Ni Hsin Group Bhd (XKLS:7215) Current Ratio: 2.34 (As of Mar. 2026) — 67% Below Median


What is Ni Hsin Group Bhd Current Ratio?

Ni Hsin Group Bhd XKLS:7215 Current Ratio is 2.34 as of Mar. 2026, which is 67% below its 10-year median of 7.03. The stock has 4 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Ni Hsin Group Bhd ranks better than 63.59% 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. Ni Hsin Group Bhd's current ratio for the quarter that ended in Mar. 2026 was 2.34.

Ni Hsin Group Bhd has a current ratio of 2.34. It generally indicates good short-term financial strength.

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

XKLS:7215' s Current Ratio Range Over the Past 10 Years
Min: 1.56   Med: 7.03   Max: 11.26
Current: 2.34

During the past 13 years, Ni Hsin Group Bhd's highest Current Ratio was 11.26. The lowest was 1.56. And the median was 7.03.

XKLS:7215's Current Ratio is ranked better than
63.59% of 434 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.875 vs XKLS:7215: 2.34

Ni Hsin Group Bhd  (XKLS:7215) 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.


Ni Hsin Group Bhd Current Ratio Related Terms


Ni Hsin Group Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for Ni Hsin Group 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.

Ni Hsin Group Bhd Current Ratio Chart

Ni Hsin Group Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.97 7.61 9.56 7.70 8.01

Ni Hsin Group 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 3.54 0.00 1.72 1.56 2.34

XKLS:7215 vs SN, SGI, MHK: Current Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Ni Hsin Group 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.


Ni Hsin Group Bhd Current Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ni Hsin Group Bhd's Current Ratio distribution charts can be found below:

* The bar in red indicates where Ni Hsin Group Bhd's Current Ratio falls into.



Ni Hsin Group 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.

Ni Hsin Group Bhd's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=39.894/4.979
=8.01

Ni Hsin Group 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 )
=37.122/15.885
=2.34

* 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 2.34 mean?
Ni Hsin Group Bhd (XKLS:7215) has a Current Ratio of 2.34 as of Mar. 2026. This is 67% below median its historical median of 7.03. Over the past decade, Ni Hsin Group Bhd's Current Ratio has ranged from 1.56 to 11.26. According to the industry distribution chart, Ni Hsin Group Bhd ranks #158 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 36.4%.
Is Ni Hsin Group Bhd's Current Ratio too high?
Ni Hsin Group Bhd's current Current Ratio of 2.34 is 67% below median its 10-year median of 7.03. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 11.26. The Furnishings, Fixtures & Appliances industry median Current Ratio is 1.88. Ni Hsin Group Bhd's value of 2.34 is 24.8% above this industry median. Based on the distribution chart, Ni Hsin Group Bhd ranks #158 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint.
How does Ni Hsin Group Bhd's Current Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ni Hsin Group Bhd ranks #158 out of 434 companies for Current Ratio. This puts Ni Hsin Group Bhd in the upper half of its industry. The industry median Current Ratio is 1.88. Ni Hsin Group Bhd's value of 2.34 is 24.8% above this benchmark. Historically, Ni Hsin Group Bhd's own Current Ratio has ranged from 1.56 to 11.26 over the past decade. While the company's 10-year median is 7.03 vs. the industry median of 1.88, Ni Hsin Group 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 Furnishings, Fixtures & Appliances company?
The median Current Ratio among Furnishings, Fixtures & Appliances companies is 1.88, based on 434 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. Ni Hsin Group Bhd's current Current Ratio of 2.34 is 24.8% 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 Furnishings, Fixtures & Appliances industry, the median Current Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ni Hsin Group Bhd's current Current Ratio is 2.34, which is 67% below median its own 10-year median of 7.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ni Hsin Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ni Hsin Group Bhd (XKLS:7215) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.17, compared to a current price of RM0.07 — trading 58.8% below its estimated fair value. The current Current Ratio is 2.34, which is 67% below median its 10-year median of 7.03 and 24.8% above the Furnishings, Fixtures & Appliances industry median of 1.88. 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 Ni Hsin Group Bhd (XKLS:7215), the current Current Ratio is 2.34 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.

Ni Hsin Group Bhd Business Description

Address 45, Jalan Taming Dua, Taman Taming Jaya, Seri Kembangan, SGR, MYS, 43300
Ni Hsin Group Bhd is a manufacturer of premium stainless-steel multi-ply cookware in Malaysia. The business of the company is organized into the following product segments, Cookware, Stainless-steel products, Food and beverages, Logistics services, and Electric vehicles. Cookware Design: manufacture and sale of all kinds of kitchenware and cookware, Stainless steel products: Research, development and manufacture of stainless steel products, Food and beverages: Manufacture and trading in all kinds of food and beverages, cafe and restaurant business, Logistic services, Electric vehicles: Assembling, promoting and marketing of all kinds of electric vehicles.