Able Global Bhd (XKLS:7167) Current Ratio: 3.06 (As of Mar. 2026) — Near Median

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XKLS:7167 Able Global Bhd XKLS:7167
91 GF Score
Price RM1.55
GF Value RM1.74
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Able Global Bhd Current Ratio?

Able Global Bhd XKLS:7167 -0.64% 91 Current Ratio is 3.06 as of Mar. 2026, which is 3% above its 10-year median of 2.96. GuruFocus rates XKLS:7167 with a GF Score™ of 91/100 and a GF Value™ of RM1.74 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,994 Consumer Packaged Goods companies, Able Global Bhd ranks better than 75.88% 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. Able Global Bhd's current ratio for the quarter that ended in Mar. 2026 was 3.06.

Able Global Bhd has a current ratio of 3.06. 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 Able Global Bhd's Current Ratio or its related term are showing as below:

XKLS:7167' s Current Ratio Range Over the Past 10 Years
Min: 1.89   Med: 2.96   Max: 3.85
Current: 3.06

During the past 13 years, Able Global Bhd's highest Current Ratio was 3.85. The lowest was 1.89. And the median was 2.96.

XKLS:7167's Current Ratio is ranked better than
75.88% of 1994 companies
in the Consumer Packaged Goods industry
Industry Median: 1.73 vs XKLS:7167: 3.06

Able Global Bhd  (XKLS:7167) 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.


Able Global Bhd Current Ratio Related Terms


Able Global Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for Able Global 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.

Able Global Bhd Current Ratio Chart

Able Global Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.56 3.39 3.03 2.93 3.16

Able Global 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 3.59 3.85 3.84 3.16 3.06

XKLS:7167 vs KHC, GIS: Current Ratio Comparison

For the Packaged Foods subindustry, Able Global 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.


Able Global Bhd Current Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Able Global Bhd's Current Ratio distribution charts can be found below:

* The bar in red indicates where Able Global Bhd's Current Ratio falls into.


XKLS:7167
91GF Score
Able Global Bhd XKLS:7167
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Able Global 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.

Able Global Bhd's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=599.718/189.589
=3.16

Able Global 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 )
=607.627/198.421
=3.06

* 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 3.06 mean?
Able Global Bhd (XKLS:7167) has a Current Ratio of 3.06 as of Mar. 2026. This is near median its historical median of 2.96. Over the past decade, Able Global Bhd's Current Ratio has ranged from 1.89 to 3.85. According to the industry distribution chart, Able Global Bhd ranks #481 out of 1994 companies in the Consumer Packaged Goods industry, placing it in the top 24.1%.
Is Able Global Bhd's Current Ratio too high?
Able Global Bhd's current Current Ratio of 3.06 is near median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 3.85. The Consumer Packaged Goods industry median Current Ratio is 1.73. Able Global Bhd's value of 3.06 is 76.9% above this industry median. Based on the distribution chart, Able Global Bhd ranks #481 out of 1994 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Able Global Bhd has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Able Global Bhd's Current Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Able Global Bhd ranks #481 out of 1994 companies for Current Ratio. This places Able Global Bhd in the top 24% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.73. Able Global Bhd's value of 3.06 is 76.9% above this benchmark. Historically, Able Global Bhd's own Current Ratio has ranged from 1.89 to 3.85 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 1.73, Able Global 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 Consumer Packaged Goods company?
The median Current Ratio among Consumer Packaged Goods companies is 1.73, based on 1,994 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. Able Global Bhd's current Current Ratio of 3.06 is 76.9% 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 Consumer Packaged Goods industry, the median Current Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Able Global Bhd's current Current Ratio is 3.06, which is near median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Able Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, Able Global Bhd (XKLS:7167) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.74, compared to a current price of RM1.55 — trading 10.9% below its estimated fair value. The current Current Ratio is 3.06, which is near median its 10-year median of 2.96 and 76.9% above the Consumer Packaged Goods industry median of 1.73. Able Global Bhd's overall GF Score™ is 91/100 with 3 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 Able Global Bhd (XKLS:7167), the current Current Ratio is 3.06 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 Able Global Bhd (XKLS:7167) Overvalued in 2026?

Based on GuruFocus' analysis, Able Global Bhd stock appears to be undervalued. The current stock price of RM1.55 is trading 10.9% below its estimated GF Value™ of RM1.74. GuruFocus considers Able Global Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7167:

  • Current Ratio: 3.06 (near median its 10-year median of 2.96)
  • GF Value™: RM1.74 vs. price of RM1.55 (10.9% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 76.9% above the Consumer Packaged Goods median (#481 of 1994)

No single metric tells the full story. See the XKLS:7167 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Able Global Bhd Business Description

Address PTD 124298, Jalan Kempas Lama, Kampung Seelong Jaya, Skudai, JHR, MYS, 81300
Able Global Bhd is mainly engaged in investment holding and management services. The company operates in four main segments: Investment Holding, Tin Manufacturing, Property Development, and Food and Beverage. The Investment Holding segment provides investment holding and management services. The Tin Manufacturing segment is involved in the production of various tins, cans, and other containers. The Food and Beverage segment is responsible for manufacturing and selling milk and other dairy-related products. The Property Development segment is involved in property development activities. It derives the majority of its revenue from the Food and Beverage segment and has a presence in various countries, including Malaysia, Africa, Central America, Europe, and Other Countries.
91GF Score

Get the complete analysis for XKLS:7167

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM1.55
Price
RM1.74
GF Value