Dolphin Offshore Enterprises India has a current ratio of 5.54. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
BOM:522261'
s Current Ratio Range Over the Past 10 Years
Min: 0.74 Med: 5.54 Max: 34.74
Current: 5.54
During the past 13 years, Dolphin Offshore Enterprises India's highest Current Ratio was 34.74. The lowest was 0.74. And the median was 5.54.
BOM:522261's Current Ratio is ranked better than 89.43% of 1012
companies
in the Oil & Gas industry
Industry Median: 1.35
vs BOM:522261: 5.54
Dolphin Offshore Enterprises India (BOM:522261) 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.
Dolphin Offshore Enterprises India Current Ratio Related Terms
Dolphin Offshore Enterprises India Current Ratio Historical Data
* 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.
Dolphin Offshore Enterprises India Current Ratio Chart
BOM:522261 vs SLB, BKR, HAL: Current Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, Dolphin Offshore Enterprises India'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.
Dolphin Offshore Enterprises India Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dolphin Offshore Enterprises India's Current Ratio distribution charts can be found below:
* The bar in red indicates where Dolphin Offshore Enterprises India's Current Ratio falls into.
* 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.
Dolphin Offshore Enterprises India (BOM:522261) has a Current Ratio of 5.54 as of Mar. 2026. This is near median its historical median of 5.54. Over the past decade, Dolphin Offshore Enterprises India's Current Ratio has ranged from 0.74 to 34.74. According to the industry distribution chart, Dolphin Offshore Enterprises India ranks #107 out of 1012 companies in the Oil & Gas industry, placing it in the top 10.6%.
Is Dolphin Offshore Enterprises India's Current Ratio too high?
Dolphin Offshore Enterprises India's current Current Ratio of 5.54 is near median its 10-year median of 5.54. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 34.74. The Oil & Gas industry median Current Ratio is 1.35. Dolphin Offshore Enterprises India's value of 5.54 is 310.4% above this industry median. Based on the distribution chart, Dolphin Offshore Enterprises India ranks #107 out of 1012 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Dolphin Offshore Enterprises India has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dolphin Offshore Enterprises India's Current Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Dolphin Offshore Enterprises India ranks #107 out of 1012 companies for Current Ratio. This places Dolphin Offshore Enterprises India in the top 11% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.35. Dolphin Offshore Enterprises India's value of 5.54 is 310.4% above this benchmark. Historically, Dolphin Offshore Enterprises India's own Current Ratio has ranged from 0.74 to 34.74 over the past decade. While the company's 10-year median is 5.54 vs. the industry median of 1.35, Dolphin Offshore Enterprises India 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 Current Ratio for an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.35, based on 1,012 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. Dolphin Offshore Enterprises India's current Current Ratio of 5.54 is 310.4% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median Current Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dolphin Offshore Enterprises India's current Current Ratio is 5.54, which is near median its own 10-year median of 5.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolphin Offshore Enterprises India stock overvalued right now?
Based on GuruFocus' analysis, Dolphin Offshore Enterprises India (BOM:522261) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,121.92, compared to a current price of ₹361.00 — trading 83% below its estimated fair value. The current Current Ratio is 5.54, which is near median its 10-year median of 5.54 and 310.4% above the Oil & Gas industry median of 1.35. Dolphin Offshore Enterprises India's overall GF Score™ is 54/100 with 3 warning signs to review. 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 Dolphin Offshore Enterprises India (BOM:522261), the current Current Ratio is 5.54 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 Dolphin Offshore Enterprises India (BOM:522261) Overvalued in 2026?
Based on GuruFocus' analysis, Dolphin Offshore Enterprises India stock appears to be undervalued.
The current stock price of ₹361.00 is trading 83% below its estimated GF Value™ of ₹2,121.92.
GuruFocus considers Dolphin Offshore Enterprises India to be Possible Value Trap.
Key valuation signals for BOM:522261:
Current Ratio: 5.54 (near median its 10-year median of 5.54)
GF Value™: ₹2,121.92 vs. price of ₹361.00 (83% below fair value)
Industry Position: 310.4% above the Oil & Gas median (#107 of 1012)
No single metric tells the full story. See the BOM:522261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dolphin Offshore Enterprises India Business Description
Dolphin Offshore Enterprises India Ltd is a provider of underwater services to the Indian oil and gas industry including underwater diving and engineering, design and engineering, vessel operations and management, rig and ship repairs, marine logistics, and fabrication. It also provides equipments like air compressors, gas compressors, exploration and production equipment, and others. The company operates in the Gulf of Mexico, the Caribbean, Brazil, West Africa, Asia Pacific, Middle East, and domestically.
54GF Score
Get the complete analysis for BOM:522261
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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