TechnoDex Bhd (XKLS:0132) Quick Ratio: 0.81 (As of Mar. 2026) — 70% Below Median


What is TechnoDex Bhd Quick Ratio?

TechnoDex Bhd XKLS:0132 Quick Ratio is 0.81 as of Mar. 2026, which is 70% below its 10-year median of 2.69. The stock has 2 warning signs investors should review. Among 2,865 Software companies, TechnoDex Bhd ranks worse than 83.42% 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. TechnoDex Bhd's quick ratio for the quarter that ended in Mar. 2026 was 0.81.

TechnoDex Bhd has a quick ratio of 0.81. It indicates that the company cannot currently fully pay back its current liabilities.

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

XKLS:0132' s Quick Ratio Range Over the Past 10 Years
Min: 0.81   Med: 2.69   Max: 8.26
Current: 0.81

During the past 13 years, TechnoDex Bhd's highest Quick Ratio was 8.26. The lowest was 0.81. And the median was 2.69.

XKLS:0132's Quick Ratio is ranked worse than
83.42% of 2865 companies
in the Software industry
Industry Median: 1.7 vs XKLS:0132: 0.81

TechnoDex Bhd  (XKLS:0132) 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.


TechnoDex Bhd Quick Ratio Related Terms


TechnoDex Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for TechnoDex 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.

TechnoDex Bhd Quick Ratio Chart

TechnoDex Bhd Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.82 3.06 2.65 1.50 1.34

TechnoDex 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 1.36 1.34 1.07 1.07 0.81

XKLS:0132 vs IBM, ACN, FISV: Quick Ratio Comparison

For the Information Technology Services subindustry, TechnoDex 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.


TechnoDex Bhd Quick Ratio vs Software Industry

For the Software industry and Technology sector, TechnoDex Bhd's Quick Ratio distribution charts can be found below:

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



TechnoDex 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.

TechnoDex Bhd's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Quick Ratio (A: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(21.582-7.203)/10.737
=1.34

TechnoDex 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
=(22.798-11.846)/13.552
=0.81

* 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 0.81 mean?
TechnoDex Bhd (XKLS:0132) has a Quick Ratio of 0.81 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TechnoDex Bhd and its competitors. This is 70% below median its historical median of 2.69. Over the past decade, TechnoDex Bhd's Quick Ratio has ranged from 0.81 to 8.26. According to the industry distribution chart, TechnoDex Bhd ranks #2390 out of 2865 companies in the Software industry, placing it in the top 83.4%.
Is TechnoDex Bhd's Quick Ratio too high?
TechnoDex Bhd's current Quick Ratio of 0.81 is 70% below median its 10-year median of 2.69. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 8.26. The Software industry median Quick Ratio is 1.70. TechnoDex Bhd's value of 0.81 is 52.4% below this industry median. Based on the distribution chart, TechnoDex Bhd ranks #2390 out of 2865 companies in the Software industry, which is in the bottom quartile relative to peers.
How does TechnoDex Bhd's Quick Ratio compare to IBM and ACN?
According to the Software industry distribution chart, TechnoDex Bhd ranks #2390 out of 2865 companies for Quick Ratio. This places TechnoDex Bhd in the lower half of its industry. The industry median Quick Ratio is 1.70. TechnoDex Bhd's value of 0.81 is 52.4% below this benchmark. Historically, TechnoDex Bhd's own Quick Ratio has ranged from 0.81 to 8.26 over the past decade. While the company's 10-year median is 2.69 vs. the industry median of 1.70, TechnoDex 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 Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,865 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. TechnoDex Bhd's current Quick Ratio of 0.81 is 52.4% 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 TechnoDex 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. TechnoDex Bhd's current Quick Ratio is 0.81, which is 70% below median its own 10-year median of 2.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TechnoDex Bhd stock overvalued right now?
Based on GuruFocus' analysis, TechnoDex Bhd (XKLS:0132) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.08, compared to a current price of RM0.04 — trading 56.3% below its estimated fair value. The current Quick Ratio is 0.81, which is 70% below median its 10-year median of 2.69 and 52.4% below 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 TechnoDex Bhd (XKLS:0132), the current Quick Ratio is 0.81 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.

TechnoDex Bhd Business Description

Address No. 2, Jalan Kerinchi, Unit E-07-03, Menara Suezcap 2, KL Gateway, Gerbang Kerinchi Lestari, Kuala Lumpur, MYS, 59200
TechnoDex Bhd is principally engaged in the business of investment holding and providing information technology products and related services. The company's operating segment includes Application support and services and hardware, Manpower outsourcing, E-Commerce, and Others. The company generates maximum revenue from the Application support and services and hardware segment. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in the Philippines, Singapore, Thailand, and other Countries. Some of its services include ICT Professional Services, Big Data Solutions and Services, Payroll Processing Services, Cybersecurity Services, and others.