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Nova MSC BhdXKLS:0026 -7.69% Quick Ratio is 1.83 as of Mar. 2026, which is 12% below its 10-year median of 2.09. The stock has 7 warning signs investors should review. Among 2,869 Software companies, Nova MSC Bhd ranks better than 53.4% 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. Nova MSC Bhd's quick ratio for the quarter that ended in Mar. 2026 was 1.83.
Nova MSC Bhd has a quick ratio of 1.83. It generally indicates good short-term financial strength.
The historical rank and industry rank for Nova MSC Bhd's Quick Ratio or its related term are showing as below:
XKLS:0026'
s Quick Ratio Range Over the Past 10 Years
Min: 0.65 Med: 2.09 Max: 3.73
Current: 1.83
During the past 13 years, Nova MSC Bhd's highest Quick Ratio was 3.73. The lowest was 0.65. And the median was 2.09.
XKLS:0026's Quick Ratio is ranked better than 53.4% of 2869
companies
in the Software industry
Industry Median: 1.7
vs XKLS:0026: 1.83
Nova MSC Bhd (XKLS:0026) 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.
Nova MSC Bhd Quick Ratio Related Terms
Nova MSC Bhd Quick Ratio Historical Data
* Premium members only.
The historical data trend for Nova MSC 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.
XKLS:0026 vs UBER, SHOP, CRM: Quick Ratio Comparison
For the Software - Application subindustry, Nova MSC 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.
Nova MSC Bhd Quick Ratio vs Software Industry
For the Software industry and Technology sector, Nova MSC Bhd's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Nova MSC Bhd's Quick Ratio falls into.
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.
Nova MSC Bhd's Quick Ratio for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Nova MSC Bhd (XKLS:0026) has a Quick Ratio of 1.83 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Nova MSC Bhd and its competitors. This is 12% below median its historical median of 2.09. Over the past decade, Nova MSC Bhd's Quick Ratio has ranged from 0.65 to 3.73. According to the industry distribution chart, Nova MSC Bhd ranks #1337 out of 2869 companies in the Software industry, placing it in the top 46.6%.
Is Nova MSC Bhd's Quick Ratio too high?
Nova MSC Bhd's current Quick Ratio of 1.83 is 12% below median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 3.73. The Software industry median Quick Ratio is 1.70. Nova MSC Bhd's value of 1.83 is 7.6% above this industry median. Based on the distribution chart, Nova MSC Bhd ranks #1337 out of 2869 companies in the Software industry, which is above the industry midpoint.
How does Nova MSC Bhd's Quick Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Nova MSC Bhd ranks #1337 out of 2869 companies for Quick Ratio. This puts Nova MSC Bhd in the upper half of its industry. The industry median Quick Ratio is 1.70. Nova MSC Bhd's value of 1.83 is 7.6% above this benchmark. Historically, Nova MSC Bhd's own Quick Ratio has ranged from 0.65 to 3.73 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 1.70, Nova MSC 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 a Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,869 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. Nova MSC Bhd's current Quick Ratio of 1.83 is 7.6% 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 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 Nova MSC Bhd and its competitors. For the Software industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova MSC Bhd's current Quick Ratio is 1.83, which is 12% below median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova MSC Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nova MSC Bhd (XKLS:0026) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.06 — trading 20% above its estimated fair value. The current Quick Ratio is 1.83, which is 12% below median its 10-year median of 2.09 and 7.6% above the Software industry median of 1.70. 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 Nova MSC Bhd (XKLS:0026), the current Quick Ratio is 1.83 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.
Nova MSC Bhd is an investment holding company engaged in software research and development and the provision of e-business solutions through application software and professional services. The Group operates one segment, E-Business Solutions, covering software development, e-business solutions, and software-related consultancy services. Its products include Pavo for online submissions, Fornax for electronic plan checking, Vesalius for hospital functions, Avicenna for cloud-based patient management, EyScan for retinal photo analysis using SELENA+, and Dexie, a social robot for dementia care. The Company also provides consultancy, training, maintenance and customization services in Malaysia and Singapore.
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