Joe Holding Bhd (XKLS:7096) Current Ratio: 1.53 (As of Mar. 2026) — 74% Below Median


What is Joe Holding Bhd Current Ratio?

Joe Holding Bhd XKLS:7096 Current Ratio is 1.53 as of Mar. 2026, which is 74% below its 10-year median of 5.88. The stock has 5 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Joe Holding Bhd ranks better than 50.04% 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. Joe Holding Bhd's current ratio for the quarter that ended in Mar. 2026 was 1.53.

Joe Holding Bhd has a current ratio of 1.53. It generally indicates good short-term financial strength.

The historical rank and industry rank for Joe Holding Bhd's Current Ratio or its related term are showing as below:

XKLS:7096' s Current Ratio Range Over the Past 10 Years
Min: 1.53   Med: 5.88   Max: 14.62
Current: 1.53

During the past 13 years, Joe Holding Bhd's highest Current Ratio was 14.62. The lowest was 1.53. And the median was 5.88.

XKLS:7096's Current Ratio is ranked better than
50.04% of 1337 companies
in the Vehicles & Parts industry
Industry Median: 1.53 vs XKLS:7096: 1.53

Joe Holding Bhd  (XKLS:7096) 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.


Joe Holding Bhd Current Ratio Related Terms


Joe Holding Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for Joe Holding 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.

Joe Holding Bhd Current Ratio Chart

Joe Holding Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.62 2.41 1.73 1.63 1.53

Joe Holding Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.63 1.60 1.58 1.58 1.53

XKLS:7096 vs ORLY, AZO, GPC: Current Ratio Comparison

For the Auto Parts subindustry, Joe Holding 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.


Joe Holding Bhd Current Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Joe Holding Bhd's Current Ratio distribution charts can be found below:

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



Joe Holding 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.

Joe Holding Bhd's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=107.035/69.903
=1.53

Joe Holding 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 )
=107.035/69.903
=1.53

* 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 1.53 mean?
Joe Holding Bhd (XKLS:7096) has a Current Ratio of 1.53 as of Mar. 2026. This is 74% below median its historical median of 5.88. Over the past decade, Joe Holding Bhd's Current Ratio has ranged from 1.53 to 14.62. According to the industry distribution chart, Joe Holding Bhd ranks #668 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 50%.
Is Joe Holding Bhd's Current Ratio too high?
Joe Holding Bhd's current Current Ratio of 1.53 is 74% below median its 10-year median of 5.88. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 14.62. The Vehicles & Parts industry median Current Ratio is 1.53. Joe Holding Bhd's value of 1.53 is 0% at this industry median. Based on the distribution chart, Joe Holding Bhd ranks #668 out of 1337 companies in the Vehicles & Parts industry, which is above the industry midpoint.
How does Joe Holding Bhd's Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Joe Holding Bhd ranks #668 out of 1337 companies for Current Ratio. This puts Joe Holding Bhd in the upper half of its industry. The industry median Current Ratio is 1.53. Joe Holding Bhd's value of 1.53 is 0% at this benchmark. Historically, Joe Holding Bhd's own Current Ratio has ranged from 1.53 to 14.62 over the past decade. While the company's 10-year median is 5.88 vs. the industry median of 1.53, Joe Holding Bhd has consistently been at 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 Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.53, based on 1,337 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. Joe Holding Bhd's current Current Ratio of 1.53 is 0% at 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 Vehicles & Parts industry, the median Current Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joe Holding Bhd's current Current Ratio is 1.53, which is 74% below median its own 10-year median of 5.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joe Holding Bhd stock overvalued right now?
Based on GuruFocus' analysis, Joe Holding Bhd (XKLS:7096) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.07, compared to a current price of RM0.06 — trading 14.3% below its estimated fair value. The current Current Ratio is 1.53, which is 74% below median its 10-year median of 5.88 and 0% at the Vehicles & Parts industry median of 1.53. 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 Joe Holding Bhd (XKLS:7096), the current Current Ratio is 1.53 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.

Joe Holding Bhd Business Description

Address Jalan Chepor 11/8, Lot 304994, Kawasan Perusahaan Seramik Chepor, Mukim Hulu Kinta, Chemor, Ipoh, PRK, MYS, 31200
Joe Holding Bhd is a Malaysian investment holding company. Along with its subsidiaries, the company operates in the following business segments: Automotive batteries, Valve Regulated lead Acid (VRLA) batteries, Investment holding, and Others. It generates maximum revenue from the Automotive batteries segment, which is engaged in the manufacture, assembly, and sale of automotive batteries and components. The Valve Regulated Lead Acid (VRLA) batteries segment manufactures, assembles, and sells sealed lead (VRLA) batteries; the Investment holding segment is involved in providing warehouse storage service and real estate with its own or lease property n.e.c.; and the Others segment represents gloves manufacturing and dormant subsidiary companies.