Techbase Industries BhdXKLS:8966 Current Ratio is 3.24 as of Jan. 2026, which is 6% below its 10-year median of 3.44. The stock has 3 warning signs investors should review. Among 1,066 Manufacturing - Apparel & Accessories companies, Techbase Industries Bhd ranks better than 77.3% 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. Techbase Industries Bhd's current ratio for the quarter that ended in Jan. 2026 was 3.24.
Techbase Industries Bhd has a current ratio of 3.24. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Techbase Industries Bhd's Current Ratio or its related term are showing as below:
XKLS:8966'
s Current Ratio Range Over the Past 10 Years
Min: 1.88 Med: 3.44 Max: 5.67
Current: 3.24
During the past 13 years, Techbase Industries Bhd's highest Current Ratio was 5.67. The lowest was 1.88. And the median was 3.44.
XKLS:8966's Current Ratio is ranked better than 77.3% of 1066
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.8
vs XKLS:8966: 3.24
Techbase Industries Bhd (XKLS:8966) 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.
Techbase Industries Bhd Current Ratio Related Terms
Techbase Industries Bhd Current Ratio Historical Data
* 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:8966 vs RL, LEVI, VFC: Current Ratio Comparison
For the Apparel Manufacturing subindustry, Techbase Industries 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.
Techbase Industries Bhd Current Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Techbase Industries Bhd's Current Ratio distribution charts can be found below:
* The bar in red indicates where Techbase Industries 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.
Techbase Industries Bhd (XKLS:8966) has a Current Ratio of 3.24 as of Jan. 2026. This is near median its historical median of 3.44. Over the past decade, Techbase Industries Bhd's Current Ratio has ranged from 1.88 to 5.67. According to the industry distribution chart, Techbase Industries Bhd ranks #242 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.7%.
Is Techbase Industries Bhd's Current Ratio too high?
Techbase Industries Bhd's current Current Ratio of 3.24 is near median its 10-year median of 3.44. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 5.67. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.80. Techbase Industries Bhd's value of 3.24 is 80% above this industry median. Based on the distribution chart, Techbase Industries Bhd ranks #242 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers.
How does Techbase Industries Bhd's Current Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Techbase Industries Bhd ranks #242 out of 1066 companies for Current Ratio. This places Techbase Industries Bhd in the top 23% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.80. Techbase Industries Bhd's value of 3.24 is 80% above this benchmark. Historically, Techbase Industries Bhd's own Current Ratio has ranged from 1.88 to 5.67 over the past decade. While the company's 10-year median is 3.44 vs. the industry median of 1.80, Techbase Industries 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 Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.80, based on 1,066 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. Techbase Industries Bhd's current Current Ratio of 3.24 is 80% 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 Manufacturing - Apparel & Accessories industry, the median Current Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techbase Industries Bhd's current Current Ratio is 3.24, which is near median its own 10-year median of 3.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techbase Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Techbase Industries Bhd (XKLS:8966) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.11, compared to a current price of RM0.06 — trading 45.5% below its estimated fair value. The current Current Ratio is 3.24, which is near median its 10-year median of 3.44 and 80% above the Manufacturing - Apparel & Accessories industry median of 1.80. 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 Techbase Industries Bhd (XKLS:8966), the current Current Ratio is 3.24 as of Jan. 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.
Techbase Industries Bhd is engaged in Apparel Manufacturing and the Textile industry. Its apparel section includes products such as outerwear, tops, and bottoms, children's and adult wear. The company has four reportable operating segments: Apparel, Textile, Advertising, and Others. The majority of revenue is earned from the apparel segment.
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