Industronics BhdXKLS:9393 -16.67% Quick Ratio is 1.67 as of Mar. 2026, which is 72% above its 10-year median of 0.97. The stock has 5 warning signs investors should review. Among 2,499 Hardware companies, Industronics Bhd ranks better than 57.5% on this metric.
Industronics Bhd has a quick ratio of 1.67. It generally indicates good short-term financial strength.
The historical rank and industry rank for Industronics Bhd's Quick Ratio or its related term are showing as below:
XKLS:9393'
s Quick Ratio Range Over the Past 10 Years
Min: 0.76 Med: 0.97 Max: 1.83
Current: 1.67
During the past 13 years, Industronics Bhd's highest Quick Ratio was 1.83. The lowest was 0.76. And the median was 0.97.
XKLS:9393's Quick Ratio is ranked better than 57.5% of 2499
companies
in the Hardware industry
Industry Median: 1.46
vs XKLS:9393: 1.67
Industronics Bhd (XKLS:9393) 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.
Industronics Bhd Quick Ratio Related Terms
Industronics Bhd Quick Ratio Historical Data
* Premium members only.
The historical data trend for Industronics 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.
XKLS:9393 vs APH, GLW, TEL: Quick Ratio Comparison
For the Electronic Components subindustry, Industronics 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.
Industronics Bhd Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Industronics Bhd's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Industronics 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.
Industronics Bhd's Quick Ratio for the fiscal year that ended in Jun. 2025 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.
Industronics Bhd (XKLS:9393) has a Quick Ratio of 1.67 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Industronics Bhd and its competitors. This is 72% above median its historical median of 0.97. Over the past decade, Industronics Bhd's Quick Ratio has ranged from 0.76 to 1.83. According to the industry distribution chart, Industronics Bhd ranks #1062 out of 2499 companies in the Hardware industry, placing it in the top 42.5%.
Is Industronics Bhd's Quick Ratio too high?
Industronics Bhd's current Quick Ratio of 1.67 is 72% above median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.83. The Hardware industry median Quick Ratio is 1.46. Industronics Bhd's value of 1.67 is 14.4% above this industry median. Based on the distribution chart, Industronics Bhd ranks #1062 out of 2499 companies in the Hardware industry, which is above the industry midpoint.
How does Industronics Bhd's Quick Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Industronics Bhd ranks #1062 out of 2499 companies for Quick Ratio. This puts Industronics Bhd in the upper half of its industry. The industry median Quick Ratio is 1.46. Industronics Bhd's value of 1.67 is 14.4% above this benchmark. Historically, Industronics Bhd's own Quick Ratio has ranged from 0.76 to 1.83 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 1.46, Industronics 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,499 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. Industronics Bhd's current Quick Ratio of 1.67 is 14.4% 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 Industronics Bhd and its competitors. For the Hardware industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industronics Bhd's current Quick Ratio is 1.67, which is 72% above median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industronics Bhd stock overvalued right now?
Based on GuruFocus' analysis, Industronics Bhd (XKLS:9393) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.03, compared to a current price of RM0.03 — trading 16.7% below its estimated fair value. The current Quick Ratio is 1.67, which is 72% above median its 10-year median of 0.97 and 14.4% above the Hardware industry median of 1.46. 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 Industronics Bhd (XKLS:9393), the current Quick Ratio is 1.67 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.
AddressNo.18, Jalan Persiaran Barat, Unit No. EL-11-01, Amcorp Business Suite, Menara Melawangi, Pusat Perdagangan Amcorp, Petaling Jaya, SGR, MYS, 46050
Industronics Bhd is engaged in design and manufacturing of electronic products. The operating segment of the company are Electronics and system integration; Security systems, mechanical and electrical engineering; and Trading and services operations and Food and beverage. Its revenue generating segment Trading & services involves in trading of precision instruments (watches), provision of cloud service and general trading, maintenance, and supply of industrial electronic equipment. Intelligent transportation system and system integration projects involving Information Communication Technology, supply and service of telecommunication equipment, audio visual multimedia systems. Geographically, the company mainly operates in Malaysia and Hong Kong.
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