Choo Bee Metal Industries Bhd has a quick ratio of 17.21. It generally indicates good short-term financial strength.
The historical rank and industry rank for Choo Bee Metal Industries Bhd's Quick Ratio or its related term are showing as below:
XKLS:5797'
s Quick Ratio Range Over the Past 10 Years
Min: 3.95 Med: 8.36 Max: 32.87
Current: 17.21
During the past 13 years, Choo Bee Metal Industries Bhd's highest Quick Ratio was 32.87. The lowest was 3.95. And the median was 8.36.
XKLS:5797's Quick Ratio is ranked better than 97.63% of 634
companies
in the Steel industry
Industry Median: 1.02
vs XKLS:5797: 17.21
Choo Bee Metal Industries Bhd (XKLS:5797) 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.
Choo Bee Metal Industries Bhd Quick Ratio Related Terms
Choo Bee Metal Industries Bhd Quick Ratio Historical Data
* 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.
XKLS:5797 vs NUE, STLD, RS: Quick Ratio Comparison
For the Steel subindustry, Choo Bee Metal Industries 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.
Choo Bee Metal Industries Bhd Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Choo Bee Metal Industries Bhd's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Choo Bee Metal Industries Bhd's Quick Ratio falls into.
Choo Bee Metal Industries 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.
* 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.
Choo Bee Metal Industries Bhd (XKLS:5797) has a Quick Ratio of 17.21 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Choo Bee Metal Industries Bhd and its competitors. This is 106% above median its historical median of 8.36. Over the past decade, Choo Bee Metal Industries Bhd's Quick Ratio has ranged from 3.95 to 32.87. According to the industry distribution chart, Choo Bee Metal Industries Bhd ranks #15 out of 634 companies in the Steel industry, placing it in the top 2.4%.
Is Choo Bee Metal Industries Bhd's Quick Ratio too high?
Choo Bee Metal Industries Bhd's current Quick Ratio of 17.21 is 106% above median its 10-year median of 8.36. Over the past 10 years, this metric has ranged from a low of 3.95 to a high of 32.87. The Steel industry median Quick Ratio is 1.02. Choo Bee Metal Industries Bhd's value of 17.21 is 1587.3% above this industry median. Based on the distribution chart, Choo Bee Metal Industries Bhd ranks #15 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Choo Bee Metal Industries Bhd has a GF Score™ of 29/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Choo Bee Metal Industries Bhd's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Choo Bee Metal Industries Bhd ranks #15 out of 634 companies for Quick Ratio. This places Choo Bee Metal Industries Bhd in the top 2% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.02. Choo Bee Metal Industries Bhd's value of 17.21 is 1587.3% above this benchmark. Historically, Choo Bee Metal Industries Bhd's own Quick Ratio has ranged from 3.95 to 32.87 over the past decade. While the company's 10-year median is 8.36 vs. the industry median of 1.02, Choo Bee Metal Industries 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 634 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. Choo Bee Metal Industries Bhd's current Quick Ratio of 17.21 is 1587.3% 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 Choo Bee Metal Industries 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. Choo Bee Metal Industries Bhd's current Quick Ratio is 17.21, which is 106% above median its own 10-year median of 8.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choo Bee Metal Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, Choo Bee Metal Industries Bhd (XKLS:5797) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.65, compared to a current price of RM0.50 — trading 23.1% below its estimated fair value. The current Quick Ratio is 17.21, which is 106% above median its 10-year median of 8.36 and 1587.3% above the Steel industry median of 1.02. Choo Bee Metal Industries Bhd's overall GF Score™ is 29/100 with 1 warning sign 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 Choo Bee Metal Industries Bhd (XKLS:5797), the current Quick Ratio is 17.21 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 Choo Bee Metal Industries Bhd (XKLS:5797) Overvalued in 2026?
Based on GuruFocus' analysis, Choo Bee Metal Industries Bhd stock appears to be undervalued.
The current stock price of RM0.50 is trading 23.1% below its estimated GF Value™ of RM0.65.
GuruFocus considers Choo Bee Metal Industries Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5797:
Quick Ratio: 17.21 (106% above median its 10-year median of 8.36)
GF Value™: RM0.65 vs. price of RM0.50 (23.1% below fair value)
Industry Position: 1587.3% above the Steel median (#15 of 634)
No single metric tells the full story. See the XKLS:5797 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Choo Bee Metal Industries Bhd Business Description
Choo Bee Metal Industries Bhd is principally engaged in the processing of steel coils into steel products, fabrication of steel products and trading of hardware products. It wholly owned and are mainly involved in dealing and trading of hardware and construction materials. It is engaged in the manufacturing and sales of flat-based steel products from Hot Rolled and Cold Rolled coils, providing processing services. It is organized into trading which Dealing in hardware and construction materials and manufacturing segments which is Processing of steel coils into steel products and fabrication of steel products, in which the Trading segments derive the majority of its revenue. Geographically it has presence in Malaysia, Asia other than Malaysia, of which majority of its revenue from Malaysia.
29GF Score
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