ICT Zone Asia BhdXKLS:0358 +5.26%63 Quick Ratio is 0.71 as of Jan. 2026, which is 4% below its 10-year median of 0.74. GuruFocus rates XKLS:0358 with a GF Score™ of 63/100 and a GF Value™ of RM0.37 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,865 Software companies, ICT Zone Asia Bhd ranks worse than 86.46% on this metric.
ICT Zone Asia Bhd has a quick ratio of 0.71. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for ICT Zone Asia Bhd's Quick Ratio or its related term are showing as below:
XKLS:0358'
s Quick Ratio Range Over the Past 10 Years
Min: 0.49 Med: 0.74 Max: 3.35
Current: 0.71
During the past 7 years, ICT Zone Asia Bhd's highest Quick Ratio was 3.35. The lowest was 0.49. And the median was 0.74.
XKLS:0358's Quick Ratio is ranked worse than 86.46% of 2865
companies
in the Software industry
Industry Median: 1.7
vs XKLS:0358: 0.71
ICT Zone Asia Bhd (XKLS:0358) 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.
ICT Zone Asia Bhd Quick Ratio Related Terms
ICT Zone Asia Bhd Quick Ratio Historical Data
* Premium members only.
The historical data trend for ICT Zone Asia 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.
XKLS:0358 vs IBM, ACN, FISV: Quick Ratio Comparison
For the Information Technology Services subindustry, ICT Zone Asia 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.
ICT Zone Asia Bhd Quick Ratio vs Software Industry
For the Software industry and Technology sector, ICT Zone Asia Bhd's Quick Ratio distribution charts can be found below:
* The bar in red indicates where ICT Zone Asia 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.
ICT Zone Asia Bhd's Quick Ratio for the fiscal year that ended in Jan. 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.
ICT Zone Asia Bhd (XKLS:0358) has a Quick Ratio of 0.71 as of Jan. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on ICT Zone Asia Bhd and its competitors. This is near median its historical median of 0.74. Over the past decade, ICT Zone Asia Bhd's Quick Ratio has ranged from 0.49 to 3.35. According to the industry distribution chart, ICT Zone Asia Bhd ranks #2477 out of 2865 companies in the Software industry, placing it in the top 86.5%.
Is ICT Zone Asia Bhd's Quick Ratio too high?
ICT Zone Asia Bhd's current Quick Ratio of 0.71 is near median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 3.35. The Software industry median Quick Ratio is 1.70. ICT Zone Asia Bhd's value of 0.71 is 58.2% below this industry median. Based on the distribution chart, ICT Zone Asia Bhd ranks #2477 out of 2865 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, ICT Zone Asia Bhd has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ICT Zone Asia Bhd's Quick Ratio compare to IBM and ACN?
According to the Software industry distribution chart, ICT Zone Asia Bhd ranks #2477 out of 2865 companies for Quick Ratio. This places ICT Zone Asia Bhd in the lower half of its industry. The industry median Quick Ratio is 1.70. ICT Zone Asia Bhd's value of 0.71 is 58.2% below this benchmark. Historically, ICT Zone Asia Bhd's own Quick Ratio has ranged from 0.49 to 3.35 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 1.70, ICT Zone Asia Bhd has consistently been below 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. ICT Zone Asia Bhd's current Quick Ratio of 0.71 is 58.2% below 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 ICT Zone Asia 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. ICT Zone Asia Bhd's current Quick Ratio is 0.71, which is near median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICT Zone Asia Bhd stock overvalued right now?
Based on GuruFocus' analysis, ICT Zone Asia Bhd (XKLS:0358) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.37, compared to a current price of RM0.20 — trading 45.9% below its estimated fair value. The current Quick Ratio is 0.71, which is near median its 10-year median of 0.74 and 58.2% below the Software industry median of 1.70. ICT Zone Asia Bhd's overall GF Score™ is 63/100 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 ICT Zone Asia Bhd (XKLS:0358), the current Quick Ratio is 0.71 as of Jan. 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.
Is ICT Zone Asia Bhd (XKLS:0358) Overvalued in 2026?
Based on GuruFocus' analysis, ICT Zone Asia Bhd stock appears to be undervalued.
The current stock price of RM0.20 is trading 45.9% below its estimated GF Value™ of RM0.37.
GuruFocus considers ICT Zone Asia Bhd to be Possible Value Trap.
Key valuation signals for XKLS:0358:
Quick Ratio: 0.71 (near median its 10-year median of 0.74)
GF Value™: RM0.37 vs. price of RM0.20 (45.9% below fair value)
Industry Position: 58.2% below the Software median (#2477 of 2865)
No single metric tells the full story. See the XKLS:0358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ICT Zone Asia Bhd is an investment holding company. Along with its subsidiaries, it operates in the following business segments: the Technology financing segment, which involves operating leases of ICT hardware and software; the Trading of ICT hardware and software segment includes outright sales of ICT hardware and software and disposal of ICT assets; Provision of ICT services segment is involved in providing corrective and preventative ICT maintenance services; Provision of cloud solution and services segment offers customised cloud services with architecture solution and outright sales of ICT hardware and software for cloud solution; and Others. Maximum revenue for the group is generated from the Technology financing segment. Geographically, it generates maximum revenue from Malaysia.
63GF Score
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