Handal Energy Bhd (XKLS:7253) Current Ratio: 0.43 (As of Mar. 2026) — 63% Below Median


What is Handal Energy Bhd Current Ratio?

Handal Energy Bhd XKLS:7253 Current Ratio is 0.43 as of Mar. 2026, which is 63% below its 10-year median of 1.15. The stock has 4 warning signs investors should review. Among 1,012 Oil & Gas companies, Handal Energy Bhd ranks worse than 89.43% 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. Handal Energy Bhd's current ratio for the quarter that ended in Mar. 2026 was 0.43.

Handal Energy Bhd has a current ratio of 0.43. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Handal Energy Bhd has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

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

XKLS:7253' s Current Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.15   Max: 3.33
Current: 0.43

During the past 12 years, Handal Energy Bhd's highest Current Ratio was 3.33. The lowest was 0.36. And the median was 1.15.

XKLS:7253's Current Ratio is ranked worse than
89.43% of 1012 companies
in the Oil & Gas industry
Industry Median: 1.35 vs XKLS:7253: 0.43

Handal Energy Bhd  (XKLS:7253) 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.


Handal Energy Bhd Current Ratio Related Terms


Handal Energy Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for Handal Energy 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.

Handal Energy Bhd Current Ratio Chart

Handal Energy Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Jun20 Jun21 Dec23
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.93 2.86 0.93 1.10 0.68

Handal Energy Bhd Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.55 0.53 0.49 0.36 0.43

XKLS:7253 vs SLB, BKR, HAL: Current Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Handal Energy 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.


Handal Energy Bhd Current Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Handal Energy Bhd's Current Ratio distribution charts can be found below:

* The bar in red indicates where Handal Energy Bhd's Current Ratio falls into.



Handal Energy 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.

Handal Energy 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 )
=36.135/53.327
=0.68

Handal Energy 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 )
=37.917/88.763
=0.43

* 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 0.43 mean?
Handal Energy Bhd (XKLS:7253) has a Current Ratio of 0.43 as of Mar. 2026. This is 63% below median its historical median of 1.15. Over the past decade, Handal Energy Bhd's Current Ratio has ranged from 0.36 to 3.33. According to the industry distribution chart, Handal Energy Bhd ranks #905 out of 1012 companies in the Oil & Gas industry, placing it in the top 89.4%.
Is Handal Energy Bhd's Current Ratio too high?
Handal Energy Bhd's current Current Ratio of 0.43 is 63% below median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 3.33. The Oil & Gas industry median Current Ratio is 1.35. Handal Energy Bhd's value of 0.43 is 68.1% below this industry median. Based on the distribution chart, Handal Energy Bhd ranks #905 out of 1012 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Handal Energy Bhd's Current Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Handal Energy Bhd ranks #905 out of 1012 companies for Current Ratio. This places Handal Energy Bhd in the lower half of its industry. The industry median Current Ratio is 1.35. Handal Energy Bhd's value of 0.43 is 68.1% below this benchmark. Historically, Handal Energy Bhd's own Current Ratio has ranged from 0.36 to 3.33 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 1.35, Handal Energy Bhd has consistently been below 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 an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.35, based on 1,012 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. Handal Energy Bhd's current Current Ratio of 0.43 is 68.1% below 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 Oil & Gas industry, the median Current Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Handal Energy Bhd's current Current Ratio is 0.43, which is 63% below median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Handal Energy Bhd stock overvalued right now?
Handal Energy Bhd (XKLS:7253) has a current Current Ratio of 0.43. The stock's GF Value™ is RM0.04, compared to a current price of RM0.01 — trading 75% below its estimated fair value. The current Current Ratio is 0.43, which is 63% below median its 10-year median of 1.15 and 68.1% below the Oil & Gas industry median of 1.35. 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 Handal Energy Bhd (XKLS:7253), the current Current Ratio is 0.43 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.

Handal Energy Bhd Business Description

Industry EnergyOil & Gas
Address Mukim Teluk Kalong, Lot PT7358, Kawasan Perindustrian Teluk Kalong, Kemaman, Terengganu Darul Iman, TRG, MYS, 24007
Handal Energy Bhd provides integrated crane services in Malaysia. The company's operating segment includes Investment holding; Integrated, maintenance, repair and overhaul services; and other segments. It generates maximum revenue from the Integrated, maintenance, repair and overhaul services segment. Geographically, it operates only in Malaysia.