3REN Bhd (XKLS:0328) Quick Ratio: 6.05 (As of Mar. 2026) — 12% Below Median


XKLS:0328 3REN Bhd XKLS:0328
41 GF Score
Price RM0.40
! 6 Warning Signs
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What is 3REN Bhd Quick Ratio?

3REN Bhd XKLS:0328 -3.61% 41 Quick Ratio is 6.05 as of Mar. 2026, which is 12% below its 10-year median of 6.90. GuruFocus rates XKLS:0328 with a GF Score™ of 41/100. The stock has 6 warning signs investors should review. Among 1,781 Construction companies, 3REN Bhd ranks better than 97.08% 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. 3REN Bhd's quick ratio for the quarter that ended in Mar. 2026 was 6.05.

3REN Bhd has a quick ratio of 6.05. It generally indicates good short-term financial strength.

The historical rank and industry rank for 3REN Bhd's Quick Ratio or its related term are showing as below:

XKLS:0328' s Quick Ratio Range Over the Past 10 Years
Min: 4.56   Med: 6.9   Max: 9.47
Current: 6.05

During the past 6 years, 3REN Bhd's highest Quick Ratio was 9.47. The lowest was 4.56. And the median was 6.90.

XKLS:0328's Quick Ratio is ranked better than
97.08% of 1781 companies
in the Construction industry
Industry Median: 1.28 vs XKLS:0328: 6.05

3REN Bhd  (XKLS:0328) 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.


3REN Bhd Quick Ratio Related Terms


3REN Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for 3REN 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.

3REN Bhd Quick Ratio Chart

3REN Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 6.90 4.85 6.57 8.89 7.27

3REN Bhd Quarterly Data
Dec20 Dec21 Dec22 Dec23 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 9.47 7.90 8.02 7.27 6.05

XKLS:0328 vs PWR, FIX, EME: Quick Ratio Comparison

For the Engineering & Construction subindustry, 3REN 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.


3REN Bhd Quick Ratio vs Construction Industry

For the Construction industry and Industrials sector, 3REN Bhd's Quick Ratio distribution charts can be found below:

* The bar in red indicates where 3REN Bhd's Quick Ratio falls into.


XKLS:0328
41GF Score
3REN Bhd XKLS:0328
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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3REN 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.

3REN 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
=(103.045-13.324)/12.338
=7.27

3REN 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
=(103.893-13.044)/15.027
=6.05

* 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 6.05 mean?
3REN Bhd (XKLS:0328) has a Quick Ratio of 6.05 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on 3REN Bhd and its competitors. This is 12% below median its historical median of 6.90. Over the past decade, 3REN Bhd's Quick Ratio has ranged from 4.56 to 9.47. According to the industry distribution chart, 3REN Bhd ranks #52 out of 1781 companies in the Construction industry, placing it in the top 2.9%.
Is 3REN Bhd's Quick Ratio too high?
3REN Bhd's current Quick Ratio of 6.05 is 12% below median its 10-year median of 6.90. Over the past 10 years, this metric has ranged from a low of 4.56 to a high of 9.47. The Construction industry median Quick Ratio is 1.28. 3REN Bhd's value of 6.05 is 372.7% above this industry median. Based on the distribution chart, 3REN Bhd ranks #52 out of 1781 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, 3REN Bhd has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does 3REN Bhd's Quick Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, 3REN Bhd ranks #52 out of 1781 companies for Quick Ratio. This places 3REN Bhd in the top 3% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.28. 3REN Bhd's value of 6.05 is 372.7% above this benchmark. Historically, 3REN Bhd's own Quick Ratio has ranged from 4.56 to 9.47 over the past decade. While the company's 10-year median is 6.90 vs. the industry median of 1.28, 3REN 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 Construction company?
The median Quick Ratio among Construction companies is 1.28, based on 1,781 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. 3REN Bhd's current Quick Ratio of 6.05 is 372.7% 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 3REN Bhd and its competitors. For the Construction industry, the median Quick Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 3REN Bhd's current Quick Ratio is 6.05, which is 12% below median its own 10-year median of 6.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 3REN Bhd stock overvalued right now?
3REN Bhd (XKLS:0328) has a current Quick Ratio of 6.05. The current Quick Ratio is 6.05, which is 12% below median its 10-year median of 6.90 and 372.7% above the Construction industry median of 1.28. 3REN Bhd's overall GF Score™ is 41/100 with 6 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 3REN Bhd (XKLS:0328), the current Quick Ratio is 6.05 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.

3REN Bhd Business Description

Address No. 9, Jalan Industri Tangkas 1, Taman Industri Tangkas, Bukit Mertajam, PNG, MYS, 14000
3REN Bhd is principally an investment holding company that operates through subsidiaries and is principally engaged in automation solutions and engineering services. Its business activities include the provision of product engineering services, the provision of engineering support services for IC assembly and testing, the design, development, and sale of digitalised solutions, and the design, development, and sale of automated equipment. The Group serves a diverse range of industries, including semiconductor and electronics, automotive, consumer electronics, fast-moving consumer goods (FMCG), medical device manufacturing, and life sciences. The company operates in three segments: Manufacturing operating solutions and services, Product engineering services, and Others.
41GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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