong Bhd's value of 12.07 is 597.7% above this benchmark. Historically, SIK Cheong Bhd's own Current Ratio has ranged from 3.30 to 16.22 over the past decade. While the company's 10-year median is 11.57 vs. the industry median of 1.73, SIK Cheong 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 1,985 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. SIK Cheong Bhd's current Current Ratio of 12.07 is 597.7% 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. SIK Cheong Bhd's current Current Ratio is 12.07, which is near median its own 10-year median of 11.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIK Cheong Bhd stock overvalued right now?
SIK Cheong Bhd (XKLS:0316) has a current Current Ratio of 12.07. The current Current Ratio is 12.07, which is near median its 10-year median of 11.57 and 597.7% above the Consumer Packaged Goods industry median of 1.73. SIK Cheong Bhd's overall GF Score™ is 43/100 with 3 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 SIK Cheong Bhd (XKLS:0316), the current Current Ratio is 12.07 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.

SIK Cheong Bhd Business Description

Address No. 11, Jalan 6/14, Kampung Tasik Tambahan, Darul Ehsan, Ampang, SGR, MYS, 68000
SIK Cheong Bhd is involved in the repackaging, marketing and distribution of RBD palm olein oil products. Its products include RBD palm olein cooking oil, which are sold under brands, Sawit Emas and Vitamas, or sold unbranded and also sell RBD palm olein lamp oil under brand, Pingat Emas. The company products are consumed and used commercially and in households.
43GF Score

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