Mycron Steel Bhd (XKLS:5087) Quick Ratio: 1.33 (As of Mar. 2026) — 73% Above Median


XKLS:5087 Mycron Steel Bhd XKLS:5087
41 GF Score
Price RM0.24
GF Value RM0.31
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Mycron Steel Bhd Quick Ratio?

Mycron Steel Bhd XKLS:5087 41 Quick Ratio is 1.33 as of Mar. 2026, which is 73% above its 10-year median of 0.77. GuruFocus rates XKLS:5087 with a GF Score™ of 41/100 and a GF Value™ of RM0.31 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 636 Steel companies, Mycron Steel Bhd ranks better than 64.47% 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. Mycron Steel Bhd's quick ratio for the quarter that ended in Mar. 2026 was 1.33.

Mycron Steel Bhd has a quick ratio of 1.33. It generally indicates good short-term financial strength.

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

XKLS:5087' s Quick Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.77   Max: 1.33
Current: 1.33

During the past 13 years, Mycron Steel Bhd's highest Quick Ratio was 1.33. The lowest was 0.55. And the median was 0.77.

XKLS:5087's Quick Ratio is ranked better than
64.47% of 636 companies
in the Steel industry
Industry Median: 1.02 vs XKLS:5087: 1.33

Mycron Steel Bhd  (XKLS:5087) 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.


Mycron Steel Bhd Quick Ratio Related Terms


Mycron Steel Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for Mycron Steel 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.

Mycron Steel Bhd Quick Ratio Chart

Mycron Steel Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.72 1.07 0.78 1.08

Mycron Steel 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 1.19 1.08 1.28 1.22 1.33

XKLS:5087 vs NUE, STLD, RS: Quick Ratio Comparison

For the Steel subindustry, Mycron Steel 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.


Mycron Steel Bhd Quick Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Mycron Steel Bhd's Quick Ratio distribution charts can be found below:

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


XKLS:5087
41GF Score
Mycron Steel Bhd XKLS:5087
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mycron Steel 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.

Mycron Steel Bhd's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Quick Ratio (A: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(349.503-199.331)/138.578
=1.08

Mycron Steel 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
=(325.557-199.435)/95.054
=1.33

* 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 1.33 mean?
Mycron Steel Bhd (XKLS:5087) has a Quick Ratio of 1.33 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mycron Steel Bhd and its competitors. This is 73% above median its historical median of 0.77. Over the past decade, Mycron Steel Bhd's Quick Ratio has ranged from 0.55 to 1.33. According to the industry distribution chart, Mycron Steel Bhd ranks #226 out of 636 companies in the Steel industry, placing it in the top 35.5%.
Is Mycron Steel Bhd's Quick Ratio too high?
Mycron Steel Bhd's current Quick Ratio of 1.33 is 73% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.33. The Steel industry median Quick Ratio is 1.02. Mycron Steel Bhd's value of 1.33 is 30.4% above this industry median. Based on the distribution chart, Mycron Steel Bhd ranks #226 out of 636 companies in the Steel industry, which is above the industry midpoint. Overall, Mycron Steel Bhd has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mycron Steel Bhd's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Mycron Steel Bhd ranks #226 out of 636 companies for Quick Ratio. This puts Mycron Steel Bhd in the upper half of its industry. The industry median Quick Ratio is 1.02. Mycron Steel Bhd's value of 1.33 is 30.4% above this benchmark. Historically, Mycron Steel Bhd's own Quick Ratio has ranged from 0.55 to 1.33 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 1.02, Mycron Steel 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 Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 636 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. Mycron Steel Bhd's current Quick Ratio of 1.33 is 30.4% 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 Mycron Steel Bhd and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mycron Steel Bhd's current Quick Ratio is 1.33, which is 73% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mycron Steel Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mycron Steel Bhd (XKLS:5087) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.31, compared to a current price of RM0.24 — trading 22.6% below its estimated fair value. The current Quick Ratio is 1.33, which is 73% above median its 10-year median of 0.77 and 30.4% above the Steel industry median of 1.02. Mycron Steel Bhd's overall GF Score™ is 41/100 with 4 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 Mycron Steel Bhd (XKLS:5087), the current Quick Ratio is 1.33 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 Mycron Steel Bhd (XKLS:5087) Overvalued in 2026?

Based on GuruFocus' analysis, Mycron Steel Bhd stock appears to be undervalued. The current stock price of RM0.24 is trading 22.6% below its estimated GF Value™ of RM0.31. GuruFocus considers Mycron Steel Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5087:

  • Quick Ratio: 1.33 (73% above median its 10-year median of 0.77)
  • GF Value™: RM0.31 vs. price of RM0.24 (22.6% below fair value)
  • GF Score™: 41/100 with 4 warning signs
  • Industry Position: 30.4% above the Steel median (#226 of 636)

No single metric tells the full story. See the XKLS:5087 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mycron Steel Bhd Business Description

Address Lot 717, Jalan Sungai Rasau, Seksyen 16, Shah Alam, SGR, MYS, 40200
Mycron Steel Bhd is involved in the manufacturing of accessories made from steel, steel tubes, and pipes. The company mainly involves in the manufacture of Cold rolled coil-related products used in automotive, electrical appliances, electronics, and construction industries; Steel tubes, and Others. Its product portfolio includes cold-rolled electrical sheets, galvanized zinc sheets, tin-plated sheets, and electro-galvanized iron sheets. The company's operating segment includes Cold rolled coil; Steel tube and others. It generates maximum revenue from the Cold rolled Coil following Steel Tube.
41GF Score

Get the complete analysis for XKLS:5087

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.24
Price
RM0.31
GF Value