Wasco Greenergy Bhd (XKLS:5343) Current Ratio: 3.52 (As of Mar. 2026) — 43% Above Median


XKLS:5343 Wasco Greenergy Bhd XKLS:5343
16 GF Score
Price RM0.42
! 3 Warning Signs
View Full Analysis

What is Wasco Greenergy Bhd Current Ratio?

Wasco Greenergy Bhd XKLS:5343 +9.21% 16 Current Ratio is 3.52 as of Mar. 2026, which is 43% above its 10-year median of 2.46. GuruFocus rates XKLS:5343 with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 445 Utilities - Independent Power Producers companies, Wasco Greenergy Bhd ranks better than 83.82% 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. Wasco Greenergy Bhd's current ratio for the quarter that ended in Mar. 2026 was 3.52.

Wasco Greenergy Bhd has a current ratio of 3.52. 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 Wasco Greenergy Bhd's Current Ratio or its related term are showing as below:

XKLS:5343' s Current Ratio Range Over the Past 10 Years
Min: 1.13   Med: 2.46   Max: 3.52
Current: 3.52

During the past 4 years, Wasco Greenergy Bhd's highest Current Ratio was 3.52. The lowest was 1.13. And the median was 2.46.

XKLS:5343's Current Ratio is ranked better than
83.82% of 445 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.36 vs XKLS:5343: 3.52

Wasco Greenergy Bhd  (XKLS:5343) 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.


Wasco Greenergy Bhd Current Ratio Related Terms


Wasco Greenergy Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for Wasco Greenergy 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.

Wasco Greenergy Bhd Current Ratio Chart

Wasco Greenergy Bhd Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Current Ratio
1.83 1.13 2.02 3.34

Wasco Greenergy Bhd Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial 2.02 0.00 2.90 3.34 3.52

Wasco Greenergy Bhd Current Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Wasco Greenergy 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.


Wasco Greenergy Bhd Current Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Wasco Greenergy Bhd's Current Ratio distribution charts can be found below:

* The bar in red indicates where Wasco Greenergy Bhd's Current Ratio falls into.


XKLS:5343
16GF Score
Wasco Greenergy Bhd XKLS:5343
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wasco Greenergy 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.

Wasco Greenergy 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 )
=270.38/80.862
=3.34

Wasco Greenergy 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 )
=267.619/76.064
=3.52

* 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 3.52 mean?
Wasco Greenergy Bhd (XKLS:5343) has a Current Ratio of 3.52 as of Mar. 2026. This is 43% above median its historical median of 2.46. Over the past decade, Wasco Greenergy Bhd's Current Ratio has ranged from 1.13 to 3.52. According to the industry distribution chart, Wasco Greenergy Bhd ranks #72 out of 445 companies in the Utilities - Independent Power Producers industry, placing it in the top 16.2%.
Is Wasco Greenergy Bhd's Current Ratio too high?
Wasco Greenergy Bhd's current Current Ratio of 3.52 is 43% above median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 3.52. The Utilities - Independent Power Producers industry median Current Ratio is 1.36. Wasco Greenergy Bhd's value of 3.52 is 158.8% above this industry median. Based on the distribution chart, Wasco Greenergy Bhd ranks #72 out of 445 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Wasco Greenergy Bhd has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Wasco Greenergy Bhd's Current Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Wasco Greenergy Bhd ranks #72 out of 445 companies for Current Ratio. This places Wasco Greenergy Bhd in the top 16% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.36. Wasco Greenergy Bhd's value of 3.52 is 158.8% above this benchmark. Historically, Wasco Greenergy Bhd's own Current Ratio has ranged from 1.13 to 3.52 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 1.36, Wasco Greenergy 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 Utilities - Independent Power Producers company?
The median Current Ratio among Utilities - Independent Power Producers companies is 1.36, based on 445 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. Wasco Greenergy Bhd's current Current Ratio of 3.52 is 158.8% 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 Utilities - Independent Power Producers industry, the median Current Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wasco Greenergy Bhd's current Current Ratio is 3.52, which is 43% above median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wasco Greenergy Bhd stock overvalued right now?
Wasco Greenergy Bhd (XKLS:5343) has a current Current Ratio of 3.52. The current Current Ratio is 3.52, which is 43% above median its 10-year median of 2.46 and 158.8% above the Utilities - Independent Power Producers industry median of 1.36. Wasco Greenergy Bhd's overall GF Score™ is 16/100 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 Wasco Greenergy Bhd (XKLS:5343), the current Current Ratio is 3.52 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.

Wasco Greenergy Bhd Business Description

Address Lot 1929, Jalan Bukit Kemuning, Seksyen 32, Shah Alam, SGR, MYS, 40460
Wasco Greenergy Bhd operates in the renewable energy sector as a provider of renewable energy systems that support companies in meeting their energy needs, including those seeking to achieve their decarbonization and net-zero emissions targets. Its core business segment comprises the EPCC of steam energy systems and auxiliary facilities, the supply of steam turbine generator systems, as well as the provision of after-sales services for these systems. The company offers three types of steam energy systems: biomass, gas-fired, and HRSG. The biomass energy systems involve using a boiler to burn agricultural waste and byproducts. The gas-fired energy systems on the other hand, use natural gas as the fuel source. The HRSG is designed to capture waste heat from customers' gas turbines.
16GF Score

Get the complete analysis for XKLS:5343

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

RM0.42
Price