Asia File Bhd (XKLS:7129) Quick Ratio: 16.57 (As of Mar. 2026) — 175% Above Median


XKLS:7129 Asia File Corp Bhd XKLS:7129
65 GF Score
Price RM1.30
GF Value RM1.51
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Asia File Bhd Quick Ratio?

Asia File Bhd XKLS:7129 +1.56% 65 Quick Ratio is 16.57 as of Mar. 2026, which is 175% above its 10-year median of 6.03. GuruFocus rates XKLS:7129 with a GF Score™ of 65/100 and a GF Value™ of RM1.51 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 3,072 Industrial Products companies, Asia File Bhd ranks better than 98.96% 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. Asia File Bhd's quick ratio for the quarter that ended in Mar. 2026 was 16.57.

Asia File Bhd has a quick ratio of 16.57. It generally indicates good short-term financial strength.

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

XKLS:7129' s Quick Ratio Range Over the Past 10 Years
Min: 3.21   Med: 6.03   Max: 16.57
Current: 16.57

During the past 13 years, Asia File Bhd's highest Quick Ratio was 16.57. The lowest was 3.21. And the median was 6.03.

XKLS:7129's Quick Ratio is ranked better than
98.96% of 3072 companies
in the Industrial Products industry
Industry Median: 1.39 vs XKLS:7129: 16.57

Asia File Bhd  (XKLS:7129) 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.


Asia File Bhd Quick Ratio Related Terms


Asia File Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for Asia File 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.

Asia File Bhd Quick Ratio Chart

Asia File Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.51 8.83 9.04 12.50 16.57

Asia File 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 12.50 13.45 17.04 17.80 16.57

Asia File Bhd Quick Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Asia File 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.


Asia File Bhd Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asia File Bhd's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Asia File Bhd's Quick Ratio falls into.


XKLS:7129
65GF Score
Asia File Corp Bhd XKLS:7129
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia File 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.

Asia File Bhd's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(495.487-67.001)/25.852
=16.57

Asia File 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
=(495.487-67.001)/25.852
=16.57

* 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 16.57 mean?
Asia File Bhd (XKLS:7129) has a Quick Ratio of 16.57 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Asia File Bhd and its competitors. This is 175% above median its historical median of 6.03. Over the past decade, Asia File Bhd's Quick Ratio has ranged from 3.21 to 16.57. According to the industry distribution chart, Asia File Bhd ranks #32 out of 3072 companies in the Industrial Products industry, placing it in the top 1%.
Is Asia File Bhd's Quick Ratio too high?
Asia File Bhd's current Quick Ratio of 16.57 is 175% above median its 10-year median of 6.03. Over the past 10 years, this metric has ranged from a low of 3.21 to a high of 16.57. The Industrial Products industry median Quick Ratio is 1.39. Asia File Bhd's value of 16.57 is 1092.1% above this industry median. Based on the distribution chart, Asia File Bhd ranks #32 out of 3072 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Asia File Bhd has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asia File Bhd's Quick Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Asia File Bhd ranks #32 out of 3072 companies for Quick Ratio. This places Asia File Bhd in the top 1% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.39. Asia File Bhd's value of 16.57 is 1092.1% above this benchmark. Historically, Asia File Bhd's own Quick Ratio has ranged from 3.21 to 16.57 over the past decade. While the company's 10-year median is 6.03 vs. the industry median of 1.39, Asia File 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,072 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. Asia File Bhd's current Quick Ratio of 16.57 is 1092.1% 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 Asia File Bhd and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia File Bhd's current Quick Ratio is 16.57, which is 175% above median its own 10-year median of 6.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia File Bhd stock overvalued right now?
Based on GuruFocus' analysis, Asia File Bhd (XKLS:7129) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.51, compared to a current price of RM1.30 — trading 13.9% below its estimated fair value. The current Quick Ratio is 16.57, which is 175% above median its 10-year median of 6.03 and 1092.1% above the Industrial Products industry median of 1.39. Asia File Bhd's overall GF Score™ is 65/100 with 6 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 Asia File Bhd (XKLS:7129), the current Quick Ratio is 16.57 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 Asia File Bhd (XKLS:7129) Overvalued in 2026?

Based on GuruFocus' analysis, Asia File Bhd stock appears to be undervalued. The current stock price of RM1.30 is trading 13.9% below its estimated GF Value™ of RM1.51. GuruFocus considers Asia File Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7129:

  • Quick Ratio: 16.57 (175% above median its 10-year median of 6.03)
  • GF Value™: RM1.51 vs. price of RM1.30 (13.9% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 1092.1% above the Industrial Products median (#32 of 3072)

No single metric tells the full story. See the XKLS:7129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia File Bhd Business Description

Address Phase IV, Mukim 12, Plot 16, Kawasan Perindustrian Bayan Lepas, Bayan Lepas, PNG, MYS, 11900
Asia File Corp Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, it is engaged in the manufacturing and trading of stationery products, paper and plastic-based related products, and consumer and food ware products. Some of its products include plastic folders, sheet protectors, and flat files; filing/storage boxes; suspension files; clipboards and clipfolders; and others. The group's reportable segments include Filing products, which generate maximum revenue; and Industrial, consumer and food ware products. Geographically, the group generates maximum revenue from Europe, and the rest from Malaysia, Asia (excluding Malaysia), America, and other regions.
65GF Score

Get the complete analysis for XKLS:7129

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

RM1.30
Price
RM1.51
GF Value