TAS Offshore Bhd (XKLS:5149) Current Ratio: 2.26 (As of Feb. 2026) — 33% Above Median


XKLS:5149 TAS Offshore Bhd XKLS:5149
54 GF Score
Price RM0.50
GF Value RM0.86
Valuation Significantly Undervalued
! 3 Warning Signs
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What is TAS Offshore Bhd Current Ratio?

TAS Offshore Bhd XKLS:5149 54 Current Ratio is 2.26 as of Feb. 2026, which is 33% above its 10-year median of 1.70. GuruFocus rates XKLS:5149 with a GF Score™ of 54/100 and a GF Value™ of RM0.86 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 357 Aerospace & Defense companies, TAS Offshore Bhd ranks better than 58.82% 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. TAS Offshore Bhd's current ratio for the quarter that ended in Feb. 2026 was 2.26.

TAS Offshore Bhd has a current ratio of 2.26. It generally indicates good short-term financial strength.

The historical rank and industry rank for TAS Offshore Bhd's Current Ratio or its related term are showing as below:

XKLS:5149' s Current Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.7   Max: 3.95
Current: 2.26

During the past 13 years, TAS Offshore Bhd's highest Current Ratio was 3.95. The lowest was 1.13. And the median was 1.70.

XKLS:5149's Current Ratio is ranked better than
58.82% of 357 companies
in the Aerospace & Defense industry
Industry Median: 1.93 vs XKLS:5149: 2.26

TAS Offshore Bhd  (XKLS:5149) 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.


TAS Offshore Bhd Current Ratio Related Terms


TAS Offshore Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for TAS Offshore 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.

TAS Offshore Bhd Current Ratio Chart

TAS Offshore Bhd Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.18 3.95 1.91 1.56 1.71

TAS Offshore Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.68 1.71 1.93 2.25 2.26

XKLS:5149 vs SPCX, GE, RTX: Current Ratio Comparison

For the Aerospace & Defense subindustry, TAS Offshore 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.


TAS Offshore Bhd Current Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, TAS Offshore Bhd's Current Ratio distribution charts can be found below:

* The bar in red indicates where TAS Offshore Bhd's Current Ratio falls into.


XKLS:5149
54GF Score
TAS Offshore Bhd XKLS:5149
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TAS Offshore 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.

TAS Offshore Bhd's Current Ratio for the fiscal year that ended in May. 2025 is calculated as

Current Ratio (A: May. 2025 )=Total Current Assets (A: May. 2025 )/Total Current Liabilities (A: May. 2025 )
=138.329/80.95
=1.71

TAS Offshore Bhd's Current Ratio for the quarter that ended in Feb. 2026 is calculated as

Current Ratio (Q: Feb. 2026 )=Total Current Assets (Q: Feb. 2026 )/Total Current Liabilities (Q: Feb. 2026 )
=128.979/57.108
=2.26

* 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 2.26 mean?
TAS Offshore Bhd (XKLS:5149) has a Current Ratio of 2.26 as of Feb. 2026. This is 33% above median its historical median of 1.70. Over the past decade, TAS Offshore Bhd's Current Ratio has ranged from 1.13 to 3.95. According to the industry distribution chart, TAS Offshore Bhd ranks #147 out of 357 companies in the Aerospace & Defense industry, placing it in the top 41.2%.
Is TAS Offshore Bhd's Current Ratio too high?
TAS Offshore Bhd's current Current Ratio of 2.26 is 33% above median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 3.95. The Aerospace & Defense industry median Current Ratio is 1.93. TAS Offshore Bhd's value of 2.26 is 17.1% above this industry median. Based on the distribution chart, TAS Offshore Bhd ranks #147 out of 357 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, TAS Offshore Bhd has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TAS Offshore Bhd's Current Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, TAS Offshore Bhd ranks #147 out of 357 companies for Current Ratio. This puts TAS Offshore Bhd in the upper half of its industry. The industry median Current Ratio is 1.93. TAS Offshore Bhd's value of 2.26 is 17.1% above this benchmark. Historically, TAS Offshore Bhd's own Current Ratio has ranged from 1.13 to 3.95 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 1.93, TAS Offshore 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 Aerospace & Defense company?
The median Current Ratio among Aerospace & Defense companies is 1.93, based on 357 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. TAS Offshore Bhd's current Current Ratio of 2.26 is 17.1% 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 Aerospace & Defense industry, the median Current Ratio is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAS Offshore Bhd's current Current Ratio is 2.26, which is 33% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAS Offshore Bhd stock overvalued right now?
Based on GuruFocus' analysis, TAS Offshore Bhd (XKLS:5149) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.86, compared to a current price of RM0.50 — trading 42.4% below its estimated fair value. The current Current Ratio is 2.26, which is 33% above median its 10-year median of 1.70 and 17.1% above the Aerospace & Defense industry median of 1.93. TAS Offshore Bhd's overall GF Score™ is 54/100 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 TAS Offshore Bhd (XKLS:5149), the current Current Ratio is 2.26 as of Feb. 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 TAS Offshore Bhd (XKLS:5149) Overvalued in 2026?

Based on GuruFocus' analysis, TAS Offshore Bhd stock appears to be undervalued. The current stock price of RM0.50 is trading 42.4% below its estimated GF Value™ of RM0.86. GuruFocus considers TAS Offshore Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5149:

  • Current Ratio: 2.26 (33% above median its 10-year median of 1.70)
  • GF Value™: RM0.86 vs. price of RM0.50 (42.4% below fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 17.1% above the Aerospace & Defense median (#147 of 357)

No single metric tells the full story. See the XKLS:5149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TAS Offshore Bhd Business Description

Address Lot 199, Sungai Maaw Road, P.O. Box 920, Sungai Bidut, Sibu, SWK, MYS, 96000
TAS Offshore Bhd is an investment holding company engaged in shipbuilding and ship repairing activities across Malaysia, Singapore, and Indonesia. Its shipbuilding operations include constructing vessels such as tugboats, anchor handling tugs, anchor handling tug supply vessels, utility vessels, workboats, ferries, and cargo ships. The company also provides ship repair services, including routine maintenance, machinery inspection, repainting, and damage repair. Additionally, TAS Offshore offers vessel chartering services. It generates revenue through contracting shipbuilding, repair projects, and vessel leasing, serving clients in the marine and offshore industries.
54GF Score

Get the complete analysis for XKLS:5149

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.50
Price
RM0.86
GF Value