White Horse BhdXKLS:5009 32 Quick Ratio is 2.47 as of Mar. 2026, which is 73% above its 10-year median of 1.43. GuruFocus rates XKLS:5009 with a GF Score™ of 32/100 and a GF Value™ of RM0.59 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 408 Building Materials companies, White Horse Bhd ranks better than 83.58% 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. White Horse Bhd's quick ratio for the quarter that ended in Mar. 2026 was 2.47.
White Horse Bhd has a quick ratio of 2.47. It generally indicates good short-term financial strength.
The historical rank and industry rank for White Horse Bhd's Quick Ratio or its related term are showing as below:
XKLS:5009'
s Quick Ratio Range Over the Past 10 Years
Min: 0.76 Med: 1.43 Max: 2.47
Current: 2.47
During the past 13 years, White Horse Bhd's highest Quick Ratio was 2.47. The lowest was 0.76. And the median was 1.43.
XKLS:5009's Quick Ratio is ranked better than 83.58% of 408
companies
in the Building Materials industry
Industry Median: 1.035
vs XKLS:5009: 2.47
White Horse Bhd (XKLS:5009) 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.
White Horse Bhd Quick Ratio Related Terms
White Horse Bhd Quick Ratio Historical Data
* Premium members only.
The historical data trend for White Horse 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:5009 vs CRH, VMC, MLM: Quick Ratio Comparison
For the Building Materials subindustry, White Horse 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.
White Horse Bhd Quick Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, White Horse Bhd's Quick Ratio distribution charts can be found below:
* The bar in red indicates where White Horse 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.
White Horse 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.
White Horse Bhd (XKLS:5009) has a Quick Ratio of 2.47 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on White Horse Bhd and its competitors. This is 73% above median its historical median of 1.43. Over the past decade, White Horse Bhd's Quick Ratio has ranged from 0.76 to 2.47. According to the industry distribution chart, White Horse Bhd ranks #67 out of 408 companies in the Building Materials industry, placing it in the top 16.4%.
Is White Horse Bhd's Quick Ratio too high?
White Horse Bhd's current Quick Ratio of 2.47 is 73% above median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 2.47. The Building Materials industry median Quick Ratio is 1.04. White Horse Bhd's value of 2.47 is 138.6% above this industry median. Based on the distribution chart, White Horse Bhd ranks #67 out of 408 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, White Horse Bhd has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does White Horse Bhd's Quick Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, White Horse Bhd ranks #67 out of 408 companies for Quick Ratio. This places White Horse Bhd in the top 16% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.04. White Horse Bhd's value of 2.47 is 138.6% above this benchmark. Historically, White Horse Bhd's own Quick Ratio has ranged from 0.76 to 2.47 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 1.04, White Horse 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 Building Materials company?
The median Quick Ratio among Building Materials companies is 1.04, based on 408 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. White Horse Bhd's current Quick Ratio of 2.47 is 138.6% 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 White Horse Bhd and its competitors. For the Building Materials industry, the median Quick Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. White Horse Bhd's current Quick Ratio is 2.47, which is 73% above median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is White Horse Bhd stock overvalued right now?
Based on GuruFocus' analysis, White Horse Bhd (XKLS:5009) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.59, compared to a current price of RM0.46 — trading 22.9% below its estimated fair value. The current Quick Ratio is 2.47, which is 73% above median its 10-year median of 1.43 and 138.6% above the Building Materials industry median of 1.04. White Horse Bhd's overall GF Score™ is 32/100 with 2 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 White Horse Bhd (XKLS:5009), the current Quick Ratio is 2.47 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.
Is White Horse Bhd (XKLS:5009) Overvalued in 2026?
Based on GuruFocus' analysis, White Horse Bhd stock appears to be undervalued.
The current stock price of RM0.46 is trading 22.9% below its estimated GF Value™ of RM0.59.
GuruFocus considers White Horse Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5009:
Quick Ratio: 2.47 (73% above median its 10-year median of 1.43)
GF Value™: RM0.59 vs. price of RM0.46 (22.9% below fair value)
Industry Position: 138.6% above the Building Materials median (#67 of 408)
No single metric tells the full story. See the XKLS:5009 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
White Horse Bhd. is an investment holding company, which is engaged in the manufacturing of ceramic wall, floor tiles and the provision of management services. Its segments include Malaysia, Vietnam, and Others. The Malaysia segment includes the manufacturing and distribution of ceramic homogenous tiles in Malaysia. The Vietnam segment includes the manufacturing and distribution of ceramic homogenous tiles in Vietnam. The other segments include the distribution of ceramic homogenous tiles in Indonesia, the Philippine, Singapore, and Thailand, and China. The product portfolio of the group consists of ceramic wall tiles, ceramic floor tiles and porcelain tiles. It generates the majority of revenue from the Malaysian segment.
32GF Score
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