Topmix Bhd (XKLS:0302) Quick Ratio: 3.67 (As of Mar. 2026) — Near Median


XKLS:0302 Topmix Bhd XKLS:0302
50 GF Score
Price RM0.43
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What is Topmix Bhd Quick Ratio?

Topmix Bhd XKLS:0302 +2.41% 50 Quick Ratio is 3.67 as of Mar. 2026, which is 5% above its 10-year median of 3.49. GuruFocus rates XKLS:0302 with a GF Score™ of 50/100. The stock has 2 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Topmix Bhd ranks better than 87.99% 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. Topmix Bhd's quick ratio for the quarter that ended in Mar. 2026 was 3.67.

Topmix Bhd has a quick ratio of 3.67. It generally indicates good short-term financial strength.

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

XKLS:0302' s Quick Ratio Range Over the Past 10 Years
Min: 1.57   Med: 3.49   Max: 4.04
Current: 3.67

During the past 6 years, Topmix Bhd's highest Quick Ratio was 4.04. The lowest was 1.57. And the median was 3.49.

XKLS:0302's Quick Ratio is ranked better than
87.99% of 433 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.26 vs XKLS:0302: 3.67

Topmix Bhd  (XKLS:0302) 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.


Topmix Bhd Quick Ratio Related Terms


Topmix Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for Topmix 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.

Topmix Bhd Quick Ratio Chart

Topmix Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 1.57 2.03 2.02 3.81 3.55

Topmix Bhd Quarterly Data
Dec20 Dec21 Dec22 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 3.83 3.23 4.04 3.55 3.67

XKLS:0302 vs SN, SGI, MHK: Quick Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Topmix 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.


Topmix Bhd Quick Ratio vs Furnishings, Fixtures & Appliances Industry

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

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


XKLS:0302
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Topmix Bhd XKLS:0302
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Topmix 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.

Topmix 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
=(86.805-26.428)/17.015
=3.55

Topmix 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
=(83.902-29.606)/14.784
=3.67

* 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 3.67 mean?
Topmix Bhd (XKLS:0302) has a Quick Ratio of 3.67 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Topmix Bhd and its competitors. This is near median its historical median of 3.49. Over the past decade, Topmix Bhd's Quick Ratio has ranged from 1.57 to 4.04. According to the industry distribution chart, Topmix Bhd ranks #52 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 12%.
Is Topmix Bhd's Quick Ratio too high?
Topmix Bhd's current Quick Ratio of 3.67 is near median its 10-year median of 3.49. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 4.04. The Furnishings, Fixtures & Appliances industry median Quick Ratio is 1.26. Topmix Bhd's value of 3.67 is 191.3% above this industry median. Based on the distribution chart, Topmix Bhd ranks #52 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Topmix Bhd has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Topmix Bhd's Quick Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Topmix Bhd ranks #52 out of 433 companies for Quick Ratio. This places Topmix Bhd in the top 12% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.26. Topmix Bhd's value of 3.67 is 191.3% above this benchmark. Historically, Topmix Bhd's own Quick Ratio has ranged from 1.57 to 4.04 over the past decade. While the company's 10-year median is 3.49 vs. the industry median of 1.26, Topmix 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 1.26, based on 433 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. Topmix Bhd's current Quick Ratio of 3.67 is 191.3% 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 Topmix Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Quick Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topmix Bhd's current Quick Ratio is 3.67, which is near median its own 10-year median of 3.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topmix Bhd stock overvalued right now?
Topmix Bhd (XKLS:0302) has a current Quick Ratio of 3.67. The current Quick Ratio is 3.67, which is near median its 10-year median of 3.49 and 191.3% above the Furnishings, Fixtures & Appliances industry median of 1.26. Topmix Bhd's overall GF Score™ is 50/100 with 2 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 Topmix Bhd (XKLS:0302), the current Quick Ratio is 3.67 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.

Topmix Bhd Business Description

Address 8 & 10, Jalan Bistari 11, Taman Industri Jaya, Skudai, JHR, MYS, 81300
Topmix Bhd is an investment holding company. The Group markets and distributes decorative surface products under its proprietary brands, including HPL, compact panels, wall panels, MFC, and other decorative surfaces. It also undertakes in-house product design and collaborates with third-party decor paper suppliers to develop surface designs and finishes for commercial and residential interior applications, such as wall finishes, countertops, furniture, fixtures, and display systems. The Group operates through two business segments: Trading, which involves the wholesale and trading of high-pressure laminated sheets and merchandise of all kinds, and Others, which involves investment holding. The majority of its revenue is derived from Malaysia.
50GF Score

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