Kobay Technology BhdXKLS:6971 +0.78%71 Current Ratio is 1.56 as of Mar. 2026, which is 39% below its 10-year median of 2.54. GuruFocus rates XKLS:6971 with a GF Score™ of 71/100 and a GF Value™ of RM1.89 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 3,073 Industrial Products companies, Kobay Technology Bhd ranks worse than 66.51% 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. Kobay Technology Bhd's current ratio for the quarter that ended in Mar. 2026 was 1.56.
Kobay Technology Bhd has a current ratio of 1.56. It generally indicates good short-term financial strength.
The historical rank and industry rank for Kobay Technology Bhd's Current Ratio or its related term are showing as below:
XKLS:6971'
s Current Ratio Range Over the Past 10 Years
Min: 1.53 Med: 2.54 Max: 3.78
Current: 1.56
During the past 13 years, Kobay Technology Bhd's highest Current Ratio was 3.78. The lowest was 1.53. And the median was 2.54.
XKLS:6971's Current Ratio is ranked worse than 66.51% of 3073
companies
in the Industrial Products industry
Industry Median: 1.96
vs XKLS:6971: 1.56
Kobay Technology Bhd (XKLS:6971) 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.
Kobay Technology Bhd Current Ratio Related Terms
Kobay Technology Bhd Current Ratio Historical Data
* Premium members only.
The historical data trend for Kobay Technology 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.
XKLS:6971 vs CRS, ATI, MLI: Current Ratio Comparison
For the Metal Fabrication subindustry, Kobay Technology 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.
Kobay Technology Bhd Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kobay Technology Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where Kobay Technology 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.
Kobay Technology Bhd (XKLS:6971) has a Current Ratio of 1.56 as of Mar. 2026. This is 39% below median its historical median of 2.54. Over the past decade, Kobay Technology Bhd's Current Ratio has ranged from 1.53 to 3.78. According to the industry distribution chart, Kobay Technology Bhd ranks #2044 out of 3073 companies in the Industrial Products industry, placing it in the top 66.5%.
Is Kobay Technology Bhd's Current Ratio too high?
Kobay Technology Bhd's current Current Ratio of 1.56 is 39% below median its 10-year median of 2.54. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 3.78. The Industrial Products industry median Current Ratio is 1.96. Kobay Technology Bhd's value of 1.56 is 20.4% below this industry median. Based on the distribution chart, Kobay Technology Bhd ranks #2044 out of 3073 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Kobay Technology Bhd has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kobay Technology Bhd's Current Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Kobay Technology Bhd ranks #2044 out of 3073 companies for Current Ratio. This places Kobay Technology Bhd in the lower half of its industry. The industry median Current Ratio is 1.96. Kobay Technology Bhd's value of 1.56 is 20.4% below this benchmark. Historically, Kobay Technology Bhd's own Current Ratio has ranged from 1.53 to 3.78 over the past decade. While the company's 10-year median is 2.54 vs. the industry median of 1.96, Kobay Technology Bhd has consistently been below 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 Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,073 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. Kobay Technology Bhd's current Current Ratio of 1.56 is 20.4% below 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kobay Technology Bhd's current Current Ratio is 1.56, which is 39% below median its own 10-year median of 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobay Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kobay Technology Bhd (XKLS:6971) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.89, compared to a current price of RM2.58 — trading 36.5% above its estimated fair value. The current Current Ratio is 1.56, which is 39% below median its 10-year median of 2.54 and 20.4% below the Industrial Products industry median of 1.96. Kobay Technology Bhd's overall GF Score™ is 71/100 with 5 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 Kobay Technology Bhd (XKLS:6971), the current Current Ratio is 1.56 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 Kobay Technology Bhd (XKLS:6971) Overvalued in 2026?
Based on GuruFocus' analysis, Kobay Technology Bhd stock appears to be overvalued.
The current stock price of RM2.58 is trading 36.5% above its estimated GF Value™ of RM1.89.
GuruFocus considers Kobay Technology Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:6971:
Current Ratio: 1.56 (39% below median its 10-year median of 2.54)
GF Value™: RM1.89 vs. price of RM2.58 (36.5% above fair value)
Industry Position: 20.4% below the Industrial Products median (#2044 of 3073)
No single metric tells the full story. See the XKLS:6971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kobay Technology Bhd is an investment holding company. Along with its subsidiaries, the company operates in the following segments: Manufacturing, Property development, Pharmaceutical and healthcare, Asset Management, Investment holding, and Others. It generates maximum revenue from the Manufacturing segment, which is engaged in the manufacturing of precision machined components, precision stamping, sheet metal parts, surface treatment, precision moulds, tooling and form dies, semiconductor assembly and testing equipment, metal works and structures, modules and parts for oil and gas production and extraction equipment, and components and sub-assemblies for aerospace parts. Geographically, it derives key revenue from Malaysia and the rest from Singapore, the USA, and other regions.
71GF Score
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