Chemlite Innovation BhdXKLS:0348 20 Current Ratio is 9.05 as of Mar. 2026, which is 63% above its 10-year median of 5.55. GuruFocus rates XKLS:0348 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 3,073 Industrial Products companies, Chemlite Innovation Bhd ranks better than 96.13% 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. Chemlite Innovation Bhd's current ratio for the quarter that ended in Mar. 2026 was 9.05.
Chemlite Innovation Bhd has a current ratio of 9.05. 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 Chemlite Innovation Bhd's Current Ratio or its related term are showing as below:
XKLS:0348'
s Current Ratio Range Over the Past 10 Years
Min: 1.48 Med: 5.55 Max: 9.05
Current: 9.05
During the past 5 years, Chemlite Innovation Bhd's highest Current Ratio was 9.05. The lowest was 1.48. And the median was 5.55.
XKLS:0348's Current Ratio is ranked better than 96.13% of 3073
companies
in the Industrial Products industry
Industry Median: 1.96
vs XKLS:0348: 9.05
Chemlite Innovation Bhd (XKLS:0348) 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.
Chemlite Innovation Bhd Current Ratio Related Terms
Chemlite Innovation Bhd Current Ratio Historical Data
* 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:0348 vs CRS, ATI, MLI: Current Ratio Comparison
For the Metal Fabrication subindustry, Chemlite Innovation 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.
Chemlite Innovation Bhd Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Chemlite Innovation Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where Chemlite Innovation 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.
Chemlite Innovation Bhd (XKLS:0348) has a Current Ratio of 9.05 as of Mar. 2026. This is 63% above median its historical median of 5.55. Over the past decade, Chemlite Innovation Bhd's Current Ratio has ranged from 1.48 to 9.05. According to the industry distribution chart, Chemlite Innovation Bhd ranks #119 out of 3073 companies in the Industrial Products industry, placing it in the top 3.9%.
Is Chemlite Innovation Bhd's Current Ratio too high?
Chemlite Innovation Bhd's current Current Ratio of 9.05 is 63% above median its 10-year median of 5.55. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 9.05. The Industrial Products industry median Current Ratio is 1.96. Chemlite Innovation Bhd's value of 9.05 is 361.7% above this industry median. Based on the distribution chart, Chemlite Innovation Bhd ranks #119 out of 3073 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Chemlite Innovation Bhd has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Chemlite Innovation Bhd's Current Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Chemlite Innovation Bhd ranks #119 out of 3073 companies for Current Ratio. This places Chemlite Innovation Bhd in the top 4% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.96. Chemlite Innovation Bhd's value of 9.05 is 361.7% above this benchmark. Historically, Chemlite Innovation Bhd's own Current Ratio has ranged from 1.48 to 9.05 over the past decade. While the company's 10-year median is 5.55 vs. the industry median of 1.96, Chemlite Innovation 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,073 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. Chemlite Innovation Bhd's current Current Ratio of 9.05 is 361.7% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemlite Innovation Bhd's current Current Ratio is 9.05, which is 63% above median its own 10-year median of 5.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemlite Innovation Bhd stock overvalued right now?
Chemlite Innovation Bhd (XKLS:0348) has a current Current Ratio of 9.05. The current Current Ratio is 9.05, which is 63% above median its 10-year median of 5.55 and 361.7% above the Industrial Products industry median of 1.96. Chemlite Innovation Bhd's overall GF Score™ is 20/100 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 Chemlite Innovation Bhd (XKLS:0348), the current Current Ratio is 9.05 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.
Chemlite Innovation Bhd operates in the engineering support industry. It provide surface finishing treatment services to companies operating in the semiconductor and E&E industries. It specialises in the provision of metal plating services on intermediate metal products, plating a composition of multi-layer metal coatings. It also provide non-metal plating services on intermediate metal products, which include anodising and other non-metal plating services. The company operates in two business segments: Metal plating and Non-metal plating. Key revenue is generated from Metal plating, which includes the deposition of additional layers of metal coatings onto the surface of the intermediate metal products. It generates maximum revenue from Malaysia.
20GF Score
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