PNAGF (Petronas Gas Bhd) Quick Ratio: 1.85 (As of Mar. 2026) — 49% Below Median


PNAGF Petronas Gas Bhd PNAGF
77 GF Score
Price $4.45
GF Value $3.95
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Petronas Gas Bhd Quick Ratio?

Petronas Gas Bhd PNAGF 77 Quick Ratio is 1.85 as of Mar. 2026, which is 49% below its 10-year median of 3.64. GuruFocus rates PNAGF with a GF Score™ of 77/100 and a GF Value™ of $3.95 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,011 Oil & Gas companies, Petronas Gas Bhd ranks better than 70.13% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Petronas Gas Bhd's quick ratio for the quarter that ended in Mar. 2026 was 1.85.

Petronas Gas Bhd has a quick ratio of 1.85. It generally indicates good short-term financial strength.

The historical rank and industry rank for Petronas Gas Bhd's Quick Ratio or its related term are showing as below:

PNAGF' s Quick Ratio Range Over the Past 10 Years
Min: 1.22   Med: 3.64   Max: 7.51
Current: 1.85

During the past 13 years, Petronas Gas Bhd's highest Quick Ratio was 7.51. The lowest was 1.22. And the median was 3.64.

PNAGF's Quick Ratio is ranked better than
70.13% of 1011 companies
in the Oil & Gas industry
Industry Median: 1.12 vs PNAGF: 1.85

Petronas Gas Bhd  (OTCPK:PNAGF) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Petronas Gas Bhd Quick Ratio Related Terms


Petronas Gas Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for Petronas Gas Bhd's Quick 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.

Petronas Gas Bhd Quick Ratio Chart

Petronas Gas Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.61 3.66 1.87 2.38 1.22

Petronas Gas Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick 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 2.52 2.44 1.97 1.22 1.85

PNAGF vs XOM, CVX: Quick Ratio Comparison

For the Oil & Gas Integrated subindustry, Petronas Gas Bhd's Quick Ratio, along with its competitors' market caps and Quick 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.


Petronas Gas Bhd Quick Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Petronas Gas Bhd's Quick Ratio falls into.


PNAGF
77GF Score
Petronas Gas Bhd PNAGF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Petronas Gas Bhd Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Petronas Gas Bhd's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(706.79-8.847)/572.658
=1.22

Petronas Gas Bhd's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(628.298-9.171)/334.527
=1.85

* 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 Quick Ratio →
What does a Quick Ratio of 1.85 mean?
Petronas Gas Bhd (PNAGF) has a Quick Ratio of 1.85 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Petronas Gas Bhd and its competitors. This is 49% below median its historical median of 3.64. Over the past decade, Petronas Gas Bhd's Quick Ratio has ranged from 1.22 to 7.51. According to the industry distribution chart, Petronas Gas Bhd ranks #302 out of 1011 companies in the Oil & Gas industry, placing it in the top 29.9%.
Is Petronas Gas Bhd's Quick Ratio too high?
Petronas Gas Bhd's current Quick Ratio of 1.85 is 49% below median its 10-year median of 3.64. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 7.51. The Oil & Gas industry median Quick Ratio is 1.12. Petronas Gas Bhd's value of 1.85 is 65.2% above this industry median. Based on the distribution chart, Petronas Gas Bhd ranks #302 out of 1011 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Petronas Gas Bhd has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petronas Gas Bhd's Quick Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Petronas Gas Bhd ranks #302 out of 1011 companies for Quick Ratio. This puts Petronas Gas Bhd in the upper half of its industry. The industry median Quick Ratio is 1.12. Petronas Gas Bhd's value of 1.85 is 65.2% above this benchmark. Historically, Petronas Gas Bhd's own Quick Ratio has ranged from 1.22 to 7.51 over the past decade. While the company's 10-year median is 3.64 vs. the industry median of 1.12, Petronas Gas 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 Quick Ratio for an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Petronas Gas Bhd's current Quick Ratio of 1.85 is 65.2% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Petronas Gas Bhd and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petronas Gas Bhd's current Quick Ratio is 1.85, which is 49% below median its own 10-year median of 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petronas Gas Bhd stock overvalued right now?
Based on GuruFocus' analysis, Petronas Gas Bhd (PNAGF) is currently considered Modestly Overvalued. The stock's GF Value™ is $3.95, compared to a current price of $4.45 — trading 12.7% above its estimated fair value. The current Quick Ratio is 1.85, which is 49% below median its 10-year median of 3.64 and 65.2% above the Oil & Gas industry median of 1.12. Petronas Gas Bhd's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Petronas Gas Bhd (PNAGF), the current Quick Ratio is 1.85 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 Petronas Gas Bhd (PNAGF) Overvalued in 2026?

Based on GuruFocus' analysis, Petronas Gas Bhd stock appears to be overvalued. The current stock price of $4.45 is trading 12.7% above its estimated GF Value™ of $3.95. GuruFocus considers Petronas Gas Bhd to be Modestly Overvalued.

Key valuation signals for PNAGF:

  • Quick Ratio: 1.85 (49% below median its 10-year median of 3.64)
  • GF Value™: $3.95 vs. price of $4.45 (12.7% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 65.2% above the Oil & Gas median (#302 of 1011)

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


Petronas Gas Bhd Business Description

Industry EnergyOil & Gas
Other Exchanges 6033:Malaysia
Address PETRONAS Twin Towers, Level 49 & 50, Tower 1, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company, of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
77GF Score

Get the complete analysis for PNAGF

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

$4.45
Price
$3.95
GF Value