Texchem Resources Bhd (XKLS:8702) Quick Ratio: 0.77 (As of Mar. 2026) — Near Median


XKLS:8702 Texchem Resources Bhd XKLS:8702
50 GF Score
Price RM0.77
GF Value RM0.90
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Texchem Resources Bhd Quick Ratio?

Texchem Resources Bhd XKLS:8702 -1.92% 50 Quick Ratio is 0.77 as of Mar. 2026, which is 5% below its 10-year median of 0.81. GuruFocus rates XKLS:8702 with a GF Score™ of 50/100 and a GF Value™ of RM0.90 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 561 Conglomerates companies, Texchem Resources Bhd ranks worse than 76.65% 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. Texchem Resources Bhd's quick ratio for the quarter that ended in Mar. 2026 was 0.77.

Texchem Resources Bhd has a quick ratio of 0.77. It indicates that the company cannot currently fully pay back its current liabilities.

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

XKLS:8702' s Quick Ratio Range Over the Past 10 Years
Min: 0.72   Med: 0.81   Max: 1.07
Current: 0.77

During the past 13 years, Texchem Resources Bhd's highest Quick Ratio was 1.07. The lowest was 0.72. And the median was 0.81.

XKLS:8702's Quick Ratio is ranked worse than
76.65% of 561 companies
in the Conglomerates industry
Industry Median: 1.19 vs XKLS:8702: 0.77

Texchem Resources Bhd  (XKLS:8702) 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.


Texchem Resources Bhd Quick Ratio Related Terms


Texchem Resources Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for Texchem Resources 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.

Texchem Resources Bhd Quick Ratio Chart

Texchem Resources 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 0.87 0.78 0.78 0.73 0.76

Texchem Resources 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 0.73 0.76 0.79 0.76 0.77

XKLS:8702 vs HON, MMM: Quick Ratio Comparison

For the Conglomerates subindustry, Texchem Resources 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.


Texchem Resources Bhd Quick Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Texchem Resources Bhd's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Texchem Resources Bhd's Quick Ratio falls into.


XKLS:8702
50GF Score
Texchem Resources Bhd XKLS:8702
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Texchem Resources 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.

Texchem Resources 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
=(348.85-97.254)/328.886
=0.76

Texchem Resources 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
=(374.411-101.572)/353.779
=0.77

* 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 0.77 mean?
Texchem Resources Bhd (XKLS:8702) has a Quick Ratio of 0.77 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Texchem Resources Bhd and its competitors. This is near median its historical median of 0.81. Over the past decade, Texchem Resources Bhd's Quick Ratio has ranged from 0.72 to 1.07. According to the industry distribution chart, Texchem Resources Bhd ranks #430 out of 561 companies in the Conglomerates industry, placing it in the top 76.6%.
Is Texchem Resources Bhd's Quick Ratio too high?
Texchem Resources Bhd's current Quick Ratio of 0.77 is near median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 1.07. The Conglomerates industry median Quick Ratio is 1.19. Texchem Resources Bhd's value of 0.77 is 35.3% below this industry median. Based on the distribution chart, Texchem Resources Bhd ranks #430 out of 561 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Texchem Resources Bhd has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Texchem Resources Bhd's Quick Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Texchem Resources Bhd ranks #430 out of 561 companies for Quick Ratio. This places Texchem Resources Bhd in the lower half of its industry. The industry median Quick Ratio is 1.19. Texchem Resources Bhd's value of 0.77 is 35.3% below this benchmark. Historically, Texchem Resources Bhd's own Quick Ratio has ranged from 0.72 to 1.07 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.19, Texchem Resources Bhd has consistently been below 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 Conglomerates company?
The median Quick Ratio among Conglomerates companies is 1.19, based on 561 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. Texchem Resources Bhd's current Quick Ratio of 0.77 is 35.3% below 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 Texchem Resources Bhd and its competitors. For the Conglomerates industry, the median Quick Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texchem Resources Bhd's current Quick Ratio is 0.77, which is near median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texchem Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Texchem Resources Bhd (XKLS:8702) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.90, compared to a current price of RM0.77 — trading 15% below its estimated fair value. The current Quick Ratio is 0.77, which is near median its 10-year median of 0.81 and 35.3% below the Conglomerates industry median of 1.19. Texchem Resources Bhd's overall GF Score™ is 50/100 with 5 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 Texchem Resources Bhd (XKLS:8702), the current Quick Ratio is 0.77 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 Texchem Resources Bhd (XKLS:8702) Overvalued in 2026?

Based on GuruFocus' analysis, Texchem Resources Bhd stock appears to be undervalued. The current stock price of RM0.77 is trading 15% below its estimated GF Value™ of RM0.90. GuruFocus considers Texchem Resources Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:8702:

  • Quick Ratio: 0.77 (near median its 10-year median of 0.81)
  • GF Value™: RM0.90 vs. price of RM0.77 (15% below fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 35.3% below the Conglomerates median (#430 of 561)

No single metric tells the full story. See the XKLS:8702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Texchem Resources Bhd Business Description

Address 39 Jalan Sultan Ahmad Shah, Level 18, Menara Boustead Penang, George Town, PNG, MYS, 10050
Texchem Resources Bhd is an investment holding company. The company has five reportable segments: Industrial, Polymer Engineering, Food, Venture Business and Restaurant. The products under industrial segments are plastic resins, rubber/latex chemicals, PVC resins and additives, adhesive chemicals, food ingredients, dyestuff and textile auxiliaries. The polymer division designs new polymer solutions and designs for industries such as data storage industry, semiconductor, consumer electronics and electrical, telecommunications and life science industry. The restaurant division operates restaurant brands such as sushi king, Miraku, and Hoshino Coffee. The majority of revenue is derived from the Industrial segment. Geographically, the maximum revenue is generated from Malaysia.
50GF Score

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

RM0.77
Price
RM0.90
GF Value