GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PGF Capital Bhd (XKLS:8117) » Definitions » Current Ratio

PGF Capital Bhd (XKLS:8117) Current Ratio : 2.82 (As of Aug. 2024)


View and export this data going back to 1990. Start your Free Trial

What is PGF Capital Bhd Current Ratio?

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. PGF Capital Bhd's current ratio for the quarter that ended in Aug. 2024 was 2.82.

PGF Capital Bhd has a current ratio of 2.82. It generally indicates good short-term financial strength.

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

XKLS:8117' s Current Ratio Range Over the Past 10 Years
Min: 1.23   Med: 1.94   Max: 2.82
Current: 2.82

During the past 13 years, PGF Capital Bhd's highest Current Ratio was 2.82. The lowest was 1.23. And the median was 1.94.

XKLS:8117's Current Ratio is ranked better than
69.78% of 1562 companies
in the Chemicals industry
Industry Median: 1.93 vs XKLS:8117: 2.82

PGF Capital Bhd Current Ratio Historical Data

The historical data trend for PGF Capital 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.

* Premium members only.

PGF Capital Bhd Current Ratio Chart

PGF Capital Bhd Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 1.74 1.68 1.84 2.15

PGF Capital Bhd Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 2.19 2.30 2.15 2.62 2.82

Competitive Comparison of PGF Capital Bhd's Current Ratio

For the Specialty Chemicals subindustry, PGF Capital 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.


PGF Capital Bhd's Current Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PGF Capital Bhd's Current Ratio distribution charts can be found below:

* The bar in red indicates where PGF Capital Bhd's Current Ratio falls into.



PGF Capital 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.

PGF Capital Bhd's Current Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Current Ratio (A: Feb. 2024 )=Total Current Assets (A: Feb. 2024 )/Total Current Liabilities (A: Feb. 2024 )
=79.64/36.98
=2.15

PGF Capital Bhd's Current Ratio for the quarter that ended in Aug. 2024 is calculated as

Current Ratio (Q: Aug. 2024 )=Total Current Assets (Q: Aug. 2024 )/Total Current Liabilities (Q: Aug. 2024 )
=118.418/42.059
=2.82

* 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.


PGF Capital Bhd  (XKLS:8117) 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.


PGF Capital Bhd Current Ratio Related Terms

Thank you for viewing the detailed overview of PGF Capital Bhd's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PGF Capital Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 2449, Lorong Perusahaan Sepuluh, Kawasan Perusahaan Perai, Perai, PNG, MYS, 13600
PGF Capital Bhd is an investment holding company with subsidiaries involved in manufacturing, agriculture, property development, and property investment. The group has three business segments namely Insulation; Property development and Investment holding. The company generates maximum revenue from the Property development segment.

PGF Capital Bhd Headlines

No Headlines