SkyeChip Bhd (XKLS:5357) Current Ratio: 21.31 (As of Mar. 2025) — 507% Above Median


XKLS:5357 SkyeChip Bhd XKLS:5357
19 GF Score
Price RM3.03
! 1 Warning Sign
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What is SkyeChip Bhd Current Ratio?

SkyeChip Bhd XKLS:5357 +2.02% 19 Current Ratio is 21.31 as of Mar. 2025, which is 507% above its 10-year median of 3.51. GuruFocus rates XKLS:5357 with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 1,029 Semiconductors companies, SkyeChip Bhd ranks better than 97.86% 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. SkyeChip Bhd's current ratio for the quarter that ended in Mar. 2025 was 21.31.

SkyeChip Bhd has a current ratio of 21.31. 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 SkyeChip Bhd's Current Ratio or its related term are showing as below:

XKLS:5357' s Current Ratio Range Over the Past 10 Years
Min: 3.07   Med: 3.51   Max: 21.31
Current: 21.31

During the past 3 years, SkyeChip Bhd's highest Current Ratio was 21.31. The lowest was 3.07. And the median was 3.51.

XKLS:5357's Current Ratio is ranked better than
97.86% of 1029 companies
in the Semiconductors industry
Industry Median: 2.49 vs XKLS:5357: 21.31

SkyeChip Bhd  (XKLS:5357) 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.


SkyeChip Bhd Current Ratio Related Terms


SkyeChip Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for SkyeChip 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.

SkyeChip Bhd Current Ratio Chart

SkyeChip Bhd Annual Data
Trend Mar23 Mar24 Mar25
Current Ratio
3.07 3.51 21.31

SkyeChip Bhd Semi-Annual Data
Mar23 Mar24 Mar25
Current Ratio 3.07 3.51 21.31

XKLS:5357 vs NVDA, AVGO, MU: Current Ratio Comparison

For the Semiconductors subindustry, SkyeChip 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.


SkyeChip Bhd Current Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, SkyeChip Bhd's Current Ratio distribution charts can be found below:

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


XKLS:5357
19GF Score
SkyeChip Bhd XKLS:5357
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SkyeChip 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.

SkyeChip Bhd's Current Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Current Ratio (A: Mar. 2025 )=Total Current Assets (A: Mar. 2025 )/Total Current Liabilities (A: Mar. 2025 )
=85.547/4.014
=21.31

SkyeChip Bhd's Current Ratio for the quarter that ended in Mar. 2025 is calculated as

Current Ratio (Q: Mar. 2025 )=Total Current Assets (Q: Mar. 2025 )/Total Current Liabilities (Q: Mar. 2025 )
=85.547/4.014
=21.31

* 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 21.31 mean?
SkyeChip Bhd (XKLS:5357) has a Current Ratio of 21.31 as of Mar. 2025. This is 507% above median its historical median of 3.51. Over the past decade, SkyeChip Bhd's Current Ratio has ranged from 3.07 to 21.31. According to the industry distribution chart, SkyeChip Bhd ranks #22 out of 1029 companies in the Semiconductors industry, placing it in the top 2.1%.
Is SkyeChip Bhd's Current Ratio too high?
SkyeChip Bhd's current Current Ratio of 21.31 is 507% above median its 10-year median of 3.51. Over the past 10 years, this metric has ranged from a low of 3.07 to a high of 21.31. The Semiconductors industry median Current Ratio is 2.49. SkyeChip Bhd's value of 21.31 is 755.8% above this industry median. Based on the distribution chart, SkyeChip Bhd ranks #22 out of 1029 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, SkyeChip Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does SkyeChip Bhd's Current Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, SkyeChip Bhd ranks #22 out of 1029 companies for Current Ratio. This places SkyeChip Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.49. SkyeChip Bhd's value of 21.31 is 755.8% above this benchmark. Historically, SkyeChip Bhd's own Current Ratio has ranged from 3.07 to 21.31 over the past decade. While the company's 10-year median is 3.51 vs. the industry median of 2.49, SkyeChip 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 Semiconductors company?
The median Current Ratio among Semiconductors companies is 2.49, based on 1,029 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. SkyeChip Bhd's current Current Ratio of 21.31 is 755.8% 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 Semiconductors industry, the median Current Ratio is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SkyeChip Bhd's current Current Ratio is 21.31, which is 507% above median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SkyeChip Bhd stock overvalued right now?
SkyeChip Bhd (XKLS:5357) has a current Current Ratio of 21.31. The current Current Ratio is 21.31, which is 507% above median its 10-year median of 3.51 and 755.8% above the Semiconductors industry median of 2.49. SkyeChip Bhd's overall GF Score™ is 19/100 with 1 warning sign 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 SkyeChip Bhd (XKLS:5357), the current Current Ratio is 21.31 as of Mar. 2025. 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.

SkyeChip Bhd Business Description

Address 1-18-12 Suntech, Penang Cybercity, Lintang Mayang Pasir 3, Bayan Baru, PNG, MYS, 11950
SkyeChip Bhd is principally involved in IC design specialising in silicon IPs and silicon products including custom ASIC. It provides licensable silicon IPs to the customers to integrate into their IC products. The company also designs and develops custom ASIC products tailored to meet specific customer requirements, delivering semiconductor chips that are optimised for a specific application rather than for general-purpose use. The company has only one reportable business segment which relates principally to the provision of semiconductor intellectual property, integrated circuit manufacturing, software design and development and engineering consultation. Its geographical segments include Malaysia and Singapore, with the majority of revenue generated from Malaysia.
19GF Score

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

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