Olympia Industries Bhd (XKLS:3018) Quick Ratio: 0.17 (As of Mar. 2026) — 78% Below Median

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What is Olympia Industries Bhd Quick Ratio?

Olympia Industries Bhd XKLS:3018 +8.33% Quick Ratio is 0.17 as of Mar. 2026, which is 78% below its 10-year median of 0.79. The stock has 5 warning signs investors should review. Among 856 Travel & Leisure companies, Olympia Industries Bhd ranks worse than 95.44% 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. Olympia Industries Bhd's quick ratio for the quarter that ended in Mar. 2026 was 0.17.

Olympia Industries Bhd has a quick ratio of 0.17. It indicates that the company cannot currently fully pay back its current liabilities.

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

XKLS:3018' s Quick Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.79   Max: 1.21
Current: 0.17

During the past 13 years, Olympia Industries Bhd's highest Quick Ratio was 1.21. The lowest was 0.15. And the median was 0.79.

XKLS:3018's Quick Ratio is ranked worse than
95.44% of 856 companies
in the Travel & Leisure industry
Industry Median: 1.14 vs XKLS:3018: 0.17

Olympia Industries Bhd  (XKLS:3018) 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.


Olympia Industries Bhd Quick Ratio Related Terms


Olympia Industries Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for Olympia Industries 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.

Olympia Industries Bhd Quick Ratio Chart

Olympia Industries Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.47 0.36 0.42 0.15

Olympia Industries Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.34 0.17 0.15 0.17

XKLS:3018 vs FLUT, DKNG, SGHC: Quick Ratio Comparison

For the Gambling subindustry, Olympia Industries 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.


Olympia Industries Bhd Quick Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Olympia Industries Bhd's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Olympia Industries Bhd's Quick Ratio falls into.



Olympia Industries 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.

Olympia Industries 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
=(42.093-9.637)/215.452
=0.15

Olympia Industries 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
=(44.671-8.111)/219.661
=0.17

* 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 0.17 mean?
Olympia Industries Bhd (XKLS:3018) has a Quick Ratio of 0.17 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Olympia Industries Bhd and its competitors. This is 78% below median its historical median of 0.79. Over the past decade, Olympia Industries Bhd's Quick Ratio has ranged from 0.15 to 1.21. According to the industry distribution chart, Olympia Industries Bhd ranks #817 out of 856 companies in the Travel & Leisure industry, placing it in the top 95.4%.
Is Olympia Industries Bhd's Quick Ratio too high?
Olympia Industries Bhd's current Quick Ratio of 0.17 is 78% below median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.21. The Travel & Leisure industry median Quick Ratio is 1.14. Olympia Industries Bhd's value of 0.17 is 85.1% below this industry median. Based on the distribution chart, Olympia Industries Bhd ranks #817 out of 856 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers.
How does Olympia Industries Bhd's Quick Ratio compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Olympia Industries Bhd ranks #817 out of 856 companies for Quick Ratio. This places Olympia Industries Bhd in the lower half of its industry. The industry median Quick Ratio is 1.14. Olympia Industries Bhd's value of 0.17 is 85.1% below this benchmark. Historically, Olympia Industries Bhd's own Quick Ratio has ranged from 0.15 to 1.21 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.14, Olympia Industries 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 Travel & Leisure company?
The median Quick Ratio among Travel & Leisure companies is 1.14, based on 856 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. Olympia Industries Bhd's current Quick Ratio of 0.17 is 85.1% 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 Olympia Industries Bhd and its competitors. For the Travel & Leisure industry, the median Quick Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Olympia Industries Bhd's current Quick Ratio is 0.17, which is 78% below median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olympia Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Olympia Industries Bhd (XKLS:3018) is currently considered Fairly Valued. The stock's GF Value™ is RM0.06, compared to a current price of RM0.07 — trading 8.3% above its estimated fair value. The current Quick Ratio is 0.17, which is 78% below median its 10-year median of 0.79 and 85.1% below the Travel & Leisure industry median of 1.14. 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 Olympia Industries Bhd (XKLS:3018), the current Quick Ratio is 0.17 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.

Olympia Industries Bhd Business Description

Address Jalan Raja Chulan, No. 8, Level 24, Menara Olympia, Kuala Lumpur, MYS, 50200
Olympia Industries Bhd is an investment holding company. Along with its subsidiaries, it operates in the following reportable segments: Leasing, Property development, Gaming, and Investment holding and dormant. The majority of the Group's revenue is generated from the Gaming segment, which includes organising, managing, and selling several forecast pools and public lotteries. The Property development segment includes the development of residential and commercial properties; the Leasing segment includes the rental of office and retail spaces and other related activities; and the Investment holding and dormant segment includes investment holding and other business units, including trading and retailing business. Geographically, the Group derives all its revenue from Malaysia.