Meridian Bhd (XKLS:5040) Quick Ratio: 0.03 (As of May. 2025)


What is Meridian Bhd Quick Ratio?

Meridian Bhd XKLS:5040 +25.00% Quick Ratio is 0.03 as of May. 2025.

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. Meridian Bhd's quick ratio for the quarter that ended in May. 2025 was 0.03.

Meridian Bhd has a quick ratio of 0.03. It indicates that the company cannot currently fully pay back its current liabilities.

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

XKLS:5040's Quick Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.84
* Ranked among companies with meaningful Quick Ratio only.

Meridian Bhd  (XKLS:5040) 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.


Meridian Bhd Quick Ratio Related Terms


Meridian Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for Meridian 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.

Meridian Bhd Quick Ratio Chart

Meridian Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Jun20 Jun21 Jun22
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.26 0.23 0.25 0.04

Meridian Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Feb24 May24 Aug24 Nov24 Feb25 May25
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 0.05 0.02 0.03 0.03 0.03

XKLS:5040 vs CBRE, BEKE, CSGP: Quick Ratio Comparison

For the Real Estate Services subindustry, Meridian 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.


Meridian Bhd Quick Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Meridian Bhd's Quick Ratio distribution charts can be found below:

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



Meridian 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.

Meridian Bhd's Quick Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Quick Ratio (A: Jun. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(21.854-19.995)/44.292
=0.04

Meridian Bhd's Quick Ratio for the quarter that ended in May. 2025 is calculated as

Quick Ratio (Q: May. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(21.366-19.689)/66.01
=0.03

* 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 0.03 mean?
Meridian Bhd (XKLS:5040) has a Quick Ratio of 0.03 as of May. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Meridian Bhd and its competitors.
Is Meridian Bhd's Quick Ratio too high?
Meridian Bhd's current Quick Ratio is 0.03. The Real Estate industry median Quick Ratio is 0.84. Meridian Bhd's value of 0.03 is 96.4% below this industry median.
How does Meridian Bhd's Quick Ratio compare to CBRE and BEKE?
Meridian Bhd's Quick Ratio of 0.03 can be compared against companies in the Real Estate industry. The industry median Quick Ratio is 0.84. Meridian Bhd's value of 0.03 is 96.4% below this benchmark. 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 Real Estate company?
The median Quick Ratio among Real Estate companies is 0.84, based on 1,794 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. Meridian Bhd's current Quick Ratio of 0.03 is 96.4% 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 Meridian Bhd and its competitors. For the Real Estate industry, the median Quick Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Bhd's current Quick Ratio is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Bhd stock overvalued right now?
Meridian Bhd (XKLS:5040) has a current Quick Ratio of 0.03. The current Quick Ratio is 0.03 and 96.4% below the Real Estate industry median of 0.84. 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 Meridian Bhd (XKLS:5040), the current Quick Ratio is 0.03 as of May. 2025. 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.

Meridian Bhd Business Description

Address No. 8 Persiaran Tropicana, Lot 13.5a, Level 13, Menara Lien Hoe, Tropicana Golf and Country Resort, Petaling Jaya, SGR, MYS, 47410
Meridian Bhd is an investment holding company. Along with its subsidiaries, it is engaged in property development and investment in properties. The group has completed the development of several properties, such as The Summit Subang USJ, The Summit Bukit Mertajam, Aman Larkin, Scott Garden, Scott Tower, The Arc at Cyberjaya, etc., and has many other projects under development. The group's operating segments are: Property investment, Construction, Property development, and Others. Maximum revenue is generated from its Property investment segment, which is involved in rental collection from investment properties and the operation of car parks in commercial properties. Geographically, the group mainly operates in Malaysia.