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. Sasbadi Holdings Bhd's current ratio for the quarter that ended in Aug. 2024 was 4.08.
Sasbadi Holdings Bhd has a current ratio of 4.08. 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 Sasbadi Holdings Bhd's Current Ratio or its related term are showing as below:
XKLS:5252'
s Current Ratio Range Over the Past 10 Years
Min: 2.88 Med: 3.42 Max: 5.01
Current: 4.08
During the past 12 years, Sasbadi Holdings Bhd's highest Current Ratio was 5.01. The lowest was 2.88. And the median was 3.42.
XKLS:5252's Current Ratio is ranked better than 85.55% of 1052
companies
in the Media - Diversified industry
Industry Median: 1.615
vs XKLS:5252: 4.08
Sasbadi Holdings Bhd Current Ratio Historical Data
The historical data trend for Sasbadi Holdings 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.
Competitive Comparison of Sasbadi Holdings Bhd's Current Ratio
For the Publishing subindustry, Sasbadi Holdings 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.
Sasbadi Holdings Bhd's Current Ratio Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Sasbadi Holdings Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where Sasbadi Holdings Bhd's Current Ratio falls into.
Sasbadi Holdings 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.
Sasbadi Holdings Bhd's Current Ratio for the fiscal year that ended in Aug. 2024 is calculated as
* 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.
Sasbadi Holdings Bhd (XKLS:5252) 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.
Sasbadi Holdings Bhd Current Ratio Related Terms
Thank you for viewing the detailed overview of Sasbadi Holdings Bhd's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Sasbadi Holdings Bhd is an investment holding company, which is a provider of education solutions. The company is also engaged in content creation and print publishing activities. The Company is a publisher of educational materials, undertaking print publishing, creating solutions that are user-friendly, interactive and fun for teachers and students, leveraging on information and communications technology (ICT). It includes PC software, mobile applications and cloud-based platforms suited for self-paced learning as well as for the future classroom. Its segments comprise Print publishing; Digital solutions and Network Marketing; and Applied learning products, and STEM education services. The company generates majority of its revenue from Print Publishing segment.
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