Croesus IT Holdings Sdn Bhd has a quick ratio of 3.06. It generally indicates good short-term financial strength.
The historical rank and industry rank for Croesus IT Holdings Sdn Bhd's Quick Ratio or its related term are showing as below:
XKLS:03066'
s Quick Ratio Range Over the Past 10 Years
Min: 1.86 Med: 2.02 Max: 3.06
Current: 3.06
During the past 3 years, Croesus IT Holdings Sdn Bhd's highest Quick Ratio was 3.06. The lowest was 1.86. And the median was 2.02.
XKLS:03066's Quick Ratio is not ranked
in the Software industry.
Industry Median: 1.7
vs XKLS:03066: 3.06
Croesus IT Holdings Sdn Bhd (XKLS:03066) 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.
Croesus IT Holdings Sdn Bhd Quick Ratio Related Terms
Croesus IT Holdings Sdn Bhd Quick Ratio Historical Data
* 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.
Croesus IT Holdings Sdn Bhd Quick Ratio Chart
Croesus IT Holdings Sdn Bhd Annual Data
Trend
Dec23
Dec24
Dec25
Quick Ratio
1.86
2.02
3.06
Croesus IT Holdings Sdn Bhd Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Quick Ratio
1.86
0.00
2.02
2.02
3.06
XKLS:03066 vs IBM, ACN, FISV: Quick Ratio Comparison
For the Information Technology Services subindustry, Croesus IT Holdings Sdn 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.
Croesus IT Holdings Sdn Bhd Quick Ratio vs Software Industry
For the Software industry and Technology sector, Croesus IT Holdings Sdn Bhd's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Croesus IT Holdings Sdn Bhd's Quick Ratio falls into.
Croesus IT Holdings Sdn 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.
* 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.
Croesus IT Holdings Sdn Bhd (XKLS:03066) has a Quick Ratio of 3.06 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Croesus IT Holdings Sdn Bhd and its competitors. This is 51% above median its historical median of 2.02. Over the past decade, Croesus IT Holdings Sdn Bhd's Quick Ratio has ranged from 1.86 to 3.06.
Is Croesus IT Holdings Sdn Bhd's Quick Ratio too high?
Croesus IT Holdings Sdn Bhd's current Quick Ratio of 3.06 is 51% above median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 3.06. The Software industry median Quick Ratio is 1.70. Croesus IT Holdings Sdn Bhd's value of 3.06 is 80% above this industry median. Overall, Croesus IT Holdings Sdn Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Croesus IT Holdings Sdn Bhd's Quick Ratio compare to IBM and ACN?
Croesus IT Holdings Sdn Bhd's Quick Ratio of 3.06 can be compared against companies in the Software industry. The industry median Quick Ratio is 1.70. Croesus IT Holdings Sdn Bhd's value of 3.06 is 80% above this benchmark. Historically, Croesus IT Holdings Sdn Bhd's own Quick Ratio has ranged from 1.86 to 3.06 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 1.70, Croesus IT Holdings Sdn 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 Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,865 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. Croesus IT Holdings Sdn Bhd's current Quick Ratio of 3.06 is 80% 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 Croesus IT Holdings Sdn 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. Croesus IT Holdings Sdn Bhd's current Quick Ratio is 3.06, which is 51% above median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Croesus IT Holdings Sdn Bhd stock overvalued right now?
Croesus IT Holdings Sdn Bhd (XKLS:03066) has a current Quick Ratio of 3.06. The current Quick Ratio is 3.06, which is 51% above median its 10-year median of 2.02 and 80% above the Software industry median of 1.70. Croesus IT Holdings Sdn Bhd's overall GF Score™ is 19/100 with 5 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 Croesus IT Holdings Sdn Bhd (XKLS:03066), the current Quick Ratio is 3.06 as of Dec. 2025. 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.
Croesus IT Holdings Sdn Bhd is an investment holding company. The company, along with its subsidiaries, provides enterprise software solutions offering third party and proprietary enterprise software solutions, including software licensing, software customisation and maintenance, as well as providing a supply of hardware, hardware hosting and support. It derives the majority of its revenue from Professional services, which include IT consulting, training, system integration, software customisation and upgrade as well as software implementation of third party or proprietary enterprise software solutions. Geographically, the company generates the maximum revenue from Malaysia.
19GF Score
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