Wong Engineering BhdXKLS:7050 -3.13%36 Current Ratio is 1.43 as of Apr. 2026, which is 64% below its 10-year median of 3.92. GuruFocus rates XKLS:7050 with a GF Score™ of 36/100 and a GF Value™ of RM0.30 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 3,070 Industrial Products companies, Wong Engineering Bhd ranks worse than 72.8% 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. Wong Engineering Bhd's current ratio for the quarter that ended in Apr. 2026 was 1.43.
Wong Engineering Bhd has a current ratio of 1.43. It generally indicates good short-term financial strength.
The historical rank and industry rank for Wong Engineering Bhd's Current Ratio or its related term are showing as below:
XKLS:7050'
s Current Ratio Range Over the Past 10 Years
Min: 1.35 Med: 3.92 Max: 5.02
Current: 1.43
During the past 13 years, Wong Engineering Bhd's highest Current Ratio was 5.02. The lowest was 1.35. And the median was 3.92.
XKLS:7050's Current Ratio is ranked worse than 72.8% of 3070
companies
in the Industrial Products industry
Industry Median: 1.97
vs XKLS:7050: 1.43
Wong Engineering Bhd (XKLS:7050) 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.
Wong Engineering Bhd Current Ratio Related Terms
Wong Engineering Bhd Current Ratio Historical Data
* Premium members only.
The historical data trend for Wong Engineering 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:7050 vs CRS, ATI, MLI: Current Ratio Comparison
For the Metal Fabrication subindustry, Wong Engineering 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.
Wong Engineering Bhd Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Wong Engineering Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where Wong Engineering 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.
Wong Engineering Bhd (XKLS:7050) has a Current Ratio of 1.43 as of Apr. 2026. This is 64% below median its historical median of 3.92. Over the past decade, Wong Engineering Bhd's Current Ratio has ranged from 1.35 to 5.02. According to the industry distribution chart, Wong Engineering Bhd ranks #2235 out of 3070 companies in the Industrial Products industry, placing it in the top 72.8%.
Is Wong Engineering Bhd's Current Ratio too high?
Wong Engineering Bhd's current Current Ratio of 1.43 is 64% below median its 10-year median of 3.92. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 5.02. The Industrial Products industry median Current Ratio is 1.97. Wong Engineering Bhd's value of 1.43 is 27.4% below this industry median. Based on the distribution chart, Wong Engineering Bhd ranks #2235 out of 3070 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Wong Engineering Bhd has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wong Engineering Bhd's Current Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Wong Engineering Bhd ranks #2235 out of 3070 companies for Current Ratio. This places Wong Engineering Bhd in the lower half of its industry. The industry median Current Ratio is 1.97. Wong Engineering Bhd's value of 1.43 is 27.4% below this benchmark. Historically, Wong Engineering Bhd's own Current Ratio has ranged from 1.35 to 5.02 over the past decade. While the company's 10-year median is 3.92 vs. the industry median of 1.97, Wong Engineering 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 1.97, based on 3,070 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. Wong Engineering Bhd's current Current Ratio of 1.43 is 27.4% 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 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wong Engineering Bhd's current Current Ratio is 1.43, which is 64% below median its own 10-year median of 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wong Engineering Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wong Engineering Bhd (XKLS:7050) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.30, compared to a current price of RM0.16 — trading 48.3% below its estimated fair value. The current Current Ratio is 1.43, which is 64% below median its 10-year median of 3.92 and 27.4% below the Industrial Products industry median of 1.97. Wong Engineering Bhd's overall GF Score™ is 36/100 with 2 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 Wong Engineering Bhd (XKLS:7050), the current Current Ratio is 1.43 as of Apr. 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 Wong Engineering Bhd (XKLS:7050) Overvalued in 2026?
Based on GuruFocus' analysis, Wong Engineering Bhd stock appears to be undervalued.
The current stock price of RM0.16 is trading 48.3% below its estimated GF Value™ of RM0.30.
GuruFocus considers Wong Engineering Bhd to be Possible Value Trap.
Key valuation signals for XKLS:7050:
Current Ratio: 1.43 (64% below median its 10-year median of 3.92)
GF Value™: RM0.30 vs. price of RM0.16 (48.3% below fair value)
Industry Position: 27.4% below the Industrial Products median (#2235 of 3070)
No single metric tells the full story. See the XKLS:7050 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wong Engineering Corp Bhd is engaged in manufacturing of high precision stamped and turned metal parts and components, complex welded frame structure, related modules and systems as well as trading, marketing and retailing of industrial and consumer products. The segments of the company are, 1) Precision engineering which includes the design and manufacture of high-precision metal stamped parts and sheet metals. 2) Construction and property development includes the provision of general buildings construction and infrastructure work and the provision of property development and related business. 3) Others include Investment holding. The company derives maximum revenue from Precision and engineering Segment.
36GF Score
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