Green Ocean BhdXKLS:0074 Quick Ratio is 17.23 as of Mar. 2026, which is 119% above its 10-year median of 7.88. The stock has 3 warning signs investors should review. Among 1,984 Consumer Packaged Goods companies, Green Ocean Bhd ranks better than 98.08% 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. Green Ocean Bhd's quick ratio for the quarter that ended in Mar. 2026 was 17.23.
Green Ocean Bhd has a quick ratio of 17.23. It generally indicates good short-term financial strength.
The historical rank and industry rank for Green Ocean Bhd's Quick Ratio or its related term are showing as below:
XKLS:0074'
s Quick Ratio Range Over the Past 10 Years
Min: 0.46 Med: 7.88 Max: 308.86
Current: 17.23
During the past 13 years, Green Ocean Bhd's highest Quick Ratio was 308.86. The lowest was 0.46. And the median was 7.88.
XKLS:0074's Quick Ratio is ranked better than 98.08% of 1984
companies
in the Consumer Packaged Goods industry
Industry Median: 1.12
vs XKLS:0074: 17.23
Green Ocean Bhd (XKLS:0074) 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.
Green Ocean Bhd Quick Ratio Related Terms
Green Ocean Bhd Quick Ratio Historical Data
* Premium members only.
The historical data trend for Green Ocean 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.
For the Farm Products subindustry, Green Ocean 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.
Green Ocean Bhd Quick Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Green Ocean Bhd's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Green Ocean 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.
Green Ocean Bhd's Quick Ratio for the fiscal year that ended in Mar. 2026 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.
Green Ocean Bhd (XKLS:0074) has a Quick Ratio of 17.23 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Green Ocean Bhd and its competitors. This is 119% above median its historical median of 7.88. Over the past decade, Green Ocean Bhd's Quick Ratio has ranged from 0.46 to 308.86. According to the industry distribution chart, Green Ocean Bhd ranks #38 out of 1984 companies in the Consumer Packaged Goods industry, placing it in the top 1.9%.
Is Green Ocean Bhd's Quick Ratio too high?
Green Ocean Bhd's current Quick Ratio of 17.23 is 119% above median its 10-year median of 7.88. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 308.86. The Consumer Packaged Goods industry median Quick Ratio is 1.12. Green Ocean Bhd's value of 17.23 is 1438.4% above this industry median. Based on the distribution chart, Green Ocean Bhd ranks #38 out of 1984 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers.
How does Green Ocean Bhd's Quick Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Green Ocean Bhd ranks #38 out of 1984 companies for Quick Ratio. This places Green Ocean Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.12. Green Ocean Bhd's value of 17.23 is 1438.4% above this benchmark. Historically, Green Ocean Bhd's own Quick Ratio has ranged from 0.46 to 308.86 over the past decade. While the company's 10-year median is 7.88 vs. the industry median of 1.12, Green Ocean 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.12, based on 1,984 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. Green Ocean Bhd's current Quick Ratio of 17.23 is 1438.4% 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 Green Ocean Bhd and its competitors. For the Consumer Packaged Goods 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. Green Ocean Bhd's current Quick Ratio is 17.23, which is 119% above median its own 10-year median of 7.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Ocean Bhd stock overvalued right now?
Based on GuruFocus' analysis, Green Ocean Bhd (XKLS:0074) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.17, compared to a current price of RM0.09 — trading 47.1% below its estimated fair value. The current Quick Ratio is 17.23, which is 119% above median its 10-year median of 7.88 and 1438.4% above the Consumer Packaged Goods industry median of 1.12. 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 Green Ocean Bhd (XKLS:0074), the current Quick Ratio is 17.23 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.
Green Ocean Corp Bhd is an investment holding company. The company is principally involved in the manufacturing and trading of gloves as well as the distribution and trading of food and beverage ("F&B") products. The company segment includes the Trading of gloves, the Distribution and trading of F&B, and others. The company generates the majority of its revenue from the Distribution and trading of F&B.
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