Omesti Bhd (XKLS:9008) Quick Ratio: 1.47 (As of Apr. 2026) — 67% Above Median


What is Omesti Bhd Quick Ratio?

Omesti Bhd XKLS:9008 Quick Ratio is 1.47 as of Apr. 2026, which is 67% above its 10-year median of 0.88. The stock has 5 warning signs investors should review. Among 1,090 Business Services companies, Omesti Bhd ranks worse than 56.79% 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. Omesti Bhd's quick ratio for the quarter that ended in Apr. 2026 was 1.47.

Omesti Bhd has a quick ratio of 1.47. It generally indicates good short-term financial strength.

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

XKLS:9008' s Quick Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.88   Max: 1.51
Current: 1.47

During the past 13 years, Omesti Bhd's highest Quick Ratio was 1.51. The lowest was 0.35. And the median was 0.88.

XKLS:9008's Quick Ratio is ranked worse than
56.79% of 1090 companies
in the Business Services industry
Industry Median: 1.67 vs XKLS:9008: 1.47

Omesti Bhd  (XKLS:9008) 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.


Omesti Bhd Quick Ratio Related Terms


Omesti Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for Omesti 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.

Omesti Bhd Quick Ratio Chart

Omesti Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 1.07 0.86 0.51 0.51

Omesti Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Jan26 Apr26
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 0.35 0.00 0.00 1.51 1.47

XKLS:9008 vs CTAS, CPRT, ULS: Quick Ratio Comparison

For the Specialty Business Services subindustry, Omesti 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.


Omesti Bhd Quick Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Omesti Bhd's Quick Ratio distribution charts can be found below:

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



Omesti 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.

Omesti Bhd's Quick Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Quick Ratio (A: Mar. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(87.903-8.287)/155.104
=0.51

Omesti Bhd's Quick Ratio for the quarter that ended in Apr. 2026 is calculated as

Quick Ratio (Q: Apr. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(107.219-20.736)/58.692
=1.47

* 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 1.47 mean?
Omesti Bhd (XKLS:9008) has a Quick Ratio of 1.47 as of Apr. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Omesti Bhd and its competitors. This is 67% above median its historical median of 0.88. Over the past decade, Omesti Bhd's Quick Ratio has ranged from 0.35 to 1.51. According to the industry distribution chart, Omesti Bhd ranks #619 out of 1090 companies in the Business Services industry, placing it in the top 56.8%.
Is Omesti Bhd's Quick Ratio too high?
Omesti Bhd's current Quick Ratio of 1.47 is 67% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.51. The Business Services industry median Quick Ratio is 1.67. Omesti Bhd's value of 1.47 is 12% below this industry median. Based on the distribution chart, Omesti Bhd ranks #619 out of 1090 companies in the Business Services industry, which is below the industry midpoint.
How does Omesti Bhd's Quick Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Omesti Bhd ranks #619 out of 1090 companies for Quick Ratio. This places Omesti Bhd in the lower half of its industry. The industry median Quick Ratio is 1.67. Omesti Bhd's value of 1.47 is 12% below this benchmark. Historically, Omesti Bhd's own Quick Ratio has ranged from 0.35 to 1.51 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 1.67, Omesti 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 Business Services company?
The median Quick Ratio among Business Services companies is 1.67, based on 1,090 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. Omesti Bhd's current Quick Ratio of 1.47 is 12% 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 Omesti Bhd and its competitors. For the Business Services industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Omesti Bhd's current Quick Ratio is 1.47, which is 67% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Omesti Bhd stock overvalued right now?
Based on GuruFocus' analysis, Omesti Bhd (XKLS:9008) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.06, compared to a current price of RM0.07 — trading 16.7% above its estimated fair value. The current Quick Ratio is 1.47, which is 67% above median its 10-year median of 0.88 and 12% below the Business Services industry median of 1.67. 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 Omesti Bhd (XKLS:9008), the current Quick Ratio is 1.47 as of Apr. 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.

Omesti Bhd Business Description

Address No. 1 Persiaran Jalil 1, Bandar Bukit Jalil, 2-07-01 - Level 7, Plaza Bukit Jalil, Ho Hup Tower - Aurora Place, Kuala Lumpur, SGR, MYS, 57000
Omesti Bhd is focused on the delivery of technology solutions, systems integration services and the provision of recurring maintenance and managed services, predominantly for government and public sector customers. Its segments include Business Performance Services engages in provision of business performance improvement related services; Digital and Infrastructure Services engaged in the provision of a comprehensive range of tele/data communication, networking solutions and related services; and Healthcare Services engaged in the distribution of pharmaceutical products, vaccines and medical devices and provision of various medical services. The majority of the revenue is derived from Business Performance Services segment.