Solid Automotive BhdXKLS:5242 +4.35%47 Current Ratio is 2.60 as of Apr. 2026, which is 5% below its 10-year median of 2.74. GuruFocus rates XKLS:5242 with a GF Score™ of 47/100 and a GF Value™ of RM0.18 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Solid Automotive Bhd ranks better than 79.21% 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. Solid Automotive Bhd's current ratio for the quarter that ended in Apr. 2026 was 2.60.
Solid Automotive Bhd has a current ratio of 2.60. It generally indicates good short-term financial strength.
The historical rank and industry rank for Solid Automotive Bhd's Current Ratio or its related term are showing as below:
XKLS:5242'
s Current Ratio Range Over the Past 10 Years
Min: 2.2 Med: 2.74 Max: 5.6
Current: 2.6
During the past 13 years, Solid Automotive Bhd's highest Current Ratio was 5.60. The lowest was 2.20. And the median was 2.74.
XKLS:5242's Current Ratio is ranked better than 79.21% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 1.53
vs XKLS:5242: 2.60
Solid Automotive Bhd (XKLS:5242) 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.
Solid Automotive Bhd Current Ratio Related Terms
Solid Automotive Bhd Current Ratio Historical Data
* Premium members only.
The historical data trend for Solid Automotive 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.
For the Auto Parts subindustry, Solid Automotive 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.
Solid Automotive Bhd Current Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Solid Automotive Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where Solid Automotive 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.
Solid Automotive Bhd (XKLS:5242) has a Current Ratio of 2.60 as of Apr. 2026. This is near median its historical median of 2.74. Over the past decade, Solid Automotive Bhd's Current Ratio has ranged from 2.20 to 5.60. According to the industry distribution chart, Solid Automotive Bhd ranks #278 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 20.8%.
Is Solid Automotive Bhd's Current Ratio too high?
Solid Automotive Bhd's current Current Ratio of 2.60 is near median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 5.60. The Vehicles & Parts industry median Current Ratio is 1.53. Solid Automotive Bhd's value of 2.60 is 69.9% above this industry median. Based on the distribution chart, Solid Automotive Bhd ranks #278 out of 1337 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Solid Automotive Bhd has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid Automotive Bhd's Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Solid Automotive Bhd ranks #278 out of 1337 companies for Current Ratio. This places Solid Automotive Bhd in the top 21% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.53. Solid Automotive Bhd's value of 2.60 is 69.9% above this benchmark. Historically, Solid Automotive Bhd's own Current Ratio has ranged from 2.20 to 5.60 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 1.53, Solid Automotive 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 Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.53, based on 1,337 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. Solid Automotive Bhd's current Current Ratio of 2.60 is 69.9% 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 Vehicles & Parts industry, the median Current Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid Automotive Bhd's current Current Ratio is 2.60, which is near median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Automotive Bhd stock overvalued right now?
Based on GuruFocus' analysis, Solid Automotive Bhd (XKLS:5242) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.18, compared to a current price of RM0.12 — trading 33.3% below its estimated fair value. The current Current Ratio is 2.60, which is near median its 10-year median of 2.74 and 69.9% above the Vehicles & Parts industry median of 1.53. Solid Automotive Bhd's overall GF Score™ is 47/100 with 4 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 Solid Automotive Bhd (XKLS:5242), the current Current Ratio is 2.60 as of Apr. 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 Solid Automotive Bhd (XKLS:5242) Overvalued in 2026?
Based on GuruFocus' analysis, Solid Automotive Bhd stock appears to be undervalued.
The current stock price of RM0.12 is trading 33.3% below its estimated GF Value™ of RM0.18.
GuruFocus considers Solid Automotive Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:5242:
Current Ratio: 2.60 (near median its 10-year median of 2.74)
GF Value™: RM0.18 vs. price of RM0.12 (33.3% below fair value)
Industry Position: 69.9% above the Vehicles & Parts median (#278 of 1337)
No single metric tells the full story. See the XKLS:5242 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solid Automotive Bhd is engaged in the business of investment holding and the provision of management services. Along with its subsidiaries, the company operates in the following reportable segments: Automotive service, electrical, spare and related parts, Automotive engine and mechanical parts, and Others. It generates maximum revenue from the Automotive service, electrical, spare and related parts segment, which is involved in trading and distribution of automotive batteries, lubricants, electrical parts, spare parts and components. Geographically, the group generates maximum revenue from Malaysia, followed by the Middle East and Africa, and Other regions.
47GF Score
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