Asia Poly Holdings Bhd (XKLS:0105) Quick Ratio: 0.87 (As of Mar. 2026) — 36% Below Median


What is Asia Poly Holdings Bhd Quick Ratio?

Asia Poly Holdings Bhd XKLS:0105 +8.33% Quick Ratio is 0.87 as of Mar. 2026, which is 36% below its 10-year median of 1.37. The stock has 6 warning signs investors should review. Among 1,609 Chemicals companies, Asia Poly Holdings Bhd ranks worse than 72.34% 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. Asia Poly Holdings Bhd's quick ratio for the quarter that ended in Mar. 2026 was 0.87.

Asia Poly Holdings Bhd has a quick ratio of 0.87. It indicates that the company cannot currently fully pay back its current liabilities.

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

XKLS:0105' s Quick Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.37   Max: 2.47
Current: 0.87

During the past 13 years, Asia Poly Holdings Bhd's highest Quick Ratio was 2.47. The lowest was 0.66. And the median was 1.37.

XKLS:0105's Quick Ratio is ranked worse than
72.34% of 1609 companies
in the Chemicals industry
Industry Median: 1.38 vs XKLS:0105: 0.87

Asia Poly Holdings Bhd  (XKLS:0105) 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.


Asia Poly Holdings Bhd Quick Ratio Related Terms


Asia Poly Holdings Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for Asia Poly Holdings 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.

Asia Poly Holdings Bhd Quick Ratio Chart

Asia Poly Holdings 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 1.58 0.96 0.95 0.82 0.85

Asia Poly Holdings 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 0.89 0.94 0.91 0.85 0.87

XKLS:0105 vs LIN, SHW, ECL: Quick Ratio Comparison

For the Specialty Chemicals subindustry, Asia Poly Holdings 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.


Asia Poly Holdings Bhd Quick Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asia Poly Holdings Bhd's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Asia Poly Holdings Bhd's Quick Ratio falls into.



Asia Poly Holdings 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.

Asia Poly Holdings 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
=(83.112-38.508)/52.223
=0.85

Asia Poly Holdings 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
=(79.551-37.871)/47.899
=0.87

* 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 0.87 mean?
Asia Poly Holdings Bhd (XKLS:0105) has a Quick Ratio of 0.87 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Asia Poly Holdings Bhd and its competitors. This is 36% below median its historical median of 1.37. Over the past decade, Asia Poly Holdings Bhd's Quick Ratio has ranged from 0.66 to 2.47. According to the industry distribution chart, Asia Poly Holdings Bhd ranks #1164 out of 1609 companies in the Chemicals industry, placing it in the top 72.3%.
Is Asia Poly Holdings Bhd's Quick Ratio too high?
Asia Poly Holdings Bhd's current Quick Ratio of 0.87 is 36% below median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 2.47. The Chemicals industry median Quick Ratio is 1.38. Asia Poly Holdings Bhd's value of 0.87 is 37% below this industry median. Based on the distribution chart, Asia Poly Holdings Bhd ranks #1164 out of 1609 companies in the Chemicals industry, which is below the industry midpoint.
How does Asia Poly Holdings Bhd's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asia Poly Holdings Bhd ranks #1164 out of 1609 companies for Quick Ratio. This places Asia Poly Holdings Bhd in the lower half of its industry. The industry median Quick Ratio is 1.38. Asia Poly Holdings Bhd's value of 0.87 is 37% below this benchmark. Historically, Asia Poly Holdings Bhd's own Quick Ratio has ranged from 0.66 to 2.47 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 1.38, Asia Poly 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 Quick Ratio for a Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,609 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. Asia Poly Holdings Bhd's current Quick Ratio of 0.87 is 37% 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 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 Asia Poly Holdings Bhd and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Poly Holdings Bhd's current Quick Ratio is 0.87, which is 36% below median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Poly Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Asia Poly Holdings Bhd (XKLS:0105) is currently considered Fairly Valued. The stock's GF Value™ is RM0.07, compared to a current price of RM0.07 — trading 7.1% below its estimated fair value. The current Quick Ratio is 0.87, which is 36% below median its 10-year median of 1.37 and 37% below the Chemicals industry median of 1.38. 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 Asia Poly Holdings Bhd (XKLS:0105), the current Quick Ratio is 0.87 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.

Asia Poly Holdings Bhd Business Description

Address Jalan PJU 1A/7A Ara Damansara, PJU 1A, E-G-3A, Block E, Oasis Square No.2, Selangor Darul Ehsan, Petaling Jaya, SGR, MYS, 47301
Asia Poly Holdings Bhd is engaged in the business of investment holding. Through its subsidiary, it is engaged in the manufacturing and selling of acrylic products (acrylic sheets and acrylic blocks) in various types and sizes. It manufactures a wide range of cast acrylic sheet products, which are available in various specifications such as clear, tinted, opaque, and fluorescent. Its segments are Investment holdings, including Investment holding company; Manufacturing consists of Manufacturing of cast acrylic products; Property development provides Property development; Renewable energy offers Renewable energy from biogas plant; and Others - Others not reported in the above segments. Geographically, it operates in Malaysia, Europe, India, the Middle East, the United States, and Others.