XKLS:3042's Current Ratio is ranked better than 50.69% of 1014
companies
in the Oil & Gas industry
Industry Median: 1.345
vs XKLS:3042: 1.36
Petron Malaysia Refining & Marketing Bhd (XKLS:3042) 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.
Petron Malaysia Refining & Marketing Bhd Current Ratio Related Terms
Petron Malaysia Refining & Marketing 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.
Petron Malaysia Refining & Marketing Bhd Current Ratio Chart
Petron Malaysia Refining & Marketing Bhd Annual Data
XKLS:3042 vs VLO, MPC, PSX: Current Ratio Comparison
For the Oil & Gas Refining & Marketing subindustry, Petron Malaysia Refining & Marketing 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.
Petron Malaysia Refining & Marketing Bhd Current Ratio vs Oil & Gas Industry
* 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.
Petron Malaysia Refining & Marketing Bhd (XKLS:3042) has a Current Ratio of 1.36 as of Mar. 2026. This is 11% above median its historical median of 1.23. Over the past decade, Petron Malaysia Refining & Marketing Bhd's Current Ratio has ranged from 0.72 to 2.01. According to the industry distribution chart, Petron Malaysia Refining & Marketing Bhd ranks #500 out of 1014 companies in the Oil & Gas industry, placing it in the top 49.3%.
Is Petron Malaysia Refining & Marketing Bhd's Current Ratio too high?
Petron Malaysia Refining & Marketing Bhd's current Current Ratio of 1.36 is 11% above median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 2.01. The Oil & Gas industry median Current Ratio is 1.35. Petron Malaysia Refining & Marketing Bhd's value of 1.36 is 1.1% above this industry median. Based on the distribution chart, Petron Malaysia Refining & Marketing Bhd ranks #500 out of 1014 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Petron Malaysia Refining & Marketing Bhd has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Petron Malaysia Refining & Marketing Bhd's Current Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Petron Malaysia Refining & Marketing Bhd ranks #500 out of 1014 companies for Current Ratio. This puts Petron Malaysia Refining & Marketing Bhd in the upper half of its industry. The industry median Current Ratio is 1.35. Petron Malaysia Refining & Marketing Bhd's value of 1.36 is 1.1% above this benchmark. Historically, Petron Malaysia Refining & Marketing Bhd's own Current Ratio has ranged from 0.72 to 2.01 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 1.35, Petron Malaysia Refining & Marketing 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 Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.35, based on 1,014 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. Petron Malaysia Refining & Marketing Bhd's current Current Ratio of 1.36 is 1.1% 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 Oil & Gas industry, the median Current Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petron Malaysia Refining & Marketing Bhd's current Current Ratio is 1.36, which is 11% above median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petron Malaysia Refining & Marketing Bhd stock overvalued right now?
Based on GuruFocus' analysis, Petron Malaysia Refining & Marketing Bhd (XKLS:3042) is currently considered Fairly Valued. The stock's GF Value™ is RM3.29, compared to a current price of RM3.45 — trading 4.9% above its estimated fair value. The current Current Ratio is 1.36, which is 11% above median its 10-year median of 1.23 and 1.1% above the Oil & Gas industry median of 1.35. Petron Malaysia Refining & Marketing Bhd's overall GF Score™ is 78/100 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 Petron Malaysia Refining & Marketing Bhd (XKLS:3042), the current Current Ratio is 1.36 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.
Is Petron Malaysia Refining & Marketing Bhd (XKLS:3042) Overvalued in 2026?
Based on GuruFocus' analysis, Petron Malaysia Refining & Marketing Bhd stock appears to be overvalued.
The current stock price of RM3.45 is trading 4.9% above its estimated GF Value™ of RM3.29.
GuruFocus considers Petron Malaysia Refining & Marketing Bhd to be Fairly Valued.
Key valuation signals for XKLS:3042:
Current Ratio: 1.36 (11% above median its 10-year median of 1.23)
GF Value™: RM3.29 vs. price of RM3.45 (4.9% above fair value)
Industry Position: 1.1% above the Oil & Gas median (#500 of 1014)
No single metric tells the full story. See the XKLS:3042 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petron Malaysia Refining & Marketing Bhd Business Description
Petron Malaysia Refining & Marketing Bhd is an oil company engaged in manufacturing and marketing a wide range of petroleum products, which include Gasoline, Automotive Diesel Oil (ADO), Liquefied Petroleum Gas (LPG), Jet Fuel, Naphtha, and Low Sulphur Waxy Residue. The company generates revenue from the sale of petroleum products to Retail and Commercial customers in various geographical locations. Geographically, a majority of its revenue is derived from Malaysia and the rest from Singapore.
78GF Score
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