CVO Petrochemical Refinery (DHA:CVOPRL) Current Ratio: 0.87 (As of Mar. 2026) — 24% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:CVOPRL CVO Petrochemical Refinery PLC DHA:CVOPRL
63 GF Score
Price BDT180.80
GF Value BDT192.23
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is CVO Petrochemical Refinery Current Ratio?

CVO Petrochemical Refinery DHA:CVOPRL +2.96% 63 Current Ratio is 0.87 as of Mar. 2026, which is 24% above its 10-year median of 0.70. GuruFocus rates DHA:CVOPRL with a GF Score™ of 63/100 and a GF Value™ of BDT192.23 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,014 Oil & Gas companies, CVO Petrochemical Refinery ranks worse than 74.06% 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. CVO Petrochemical Refinery's current ratio for the quarter that ended in Mar. 2026 was 0.87.

CVO Petrochemical Refinery has a current ratio of 0.87. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If CVO Petrochemical Refinery has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for CVO Petrochemical Refinery's Current Ratio or its related term are showing as below:

DHA:CVOPRL' s Current Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.7   Max: 1.22
Current: 0.87

During the past 13 years, CVO Petrochemical Refinery's highest Current Ratio was 1.22. The lowest was 0.32. And the median was 0.70.

DHA:CVOPRL's Current Ratio is ranked worse than
74.06% of 1014 companies
in the Oil & Gas industry
Industry Median: 1.35 vs DHA:CVOPRL: 0.87

CVO Petrochemical Refinery  (DHA:CVOPRL) 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.


CVO Petrochemical Refinery Current Ratio Related Terms


CVO Petrochemical Refinery Current Ratio Historical Data

* Premium members only.

The historical data trend for CVO Petrochemical Refinery'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.

CVO Petrochemical Refinery Current Ratio Chart

CVO Petrochemical Refinery Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.49 0.67 0.74 0.92

CVO Petrochemical Refinery Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only 0.81 0.92 1.18 1.22 0.87

DHA:CVOPRL vs VLO, MPC, PSX: Current Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, CVO Petrochemical Refinery'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.


CVO Petrochemical Refinery Current Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CVO Petrochemical Refinery's Current Ratio distribution charts can be found below:

* The bar in red indicates where CVO Petrochemical Refinery's Current Ratio falls into.


DHA:CVOPRL
63GF Score
CVO Petrochemical Refinery PLC DHA:CVOPRL
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CVO Petrochemical Refinery 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.

CVO Petrochemical Refinery's Current Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Current Ratio (A: Jun. 2025 )=Total Current Assets (A: Jun. 2025 )/Total Current Liabilities (A: Jun. 2025 )
=251.37/274.052
=0.92

CVO Petrochemical Refinery's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=343.795/396.706
=0.87

* 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 0.87 mean?
CVO Petrochemical Refinery (DHA:CVOPRL) has a Current Ratio of 0.87 as of Mar. 2026. This is 24% above median its historical median of 0.70. Over the past decade, CVO Petrochemical Refinery's Current Ratio has ranged from 0.32 to 1.22. According to the industry distribution chart, CVO Petrochemical Refinery ranks #751 out of 1014 companies in the Oil & Gas industry, placing it in the top 74.1%.
Is CVO Petrochemical Refinery's Current Ratio too high?
CVO Petrochemical Refinery's current Current Ratio of 0.87 is 24% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.22. The Oil & Gas industry median Current Ratio is 1.35. CVO Petrochemical Refinery's value of 0.87 is 35.6% below this industry median. Based on the distribution chart, CVO Petrochemical Refinery ranks #751 out of 1014 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, CVO Petrochemical Refinery has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CVO Petrochemical Refinery's Current Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, CVO Petrochemical Refinery ranks #751 out of 1014 companies for Current Ratio. This places CVO Petrochemical Refinery in the lower half of its industry. The industry median Current Ratio is 1.35. CVO Petrochemical Refinery's value of 0.87 is 35.6% below this benchmark. Historically, CVO Petrochemical Refinery's own Current Ratio has ranged from 0.32 to 1.22 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.35, CVO Petrochemical Refinery 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 Current Ratio for an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.35, based on 1,014 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. CVO Petrochemical Refinery's current Current Ratio of 0.87 is 35.6% 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 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. CVO Petrochemical Refinery's current Current Ratio is 0.87, which is 24% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVO Petrochemical Refinery stock overvalued right now?
Based on GuruFocus' analysis, CVO Petrochemical Refinery (DHA:CVOPRL) is currently considered Fairly Valued. The stock's GF Value™ is BDT192.23, compared to a current price of BDT180.80 — trading 5.9% below its estimated fair value. The current Current Ratio is 0.87, which is 24% above median its 10-year median of 0.70 and 35.6% below the Oil & Gas industry median of 1.35. CVO Petrochemical Refinery's overall GF Score™ is 63/100 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 CVO Petrochemical Refinery (DHA:CVOPRL), the current Current Ratio is 0.87 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 CVO Petrochemical Refinery (DHA:CVOPRL) Overvalued in 2026?

Based on GuruFocus' analysis, CVO Petrochemical Refinery stock appears to be undervalued. The current stock price of BDT180.80 is trading 5.9% below its estimated GF Value™ of BDT192.23. GuruFocus considers CVO Petrochemical Refinery to be Fairly Valued.

Key valuation signals for DHA:CVOPRL:

  • Current Ratio: 0.87 (24% above median its 10-year median of 0.70)
  • GF Value™: BDT192.23 vs. price of BDT180.80 (5.9% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 35.6% below the Oil & Gas median (#751 of 1014)

No single metric tells the full story. See the DHA:CVOPRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CVO Petrochemical Refinery Business Description

Industry EnergyOil & Gas
Address 37, Katalgonj, Panchlaish, Chattogram, BGD
CVO Petrochemical Refinery PLC is a petrochemical company. It is engaged in the production and sale of Hydrocarbon Solvent with the use of new raw material Naphtha and also supplies fuels like Motor Spirit (MS), Mineral Turpentine (MTT), HSD (High-Speed Diesel) which it produces from Natural Gas Condensate.
63GF Score

Get the complete analysis for DHA:CVOPRL

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

BDT180.80
Price
BDT192.23
GF Value