Itmax System Bhd (XKLS:5309) Quick Ratio: 2.78 (As of Mar. 2026) — 41% Below Median


XKLS:5309 Itmax System Bhd XKLS:5309
98 GF Score
Price RM4.84
GF Value RM4.69
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Itmax System Bhd Quick Ratio?

Itmax System Bhd XKLS:5309 98 Quick Ratio is 2.78 as of Mar. 2026, which is 41% below its 10-year median of 4.71. GuruFocus rates XKLS:5309 with a GF Score™ of 98/100 and a GF Value™ of RM4.69 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,092 Business Services companies, Itmax System Bhd ranks better than 74.63% 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. Itmax System Bhd's quick ratio for the quarter that ended in Mar. 2026 was 2.78.

Itmax System Bhd has a quick ratio of 2.78. It generally indicates good short-term financial strength.

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

XKLS:5309' s Quick Ratio Range Over the Past 10 Years
Min: 1.04   Med: 4.71   Max: 6.47
Current: 2.78

During the past 7 years, Itmax System Bhd's highest Quick Ratio was 6.47. The lowest was 1.04. And the median was 4.71.

XKLS:5309's Quick Ratio is ranked better than
74.63% of 1092 companies
in the Business Services industry
Industry Median: 1.67 vs XKLS:5309: 2.78

Itmax System Bhd  (XKLS:5309) 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.


Itmax System Bhd Quick Ratio Related Terms


Itmax System Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for Itmax System 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.

Itmax System Bhd Quick Ratio Chart

Itmax System Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 1.09 6.28 6.25 4.24 3.33

Itmax System Bhd Quarterly Data
Dec19 Dec20 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 4.65 5.19 4.55 3.33 2.78

XKLS:5309 vs ALLE, MSA, ADT: Quick Ratio Comparison

For the Security & Protection Services subindustry, Itmax System 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.


Itmax System Bhd Quick Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Itmax System Bhd's Quick Ratio distribution charts can be found below:

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


XKLS:5309
98GF Score
Itmax System Bhd XKLS:5309
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Itmax System 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.

Itmax System 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
=(324.21-20.434)/91.211
=3.33

Itmax System 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
=(305.934-25.352)/100.999
=2.78

* 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 2.78 mean?
Itmax System Bhd (XKLS:5309) has a Quick Ratio of 2.78 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Itmax System Bhd and its competitors. This is 41% below median its historical median of 4.71. Over the past decade, Itmax System Bhd's Quick Ratio has ranged from 1.04 to 6.47. According to the industry distribution chart, Itmax System Bhd ranks #277 out of 1092 companies in the Business Services industry, placing it in the top 25.4%.
Is Itmax System Bhd's Quick Ratio too high?
Itmax System Bhd's current Quick Ratio of 2.78 is 41% below median its 10-year median of 4.71. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 6.47. The Business Services industry median Quick Ratio is 1.67. Itmax System Bhd's value of 2.78 is 66.5% above this industry median. Based on the distribution chart, Itmax System Bhd ranks #277 out of 1092 companies in the Business Services industry, which is above the industry midpoint. Overall, Itmax System Bhd has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Itmax System Bhd's Quick Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Itmax System Bhd ranks #277 out of 1092 companies for Quick Ratio. This puts Itmax System Bhd in the upper half of its industry. The industry median Quick Ratio is 1.67. Itmax System Bhd's value of 2.78 is 66.5% above this benchmark. Historically, Itmax System Bhd's own Quick Ratio has ranged from 1.04 to 6.47 over the past decade. While the company's 10-year median is 4.71 vs. the industry median of 1.67, Itmax System 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 Business Services company?
The median Quick Ratio among Business Services companies is 1.67, based on 1,092 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. Itmax System Bhd's current Quick Ratio of 2.78 is 66.5% 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 Itmax System Bhd and its competitors. For the Business Services industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itmax System Bhd's current Quick Ratio is 2.78, which is 41% below median its own 10-year median of 4.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itmax System Bhd stock overvalued right now?
Based on GuruFocus' analysis, Itmax System Bhd (XKLS:5309) is currently considered Fairly Valued. The stock's GF Value™ is RM4.69, compared to a current price of RM4.84 — trading 3.2% above its estimated fair value. The current Quick Ratio is 2.78, which is 41% below median its 10-year median of 4.71 and 66.5% above the Business Services industry median of 1.67. Itmax System Bhd's overall GF Score™ is 98/100 with 5 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 Itmax System Bhd (XKLS:5309), the current Quick Ratio is 2.78 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 Itmax System Bhd (XKLS:5309) Overvalued in 2026?

Based on GuruFocus' analysis, Itmax System Bhd stock appears to be overvalued. The current stock price of RM4.84 is trading 3.2% above its estimated GF Value™ of RM4.69. GuruFocus considers Itmax System Bhd to be Fairly Valued.

Key valuation signals for XKLS:5309:

  • Quick Ratio: 2.78 (41% below median its 10-year median of 4.71)
  • GF Value™: RM4.69 vs. price of RM4.84 (3.2% above fair value)
  • GF Score™: 98/100 with 5 warning signs
  • Industry Position: 66.5% above the Business Services median (#277 of 1092)

No single metric tells the full story. See the XKLS:5309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Itmax System Bhd Business Description

Address Jalan Radin Bagus 3, No. 30-G & 30-3, Seri Petaling, Wilayah Persekutuan, Kuala Lumpur, MYS, 57000
Itmax System Bhd is principally engaged in the business of supplying, installing, and providing public space networked systems and investment holding. The company develops networking solutions for smart video surveillance, smart parking, smart traffic management, smart street lighting and communication networks. Geographically, the company operates only in Malaysia.
98GF Score

Get the complete analysis for XKLS:5309

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

RM4.84
Price
RM4.69
GF Value