National Polymer Industries (DHA:NPOLYMER) Current Ratio: 1.99 (As of Mar. 2026) — 83% Above Median


DHA:NPOLYMER National Polymer Industries PLC DHA:NPOLYMER
68 GF Score
Price BDT34.20
GF Value BDT17.22
Valuation Significantly Overvalued
! 10 Warning Signs
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What is National Polymer Industries Current Ratio?

National Polymer Industries DHA:NPOLYMER 68 Current Ratio is 1.99 as of Mar. 2026, which is 83% above its 10-year median of 1.09. GuruFocus rates DHA:NPOLYMER with a GF Score™ of 68/100 and a GF Value™ of BDT17.22 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,783 Construction companies, National Polymer Industries ranks better than 66.57% 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. National Polymer Industries's current ratio for the quarter that ended in Mar. 2026 was 1.99.

National Polymer Industries has a current ratio of 1.99. It generally indicates good short-term financial strength.

The historical rank and industry rank for National Polymer Industries's Current Ratio or its related term are showing as below:

DHA:NPOLYMER' s Current Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.09   Max: 2.05
Current: 1.99

During the past 13 years, National Polymer Industries's highest Current Ratio was 2.05. The lowest was 0.86. And the median was 1.09.

DHA:NPOLYMER's Current Ratio is ranked better than
66.57% of 1783 companies
in the Construction industry
Industry Median: 1.58 vs DHA:NPOLYMER: 1.99

National Polymer Industries  (DHA:NPOLYMER) 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.


National Polymer Industries Current Ratio Related Terms


National Polymer Industries Current Ratio Historical Data

* Premium members only.

The historical data trend for National Polymer Industries'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.

National Polymer Industries Current Ratio Chart

National Polymer Industries 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 1.50 1.20 1.10 0.96 1.06

National Polymer Industries 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 0.91 1.06 1.22 1.92 1.99

DHA:NPOLYMER vs TT, JCI, CARR: Current Ratio Comparison

For the Building Products & Equipment subindustry, National Polymer Industries'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.


National Polymer Industries Current Ratio vs Construction Industry

For the Construction industry and Industrials sector, National Polymer Industries's Current Ratio distribution charts can be found below:

* The bar in red indicates where National Polymer Industries's Current Ratio falls into.


DHA:NPOLYMER
68GF Score
National Polymer Industries PLC DHA:NPOLYMER
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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National Polymer Industries 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.

National Polymer Industries'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 )
=3790.971/3588.54
=1.06

National Polymer Industries'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 )
=4012.867/2016.291
=1.99

* 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 1.99 mean?
National Polymer Industries (DHA:NPOLYMER) has a Current Ratio of 1.99 as of Mar. 2026. This is 83% above median its historical median of 1.09. Over the past decade, National Polymer Industries' Current Ratio has ranged from 0.86 to 2.05. According to the industry distribution chart, National Polymer Industries ranks #596 out of 1783 companies in the Construction industry, placing it in the top 33.4%.
Is National Polymer Industries' Current Ratio too high?
National Polymer Industries' current Current Ratio of 1.99 is 83% above median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 2.05. The Construction industry median Current Ratio is 1.58. National Polymer Industries' value of 1.99 is 25.9% above this industry median. Based on the distribution chart, National Polymer Industries ranks #596 out of 1783 companies in the Construction industry, which is above the industry midpoint. Overall, National Polymer Industries has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Polymer Industries' Current Ratio compare to TT and JCI?
According to the Construction industry distribution chart, National Polymer Industries ranks #596 out of 1783 companies for Current Ratio. This puts National Polymer Industries in the upper half of its industry. The industry median Current Ratio is 1.58. National Polymer Industries' value of 1.99 is 25.9% above this benchmark. Historically, National Polymer Industries' own Current Ratio has ranged from 0.86 to 2.05 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.58, National Polymer Industries 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 Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,783 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. National Polymer Industries's current Current Ratio of 1.99 is 25.9% 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 Construction industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Polymer Industries's current Current Ratio is 1.99, which is 83% above median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Polymer Industries stock overvalued right now?
Based on GuruFocus' analysis, National Polymer Industries (DHA:NPOLYMER) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT17.22, compared to a current price of BDT34.20 — trading 98.6% above its estimated fair value. The current Current Ratio is 1.99, which is 83% above median its 10-year median of 1.09 and 25.9% above the Construction industry median of 1.58. National Polymer Industries' overall GF Score™ is 68/100 with 10 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 National Polymer Industries (DHA:NPOLYMER), the current Current Ratio is 1.99 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 National Polymer Industries (DHA:NPOLYMER) Overvalued in 2026?

Based on GuruFocus' analysis, National Polymer Industries stock appears to be overvalued. The current stock price of BDT34.20 is trading 98.6% above its estimated GF Value™ of BDT17.22. GuruFocus considers National Polymer Industries to be Significantly Overvalued.

Key valuation signals for DHA:NPOLYMER:

  • Current Ratio: 1.99 (83% above median its 10-year median of 1.09)
  • GF Value™: BDT17.22 vs. price of BDT34.20 (98.6% above fair value)
  • GF Score™: 68/100 with 10 warning signs
  • Industry Position: 25.9% above the Construction median (#596 of 1783)

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


National Polymer Industries Business Description

Address GA-99/3, Pragati Shoroni, Npoly House, Middle Badda, Dhaka, BGD, 1212
National Polymer Industries PLC is engaged in manufacturing a wide range of plastic products for building, construction, sanitation and irrigation applications. It owns and operates PVC Pipes, PVC Water Tanks, PVC Doors and Bottle grade PVC Compound Manufacturing Plant, produces and markets the same in the local and foreign markets. The company generates revenue from the sale of its products.
68GF Score

Get the complete analysis for DHA:NPOLYMER

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

BDT34.20
Price
BDT17.22
GF Value