Leader Steel Holdings Bhd (XKLS:9881) Current Ratio: 1.36 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:9881 Leader Steel Holdings Bhd XKLS:9881
45 GF Score
Price RM0.37
GF Value RM0.34
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Leader Steel Holdings Bhd Current Ratio?

Leader Steel Holdings Bhd XKLS:9881 45 Current Ratio is 1.36 as of Mar. 2026, which is 2% above its 10-year median of 1.33. GuruFocus rates XKLS:9881 with a GF Score™ of 45/100 and a GF Value™ of RM0.34 (Fairly Valued). The stock has 6 warning signs investors should review. Among 634 Steel companies, Leader Steel Holdings Bhd ranks worse than 62.93% 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. Leader Steel Holdings Bhd's current ratio for the quarter that ended in Mar. 2026 was 1.36.

Leader Steel Holdings Bhd has a current ratio of 1.36. It generally indicates good short-term financial strength.

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

XKLS:9881' s Current Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.33   Max: 2.33
Current: 1.36

During the past 13 years, Leader Steel Holdings Bhd's highest Current Ratio was 2.33. The lowest was 0.93. And the median was 1.33.

XKLS:9881's Current Ratio is ranked worse than
62.93% of 634 companies
in the Steel industry
Industry Median: 1.63 vs XKLS:9881: 1.36

Leader Steel Holdings Bhd  (XKLS:9881) 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.


Leader Steel Holdings Bhd Current Ratio Related Terms


Leader Steel Holdings Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for Leader Steel Holdings 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.

Leader Steel Holdings Bhd Current Ratio Chart

Leader Steel Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 1.58 1.09 1.79 1.84

Leader Steel Holdings 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 2.19 2.04 1.81 1.84 1.36

XKLS:9881 vs NUE, STLD, RS: Current Ratio Comparison

For the Steel subindustry, Leader Steel Holdings 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.


Leader Steel Holdings Bhd Current Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Leader Steel Holdings Bhd's Current Ratio distribution charts can be found below:

* The bar in red indicates where Leader Steel Holdings Bhd's Current Ratio falls into.


XKLS:9881
45GF Score
Leader Steel Holdings Bhd XKLS:9881
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leader Steel Holdings 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.

Leader Steel Holdings 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 )
=95.521/52.055
=1.84

Leader Steel Holdings 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 )
=156.658/115.589
=1.36

* 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 1.36 mean?
Leader Steel Holdings Bhd (XKLS:9881) has a Current Ratio of 1.36 as of Mar. 2026. This is near median its historical median of 1.33. Over the past decade, Leader Steel Holdings Bhd's Current Ratio has ranged from 0.93 to 2.33. According to the industry distribution chart, Leader Steel Holdings Bhd ranks #399 out of 634 companies in the Steel industry, placing it in the top 62.9%.
Is Leader Steel Holdings Bhd's Current Ratio too high?
Leader Steel Holdings Bhd's current Current Ratio of 1.36 is near median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 2.33. The Steel industry median Current Ratio is 1.63. Leader Steel Holdings Bhd's value of 1.36 is 16.6% below this industry median. Based on the distribution chart, Leader Steel Holdings Bhd ranks #399 out of 634 companies in the Steel industry, which is below the industry midpoint. Overall, Leader Steel Holdings Bhd has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Leader Steel Holdings Bhd's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Leader Steel Holdings Bhd ranks #399 out of 634 companies for Current Ratio. This places Leader Steel Holdings Bhd in the lower half of its industry. The industry median Current Ratio is 1.63. Leader Steel Holdings Bhd's value of 1.36 is 16.6% below this benchmark. Historically, Leader Steel Holdings Bhd's own Current Ratio has ranged from 0.93 to 2.33 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 1.63, Leader Steel Holdings 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 a Steel company?
The median Current Ratio among Steel companies is 1.63, based on 634 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. Leader Steel Holdings Bhd's current Current Ratio of 1.36 is 16.6% 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 Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leader Steel Holdings Bhd's current Current Ratio is 1.36, which is near median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leader Steel Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Leader Steel Holdings Bhd (XKLS:9881) is currently considered Fairly Valued. The stock's GF Value™ is RM0.34, compared to a current price of RM0.37 — trading 8.8% above its estimated fair value. The current Current Ratio is 1.36, which is near median its 10-year median of 1.33 and 16.6% below the Steel industry median of 1.63. Leader Steel Holdings Bhd's overall GF Score™ is 45/100 with 6 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 Leader Steel Holdings Bhd (XKLS:9881), the current Current Ratio is 1.36 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 Leader Steel Holdings Bhd (XKLS:9881) Overvalued in 2026?

Based on GuruFocus' analysis, Leader Steel Holdings Bhd stock appears to be overvalued. The current stock price of RM0.37 is trading 8.8% above its estimated GF Value™ of RM0.34. GuruFocus considers Leader Steel Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:9881:

  • Current Ratio: 1.36 (near median its 10-year median of 1.33)
  • GF Value™: RM0.34 vs. price of RM0.37 (8.8% above fair value)
  • GF Score™: 45/100 with 6 warning signs
  • Industry Position: 16.6% below the Steel median (#399 of 634)

No single metric tells the full story. See the XKLS:9881 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leader Steel Holdings Bhd Business Description

Address Wisma Leader Steel, Plot 85, Lorong Perusahaan Utama, Kawasan Perusahaan Bukit Tengah, Bukit Tengah, Seberang Prai Tengah, PNG, MYS, 14000
Leader Steel Holdings Bhd is an investment holding company. It is engaged in the business segment of Manufacturing, processing, and trading of steel and metal products and minerals. The group's steel and metal products include steel pipes and tubes, hollow sections, and steel flat bar, whereas the minerals include iron ore, manganese, mill scales, and slags. The company has two segments: the Steel segment and the Mineral segment. The company generates the majority of its revenue from the steel segment, which is engaged in the manufacturing and distribution of steel products. Geographically, the company operates in Malaysia, China, Hong Kong, Macau, the United Kingdom, and other countries, of which key revenue is generated from Malaysia.
45GF Score

Get the complete analysis for XKLS:9881

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

RM0.37
Price
RM0.34
GF Value