OpenMove AI BhdXKLS:0106 -1.79%72 Quick Ratio is 4.63 as of Mar. 2026, which is 20% below its 10-year median of 5.79. GuruFocus rates XKLS:0106 with a GF Score™ of 72/100 and a GF Value™ of RM0.56 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,862 Software companies, OpenMove AI Bhd ranks better than 85.88% 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. OpenMove AI Bhd's quick ratio for the quarter that ended in Mar. 2026 was 4.63.
OpenMove AI Bhd has a quick ratio of 4.63. It generally indicates good short-term financial strength.
The historical rank and industry rank for OpenMove AI Bhd's Quick Ratio or its related term are showing as below:
XKLS:0106'
s Quick Ratio Range Over the Past 10 Years
Min: 3.3 Med: 5.79 Max: 11.56
Current: 4.63
During the past 13 years, OpenMove AI Bhd's highest Quick Ratio was 11.56. The lowest was 3.30. And the median was 5.79.
XKLS:0106's Quick Ratio is ranked better than 85.88% of 2862
companies
in the Software industry
Industry Median: 1.7
vs XKLS:0106: 4.63
OpenMove AI Bhd (XKLS:0106) 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.
OpenMove AI Bhd Quick Ratio Related Terms
OpenMove AI Bhd Quick Ratio Historical Data
* Premium members only.
The historical data trend for OpenMove AI 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:0106 vs IBM, ACN, FISV: Quick Ratio Comparison
For the Information Technology Services subindustry, OpenMove AI 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.
OpenMove AI Bhd Quick Ratio vs Software Industry
For the Software industry and Technology sector, OpenMove AI Bhd's Quick Ratio distribution charts can be found below:
* The bar in red indicates where OpenMove AI 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.
OpenMove AI Bhd's Quick Ratio for the fiscal year that ended in Dec. 2025 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.
OpenMove AI Bhd (XKLS:0106) has a Quick Ratio of 4.63 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on OpenMove AI Bhd and its competitors. This is 20% below median its historical median of 5.79. Over the past decade, OpenMove AI Bhd's Quick Ratio has ranged from 3.30 to 11.56. According to the industry distribution chart, OpenMove AI Bhd ranks #404 out of 2862 companies in the Software industry, placing it in the top 14.1%.
Is OpenMove AI Bhd's Quick Ratio too high?
OpenMove AI Bhd's current Quick Ratio of 4.63 is 20% below median its 10-year median of 5.79. Over the past 10 years, this metric has ranged from a low of 3.30 to a high of 11.56. The Software industry median Quick Ratio is 1.70. OpenMove AI Bhd's value of 4.63 is 172.4% above this industry median. Based on the distribution chart, OpenMove AI Bhd ranks #404 out of 2862 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, OpenMove AI Bhd has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does OpenMove AI Bhd's Quick Ratio compare to IBM and ACN?
According to the Software industry distribution chart, OpenMove AI Bhd ranks #404 out of 2862 companies for Quick Ratio. This places OpenMove AI Bhd in the top 14% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.70. OpenMove AI Bhd's value of 4.63 is 172.4% above this benchmark. Historically, OpenMove AI Bhd's own Quick Ratio has ranged from 3.30 to 11.56 over the past decade. While the company's 10-year median is 5.79 vs. the industry median of 1.70, OpenMove AI 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 2,862 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. OpenMove AI Bhd's current Quick Ratio of 4.63 is 172.4% 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 OpenMove AI 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. OpenMove AI Bhd's current Quick Ratio is 4.63, which is 20% below median its own 10-year median of 5.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OpenMove AI Bhd stock overvalued right now?
Based on GuruFocus' analysis, OpenMove AI Bhd (XKLS:0106) is currently considered Fairly Valued. The stock's GF Value™ is RM0.56, compared to a current price of RM0.55 — trading 1.8% below its estimated fair value. The current Quick Ratio is 4.63, which is 20% below median its 10-year median of 5.79 and 172.4% above the Software industry median of 1.70. OpenMove AI Bhd's overall GF Score™ is 72/100 with 2 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 OpenMove AI Bhd (XKLS:0106), the current Quick Ratio is 4.63 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 OpenMove AI Bhd (XKLS:0106) Overvalued in 2026?
Based on GuruFocus' analysis, OpenMove AI Bhd stock appears to be undervalued.
The current stock price of RM0.55 is trading 1.8% below its estimated GF Value™ of RM0.56.
GuruFocus considers OpenMove AI Bhd to be Fairly Valued.
Key valuation signals for XKLS:0106:
Quick Ratio: 4.63 (20% below median its 10-year median of 5.79)
GF Value™: RM0.56 vs. price of RM0.55 (1.8% below fair value)
Industry Position: 172.4% above the Software median (#404 of 2862)
No single metric tells the full story. See the XKLS:0106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OpenMove AI Bhd, formerly known as Rexit Bhd, focuses on delivering solutions and services to the general insurance and financial service industries. It offers several web-based insurance solutions that cater to the front-end marketing and sales functions, as well as the back-end operations of insurance companies. It also offers a suite of workflow, case management, and document management applications suited for the financial industry. Its products include e-Cover, which is an online insurance transaction system; e-PPA, which is an online system to submit investment and redemption applications to the employee provident fund, IIMS, which is an integrated workflow, case management, and document management system and others. Geographically, it derives a majority of its revenue from Malaysia.
72GF Score
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