What is Solar District Cooling Group Bhd Quick Ratio?
Solar District Cooling Group BhdXKLS:0321 48 Quick Ratio is 11.43 as of Mar. 2026, which is 22% below its 10-year median of 14.64. GuruFocus rates XKLS:0321 with a GF Score™ of 48/100. The stock has 7 warning signs investors should review. Among 1,093 Business Services companies, Solar District Cooling Group Bhd ranks better than 96.8% on this metric.
Solar District Cooling Group Bhd has a quick ratio of 11.43. It generally indicates good short-term financial strength.
The historical rank and industry rank for Solar District Cooling Group Bhd's Quick Ratio or its related term are showing as below:
XKLS:0321'
s Quick Ratio Range Over the Past 10 Years
Min: 3.94 Med: 14.64 Max: 35.15
Current: 11.43
During the past 6 years, Solar District Cooling Group Bhd's highest Quick Ratio was 35.15. The lowest was 3.94. And the median was 14.64.
XKLS:0321's Quick Ratio is ranked better than 96.8% of 1093
companies
in the Business Services industry
Industry Median: 1.67
vs XKLS:0321: 11.43
Solar District Cooling Group Bhd (XKLS:0321) 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.
Solar District Cooling Group Bhd Quick Ratio Related Terms
Solar District Cooling Group 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.
Solar District Cooling Group Bhd Quick Ratio Chart
XKLS:0321 vs CTAS, CPRT, ULS: Quick Ratio Comparison
For the Specialty Business Services subindustry, Solar District Cooling 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.
Solar District Cooling Group Bhd Quick Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Solar District Cooling Group Bhd's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Solar District Cooling Group Bhd's Quick Ratio falls into.
Solar District Cooling Group 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.
Solar District Cooling Group Bhd (XKLS:0321) has a Quick Ratio of 11.43 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Solar District Cooling Group Bhd and its competitors. This is 22% below median its historical median of 14.64. Over the past decade, Solar District Cooling Group Bhd's Quick Ratio has ranged from 3.94 to 35.15. According to the industry distribution chart, Solar District Cooling Group Bhd ranks #35 out of 1093 companies in the Business Services industry, placing it in the top 3.2%.
Is Solar District Cooling Group Bhd's Quick Ratio too high?
Solar District Cooling Group Bhd's current Quick Ratio of 11.43 is 22% below median its 10-year median of 14.64. Over the past 10 years, this metric has ranged from a low of 3.94 to a high of 35.15. The Business Services industry median Quick Ratio is 1.67. Solar District Cooling Group Bhd's value of 11.43 is 584.4% above this industry median. Based on the distribution chart, Solar District Cooling Group Bhd ranks #35 out of 1093 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Solar District Cooling Group Bhd has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Solar District Cooling Group Bhd's Quick Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Solar District Cooling Group Bhd ranks #35 out of 1093 companies for Quick Ratio. This places Solar District Cooling Group Bhd in the top 3% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.67. Solar District Cooling Group Bhd's value of 11.43 is 584.4% above this benchmark. Historically, Solar District Cooling Group Bhd's own Quick Ratio has ranged from 3.94 to 35.15 over the past decade. While the company's 10-year median is 14.64 vs. the industry median of 1.67, Solar District Cooling 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 Business Services company?
The median Quick Ratio among Business Services companies is 1.67, based on 1,093 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. Solar District Cooling Group Bhd's current Quick Ratio of 11.43 is 584.4% 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 Solar District Cooling Group Bhd and its competitors. For the Business Services industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar District Cooling Group Bhd's current Quick Ratio is 11.43, which is 22% below median its own 10-year median of 14.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar District Cooling Group Bhd stock overvalued right now?
Solar District Cooling Group Bhd (XKLS:0321) has a current Quick Ratio of 11.43. The current Quick Ratio is 11.43, which is 22% below median its 10-year median of 14.64 and 584.4% above the Business Services industry median of 1.67. Solar District Cooling Group Bhd's overall GF Score™ is 48/100 with 7 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 Solar District Cooling Group Bhd (XKLS:0321), the current Quick Ratio is 11.43 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.
Solar District Cooling Group Bhd Business Description
Solar District Cooling Group Bhd is principally involved in the provision and maintenance of Building Management Systems (BMS), solar thermal systems, energy saving systems and other energy services. The company specialises in the maintenance of gas-fired chillers, ensuring reliable and efficient cooling solutions. Its wholly-owned subsidiary is principally involved in mechanical and electrical works, and project management services. The segments of the company are Building Management Systems, Solar Thermal Systems & Energy Saving Services, and Maintenance of Other Systems and Equipment. Out of three segments, BMS segment generates key revenue and with focus on Malaysia, Singapore and Brunei markets.
48GF Score
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