CN Asia BhdXKLS:7986 Current Ratio is 2.09 as of Sep. 2025, which is 60% below its 10-year median of 5.28. The stock has 7 warning signs investors should review. Among 3,073 Industrial Products companies, CN Asia Bhd ranks better than 55.06% 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. CN Asia Bhd's current ratio for the quarter that ended in Sep. 2025 was 2.09.
CN Asia Bhd has a current ratio of 2.09. It generally indicates good short-term financial strength.
The historical rank and industry rank for CN Asia Bhd's Current Ratio or its related term are showing as below:
XKLS:7986'
s Current Ratio Range Over the Past 10 Years
Min: 0.37 Med: 5.28 Max: 13.4
Current: 2.09
During the past 13 years, CN Asia Bhd's highest Current Ratio was 13.40. The lowest was 0.37. And the median was 5.28.
XKLS:7986's Current Ratio is ranked better than 55.06% of 3073
companies
in the Industrial Products industry
Industry Median: 1.96
vs XKLS:7986: 2.09
CN Asia Bhd (XKLS:7986) 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.
CN Asia Bhd Current Ratio Related Terms
CN Asia Bhd Current Ratio Historical Data
* Premium members only.
The historical data trend for CN Asia 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.
XKLS:7986 vs GEV, ETN, PH: Current Ratio Comparison
For the Specialty Industrial Machinery subindustry, CN Asia 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.
CN Asia Bhd Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, CN Asia Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where CN Asia Bhd's Current Ratio falls into.
* 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.
CN Asia Bhd (XKLS:7986) has a Current Ratio of 2.09 as of Sep. 2025. This is 60% below median its historical median of 5.28. Over the past decade, CN Asia Bhd's Current Ratio has ranged from 0.37 to 13.40. According to the industry distribution chart, CN Asia Bhd ranks #1381 out of 3073 companies in the Industrial Products industry, placing it in the top 44.9%.
Is CN Asia Bhd's Current Ratio too high?
CN Asia Bhd's current Current Ratio of 2.09 is 60% below median its 10-year median of 5.28. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 13.40. The Industrial Products industry median Current Ratio is 1.96. CN Asia Bhd's value of 2.09 is 6.6% above this industry median. Based on the distribution chart, CN Asia Bhd ranks #1381 out of 3073 companies in the Industrial Products industry, which is above the industry midpoint.
How does CN Asia Bhd's Current Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, CN Asia Bhd ranks #1381 out of 3073 companies for Current Ratio. This puts CN Asia Bhd in the upper half of its industry. The industry median Current Ratio is 1.96. CN Asia Bhd's value of 2.09 is 6.6% above this benchmark. Historically, CN Asia Bhd's own Current Ratio has ranged from 0.37 to 13.40 over the past decade. While the company's 10-year median is 5.28 vs. the industry median of 1.96, CN Asia 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,073 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. CN Asia Bhd's current Current Ratio of 2.09 is 6.6% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CN Asia Bhd's current Current Ratio is 2.09, which is 60% below median its own 10-year median of 5.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CN Asia Bhd stock overvalued right now?
Based on GuruFocus' analysis, CN Asia Bhd (XKLS:7986) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.23, compared to a current price of RM0.07 — trading 71.7% below its estimated fair value. The current Current Ratio is 2.09, which is 60% below median its 10-year median of 5.28 and 6.6% above the Industrial Products industry median of 1.96. 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 CN Asia Bhd (XKLS:7986), the current Current Ratio is 2.09 as of Sep. 2025. 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.
CN Asia Corp Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the manufacturing and trading of underground and skid tanks, dish ends, pressure vessels, road tankers, pipings for the petroleum industry, specialised engineering and fabrication works, and operating as sub-contractors for civil engineering works. The group's operating business segments are: Manufacturing, Investment, Financial Services, and Energy Management. The majority of its revenue is generated from the Manufacturing segment, which manufactures tanks and other related products, and is involved in engineering and fabrication works. Geographically, the group generates maximum revenue from Malaysia, followed by Hong Kong, Singapore, Brunei, and the Philippines.
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