TMK Chemical Bhd (XKLS:5330) Quick Ratio: 1.66 (As of Mar. 2026) — Near Median


XKLS:5330 TMK Chemical Bhd XKLS:5330
18 GF Score
Price RM2.43
! 7 Warning Signs
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What is TMK Chemical Bhd Quick Ratio?

TMK Chemical Bhd XKLS:5330 +3.40% 18 Quick Ratio is 1.66 as of Mar. 2026, which is 8% below its 10-year median of 1.80. GuruFocus rates XKLS:5330 with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 1,609 Chemicals companies, TMK Chemical Bhd ranks better than 60.22% 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. TMK Chemical Bhd's quick ratio for the quarter that ended in Mar. 2026 was 1.66.

TMK Chemical Bhd has a quick ratio of 1.66. It generally indicates good short-term financial strength.

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

XKLS:5330' s Quick Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.8   Max: 2.39
Current: 1.66

During the past 5 years, TMK Chemical Bhd's highest Quick Ratio was 2.39. The lowest was 0.97. And the median was 1.80.

XKLS:5330's Quick Ratio is ranked better than
60.22% of 1609 companies
in the Chemicals industry
Industry Median: 1.38 vs XKLS:5330: 1.66

TMK Chemical Bhd  (XKLS:5330) 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.


TMK Chemical Bhd Quick Ratio Related Terms


TMK Chemical Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for TMK Chemical 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.

TMK Chemical Bhd Quick Ratio Chart

TMK Chemical Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
1.14 0.99 0.97 2.39 1.72

TMK Chemical Bhd Quarterly Data
Dec21 Dec22 Dec23 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 2.03 2.12 2.11 1.72 1.66

XKLS:5330 vs DOW: Quick Ratio Comparison

For the Chemicals subindustry, TMK Chemical 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.


TMK Chemical Bhd Quick Ratio vs Chemicals Industry

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

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


XKLS:5330
18GF Score
TMK Chemical Bhd XKLS:5330
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TMK Chemical 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.

TMK Chemical 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
=(749.115-110.35)/370.862
=1.72

TMK Chemical 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
=(655.28-112.126)/326.579
=1.66

* 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 1.66 mean?
TMK Chemical Bhd (XKLS:5330) has a Quick Ratio of 1.66 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TMK Chemical Bhd and its competitors. This is near median its historical median of 1.80. Over the past decade, TMK Chemical Bhd's Quick Ratio has ranged from 0.97 to 2.39. According to the industry distribution chart, TMK Chemical Bhd ranks #640 out of 1609 companies in the Chemicals industry, placing it in the top 39.8%.
Is TMK Chemical Bhd's Quick Ratio too high?
TMK Chemical Bhd's current Quick Ratio of 1.66 is near median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 2.39. The Chemicals industry median Quick Ratio is 1.38. TMK Chemical Bhd's value of 1.66 is 20.3% above this industry median. Based on the distribution chart, TMK Chemical Bhd ranks #640 out of 1609 companies in the Chemicals industry, which is above the industry midpoint. Overall, TMK Chemical Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does TMK Chemical Bhd's Quick Ratio compare to DOW?
According to the Chemicals industry distribution chart, TMK Chemical Bhd ranks #640 out of 1609 companies for Quick Ratio. This puts TMK Chemical Bhd in the upper half of its industry. The industry median Quick Ratio is 1.38. TMK Chemical Bhd's value of 1.66 is 20.3% above this benchmark. Historically, TMK Chemical Bhd's own Quick Ratio has ranged from 0.97 to 2.39 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 1.38, TMK Chemical 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 Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,609 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. TMK Chemical Bhd's current Quick Ratio of 1.66 is 20.3% 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 TMK Chemical Bhd and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TMK Chemical Bhd's current Quick Ratio is 1.66, which is near median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMK Chemical Bhd stock overvalued right now?
TMK Chemical Bhd (XKLS:5330) has a current Quick Ratio of 1.66. The current Quick Ratio is 1.66, which is near median its 10-year median of 1.80 and 20.3% above the Chemicals industry median of 1.38. TMK Chemical Bhd's overall GF Score™ is 18/100 with 7 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 TMK Chemical Bhd (XKLS:5330), the current Quick Ratio is 1.66 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.

TMK Chemical Bhd Business Description

Address Jalan PJU 1A/2, Blok B2, No. 2, B2-6-01, Meritus at Oasis Corporate Park, Ara Damansara, Petaling Jaya, SGR, MYS, 47301
TMK Chemical Bhd provides a range of chemical manufacturing, chemical distribution, storage, and logistics services to satisfy the industrial needs of businesses for various markets. The company operates in the following divisions: Provision of total chemical management, Provision of chemical terminal services, and Others. The majority of its revenue is generated from the Provision of total chemical management business, which provides sourcing, processing, distribution, and manufacturing services for inorganic chemicals and value-added services, including chemical processing services, and the provision of handling and storage services. Geographically, the Group generates maximum revenue from Malaysia, and the rest from Singapore, Vietnam, Indonesia, Brunei, and other regions.
18GF Score

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