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. Insas Bhd's quick ratio for the quarter that ended in Mar. 2025 was 5.93.
Insas Bhd has a quick ratio of 5.93. It generally indicates good short-term financial strength.
The historical rank and industry rank for Insas Bhd's Quick Ratio or its related term are showing as below:
XKLS:3379PA.PFD'
s Quick Ratio Range Over the Past 10 Years
Min: 2.56 Med: 3.65 Max: 6.38
Current: 5.93
During the past 13 years, Insas Bhd's highest Quick Ratio was 6.38. The lowest was 2.56. And the median was 3.65.
XKLS:3379PA.PFD's Quick Ratio is ranked better than 73.76% of 663
companies
in the Capital Markets industry
Industry Median: 2.18
vs XKLS:3379PA.PFD: 5.93
Insas Bhd Quick Ratio Historical Data
The historical data trend for Insas 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.
For the Capital Markets subindustry, Insas 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.
Insas Bhd's Quick Ratio Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Insas Bhd's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Insas 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.
Insas Bhd's Quick Ratio for the fiscal year that ended in Jun. 2024 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.
Insas Bhd (XKLS:3379PA.PFD) 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.
Insas Bhd Quick Ratio Related Terms
Thank you for viewing the detailed overview of Insas Bhd's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Insas Bhd is engaged in several business segments, which include stockbroking, provisioning of corporate finance and advisory services, structured finance, and the provision of Fund management services (Financial Services); investment holding and trading; Technology and IT-related services (Technology); manufacturing and distribution of consumer products and services, retail trading and car rental; and Property investment and development. Maximum revenue for the company is generated from its Investment holding and trading segment which is engaged in investment holding and trading of quoted securities and other related financial instruments, and provision of management services. Geographically, it derives key revenue from Malaysia and the rest from Singapore and other countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKLS:3379PA.PFD has been successfully added to your 