Leader Steel Holdings Bhd (XKLS:9881) Quick Ratio: 1.10 (As of Mar. 2026) — 59% Above Median

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XKLS:9881 Leader Steel Holdings Bhd XKLS:9881
45 GF Score
Price RM0.37
GF Value RM0.34
Valuation Fairly Valued
! 6 Warning Signs
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What is Leader Steel Holdings Bhd Quick Ratio?

Leader Steel Holdings Bhd XKLS:9881 45 Quick Ratio is 1.10 as of Mar. 2026, which is 59% above its 10-year median of 0.69. GuruFocus rates XKLS:9881 with a GF Score™ of 45/100 and a GF Value™ of RM0.34 (Fairly Valued). The stock has 6 warning signs investors should review. Among 634 Steel companies, Leader Steel Holdings Bhd ranks better than 54.57% 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. Leader Steel Holdings Bhd's quick ratio for the quarter that ended in Mar. 2026 was 1.10.

Leader Steel Holdings Bhd has a quick ratio of 1.10. It generally indicates good short-term financial strength.

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

XKLS:9881' s Quick Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.69   Max: 1.37
Current: 1.1

During the past 13 years, Leader Steel Holdings Bhd's highest Quick Ratio was 1.37. The lowest was 0.29. And the median was 0.69.

XKLS:9881's Quick Ratio is ranked better than
54.57% of 634 companies
in the Steel industry
Industry Median: 1.02 vs XKLS:9881: 1.10

Leader Steel Holdings Bhd  (XKLS:9881) 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.


Leader Steel Holdings Bhd Quick Ratio Related Terms


Leader Steel Holdings Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for Leader Steel Holdings 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.

Leader Steel Holdings Bhd Quick Ratio Chart

Leader Steel Holdings 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 0.67 1.14 0.56 1.15 1.29

Leader Steel Holdings 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 1.35 1.16 1.22 1.29 1.10

XKLS:9881 vs NUE, STLD, RS: Quick Ratio Comparison

For the Steel subindustry, Leader Steel Holdings 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.


Leader Steel Holdings Bhd Quick Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Leader Steel Holdings Bhd's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Leader Steel Holdings Bhd's Quick Ratio falls into.


XKLS:9881
45GF Score
Leader Steel Holdings Bhd XKLS:9881
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leader Steel Holdings 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.

Leader Steel Holdings 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
=(95.521-28.419)/52.055
=1.29

Leader Steel Holdings 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
=(156.658-29.139)/115.589
=1.10

* 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 1.10 mean?
Leader Steel Holdings Bhd (XKLS:9881) has a Quick Ratio of 1.10 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Leader Steel Holdings Bhd and its competitors. This is 59% above median its historical median of 0.69. Over the past decade, Leader Steel Holdings Bhd's Quick Ratio has ranged from 0.29 to 1.37. According to the industry distribution chart, Leader Steel Holdings Bhd ranks #288 out of 634 companies in the Steel industry, placing it in the top 45.4%.
Is Leader Steel Holdings Bhd's Quick Ratio too high?
Leader Steel Holdings Bhd's current Quick Ratio of 1.10 is 59% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.37. The Steel industry median Quick Ratio is 1.02. Leader Steel Holdings Bhd's value of 1.10 is 7.8% above this industry median. Based on the distribution chart, Leader Steel Holdings Bhd ranks #288 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, Leader Steel Holdings Bhd has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Leader Steel Holdings Bhd's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Leader Steel Holdings Bhd ranks #288 out of 634 companies for Quick Ratio. This puts Leader Steel Holdings Bhd in the upper half of its industry. The industry median Quick Ratio is 1.02. Leader Steel Holdings Bhd's value of 1.10 is 7.8% above this benchmark. Historically, Leader Steel Holdings Bhd's own Quick Ratio has ranged from 0.29 to 1.37 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 1.02, Leader Steel Holdings 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 Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 634 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. Leader Steel Holdings Bhd's current Quick Ratio of 1.10 is 7.8% 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 Leader Steel Holdings Bhd and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leader Steel Holdings Bhd's current Quick Ratio is 1.10, which is 59% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leader Steel Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Leader Steel Holdings Bhd (XKLS:9881) is currently considered Fairly Valued. The stock's GF Value™ is RM0.34, compared to a current price of RM0.37 — trading 8.8% above its estimated fair value. The current Quick Ratio is 1.10, which is 59% above median its 10-year median of 0.69 and 7.8% above the Steel industry median of 1.02. Leader Steel Holdings Bhd's overall GF Score™ is 45/100 with 6 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 Leader Steel Holdings Bhd (XKLS:9881), the current Quick Ratio is 1.10 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 Leader Steel Holdings Bhd (XKLS:9881) Overvalued in 2026?

Based on GuruFocus' analysis, Leader Steel Holdings Bhd stock appears to be overvalued. The current stock price of RM0.37 is trading 8.8% above its estimated GF Value™ of RM0.34. GuruFocus considers Leader Steel Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:9881:

  • Quick Ratio: 1.10 (59% above median its 10-year median of 0.69)
  • GF Value™: RM0.34 vs. price of RM0.37 (8.8% above fair value)
  • GF Score™: 45/100 with 6 warning signs
  • Industry Position: 7.8% above the Steel median (#288 of 634)

No single metric tells the full story. See the XKLS:9881 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leader Steel Holdings Bhd Business Description

Address Wisma Leader Steel, Plot 85, Lorong Perusahaan Utama, Kawasan Perusahaan Bukit Tengah, Bukit Tengah, Seberang Prai Tengah, PNG, MYS, 14000
Leader Steel Holdings Bhd is an investment holding company. It is engaged in the business segment of Manufacturing, processing, and trading of steel and metal products and minerals. The group's steel and metal products include steel pipes and tubes, hollow sections, and steel flat bar, whereas the minerals include iron ore, manganese, mill scales, and slags. The company has two segments: the Steel segment and the Mineral segment. The company generates the majority of its revenue from the steel segment, which is engaged in the manufacturing and distribution of steel products. Geographically, the company operates in Malaysia, China, Hong Kong, Macau, the United Kingdom, and other countries, of which key revenue is generated from Malaysia.
45GF Score

Get the complete analysis for XKLS:9881

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

RM0.37
Price
RM0.34
GF Value