Velesto Energy Bhd (XKLS:5243) Current Ratio: 1.82 (As of Mar. 2026) — Near Median

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XKLS:5243 Velesto Energy Bhd XKLS:5243
59 GF Score
Price RM0.25
GF Value RM0.18
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Velesto Energy Bhd Current Ratio?

Velesto Energy Bhd XKLS:5243 -3.85% 59 Current Ratio is 1.82 as of Mar. 2026, which is 4% above its 10-year median of 1.75. GuruFocus rates XKLS:5243 with a GF Score™ of 59/100 and a GF Value™ of RM0.18 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,015 Oil & Gas companies, Velesto Energy Bhd ranks better than 63.94% 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. Velesto Energy Bhd's current ratio for the quarter that ended in Mar. 2026 was 1.82.

Velesto Energy Bhd has a current ratio of 1.82. It generally indicates good short-term financial strength.

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

XKLS:5243' s Current Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.75   Max: 4.43
Current: 1.82

During the past 13 years, Velesto Energy Bhd's highest Current Ratio was 4.43. The lowest was 0.28. And the median was 1.75.

XKLS:5243's Current Ratio is ranked better than
63.94% of 1015 companies
in the Oil & Gas industry
Industry Median: 1.35 vs XKLS:5243: 1.82

Velesto Energy Bhd  (XKLS:5243) 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.


Velesto Energy Bhd Current Ratio Related Terms


Velesto Energy Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for Velesto Energy 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.

Velesto Energy Bhd Current Ratio Chart

Velesto Energy Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 1.35 1.76 1.39 1.60

Velesto Energy Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.62 1.66 1.76 1.60 1.82

XKLS:5243 vs NE, RIG, VAL: Current Ratio Comparison

For the Oil & Gas Drilling subindustry, Velesto Energy 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.


Velesto Energy Bhd Current Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Velesto Energy Bhd's Current Ratio distribution charts can be found below:

* The bar in red indicates where Velesto Energy Bhd's Current Ratio falls into.


XKLS:5243
59GF Score
Velesto Energy Bhd XKLS:5243
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Velesto Energy 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.

Velesto Energy Bhd's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=695.285/433.851
=1.60

Velesto Energy Bhd's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=684.741/376.241
=1.82

* 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 1.82 mean?
Velesto Energy Bhd (XKLS:5243) has a Current Ratio of 1.82 as of Mar. 2026. This is near median its historical median of 1.75. Over the past decade, Velesto Energy Bhd's Current Ratio has ranged from 0.28 to 4.43. According to the industry distribution chart, Velesto Energy Bhd ranks #366 out of 1015 companies in the Oil & Gas industry, placing it in the top 36.1%.
Is Velesto Energy Bhd's Current Ratio too high?
Velesto Energy Bhd's current Current Ratio of 1.82 is near median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 4.43. The Oil & Gas industry median Current Ratio is 1.35. Velesto Energy Bhd's value of 1.82 is 34.8% above this industry median. Based on the distribution chart, Velesto Energy Bhd ranks #366 out of 1015 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Velesto Energy Bhd has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Velesto Energy Bhd's Current Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Velesto Energy Bhd ranks #366 out of 1015 companies for Current Ratio. This puts Velesto Energy Bhd in the upper half of its industry. The industry median Current Ratio is 1.35. Velesto Energy Bhd's value of 1.82 is 34.8% above this benchmark. Historically, Velesto Energy Bhd's own Current Ratio has ranged from 0.28 to 4.43 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 1.35, Velesto Energy 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 1,015 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. Velesto Energy Bhd's current Current Ratio of 1.82 is 34.8% 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. Velesto Energy Bhd's current Current Ratio is 1.82, which is near median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velesto Energy Bhd stock overvalued right now?
Based on GuruFocus' analysis, Velesto Energy Bhd (XKLS:5243) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.18, compared to a current price of RM0.25 — trading 38.9% above its estimated fair value. The current Current Ratio is 1.82, which is near median its 10-year median of 1.75 and 34.8% above the Oil & Gas industry median of 1.35. Velesto Energy Bhd's overall GF Score™ is 59/100 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 Velesto Energy Bhd (XKLS:5243), the current Current Ratio is 1.82 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 Velesto Energy Bhd (XKLS:5243) Overvalued in 2026?

Based on GuruFocus' analysis, Velesto Energy Bhd stock appears to be overvalued. The current stock price of RM0.25 is trading 38.9% above its estimated GF Value™ of RM0.18. GuruFocus considers Velesto Energy Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5243:

  • Current Ratio: 1.82 (near median its 10-year median of 1.75)
  • GF Value™: RM0.18 vs. price of RM0.25 (38.9% above fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 34.8% above the Oil & Gas median (#366 of 1015)

No single metric tells the full story. See the XKLS:5243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Velesto Energy Bhd Business Description

Industry EnergyOil & Gas
Address Jalan Stesen Sentral 5, Level 18, Block 3A, Plaza Sentral, Kuala Lumpur, SGR, MYS, 50470
Velesto Energy Bhd is a Malaysia-based company that provides services to the oil and gas industry. It is engaged in the provision of drilling services for exploration, development, and production wells and workover services to the upstream sector of the oil and gas industry. It is also engaged in the provision of threading, inspection, and repair services for Oil Country Tubular Goods in Malaysia and overseas. The company operates under two segments, namely drilling services and others. The company has a geographical presence in Malaysia and other countries.
59GF Score

Get the complete analysis for XKLS:5243

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

RM0.25
Price
RM0.18
GF Value