As of June 15, 2025, FACB Industries Incorporated Bhd (FACBIND.KL) reports a Current Ratio of 19.47.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of FACB Industries Incorporated Bhd's Current Ratio
Over recent years, FACB Industries Incorporated Bhd's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-06-30 | 19.47 |
| 2023-06-30 | 16.72 |
| 2022-06-30 | 14.55 |
| 2021-06-30 | 22.30 |
| 2020-06-30 | 29.84 |
This slight upward trend highlights how FACB Industries Incorporated Bhd manages its short-term assets and liabilities over time.
Comparing FACB Industries Incorporated Bhd's Current Ratio to Peers
To better understand FACB Industries Incorporated Bhd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| FACB Industries Incorporated Bhd (FACBIND.KL) | 19.47 |
| Fancy Wood Industries PCL (FANCY.BK) | 33.99 |
| Homeritz Corporation Bhd (HOMERIZ.KL) | 10.05 |
| M & A Equity Holdings Bhd (SYF.KL) | 10.04 |
| Poh Huat Resources Holdings Bhd (POHUAT.KL) | 6.30 |
| DPS Resources Bhd (DPS.KL) | 5.68 |
Compared to its competitors, FACB Industries Incorporated Bhd's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.