Chemlite Innovation BhdXKLS:0348 20 Quick Ratio is 6.26 as of Mar. 2026, which is 19% above its 10-year median of 5.26. GuruFocus rates XKLS:0348 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 3,071 Industrial Products companies, Chemlite Innovation Bhd ranks better than 94.69% on this metric.
Chemlite Innovation Bhd has a quick ratio of 6.26. It generally indicates good short-term financial strength.
The historical rank and industry rank for Chemlite Innovation Bhd's Quick Ratio or its related term are showing as below:
XKLS:0348'
s Quick Ratio Range Over the Past 10 Years
Min: 1.28 Med: 5.26 Max: 6.26
Current: 6.26
During the past 5 years, Chemlite Innovation Bhd's highest Quick Ratio was 6.26. The lowest was 1.28. And the median was 5.26.
XKLS:0348's Quick Ratio is ranked better than 94.69% of 3071
companies
in the Industrial Products industry
Industry Median: 1.39
vs XKLS:0348: 6.26
Chemlite Innovation Bhd (XKLS:0348) 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.
Chemlite Innovation Bhd Quick Ratio Related Terms
Chemlite Innovation 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.
XKLS:0348 vs CRS, ATI, MLI: Quick Ratio Comparison
For the Metal Fabrication subindustry, Chemlite Innovation 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.
Chemlite Innovation Bhd Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Chemlite Innovation Bhd's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Chemlite Innovation 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.
Chemlite Innovation 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.
Chemlite Innovation Bhd (XKLS:0348) has a Quick Ratio of 6.26 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Chemlite Innovation Bhd and its competitors. This is 19% above median its historical median of 5.26. Over the past decade, Chemlite Innovation Bhd's Quick Ratio has ranged from 1.28 to 6.26. According to the industry distribution chart, Chemlite Innovation Bhd ranks #163 out of 3071 companies in the Industrial Products industry, placing it in the top 5.3%.
Is Chemlite Innovation Bhd's Quick Ratio too high?
Chemlite Innovation Bhd's current Quick Ratio of 6.26 is 19% above median its 10-year median of 5.26. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 6.26. The Industrial Products industry median Quick Ratio is 1.39. Chemlite Innovation Bhd's value of 6.26 is 350.4% above this industry median. Based on the distribution chart, Chemlite Innovation Bhd ranks #163 out of 3071 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Chemlite Innovation Bhd has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Chemlite Innovation Bhd's Quick Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Chemlite Innovation Bhd ranks #163 out of 3071 companies for Quick Ratio. This places Chemlite Innovation Bhd in the top 5% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.39. Chemlite Innovation Bhd's value of 6.26 is 350.4% above this benchmark. Historically, Chemlite Innovation Bhd's own Quick Ratio has ranged from 1.28 to 6.26 over the past decade. While the company's 10-year median is 5.26 vs. the industry median of 1.39, Chemlite Innovation 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,071 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. Chemlite Innovation Bhd's current Quick Ratio of 6.26 is 350.4% 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 Chemlite Innovation Bhd and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemlite Innovation Bhd's current Quick Ratio is 6.26, which is 19% above median its own 10-year median of 5.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemlite Innovation Bhd stock overvalued right now?
Chemlite Innovation Bhd (XKLS:0348) has a current Quick Ratio of 6.26. The current Quick Ratio is 6.26, which is 19% above median its 10-year median of 5.26 and 350.4% above the Industrial Products industry median of 1.39. Chemlite Innovation Bhd's overall GF Score™ is 20/100 with 3 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 Chemlite Innovation Bhd (XKLS:0348), the current Quick Ratio is 6.26 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.
Chemlite Innovation Bhd operates in the engineering support industry. It provide surface finishing treatment services to companies operating in the semiconductor and E&E industries. It specialises in the provision of metal plating services on intermediate metal products, plating a composition of multi-layer metal coatings. It also provide non-metal plating services on intermediate metal products, which include anodising and other non-metal plating services. The company operates in two business segments: Metal plating and Non-metal plating. Key revenue is generated from Metal plating, which includes the deposition of additional layers of metal coatings onto the surface of the intermediate metal products. It generates maximum revenue from Malaysia.
20GF Score
Get the complete analysis for XKLS:0348
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:0348 has been successfully added to your 
