CN Asia BhdXKLS:7986 Quick Ratio is 1.81 as of Sep. 2025, which is 62% below its 10-year median of 4.79. The stock has 7 warning signs investors should review. Among 3,071 Industrial Products companies, CN Asia Bhd ranks better than 65.42% 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. CN Asia Bhd's quick ratio for the quarter that ended in Sep. 2025 was 1.81.
CN Asia Bhd has a quick ratio of 1.81. It generally indicates good short-term financial strength.
The historical rank and industry rank for CN Asia Bhd's Quick Ratio or its related term are showing as below:
XKLS:7986'
s Quick Ratio Range Over the Past 10 Years
Min: 0.2 Med: 4.79 Max: 12.15
Current: 1.81
During the past 13 years, CN Asia Bhd's highest Quick Ratio was 12.15. The lowest was 0.20. And the median was 4.79.
XKLS:7986's Quick Ratio is ranked better than 65.42% of 3071
companies
in the Industrial Products industry
Industry Median: 1.39
vs XKLS:7986: 1.81
CN Asia Bhd (XKLS:7986) 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.
CN Asia Bhd Quick Ratio Related Terms
CN Asia Bhd Quick Ratio Historical Data
* Premium members only.
The historical data trend for CN Asia 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.
For the Specialty Industrial Machinery subindustry, CN Asia 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.
CN Asia Bhd Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, CN Asia Bhd's Quick Ratio distribution charts can be found below:
* The bar in red indicates where CN Asia Bhd's Quick Ratio falls into.
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.
CN Asia Bhd's Quick Ratio for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
CN Asia Bhd (XKLS:7986) has a Quick Ratio of 1.81 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on CN Asia Bhd and its competitors. This is 62% below median its historical median of 4.79. Over the past decade, CN Asia Bhd's Quick Ratio has ranged from 0.20 to 12.15. According to the industry distribution chart, CN Asia Bhd ranks #1062 out of 3071 companies in the Industrial Products industry, placing it in the top 34.6%.
Is CN Asia Bhd's Quick Ratio too high?
CN Asia Bhd's current Quick Ratio of 1.81 is 62% below median its 10-year median of 4.79. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 12.15. The Industrial Products industry median Quick Ratio is 1.39. CN Asia Bhd's value of 1.81 is 30.2% above this industry median. Based on the distribution chart, CN Asia Bhd ranks #1062 out of 3071 companies in the Industrial Products industry, which is above the industry midpoint.
How does CN Asia Bhd's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, CN Asia Bhd ranks #1062 out of 3071 companies for Quick Ratio. This puts CN Asia Bhd in the upper half of its industry. The industry median Quick Ratio is 1.39. CN Asia Bhd's value of 1.81 is 30.2% above this benchmark. Historically, CN Asia Bhd's own Quick Ratio has ranged from 0.20 to 12.15 over the past decade. While the company's 10-year median is 4.79 vs. the industry median of 1.39, CN Asia 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 3,071 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. CN Asia Bhd's current Quick Ratio of 1.81 is 30.2% 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 CN Asia 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. CN Asia Bhd's current Quick Ratio is 1.81, which is 62% below median its own 10-year median of 4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CN Asia Bhd stock overvalued right now?
Based on GuruFocus' analysis, CN Asia Bhd (XKLS:7986) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.23, compared to a current price of RM0.07 — trading 71.7% below its estimated fair value. The current Quick Ratio is 1.81, which is 62% below median its 10-year median of 4.79 and 30.2% above the Industrial Products industry median of 1.39. 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 CN Asia Bhd (XKLS:7986), the current Quick Ratio is 1.81 as of Sep. 2025. 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.
CN Asia Corp Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the manufacturing and trading of underground and skid tanks, dish ends, pressure vessels, road tankers, pipings for the petroleum industry, specialised engineering and fabrication works, and operating as sub-contractors for civil engineering works. The group's operating business segments are: Manufacturing, Investment, Financial Services, and Energy Management. The majority of its revenue is generated from the Manufacturing segment, which manufactures tanks and other related products, and is involved in engineering and fabrication works. Geographically, the group generates maximum revenue from Malaysia, followed by Hong Kong, Singapore, Brunei, and the Philippines.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:7986 has been successfully added to your 