Magni-Tech Industries BhdXKLS:7087 +0.54%69 Current Ratio is 7.64 as of Apr. 2026, which is 11% above its 10-year median of 6.87. GuruFocus rates XKLS:7087 with a GF Score™ of 69/100 and a GF Value™ of RM2.39 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,066 Manufacturing - Apparel & Accessories companies, Magni-Tech Industries Bhd ranks better than 94.56% 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. Magni-Tech Industries Bhd's current ratio for the quarter that ended in Apr. 2026 was 7.64.
Magni-Tech Industries Bhd has a current ratio of 7.64. 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 Magni-Tech Industries Bhd's Current Ratio or its related term are showing as below:
XKLS:7087'
s Current Ratio Range Over the Past 10 Years
Min: 3.16 Med: 6.87 Max: 13.31
Current: 8.47
During the past 13 years, Magni-Tech Industries Bhd's highest Current Ratio was 13.31. The lowest was 3.16. And the median was 6.87.
XKLS:7087's Current Ratio is ranked better than 94.56% of 1066
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.8
vs XKLS:7087: 8.47
Magni-Tech Industries Bhd (XKLS:7087) 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.
Magni-Tech Industries Bhd Current Ratio Related Terms
Magni-Tech Industries Bhd Current Ratio Historical Data
* 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:7087 vs RL, LEVI, VFC: Current Ratio Comparison
For the Apparel Manufacturing subindustry, Magni-Tech Industries 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.
Magni-Tech Industries Bhd Current Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Magni-Tech Industries Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where Magni-Tech Industries 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.
Magni-Tech Industries Bhd (XKLS:7087) has a Current Ratio of 7.64 as of Apr. 2026. This is 11% above median its historical median of 6.87. Over the past decade, Magni-Tech Industries Bhd's Current Ratio has ranged from 3.16 to 13.31. According to the industry distribution chart, Magni-Tech Industries Bhd ranks #58 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 5.4%.
Is Magni-Tech Industries Bhd's Current Ratio too high?
Magni-Tech Industries Bhd's current Current Ratio of 7.64 is 11% above median its 10-year median of 6.87. Over the past 10 years, this metric has ranged from a low of 3.16 to a high of 13.31. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.80. Magni-Tech Industries Bhd's value of 7.64 is 324.4% above this industry median. Based on the distribution chart, Magni-Tech Industries Bhd ranks #58 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Magni-Tech Industries Bhd has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Magni-Tech Industries Bhd's Current Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Magni-Tech Industries Bhd ranks #58 out of 1066 companies for Current Ratio. This places Magni-Tech Industries Bhd in the top 5% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.80. Magni-Tech Industries Bhd's value of 7.64 is 324.4% above this benchmark. Historically, Magni-Tech Industries Bhd's own Current Ratio has ranged from 3.16 to 13.31 over the past decade. While the company's 10-year median is 6.87 vs. the industry median of 1.80, Magni-Tech Industries 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 Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.80, based on 1,066 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. Magni-Tech Industries Bhd's current Current Ratio of 7.64 is 324.4% 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 Manufacturing - Apparel & Accessories industry, the median Current Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magni-Tech Industries Bhd's current Current Ratio is 7.64, which is 11% above median its own 10-year median of 6.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magni-Tech Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Magni-Tech Industries Bhd (XKLS:7087) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.39, compared to a current price of RM1.85 — trading 22.6% below its estimated fair value. The current Current Ratio is 7.64, which is 11% above median its 10-year median of 6.87 and 324.4% above the Manufacturing - Apparel & Accessories industry median of 1.80. Magni-Tech Industries Bhd's overall GF Score™ is 69/100 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 Magni-Tech Industries Bhd (XKLS:7087), the current Current Ratio is 7.64 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 Magni-Tech Industries Bhd (XKLS:7087) Overvalued in 2026?
Based on GuruFocus' analysis, Magni-Tech Industries Bhd stock appears to be undervalued.
The current stock price of RM1.85 is trading 22.6% below its estimated GF Value™ of RM2.39.
GuruFocus considers Magni-Tech Industries Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7087:
Current Ratio: 7.64 (11% above median its 10-year median of 6.87)
GF Value™: RM2.39 vs. price of RM1.85 (22.6% below fair value)
Industry Position: 324.4% above the Manufacturing - Apparel & Accessories median (#58 of 1066)
No single metric tells the full story. See the XKLS:7087 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magni-Tech Industries Bhd, through its subsidiaries, is principally engaged in the manufacturing and sales of garments. The company is organized into two business segments namely Garments, and Packaging segment. The company derives maximum revenue from the Garment segment. The Group engages in the manufacturing and sale of garments, flexible plastic packaging, and corrugated cartons.
69GF Score
Get the complete analysis for XKLS:7087
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:7087 has been successfully added to your 
