Kronologi Asia Bhd (XKLS:0176) Quick Ratio: 1.42 (As of Jan. 2026) — Near Median


What is Kronologi Asia Bhd Quick Ratio?

Kronologi Asia Bhd XKLS:0176 +5.26% Quick Ratio is 1.42 as of Jan. 2026, which is 5% above its 10-year median of 1.35. The stock has 5 warning signs investors should review. Among 2,862 Software companies, Kronologi Asia Bhd ranks worse than 58.67% 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. Kronologi Asia Bhd's quick ratio for the quarter that ended in Jan. 2026 was 1.42.

Kronologi Asia Bhd has a quick ratio of 1.42. It generally indicates good short-term financial strength.

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

XKLS:0176' s Quick Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.35   Max: 1.69
Current: 1.42

During the past 12 years, Kronologi Asia Bhd's highest Quick Ratio was 1.69. The lowest was 1.02. And the median was 1.35.

XKLS:0176's Quick Ratio is ranked worse than
58.67% of 2862 companies
in the Software industry
Industry Median: 1.7 vs XKLS:0176: 1.42

Kronologi Asia Bhd  (XKLS:0176) 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.


Kronologi Asia Bhd Quick Ratio Related Terms


Kronologi Asia Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for Kronologi Asia 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.

Kronologi Asia Bhd Quick Ratio Chart

Kronologi Asia Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Jan22 Jan23 Jan24 Jan25 Jan26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 1.61 1.69 1.23 1.42

Kronologi Asia Bhd Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 1.23 1.30 1.46 1.54 1.42

XKLS:0176 vs CRM, SHOP, UBER: Quick Ratio Comparison

For the Software - Application subindustry, Kronologi Asia 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.


Kronologi Asia Bhd Quick Ratio vs Software Industry

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

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



Kronologi Asia 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.

Kronologi Asia Bhd's Quick Ratio for the fiscal year that ended in Jan. 2026 is calculated as

Quick Ratio (A: Jan. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(110.065-10.49)/69.925
=1.42

Kronologi Asia Bhd's Quick Ratio for the quarter that ended in Jan. 2026 is calculated as

Quick Ratio (Q: Jan. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(110.065-10.49)/69.925
=1.42

* 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 1.42 mean?
Kronologi Asia Bhd (XKLS:0176) has a Quick Ratio of 1.42 as of Jan. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Kronologi Asia Bhd and its competitors. This is near median its historical median of 1.35. Over the past decade, Kronologi Asia Bhd's Quick Ratio has ranged from 1.02 to 1.69. According to the industry distribution chart, Kronologi Asia Bhd ranks #1679 out of 2862 companies in the Software industry, placing it in the top 58.7%.
Is Kronologi Asia Bhd's Quick Ratio too high?
Kronologi Asia Bhd's current Quick Ratio of 1.42 is near median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 1.69. The Software industry median Quick Ratio is 1.70. Kronologi Asia Bhd's value of 1.42 is 16.5% below this industry median. Based on the distribution chart, Kronologi Asia Bhd ranks #1679 out of 2862 companies in the Software industry, which is below the industry midpoint.
How does Kronologi Asia Bhd's Quick Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Kronologi Asia Bhd ranks #1679 out of 2862 companies for Quick Ratio. This places Kronologi Asia Bhd in the lower half of its industry. The industry median Quick Ratio is 1.70. Kronologi Asia Bhd's value of 1.42 is 16.5% below this benchmark. Historically, Kronologi Asia Bhd's own Quick Ratio has ranged from 1.02 to 1.69 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.70, Kronologi Asia 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 2,862 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. Kronologi Asia Bhd's current Quick Ratio of 1.42 is 16.5% 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 Kronologi Asia 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. Kronologi Asia Bhd's current Quick Ratio is 1.42, which is near median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kronologi Asia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kronologi Asia Bhd (XKLS:0176) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.22, compared to a current price of RM0.10 — trading 54.5% below its estimated fair value. The current Quick Ratio is 1.42, which is near median its 10-year median of 1.35 and 16.5% 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 Kronologi Asia Bhd (XKLS:0176), the current Quick Ratio is 1.42 as of Jan. 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.

Kronologi Asia Bhd Business Description

Address No. 9, Jalan Stesen Sentral 5, Level 28-D, Axiata Tower, Kuala Lumpur Sentral, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50470
Kronologi Asia Bhd is engaged in investment holding and the provision of business consulting, designing of solutions, and research and development relating to new and emerging information technology software, applications, multimedia development, information systems, data management software, data protection solutions and processes, system back-up and disaster recovery systems, related businesses, and hybrid and cloud enterprise data management technology and solutions. Its segments are: EDM Infrastructure Technology, which generates maximum revenue and comprises both hardware and software used to record, store, retain, back up, recover, and restore digital data, and EDM As-A-Service. The Group generates maximum revenue from the Philippines.