Dolphin Medical ServicesBOM:526504 36 Current Ratio is 2.22 as of Mar. 2026, which is 31% below its 10-year median of 3.21. GuruFocus rates BOM:526504 with a GF Score™ of 36/100 and a GF Value™ of ₹2.38 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 214 Medical Diagnostics & Research companies, Dolphin Medical Services ranks better than 52.8% on this metric.
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. Dolphin Medical Services's current ratio for the quarter that ended in Mar. 2026 was 2.22.
Dolphin Medical Services has a current ratio of 2.22. It generally indicates good short-term financial strength.
The historical rank and industry rank for Dolphin Medical Services's Current Ratio or its related term are showing as below:
BOM:526504'
s Current Ratio Range Over the Past 10 Years
Min: 2.22 Med: 3.21 Max: 35.72
Current: 2.22
During the past 13 years, Dolphin Medical Services's highest Current Ratio was 35.72. The lowest was 2.22. And the median was 3.21.
BOM:526504's Current Ratio is ranked better than 52.8% of 214
companies
in the Medical Diagnostics & Research industry
Industry Median: 2.06
vs BOM:526504: 2.22
Dolphin Medical Services (BOM:526504) 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 Medical Services Current Ratio Related Terms
Dolphin Medical Services 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.
BOM:526504 vs TMO, DHR, IDXX: Current Ratio Comparison
For the Diagnostics & Research subindustry, Dolphin Medical Services'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 Medical Services Current Ratio vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Dolphin Medical Services's Current Ratio distribution charts can be found below:
* The bar in red indicates where Dolphin Medical Services'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 Medical Services (BOM:526504) has a Current Ratio of 2.22 as of Mar. 2026. This is 31% below median its historical median of 3.21. Over the past decade, Dolphin Medical Services' Current Ratio has ranged from 2.22 to 35.72. According to the industry distribution chart, Dolphin Medical Services ranks #101 out of 214 companies in the Medical Diagnostics & Research industry, placing it in the top 47.2%.
Is Dolphin Medical Services' Current Ratio too high?
Dolphin Medical Services' current Current Ratio of 2.22 is 31% below median its 10-year median of 3.21. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 35.72. The Medical Diagnostics & Research industry median Current Ratio is 2.06. Dolphin Medical Services' value of 2.22 is 7.8% above this industry median. Based on the distribution chart, Dolphin Medical Services ranks #101 out of 214 companies in the Medical Diagnostics & Research industry, which is above the industry midpoint. Overall, Dolphin Medical Services has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dolphin Medical Services' Current Ratio compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Dolphin Medical Services ranks #101 out of 214 companies for Current Ratio. This puts Dolphin Medical Services in the upper half of its industry. The industry median Current Ratio is 2.06. Dolphin Medical Services' value of 2.22 is 7.8% above this benchmark. Historically, Dolphin Medical Services' own Current Ratio has ranged from 2.22 to 35.72 over the past decade. While the company's 10-year median is 3.21 vs. the industry median of 2.06, Dolphin Medical Services 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 a Medical Diagnostics & Research company?
The median Current Ratio among Medical Diagnostics & Research companies is 2.06, based on 214 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 Medical Services's current Current Ratio of 2.22 is 7.8% 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 Medical Diagnostics & Research industry, the median Current Ratio is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dolphin Medical Services's current Current Ratio is 2.22, which is 31% below median its own 10-year median of 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolphin Medical Services stock overvalued right now?
Based on GuruFocus' analysis, Dolphin Medical Services (BOM:526504) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.38, compared to a current price of ₹9.12 — trading 283.2% above its estimated fair value. The current Current Ratio is 2.22, which is 31% below median its 10-year median of 3.21 and 7.8% above the Medical Diagnostics & Research industry median of 2.06. Dolphin Medical Services' overall GF Score™ is 36/100 with 5 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 Medical Services (BOM:526504), the current Current Ratio is 2.22 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 Medical Services (BOM:526504) Overvalued in 2026?
Based on GuruFocus' analysis, Dolphin Medical Services stock appears to be overvalued.
The current stock price of ₹9.12 is trading 283.2% above its estimated GF Value™ of ₹2.38.
GuruFocus considers Dolphin Medical Services to be Significantly Overvalued.
Key valuation signals for BOM:526504:
Current Ratio: 2.22 (31% below median its 10-year median of 3.21)
GF Value™: ₹2.38 vs. price of ₹9.12 (283.2% above fair value)
Industry Position: 7.8% above the Medical Diagnostics & Research median (#101 of 214)
No single metric tells the full story. See the BOM:526504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dolphin Medical Services Ltd is engaged in providing diagnostics and other allied services. It includes a range of tests covering radiology and imaging, biochemistry, pathology, and microbiology. In addition, the company is also involved in Information Technology, Biotechnology, and Herbal sectors. Services provided by the company are Diagnostic Centre provides all the services under one roof; the Ophthalmic Laser Care Centre provides total laser eye treatment as "Dolphin Nethralaya"; Teleradiology Services; Clinical Trials and Life Sciences division; Medical Equipment & Goods associated distribution; Bio-Tech Division is to provide Foods and Herbal Products and Dolphin Electronic Solution and Technologies(DEST).
36GF Score
Get the complete analysis for BOM:526504
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