ETA Group Bhd (XKLS:9946) Quick Ratio: 2.09 (As of Mar. 2026) — 94% Above Median


XKLS:9946 ETA Group Bhd XKLS:9946
42 GF Score
Price RM0.12
GF Value RM0.14
Valuation Modestly Undervalued
! 3 Warning Signs
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What is ETA Group Bhd Quick Ratio?

ETA Group Bhd XKLS:9946 42 Quick Ratio is 2.09 as of Mar. 2026, which is 94% above its 10-year median of 1.08. GuruFocus rates XKLS:9946 with a GF Score™ of 42/100 and a GF Value™ of RM0.14 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,986 Consumer Packaged Goods companies, ETA Group Bhd ranks better than 74.97% 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. ETA Group Bhd's quick ratio for the quarter that ended in Mar. 2026 was 2.09.

ETA Group Bhd has a quick ratio of 2.09. It generally indicates good short-term financial strength.

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

XKLS:9946' s Quick Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.08   Max: 2.09
Current: 2.09

During the past 13 years, ETA Group Bhd's highest Quick Ratio was 2.09. The lowest was 0.61. And the median was 1.08.

XKLS:9946's Quick Ratio is ranked better than
74.97% of 1986 companies
in the Consumer Packaged Goods industry
Industry Median: 1.12 vs XKLS:9946: 2.09

ETA Group Bhd  (XKLS:9946) 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.


ETA Group Bhd Quick Ratio Related Terms


ETA Group Bhd Quick Ratio Historical Data

* Premium members only.

The historical data trend for ETA Group 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.

ETA Group Bhd Quick Ratio Chart

ETA Group Bhd Annual Data
Trend Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.83 0.77 1.08 1.56

ETA Group 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 1.53 1.56 1.56 1.81 2.09

XKLS:9946 vs KHC, GIS: Quick Ratio Comparison

For the Packaged Foods subindustry, ETA Group 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.


ETA Group Bhd Quick Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, ETA Group Bhd's Quick Ratio distribution charts can be found below:

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


XKLS:9946
42GF Score
ETA Group Bhd XKLS:9946
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ETA Group 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.

ETA Group Bhd's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Quick Ratio (A: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(108.614-39.185)/44.493
=1.56

ETA Group 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
=(121.78-24.446)/46.549
=2.09

* 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 2.09 mean?
ETA Group Bhd (XKLS:9946) has a Quick Ratio of 2.09 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on ETA Group Bhd and its competitors. This is 94% above median its historical median of 1.08. Over the past decade, ETA Group Bhd's Quick Ratio has ranged from 0.61 to 2.09. According to the industry distribution chart, ETA Group Bhd ranks #497 out of 1986 companies in the Consumer Packaged Goods industry, placing it in the top 25%.
Is ETA Group Bhd's Quick Ratio too high?
ETA Group Bhd's current Quick Ratio of 2.09 is 94% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 2.09. The Consumer Packaged Goods industry median Quick Ratio is 1.12. ETA Group Bhd's value of 2.09 is 86.6% above this industry median. Based on the distribution chart, ETA Group Bhd ranks #497 out of 1986 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, ETA Group Bhd has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ETA Group Bhd's Quick Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, ETA Group Bhd ranks #497 out of 1986 companies for Quick Ratio. This places ETA Group Bhd in the top 25% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.12. ETA Group Bhd's value of 2.09 is 86.6% above this benchmark. Historically, ETA Group Bhd's own Quick Ratio has ranged from 0.61 to 2.09 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.12, ETA Group 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.12, based on 1,986 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. ETA Group Bhd's current Quick Ratio of 2.09 is 86.6% 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 ETA Group Bhd and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ETA Group Bhd's current Quick Ratio is 2.09, which is 94% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETA Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, ETA Group Bhd (XKLS:9946) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.14, compared to a current price of RM0.12 — trading 14.3% below its estimated fair value. The current Quick Ratio is 2.09, which is 94% above median its 10-year median of 1.08 and 86.6% above the Consumer Packaged Goods industry median of 1.12. ETA Group Bhd's overall GF Score™ is 42/100 with 3 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 ETA Group Bhd (XKLS:9946), the current Quick Ratio is 2.09 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 ETA Group Bhd (XKLS:9946) Overvalued in 2026?

Based on GuruFocus' analysis, ETA Group Bhd stock appears to be undervalued. The current stock price of RM0.12 is trading 14.3% below its estimated GF Value™ of RM0.14. GuruFocus considers ETA Group Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:9946:

  • Quick Ratio: 2.09 (94% above median its 10-year median of 1.08)
  • GF Value™: RM0.14 vs. price of RM0.12 (14.3% below fair value)
  • GF Score™: 42/100 with 3 warning signs
  • Industry Position: 86.6% above the Consumer Packaged Goods median (#497 of 1986)

No single metric tells the full story. See the XKLS:9946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ETA Group Bhd Business Description

Address No. 46C, Plaza Damansara, Jalan Medan Setia 2, Bukit Damansara, Wilayah Persekutuan, Kuala Lumpur, MYS, 50490
ETA Group Bhd is engaged in property development, property management and property investment, as well as construction and construction-related activities, including the trading and supply of construction materials. Its activities include Sourcing of land, Architectural and engineering services, Submission and approvals, Construction, Project management, and Delivery of vacant possession. It operates in two segment the manufacture and distribution of canned food, beverages and premix products and the trading and distribution of construction materials. It derives revenue from Trading and distribution of construction materials segment. Geographically, it operates in Malaysia, Europe, USA, and Asia (excluding Malaysia) with majority of revenue deriving from USA.
42GF Score

Get the complete analysis for XKLS:9946

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

RM0.12
Price
RM0.14
GF Value