TSA Group BhdXKLS:0297 35 Quick Ratio is 1.90 as of Mar. 2026, which is 9% above its 10-year median of 1.74. GuruFocus rates XKLS:0297 with a GF Score™ of 35/100. The stock has 10 warning signs investors should review. Among 635 Steel companies, TSA Group Bhd ranks better than 73.54% 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. TSA Group Bhd's quick ratio for the quarter that ended in Mar. 2026 was 1.90.
TSA Group Bhd has a quick ratio of 1.90. It generally indicates good short-term financial strength.
The historical rank and industry rank for TSA Group Bhd's Quick Ratio or its related term are showing as below:
XKLS:0297'
s Quick Ratio Range Over the Past 10 Years
Min: 1.18 Med: 1.74 Max: 2.29
Current: 1.9
During the past 6 years, TSA Group Bhd's highest Quick Ratio was 2.29. The lowest was 1.18. And the median was 1.74.
XKLS:0297's Quick Ratio is ranked better than 73.54% of 635
companies
in the Steel industry
Industry Median: 1.02
vs XKLS:0297: 1.90
TSA Group Bhd (XKLS:0297) 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.
TSA Group Bhd Quick Ratio Related Terms
TSA Group Bhd Quick Ratio Historical Data
* Premium members only.
The historical data trend for TSA Group 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:0297 vs NUE, STLD, RS: Quick Ratio Comparison
For the Steel subindustry, TSA Group 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.
TSA Group Bhd Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, TSA Group Bhd's Quick Ratio distribution charts can be found below:
* The bar in red indicates where TSA Group 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.
TSA Group 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.
TSA Group Bhd (XKLS:0297) has a Quick Ratio of 1.90 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TSA Group Bhd and its competitors. This is near median its historical median of 1.74. Over the past decade, TSA Group Bhd's Quick Ratio has ranged from 1.18 to 2.29. According to the industry distribution chart, TSA Group Bhd ranks #168 out of 635 companies in the Steel industry, placing it in the top 26.5%.
Is TSA Group Bhd's Quick Ratio too high?
TSA Group Bhd's current Quick Ratio of 1.90 is near median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 2.29. The Steel industry median Quick Ratio is 1.02. TSA Group Bhd's value of 1.90 is 86.3% above this industry median. Based on the distribution chart, TSA Group Bhd ranks #168 out of 635 companies in the Steel industry, which is above the industry midpoint. Overall, TSA Group Bhd has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does TSA Group Bhd's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, TSA Group Bhd ranks #168 out of 635 companies for Quick Ratio. This puts TSA Group Bhd in the upper half of its industry. The industry median Quick Ratio is 1.02. TSA Group Bhd's value of 1.90 is 86.3% above this benchmark. Historically, TSA Group Bhd's own Quick Ratio has ranged from 1.18 to 2.29 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 1.02, TSA Group 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 Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 635 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. TSA Group Bhd's current Quick Ratio of 1.90 is 86.3% 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 TSA Group Bhd and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSA Group Bhd's current Quick Ratio is 1.90, which is near median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSA Group Bhd stock overvalued right now?
TSA Group Bhd (XKLS:0297) has a current Quick Ratio of 1.90. The current Quick Ratio is 1.90, which is near median its 10-year median of 1.74 and 86.3% above the Steel industry median of 1.02. TSA Group Bhd's overall GF Score™ is 35/100 with 10 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 TSA Group Bhd (XKLS:0297), the current Quick Ratio is 1.90 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.
TSA Group Bhd is engaged in trading, manufacturing and processing of metal products, mainly of stainless steel. It mainly trades in stainless steel plates, sheets, coils, pipes, square bars, flat bars, round bars, hexagon bars, angle bars, U-channels, chequered and perforated plates, shim and strips, wire, flanges, and pipe fittings. It also supplies products made from other metals comprising copper, aluminum, brass, bronze, lead, and carbon steel. Geographically it operates in Malaysia, Singapore, Bangladesh, Thailand, Indonesia and others, having key revenue from Malaysia.
35GF Score
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