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AE Multi Holdings Bhd (XKLS:7146) Current Ratio : 1.08 (As of Dec. 2024)


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What is AE Multi Holdings Bhd Current Ratio?

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. AE Multi Holdings Bhd's current ratio for the quarter that ended in Dec. 2024 was 1.08.

AE Multi Holdings Bhd has a current ratio of 1.08. It generally indicates good short-term financial strength.

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

XKLS:7146' s Current Ratio Range Over the Past 10 Years
Min: 1.08   Med: 1.44   Max: 2.03
Current: 1.08

During the past 13 years, AE Multi Holdings Bhd's highest Current Ratio was 2.03. The lowest was 1.08. And the median was 1.44.

XKLS:7146's Current Ratio is ranked worse than
87.63% of 2458 companies
in the Hardware industry
Industry Median: 2.04 vs XKLS:7146: 1.08

AE Multi Holdings Bhd Current Ratio Historical Data

The historical data trend for AE Multi Holdings 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.

* Premium members only.

AE Multi Holdings Bhd Current Ratio Chart

AE Multi Holdings Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar22 Mar23 Mar24
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 1.21 1.57 1.49 1.27

AE Multi Holdings Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.34 1.27 1.26 1.20 1.08

Competitive Comparison of AE Multi Holdings Bhd's Current Ratio

For the Electronic Components subindustry, AE Multi Holdings 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.


AE Multi Holdings Bhd's Current Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AE Multi Holdings Bhd's Current Ratio distribution charts can be found below:

* The bar in red indicates where AE Multi Holdings Bhd's Current Ratio falls into.


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AE Multi Holdings 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.

AE Multi Holdings Bhd's Current Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Current Ratio (A: Mar. 2024 )=Total Current Assets (A: Mar. 2024 )/Total Current Liabilities (A: Mar. 2024 )
=115.749/91.245
=1.27

AE Multi Holdings Bhd's Current Ratio for the quarter that ended in Dec. 2024 is calculated as

Current Ratio (Q: Dec. 2024 )=Total Current Assets (Q: Dec. 2024 )/Total Current Liabilities (Q: Dec. 2024 )
=98.344/90.819
=1.08

* 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.


AE Multi Holdings Bhd  (XKLS:7146) 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.


AE Multi Holdings Bhd Current Ratio Related Terms

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AE Multi Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Plot 19-7, Jalan PKNK 1/4, Kawasan Perindustrian Sungai Petani, Taman Ria Jaya, Sungai Petani, KDH, MYS, 08000
AE Multi Holdings Bhd is an investment holding company engaged in the provision of management services to its subsidiaries. Its segments include manufacturing, trading of construction materials, general construction, glove manufacturing business solutions, investment, and others. The Manufacturing segment is the prime revenue driver for the company, which engages in the manufacturing and trading of printed circuit boards and their related products and the provision of technical services geographically, The Group operates in Malaysia Thailand, and the USA. Geographically company generates the majority of its revenue from Thailand.

AE Multi Holdings Bhd Headlines

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