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. George Kent Malaysia Bhd's current ratio for the quarter that ended in Dec. 2024 was 4.49.
George Kent Malaysia Bhd has a current ratio of 4.49. 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 George Kent Malaysia Bhd's Current Ratio or its related term are showing as below:
XKLS:3204'
s Current Ratio Range Over the Past 10 Years
Min: 1.39 Med: 2.15 Max: 5.07
Current: 4.49
During the past 13 years, George Kent Malaysia Bhd's highest Current Ratio was 5.07. The lowest was 1.39. And the median was 2.15.
XKLS:3204's Current Ratio is ranked better than 93.11% of 1742
companies
in the Construction industry
Industry Median: 1.54
vs XKLS:3204: 4.49
George Kent Malaysia 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.
Competitive Comparison of George Kent Malaysia Bhd's Current Ratio
For the Engineering & Construction subindustry, George Kent Malaysia 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.
George Kent Malaysia Bhd's Current Ratio Distribution in the Construction Industry
For the Construction industry and Industrials sector, George Kent Malaysia Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where George Kent Malaysia 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.
George Kent Malaysia Bhd (XKLS:3204) 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.
George Kent Malaysia Bhd Current Ratio Related Terms
Thank you for viewing the detailed overview of George Kent Malaysia Bhd's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
George Kent Malaysia Bhd is an engineering company involved in manufacturing, trading, and investment, development of services development of water infrastructure projects, and provision of construction services. Its core businesses are in the water and construction industries. The company exports its products to Singapore, Thailand, Vietnam, Myanmar, Cambodia, Philippines, Papua New Guinea, Australia, Hong Kong, Sri Lanka, Kenya, South Africa, South America, and the United Kingdom. It operates through the following segments: Engineering, Metering, and Others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKLS:3204 has been successfully added to your 