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Shipwaves OnlineBOM:544646 -3.96%16 Current Ratio is 2.26 as of Mar. 2026, which is 97% above its 10-year median of 1.15. GuruFocus rates BOM:544646 with a GF Score™ of 16/100. The stock has 7 warning signs investors should review. Among 1,006 Transportation companies, Shipwaves Online ranks better than 73.66% 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. Shipwaves Online's current ratio for the quarter that ended in Mar. 2026 was 2.26.
Shipwaves Online has a current ratio of 2.26. It generally indicates good short-term financial strength.
The historical rank and industry rank for Shipwaves Online's Current Ratio or its related term are showing as below:
BOM:544646'
s Current Ratio Range Over the Past 10 Years
Min: 0.97 Med: 1.15 Max: 2.26
Current: 2.26
During the past 4 years, Shipwaves Online's highest Current Ratio was 2.26. The lowest was 0.97. And the median was 1.15.
BOM:544646's Current Ratio is ranked better than 73.66% of 1006
companies
in the Transportation industry
Industry Median: 1.46
vs BOM:544646: 2.26
Shipwaves Online (BOM:544646) 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.
Shipwaves Online Current Ratio Related Terms
Shipwaves Online Current Ratio Historical Data
* Premium members only.
The historical data trend for Shipwaves Online'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.
Shipwaves Online Current Ratio Chart
Shipwaves Online Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Current Ratio
0.97
1.07
1.23
2.26
Shipwaves Online Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
Current Ratio
0.97
1.07
1.23
2.26
Shipwaves Online Current Ratio Competitor Comparison
For the Marine Shipping subindustry, Shipwaves Online'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.
Shipwaves Online Current Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Shipwaves Online's Current Ratio distribution charts can be found below:
* The bar in red indicates where Shipwaves Online'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.
Shipwaves Online (BOM:544646) has a Current Ratio of 2.26 as of Mar. 2026. This is 97% above median its historical median of 1.15. Over the past decade, Shipwaves Online's Current Ratio has ranged from 0.97 to 2.26. According to the industry distribution chart, Shipwaves Online ranks #265 out of 1006 companies in the Transportation industry, placing it in the top 26.3%.
Is Shipwaves Online's Current Ratio too high?
Shipwaves Online's current Current Ratio of 2.26 is 97% above median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 2.26. The Transportation industry median Current Ratio is 1.46. Shipwaves Online's value of 2.26 is 54.8% above this industry median. Based on the distribution chart, Shipwaves Online ranks #265 out of 1006 companies in the Transportation industry, which is above the industry midpoint. Overall, Shipwaves Online has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Shipwaves Online's Current Ratio compare to competitors?
According to the Transportation industry distribution chart, Shipwaves Online ranks #265 out of 1006 companies for Current Ratio. This puts Shipwaves Online in the upper half of its industry. The industry median Current Ratio is 1.46. Shipwaves Online's value of 2.26 is 54.8% above this benchmark. Historically, Shipwaves Online's own Current Ratio has ranged from 0.97 to 2.26 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 1.46, Shipwaves Online 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 Transportation company?
The median Current Ratio among Transportation companies is 1.46, based on 1,006 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. Shipwaves Online's current Current Ratio of 2.26 is 54.8% 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 Transportation industry, the median Current Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shipwaves Online's current Current Ratio is 2.26, which is 97% above median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shipwaves Online stock overvalued right now?
Shipwaves Online (BOM:544646) has a current Current Ratio of 2.26. The current Current Ratio is 2.26, which is 97% above median its 10-year median of 1.15 and 54.8% above the Transportation industry median of 1.46. Shipwaves Online's overall GF Score™ is 16/100 with 7 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 Shipwaves Online (BOM:544646), the current Current Ratio is 2.26 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.
Shipwaves Online Ltd presents itself as a comprehensive, single unified platform designed to meet its client's shipping and logistical needs. Its expertise spans across multimodal transportation solutions, offering seamless end-to-end support for shipments across Ocean, Land, and Air. The company's platform is built to offer real-time visibility, ensuring that clients have full transparency and control over their logistics operations from the point of origin to the final destination. The Company offers two primary service categories-Digital Freight Forwarding and Enterprise SaaS Solutions-each designed to meet the evolving needs of businesses in the logistics and supply chain industry. The company generates majority of its revenue from Ocean Shipment.
16GF Score
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