Spring Art Holdings Bhd (XKLS:0216) Quick Ratio: 3.35 (As of Mar. 2026) — Near Median


What is Spring Art Holdings Bhd Quick Ratio?

Spring Art Holdings Bhd XKLS:0216 Quick Ratio is 3.35 as of Mar. 2026, which is 6% below its 10-year median of 3.56. The stock has 3 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Spring Art Holdings Bhd ranks better than 86.18% 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. Spring Art Holdings Bhd's quick ratio for the quarter that ended in Mar. 2026 was 3.35.

Spring Art Holdings Bhd has a quick ratio of 3.35. It generally indicates good short-term financial strength.

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

XKLS:0216' s Quick Ratio Range Over the Past 10 Years
Min: 1.4   Med: 3.56   Max: 8.67
Current: 3.35

During the past 11 years, Spring Art Holdings Bhd's highest Quick Ratio was 8.67. The lowest was 1.40. And the median was 3.56.

XKLS:0216's Quick Ratio is ranked better than
86.18% of 434 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.265 vs XKLS:0216: 3.35

Spring Art Holdings Bhd  (XKLS:0216) 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.


Spring Art Holdings Bhd Quick Ratio Related Terms


Spring Art Holdings Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for Spring Art 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.

Spring Art Holdings Bhd Quick Ratio Chart

Spring Art 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 3.40 3.52 3.12 4.32 4.33

Spring Art 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 4.66 2.82 3.16 4.33 3.35

XKLS:0216 vs SN, SGI, MHK: Quick Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Spring Art 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.


Spring Art Holdings Bhd Quick Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Spring Art Holdings Bhd's Quick Ratio distribution charts can be found below:

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



Spring Art 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.

Spring Art 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
=(35.305-9.586)/5.938
=4.33

Spring Art 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
=(37.213-13.002)/7.217
=3.35

* 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 3.35 mean?
Spring Art Holdings Bhd (XKLS:0216) has a Quick Ratio of 3.35 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Spring Art Holdings Bhd and its competitors. This is near median its historical median of 3.56. Over the past decade, Spring Art Holdings Bhd's Quick Ratio has ranged from 1.40 to 8.67. According to the industry distribution chart, Spring Art Holdings Bhd ranks #60 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 13.8%.
Is Spring Art Holdings Bhd's Quick Ratio too high?
Spring Art Holdings Bhd's current Quick Ratio of 3.35 is near median its 10-year median of 3.56. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 8.67. The Furnishings, Fixtures & Appliances industry median Quick Ratio is 1.27. Spring Art Holdings Bhd's value of 3.35 is 164.8% above this industry median. Based on the distribution chart, Spring Art Holdings Bhd ranks #60 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers.
How does Spring Art Holdings Bhd's Quick Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Spring Art Holdings Bhd ranks #60 out of 434 companies for Quick Ratio. This places Spring Art Holdings Bhd in the top 14% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.27. Spring Art Holdings Bhd's value of 3.35 is 164.8% above this benchmark. Historically, Spring Art Holdings Bhd's own Quick Ratio has ranged from 1.40 to 8.67 over the past decade. While the company's 10-year median is 3.56 vs. the industry median of 1.27, Spring Art Holdings 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 Furnishings, Fixtures & Appliances company?
The median Quick Ratio among Furnishings, Fixtures & Appliances companies is 1.27, based on 434 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. Spring Art Holdings Bhd's current Quick Ratio of 3.35 is 164.8% 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 Spring Art Holdings Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Quick Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spring Art Holdings Bhd's current Quick Ratio is 3.35, which is near median its own 10-year median of 3.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spring Art Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Spring Art Holdings Bhd (XKLS:0216) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.16, compared to a current price of RM0.10 — trading 37.5% below its estimated fair value. The current Quick Ratio is 3.35, which is near median its 10-year median of 3.56 and 164.8% above the Furnishings, Fixtures & Appliances industry median of 1.27. 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 Spring Art Holdings Bhd (XKLS:0216), the current Quick Ratio is 3.35 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.

Spring Art Holdings Bhd Business Description

Address Kawasan Perindustrian Bukit Pasir, Lot PLO 49, Jalan Rami 4, Bukit Pasir, Muar, JHR, MYS, 84300
Spring Art Holdings Bhd is involved in the manufacturing of ready-to-assemble furniture products, where it undertakes the design and development, manufacturing as well as marketing and sales of office furniture such as office workstations, filing cabinets and pedestals, bedroom furniture such as beds, night stands, wardrobes, dressing tables, dressing stools and study desks, living room furniture such as computer desks, television consoles, sideboards, shoe cabinets, bookshelves and drawer chests as well as other types of furniture such as dining tables and kitchen cabinets. The group has only one business segment, namely the design, development, manufacturing, marketing and sales of furniture products.