Able Global Bhd (XKLS:7167) Quick Ratio: 1.24 (As of Mar. 2026) — 18% Below Median

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XKLS:7167 Able Global Bhd XKLS:7167
91 GF Score
Price RM1.55
GF Value RM1.74
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Able Global Bhd Quick Ratio?

Able Global Bhd XKLS:7167 -0.64% 91 Quick Ratio is 1.24 as of Mar. 2026, which is 18% below its 10-year median of 1.52. GuruFocus rates XKLS:7167 with a GF Score™ of 91/100 and a GF Value™ of RM1.74 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,993 Consumer Packaged Goods companies, Able Global Bhd ranks better than 55.54% 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. Able Global Bhd's quick ratio for the quarter that ended in Mar. 2026 was 1.24.

Able Global Bhd has a quick ratio of 1.24. It generally indicates good short-term financial strength.

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

XKLS:7167' s Quick Ratio Range Over the Past 10 Years
Min: 1.16   Med: 1.52   Max: 2.31
Current: 1.24

During the past 13 years, Able Global Bhd's highest Quick Ratio was 2.31. The lowest was 1.16. And the median was 1.52.

XKLS:7167's Quick Ratio is ranked better than
55.54% of 1993 companies
in the Consumer Packaged Goods industry
Industry Median: 1.1 vs XKLS:7167: 1.24

Able Global Bhd  (XKLS:7167) 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.


Able Global Bhd Quick Ratio Related Terms


Able Global Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for Able Global 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.

Able Global Bhd Quick Ratio Chart

Able Global Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 2.12 1.23 1.35 1.39

Able Global 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 1.57 1.75 1.73 1.39 1.24

XKLS:7167 vs KHC, GIS: Quick Ratio Comparison

For the Packaged Foods subindustry, Able Global 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.


Able Global Bhd Quick Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Able Global Bhd's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Able Global Bhd's Quick Ratio falls into.


XKLS:7167
91GF Score
Able Global Bhd XKLS:7167
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Able Global 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.

Able Global 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
=(599.718-337.021)/189.589
=1.39

Able Global 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
=(607.627-361.715)/198.421
=1.24

* 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 1.24 mean?
Able Global Bhd (XKLS:7167) has a Quick Ratio of 1.24 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Able Global Bhd and its competitors. This is 18% below median its historical median of 1.52. Over the past decade, Able Global Bhd's Quick Ratio has ranged from 1.16 to 2.31. According to the industry distribution chart, Able Global Bhd ranks #886 out of 1993 companies in the Consumer Packaged Goods industry, placing it in the top 44.5%.
Is Able Global Bhd's Quick Ratio too high?
Able Global Bhd's current Quick Ratio of 1.24 is 18% below median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 2.31. The Consumer Packaged Goods industry median Quick Ratio is 1.10. Able Global Bhd's value of 1.24 is 12.7% above this industry median. Based on the distribution chart, Able Global Bhd ranks #886 out of 1993 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Able Global Bhd has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Able Global Bhd's Quick Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Able Global Bhd ranks #886 out of 1993 companies for Quick Ratio. This puts Able Global Bhd in the upper half of its industry. The industry median Quick Ratio is 1.10. Able Global Bhd's value of 1.24 is 12.7% above this benchmark. Historically, Able Global Bhd's own Quick Ratio has ranged from 1.16 to 2.31 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 1.10, Able Global 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.10, based on 1,993 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. Able Global Bhd's current Quick Ratio of 1.24 is 12.7% 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 Able Global Bhd and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Able Global Bhd's current Quick Ratio is 1.24, which is 18% below median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Able Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, Able Global Bhd (XKLS:7167) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.74, compared to a current price of RM1.55 — trading 10.9% below its estimated fair value. The current Quick Ratio is 1.24, which is 18% below median its 10-year median of 1.52 and 12.7% above the Consumer Packaged Goods industry median of 1.10. Able Global Bhd's overall GF Score™ is 91/100 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 Able Global Bhd (XKLS:7167), the current Quick Ratio is 1.24 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 Able Global Bhd (XKLS:7167) Overvalued in 2026?

Based on GuruFocus' analysis, Able Global Bhd stock appears to be undervalued. The current stock price of RM1.55 is trading 10.9% below its estimated GF Value™ of RM1.74. GuruFocus considers Able Global Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:7167:

  • Quick Ratio: 1.24 (18% below median its 10-year median of 1.52)
  • GF Value™: RM1.74 vs. price of RM1.55 (10.9% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 12.7% above the Consumer Packaged Goods median (#886 of 1993)

No single metric tells the full story. See the XKLS:7167 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Able Global Bhd Business Description

Address PTD 124298, Jalan Kempas Lama, Kampung Seelong Jaya, Skudai, JHR, MYS, 81300
Able Global Bhd is mainly engaged in investment holding and management services. The company operates in four main segments: Investment Holding, Tin Manufacturing, Property Development, and Food and Beverage. The Investment Holding segment provides investment holding and management services. The Tin Manufacturing segment is involved in the production of various tins, cans, and other containers. The Food and Beverage segment is responsible for manufacturing and selling milk and other dairy-related products. The Property Development segment is involved in property development activities. It derives the majority of its revenue from the Food and Beverage segment and has a presence in various countries, including Malaysia, Africa, Central America, Europe, and Other Countries.
91GF Score

Get the complete analysis for XKLS:7167

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

RM1.55
Price
RM1.74
GF Value