Ghitha Holding PJSC (ADX:GHITHA) Current Ratio: 1.32 (As of Mar. 2025)


ADX:GHITHA Ghitha Holding PJSC ADX:GHITHA
64 GF Score
Price د.إ12.66
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What is Ghitha Holding PJSC Current Ratio?

Ghitha Holding PJSC ADX:GHITHA +2.93% 64 Current Ratio is 1.32 as of Mar. 2025. GuruFocus rates ADX:GHITHA with a GF Score™ of 64/100.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Ghitha Holding PJSC's current ratio for the quarter that ended in Mar. 2025 was 1.32.

Ghitha Holding PJSC has a current ratio of 1.32. It generally indicates good short-term financial strength.

The historical rank and industry rank for Ghitha Holding PJSC's Current Ratio or its related term are showing as below:

ADX:GHITHA's Current Ratio is not ranked *
in the Retail - Defensive industry.
Industry Median: 1.32
* Ranked among companies with meaningful Current Ratio only.

Ghitha Holding PJSC  (ADX:GHITHA) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Ghitha Holding PJSC Current Ratio Related Terms


Ghitha Holding PJSC Current Ratio Historical Data

* Premium members only.

The historical data trend for Ghitha Holding PJSC's Current 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.

Ghitha Holding PJSC Current Ratio Chart

Ghitha Holding PJSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Current Ratio
Get a 7-Day Free Trial 2.06 1.41 2.80 2.05 1.32

Ghitha Holding PJSC Quarterly Data
Dec19 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Current 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 0.00 1.37 1.39 1.32 1.32

ADX:GHITHA vs SYY, USFD, PFGC: Current Ratio Comparison

For the Food Distribution subindustry, Ghitha Holding PJSC's Current Ratio, along with its competitors' market caps and Current 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.


Ghitha Holding PJSC Current Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ghitha Holding PJSC's Current Ratio distribution charts can be found below:

* The bar in red indicates where Ghitha Holding PJSC's Current Ratio falls into.


ADX:GHITHA
64GF Score
Ghitha Holding PJSC ADX:GHITHA
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ghitha Holding PJSC Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Ghitha Holding PJSC's Current Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Current Ratio (A: Dec. 2024 )=Total Current Assets (A: Dec. 2024 )/Total Current Liabilities (A: Dec. 2024 )
=2523.778/1912.301
=1.32

Ghitha Holding PJSC's Current Ratio for the quarter that ended in Mar. 2025 is calculated as

Current Ratio (Q: Mar. 2025 )=Total Current Assets (Q: Mar. 2025 )/Total Current Liabilities (Q: Mar. 2025 )
=2573.968/1956.427
=1.32

* 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 Current Ratio →
What does a Current Ratio of 1.32 mean?
Ghitha Holding PJSC (ADX:GHITHA) has a Current Ratio of 1.32 as of Mar. 2025.
Is Ghitha Holding PJSC's Current Ratio too high?
Ghitha Holding PJSC's current Current Ratio is 1.32. The Retail - Defensive industry median Current Ratio is 1.32. Ghitha Holding PJSC's value of 1.32 is 0% at this industry median. Overall, Ghitha Holding PJSC has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Ghitha Holding PJSC's Current Ratio compare to SYY and USFD?
Ghitha Holding PJSC's Current Ratio of 1.32 can be compared against companies in the Retail - Defensive industry. The industry median Current Ratio is 1.32. Ghitha Holding PJSC's value of 1.32 is 0% at this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Retail - Defensive company?
The median Current Ratio among Retail - Defensive companies is 1.32, based on 312 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ghitha Holding PJSC's current Current Ratio of 1.32 is 0% at 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Retail - Defensive industry, the median Current Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghitha Holding PJSC's current Current Ratio is 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghitha Holding PJSC stock overvalued right now?
Ghitha Holding PJSC (ADX:GHITHA) has a current Current Ratio of 1.32. The current Current Ratio is 1.32 and 0% at the Retail - Defensive industry median of 1.32. Ghitha Holding PJSC's overall GF Score™ is 64/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Ghitha Holding PJSC (ADX:GHITHA), the current Current Ratio is 1.32 as of Mar. 2025. 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.

Ghitha Holding PJSC Business Description

Address Al Faymah Street, PO Box 53314, Business Avenue Tower, Unit 1501, Al Danah, Abu Dhabi, ARE
Ghitha Holding PJSC is engaged in trading, re-packaging, and distribution of food products. Its segments include Fruits and vegetables, Dairy and protein, Trading and distribution, Edible oil and fats, Investment, and Others. The majority of its revenue is generated from the Dairy and protein segment.
64GF Score

Get the complete analysis for ADX:GHITHA

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

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