Leap India (NSE:LEAPIND) Cash Ratio: 0.24 (As of Mar. 2026) — 11% Below Median

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NSE:LEAPIND Leap India Ltd NSE:LEAPIND
17 GF Score
Price ₹168.40
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What is Leap India Cash Ratio?

Leap India NSE:LEAPIND +4.10% 17 Cash Ratio is 0.24 as of Mar. 2026, which is 11% below its 10-year median of 0.27. GuruFocus rates NSE:LEAPIND with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 998 Transportation companies, Leap India ranks worse than 71.84% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Leap India's Cash Ratio for the quarter that ended in Mar. 2026 was 0.24.

Leap India has a Cash Ratio of 0.24. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Leap India's Cash Ratio or its related term are showing as below:

NSE:LEAPIND' s Cash Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.27   Max: 0.36
Current: 0.24

During the past 4 years, Leap India's highest Cash Ratio was 0.36. The lowest was 0.06. And the median was 0.27.

NSE:LEAPIND's Cash Ratio is ranked worse than
71.84% of 998 companies
in the Transportation industry
Industry Median: 0.5 vs NSE:LEAPIND: 0.24

Leap India  (NSE:LEAPIND) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Leap India Cash Ratio Related Terms


Leap India Cash Ratio Historical Data

* Premium members only.

The historical data trend for Leap India's Cash 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.

Leap India Cash Ratio Chart

Leap India Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Cash Ratio
0.06 0.29 0.36 0.24

Leap India Quarterly Data
Mar23 Mar24 Mar25 Mar26
Cash Ratio 0.06 0.29 0.36 0.24

NSE:LEAPIND vs UPS, FDX, EXPD: Cash Ratio Comparison

For the Integrated Freight & Logistics subindustry, Leap India's Cash Ratio, along with its competitors' market caps and Cash 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.


Leap India Cash Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Leap India's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Leap India's Cash Ratio falls into.


NSE:LEAPIND
17GF Score
Leap India Ltd NSE:LEAPIND
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Leap India Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Leap India's Cash Ratio for the fiscal year that ended in Mar. 2026 is calculated as:

Cash Ratio (A: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=1130.53/4624.58
=0.24

Leap India's Cash Ratio for the quarter that ended in Mar. 2026 is calculated as:

Cash Ratio (Q: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=1130.53/4624.58
=0.24

* 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 Cash Ratio →
What does a Cash Ratio of 0.24 mean?
Leap India (NSE:LEAPIND) has a Cash Ratio of 0.24 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Leap India and its competitors. This is 11% below median its historical median of 0.27. Over the past decade, Leap India's Cash Ratio has ranged from 0.06 to 0.36. According to the industry distribution chart, Leap India ranks #717 out of 998 companies in the Transportation industry, placing it in the top 71.8%.
Is Leap India's Cash Ratio too high?
Leap India's current Cash Ratio of 0.24 is 11% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.36. The Transportation industry median Cash Ratio is 0.50. Leap India's value of 0.24 is 52% below this industry median. Based on the distribution chart, Leap India ranks #717 out of 998 companies in the Transportation industry, which is below the industry midpoint. Overall, Leap India has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Leap India's Cash Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Leap India ranks #717 out of 998 companies for Cash Ratio. This places Leap India in the lower half of its industry. The industry median Cash Ratio is 0.50. Leap India's value of 0.24 is 52% below this benchmark. Historically, Leap India's own Cash Ratio has ranged from 0.06 to 0.36 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.50, Leap India has consistently been below 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 Cash Ratio for a Transportation company?
The median Cash Ratio among Transportation companies is 0.50, based on 998 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Leap India's current Cash Ratio of 0.24 is 52% below 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 Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Leap India and its competitors. For the Transportation industry, the median Cash Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leap India's current Cash Ratio is 0.24, which is 11% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leap India stock overvalued right now?
Leap India (NSE:LEAPIND) has a current Cash Ratio of 0.24. The current Cash Ratio is 0.24, which is 11% below median its 10-year median of 0.27 and 52% below the Transportation industry median of 0.50. Leap India's overall GF Score™ is 17/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Leap India (NSE:LEAPIND), the current Cash Ratio is 0.24 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.

Leap India Business Description

Other Exchanges 544865:India
Address Off Western Express Highway, 14th Floor, Commerz, International Business Park, Oberoi Garden City, Goregaon East, Mumbai, MH, IND, 400 063
Leap India Ltd provides technology-enabled supply chain solutions for the automotive and fast-moving consumer goods (FMCG) industries. Its services include asset pooling, warehousing, storage, transportation, and packaging solutions, using products such as pallets and containers. The company's solutions support the movement of goods across the supply chain, from manufacturing and distribution to retail. The company falls within a single operating segment of pooling (for hire), trading of pallets and crates and services. The amjority of revenue is derived from the pallet pooling business.
17GF Score

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