Nextgreen Global Bhd (XKLS:7241) Current Ratio: 2.34 (As of Mar. 2026) — 35% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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XKLS:7241 Nextgreen Global Bhd XKLS:7241
60 GF Score
Price RM0.76
GF Value RM1.50
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Nextgreen Global Bhd Current Ratio?

Nextgreen Global Bhd XKLS:7241 60 Current Ratio is 2.34 as of Mar. 2026, which is 35% below its 10-year median of 3.62. GuruFocus rates XKLS:7241 with a GF Score™ of 60/100 and a GF Value™ of RM1.50 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 567 Conglomerates companies, Nextgreen Global Bhd ranks better than 73.02% 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. Nextgreen Global Bhd's current ratio for the quarter that ended in Mar. 2026 was 2.34.

Nextgreen Global Bhd has a current ratio of 2.34. It generally indicates good short-term financial strength.

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

XKLS:7241' s Current Ratio Range Over the Past 10 Years
Min: 1.2   Med: 3.62   Max: 8.26
Current: 2.34

During the past 13 years, Nextgreen Global Bhd's highest Current Ratio was 8.26. The lowest was 1.20. And the median was 3.62.

XKLS:7241's Current Ratio is ranked better than
73.02% of 567 companies
in the Conglomerates industry
Industry Median: 1.6 vs XKLS:7241: 2.34

Nextgreen Global Bhd  (XKLS:7241) 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.


Nextgreen Global Bhd Current Ratio Related Terms


Nextgreen Global Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for Nextgreen 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.

Nextgreen Global Bhd Current Ratio Chart

Nextgreen Global Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 1.20 1.91 2.81 2.45

Nextgreen 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 3.29 3.59 3.16 2.45 2.34

XKLS:7241 vs HON, MMM: Current Ratio Comparison

For the Conglomerates subindustry, Nextgreen 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.


Nextgreen Global Bhd Current Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nextgreen Global Bhd's Current Ratio distribution charts can be found below:

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


XKLS:7241
60GF Score
Nextgreen Global Bhd XKLS:7241
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nextgreen 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.

Nextgreen 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 )
=258.918/105.639
=2.45

Nextgreen 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 )
=290.946/124.404
=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?
Nextgreen Global Bhd (XKLS:7241) has a Current Ratio of 2.34 as of Mar. 2026. This is 35% below median its historical median of 3.62. Over the past decade, Nextgreen Global Bhd's Current Ratio has ranged from 1.20 to 8.26. According to the industry distribution chart, Nextgreen Global Bhd ranks #153 out of 567 companies in the Conglomerates industry, placing it in the top 27%.
Is Nextgreen Global Bhd's Current Ratio too high?
Nextgreen Global Bhd's current Current Ratio of 2.34 is 35% below median its 10-year median of 3.62. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 8.26. The Conglomerates industry median Current Ratio is 1.60. Nextgreen Global Bhd's value of 2.34 is 46.3% above this industry median. Based on the distribution chart, Nextgreen Global Bhd ranks #153 out of 567 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Nextgreen Global Bhd has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nextgreen Global Bhd's Current Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Nextgreen Global Bhd ranks #153 out of 567 companies for Current Ratio. This puts Nextgreen Global Bhd in the upper half of its industry. The industry median Current Ratio is 1.60. Nextgreen Global Bhd's value of 2.34 is 46.3% above this benchmark. Historically, Nextgreen Global Bhd's own Current Ratio has ranged from 1.20 to 8.26 over the past decade. While the company's 10-year median is 3.62 vs. the industry median of 1.60, Nextgreen 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 Conglomerates company?
The median Current Ratio among Conglomerates companies is 1.60, based on 567 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. Nextgreen Global Bhd's current Current Ratio of 2.34 is 46.3% 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 Conglomerates industry, the median Current Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nextgreen Global Bhd's current Current Ratio is 2.34, which is 35% below median its own 10-year median of 3.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nextgreen Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nextgreen Global Bhd (XKLS:7241) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.50, compared to a current price of RM0.76 — trading 49.7% below its estimated fair value. The current Current Ratio is 2.34, which is 35% below median its 10-year median of 3.62 and 46.3% above the Conglomerates industry median of 1.60. Nextgreen Global Bhd's overall GF Score™ is 60/100 with 9 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 Nextgreen Global Bhd (XKLS:7241), 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.

Is Nextgreen Global Bhd (XKLS:7241) Overvalued in 2026?

Based on GuruFocus' analysis, Nextgreen Global Bhd stock appears to be undervalued. The current stock price of RM0.76 is trading 49.7% below its estimated GF Value™ of RM1.50. GuruFocus considers Nextgreen Global Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7241:

  • Current Ratio: 2.34 (35% below median its 10-year median of 3.62)
  • GF Value™: RM1.50 vs. price of RM0.76 (49.7% below fair value)
  • GF Score™: 60/100 with 9 warning signs
  • Industry Position: 46.3% above the Conglomerates median (#153 of 567)

No single metric tells the full story. See the XKLS:7241 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nextgreen Global Bhd Business Description

Address No. 1, Jalan Wan Kadir, Level 6-02, Menara LGB, Taman Tun Dr. Ismail, Kuala Lumpur, SGR, MYS, 60000
Nextgreen Global Bhd is an investment holding company. Along with its subsidiaries, the company operates in the following reporting segments: Investment holding, Printing and publishing, Manufacturing, Property and construction, and Utility and renewable energy. A majority of its revenue is generated from the Manufacturing segment, which engages in processing, manufacturing, import, export, and trading of pulps and papers, fertilizers, animal feeds, and related products from waste products. Geographically, the group generates maximum revenue from Malaysia, and the rest from China, France, Singapore, the United States of America, and other regions.
60GF Score

Get the complete analysis for XKLS:7241

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

RM0.76
Price
RM1.50
GF Value