TAS Offshore Bhd (XKLS:5149) Quick Ratio: 1.03 (As of Feb. 2026) — 102% Above Median


XKLS:5149 TAS Offshore Bhd XKLS:5149
54 GF Score
Price RM0.50
GF Value RM0.86
Valuation Significantly Undervalued
! 3 Warning Signs
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What is TAS Offshore Bhd Quick Ratio?

TAS Offshore Bhd XKLS:5149 54 Quick Ratio is 1.03 as of Feb. 2026, which is 102% above its 10-year median of 0.51. GuruFocus rates XKLS:5149 with a GF Score™ of 54/100 and a GF Value™ of RM0.86 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 357 Aerospace & Defense companies, TAS Offshore Bhd ranks worse than 63.31% 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. TAS Offshore Bhd's quick ratio for the quarter that ended in Feb. 2026 was 1.03.

TAS Offshore Bhd has a quick ratio of 1.03. It generally indicates good short-term financial strength.

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

XKLS:5149' s Quick Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.51   Max: 2.2
Current: 1.03

During the past 13 years, TAS Offshore Bhd's highest Quick Ratio was 2.20. The lowest was 0.05. And the median was 0.51.

XKLS:5149's Quick Ratio is ranked worse than
63.31% of 357 companies
in the Aerospace & Defense industry
Industry Median: 1.3 vs XKLS:5149: 1.03

TAS Offshore Bhd  (XKLS:5149) 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.


TAS Offshore Bhd Quick Ratio Related Terms


TAS Offshore Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for TAS Offshore 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.

TAS Offshore Bhd Quick Ratio Chart

TAS Offshore Bhd Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 2.20 0.84 0.50 0.49

TAS Offshore Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.66 0.49 0.94 1.14 1.03

XKLS:5149 vs SPCX, GE, RTX: Quick Ratio Comparison

For the Aerospace & Defense subindustry, TAS Offshore 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.


TAS Offshore Bhd Quick Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, TAS Offshore Bhd's Quick Ratio distribution charts can be found below:

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


XKLS:5149
54GF Score
TAS Offshore Bhd XKLS:5149
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TAS Offshore 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.

TAS Offshore Bhd's Quick Ratio for the fiscal year that ended in May. 2025 is calculated as

Quick Ratio (A: May. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(138.329-98.691)/80.95
=0.49

TAS Offshore Bhd's Quick Ratio for the quarter that ended in Feb. 2026 is calculated as

Quick Ratio (Q: Feb. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(128.979-70.348)/57.108
=1.03

* 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 1.03 mean?
TAS Offshore Bhd (XKLS:5149) has a Quick Ratio of 1.03 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TAS Offshore Bhd and its competitors. This is 102% above median its historical median of 0.51. Over the past decade, TAS Offshore Bhd's Quick Ratio has ranged from 0.05 to 2.20. According to the industry distribution chart, TAS Offshore Bhd ranks #226 out of 357 companies in the Aerospace & Defense industry, placing it in the top 63.3%.
Is TAS Offshore Bhd's Quick Ratio too high?
TAS Offshore Bhd's current Quick Ratio of 1.03 is 102% above median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 2.20. The Aerospace & Defense industry median Quick Ratio is 1.30. TAS Offshore Bhd's value of 1.03 is 20.8% below this industry median. Based on the distribution chart, TAS Offshore Bhd ranks #226 out of 357 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, TAS Offshore Bhd has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TAS Offshore Bhd's Quick Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, TAS Offshore Bhd ranks #226 out of 357 companies for Quick Ratio. This places TAS Offshore Bhd in the lower half of its industry. The industry median Quick Ratio is 1.30. TAS Offshore Bhd's value of 1.03 is 20.8% below this benchmark. Historically, TAS Offshore Bhd's own Quick Ratio has ranged from 0.05 to 2.20 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 1.30, TAS Offshore 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 Aerospace & Defense company?
The median Quick Ratio among Aerospace & Defense companies is 1.30, based on 357 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. TAS Offshore Bhd's current Quick Ratio of 1.03 is 20.8% 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 TAS Offshore Bhd and its competitors. For the Aerospace & Defense industry, the median Quick Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAS Offshore Bhd's current Quick Ratio is 1.03, which is 102% above median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAS Offshore Bhd stock overvalued right now?
Based on GuruFocus' analysis, TAS Offshore Bhd (XKLS:5149) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.86, compared to a current price of RM0.50 — trading 42.4% below its estimated fair value. The current Quick Ratio is 1.03, which is 102% above median its 10-year median of 0.51 and 20.8% below the Aerospace & Defense industry median of 1.30. TAS Offshore Bhd's overall GF Score™ is 54/100 with 3 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 TAS Offshore Bhd (XKLS:5149), the current Quick Ratio is 1.03 as of Feb. 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 TAS Offshore Bhd (XKLS:5149) Overvalued in 2026?

Based on GuruFocus' analysis, TAS Offshore Bhd stock appears to be undervalued. The current stock price of RM0.50 is trading 42.4% below its estimated GF Value™ of RM0.86. GuruFocus considers TAS Offshore Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5149:

  • Quick Ratio: 1.03 (102% above median its 10-year median of 0.51)
  • GF Value™: RM0.86 vs. price of RM0.50 (42.4% below fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 20.8% below the Aerospace & Defense median (#226 of 357)

No single metric tells the full story. See the XKLS:5149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TAS Offshore Bhd Business Description

Address Lot 199, Sungai Maaw Road, P.O. Box 920, Sungai Bidut, Sibu, SWK, MYS, 96000
TAS Offshore Bhd is an investment holding company engaged in shipbuilding and ship repairing activities across Malaysia, Singapore, and Indonesia. Its shipbuilding operations include constructing vessels such as tugboats, anchor handling tugs, anchor handling tug supply vessels, utility vessels, workboats, ferries, and cargo ships. The company also provides ship repair services, including routine maintenance, machinery inspection, repainting, and damage repair. Additionally, TAS Offshore offers vessel chartering services. It generates revenue through contracting shipbuilding, repair projects, and vessel leasing, serving clients in the marine and offshore industries.
54GF Score

Get the complete analysis for XKLS:5149

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

RM0.50
Price
RM0.86
GF Value