JS Solar Holding BhdXKLS:0369 -2.56%5 Quick Ratio is 1.09 as of Mar. 2026, which is 22% above its 10-year median of 0.89. GuruFocus rates XKLS:0369 with a GF Score™ of 5/100. The stock has 6 warning signs investors should review. Among 445 Utilities - Independent Power Producers companies, JS Solar Holding Bhd ranks worse than 55.73% on this metric.
JS Solar Holding Bhd (XKLS:0369) 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.
JS Solar Holding Bhd Quick Ratio Related Terms
JS Solar Holding Bhd Quick Ratio Historical Data
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The historical data trend for JS Solar Holding 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.
JS Solar Holding Bhd Quick Ratio Competitor Comparison
For the Utilities - Renewable subindustry, JS Solar Holding 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.
JS Solar Holding Bhd Quick Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, JS Solar Holding Bhd's Quick Ratio distribution charts can be found below:
* The bar in red indicates where JS Solar Holding 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.
JS Solar Holding Bhd's Quick Ratio for the fiscal year that ended in Mar. 2026 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.
JS Solar Holding Bhd (XKLS:0369) has a Quick Ratio of 1.09 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on JS Solar Holding Bhd and its competitors. This is 22% above median its historical median of 0.89. Over the past decade, JS Solar Holding Bhd's Quick Ratio has ranged from 0.50 to 1.26. According to the industry distribution chart, JS Solar Holding Bhd ranks #248 out of 445 companies in the Utilities - Independent Power Producers industry, placing it in the top 55.7%.
Is JS Solar Holding Bhd's Quick Ratio too high?
JS Solar Holding Bhd's current Quick Ratio of 1.09 is 22% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.26. The Utilities - Independent Power Producers industry median Quick Ratio is 1.24. JS Solar Holding Bhd's value of 1.09 is 12.1% below this industry median. Based on the distribution chart, JS Solar Holding Bhd ranks #248 out of 445 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, JS Solar Holding Bhd has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does JS Solar Holding Bhd's Quick Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, JS Solar Holding Bhd ranks #248 out of 445 companies for Quick Ratio. This places JS Solar Holding Bhd in the lower half of its industry. The industry median Quick Ratio is 1.24. JS Solar Holding Bhd's value of 1.09 is 12.1% below this benchmark. Historically, JS Solar Holding Bhd's own Quick Ratio has ranged from 0.50 to 1.26 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 1.24, JS Solar Holding 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 an Utilities - Independent Power Producers company?
The median Quick Ratio among Utilities - Independent Power Producers companies is 1.24, based on 445 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. JS Solar Holding Bhd's current Quick Ratio of 1.09 is 12.1% 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 JS Solar Holding Bhd and its competitors. For the Utilities - Independent Power Producers industry, the median Quick Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JS Solar Holding Bhd's current Quick Ratio is 1.09, which is 22% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JS Solar Holding Bhd stock overvalued right now?
JS Solar Holding Bhd (XKLS:0369) has a current Quick Ratio of 1.09. The current Quick Ratio is 1.09, which is 22% above median its 10-year median of 0.89 and 12.1% below the Utilities - Independent Power Producers industry median of 1.24. JS Solar Holding Bhd's overall GF Score™ is 5/100 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 JS Solar Holding Bhd (XKLS:0369), the current Quick Ratio is 1.09 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.
JS Solar Holding Bhd is principally an investment holding company. Through its Subsidiaries, it is principally involved in the provision of EPCC services and contracting services for solar PV systems. The company also complement its solar PV system projects through the provision of O&M services to assist its customers in operating and maintaining their solar PV systems.
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