Key Asic Bhd (XKLS:0143) Quick Ratio: 0.99 (As of Feb. 2026) — 55% Below Median


What is Key Asic Bhd Quick Ratio?

Key Asic Bhd XKLS:0143 Quick Ratio is 0.99 as of Feb. 2026, which is 55% below its 10-year median of 2.21. The stock has 1 warning sign investors should review. Among 1,028 Semiconductors companies, Key Asic Bhd ranks worse than 77.24% 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. Key Asic Bhd's quick ratio for the quarter that ended in Feb. 2026 was 0.99.

Key Asic Bhd has a quick ratio of 0.99. It indicates that the company cannot currently fully pay back its current liabilities.

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

XKLS:0143' s Quick Ratio Range Over the Past 10 Years
Min: 0.86   Med: 2.21   Max: 5.66
Current: 0.99

During the past 13 years, Key Asic Bhd's highest Quick Ratio was 5.66. The lowest was 0.86. And the median was 2.21.

XKLS:0143's Quick Ratio is ranked worse than
77.24% of 1028 companies
in the Semiconductors industry
Industry Median: 1.85 vs XKLS:0143: 0.99

Key Asic Bhd  (XKLS:0143) 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.


Key Asic Bhd Quick Ratio Related Terms


Key Asic Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for Key Asic 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.

Key Asic Bhd Quick Ratio Chart

Key Asic Bhd Annual Data
Trend Dec14 Dec15 May18 May19 May20 May21 May22 May23 May24 May25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.18 5.39 3.70 2.37 1.39

Key Asic Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 1.88 1.39 1.23 1.08 0.99

XKLS:0143 vs NVDA, AVGO, MU: Quick Ratio Comparison

For the Semiconductors subindustry, Key Asic 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.


Key Asic Bhd Quick Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Key Asic Bhd's Quick Ratio distribution charts can be found below:

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



Key Asic 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.

Key Asic Bhd's Quick Ratio for the fiscal year that ended in May. 2025 is calculated as

Quick Ratio (A: May. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(12.766-1.279)/8.251
=1.39

Key Asic Bhd's Quick Ratio for the quarter that ended in Feb. 2026 is calculated as

Quick Ratio (Q: Feb. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(14.344-0.96)/13.481
=0.99

* 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 0.99 mean?
Key Asic Bhd (XKLS:0143) has a Quick Ratio of 0.99 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Key Asic Bhd and its competitors. This is 55% below median its historical median of 2.21. Over the past decade, Key Asic Bhd's Quick Ratio has ranged from 0.86 to 5.66. According to the industry distribution chart, Key Asic Bhd ranks #794 out of 1028 companies in the Semiconductors industry, placing it in the top 77.2%.
Is Key Asic Bhd's Quick Ratio too high?
Key Asic Bhd's current Quick Ratio of 0.99 is 55% below median its 10-year median of 2.21. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 5.66. The Semiconductors industry median Quick Ratio is 1.85. Key Asic Bhd's value of 0.99 is 46.5% below this industry median. Based on the distribution chart, Key Asic Bhd ranks #794 out of 1028 companies in the Semiconductors industry, which is in the bottom quartile relative to peers.
How does Key Asic Bhd's Quick Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Key Asic Bhd ranks #794 out of 1028 companies for Quick Ratio. This places Key Asic Bhd in the lower half of its industry. The industry median Quick Ratio is 1.85. Key Asic Bhd's value of 0.99 is 46.5% below this benchmark. Historically, Key Asic Bhd's own Quick Ratio has ranged from 0.86 to 5.66 over the past decade. While the company's 10-year median is 2.21 vs. the industry median of 1.85, Key Asic 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 Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.85, based on 1,028 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. Key Asic Bhd's current Quick Ratio of 0.99 is 46.5% 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 Key Asic Bhd and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Key Asic Bhd's current Quick Ratio is 0.99, which is 55% below median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Key Asic Bhd stock overvalued right now?
Based on GuruFocus' analysis, Key Asic Bhd (XKLS:0143) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.05, compared to a current price of RM0.03 — trading 40% below its estimated fair value. The current Quick Ratio is 0.99, which is 55% below median its 10-year median of 2.21 and 46.5% below the Semiconductors industry median of 1.85. 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 Key Asic Bhd (XKLS:0143), the current Quick Ratio is 0.99 as of Feb. 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.

Key Asic Bhd Business Description

Address 8, First Avenue, 6th Floor, Unit 3, Bandar Utama, Petaling Jaya, SGR, MYS, 47800
Key Asic Bhd engages in turnkey application-specific integrated circuit design services for consumer, wireless, and personal electronics applications. It also provides data processing, data management, disk-based backup solutions, telecommunications, office automation, network infrastructure and intelligent storage networking support. The company operates through the Non-Recurring Engineering Services and Recurring Engineering Services business segments.