Titas Gas Transmission and Distribution (DHA:TITASGAS) Current Ratio: 1.11 (As of Mar. 2026) — 15% Below Median


DHA:TITASGAS Titas Gas Transmission and Distribution PLC DHA:TITASGAS
68 GF Score
Price BDT17.80
GF Value BDT23.36
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Titas Gas Transmission and Distribution Current Ratio?

Titas Gas Transmission and Distribution DHA:TITASGAS -0.56% 68 Current Ratio is 1.11 as of Mar. 2026, which is 15% below its 10-year median of 1.30. GuruFocus rates DHA:TITASGAS with a GF Score™ of 68/100 and a GF Value™ of BDT23.36 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 508 Utilities - Regulated companies, Titas Gas Transmission and Distribution ranks better than 51.77% 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. Titas Gas Transmission and Distribution's current ratio for the quarter that ended in Mar. 2026 was 1.11.

Titas Gas Transmission and Distribution has a current ratio of 1.11. It generally indicates good short-term financial strength.

The historical rank and industry rank for Titas Gas Transmission and Distribution's Current Ratio or its related term are showing as below:

DHA:TITASGAS' s Current Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.3   Max: 1.66
Current: 1.11

During the past 13 years, Titas Gas Transmission and Distribution's highest Current Ratio was 1.66. The lowest was 1.11. And the median was 1.30.

DHA:TITASGAS's Current Ratio is ranked better than
51.77% of 508 companies
in the Utilities - Regulated industry
Industry Median: 1.08 vs DHA:TITASGAS: 1.11

Titas Gas Transmission and Distribution  (DHA:TITASGAS) 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.


Titas Gas Transmission and Distribution Current Ratio Related Terms


Titas Gas Transmission and Distribution Current Ratio Historical Data

* Premium members only.

The historical data trend for Titas Gas Transmission and Distribution'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.

Titas Gas Transmission and Distribution Current Ratio Chart

Titas Gas Transmission and Distribution 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 1.61 1.56 1.32 1.18 1.13

Titas Gas Transmission and Distribution 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 1.12 1.13 1.11 1.11 1.11

DHA:TITASGAS vs ATO, NI, UGI: Current Ratio Comparison

For the Utilities - Regulated Gas subindustry, Titas Gas Transmission and Distribution'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.


Titas Gas Transmission and Distribution Current Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Titas Gas Transmission and Distribution's Current Ratio distribution charts can be found below:

* The bar in red indicates where Titas Gas Transmission and Distribution's Current Ratio falls into.


DHA:TITASGAS
68GF Score
Titas Gas Transmission and Distribution PLC DHA:TITASGAS
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Titas Gas Transmission and Distribution 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.

Titas Gas Transmission and Distribution'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 )
=271097.646/240647.012
=1.13

Titas Gas Transmission and Distribution'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 )
=279355.889/251286.052
=1.11

* 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 1.11 mean?
Titas Gas Transmission and Distribution (DHA:TITASGAS) has a Current Ratio of 1.11 as of Mar. 2026. This is 15% below median its historical median of 1.30. Over the past decade, Titas Gas Transmission and Distribution's Current Ratio has ranged from 1.11 to 1.66. According to the industry distribution chart, Titas Gas Transmission and Distribution ranks #245 out of 508 companies in the Utilities - Regulated industry, placing it in the top 48.2%.
Is Titas Gas Transmission and Distribution's Current Ratio too high?
Titas Gas Transmission and Distribution's current Current Ratio of 1.11 is 15% below median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 1.66. The Utilities - Regulated industry median Current Ratio is 1.08. Titas Gas Transmission and Distribution's value of 1.11 is 2.8% above this industry median. Based on the distribution chart, Titas Gas Transmission and Distribution ranks #245 out of 508 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Titas Gas Transmission and Distribution has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Titas Gas Transmission and Distribution's Current Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Titas Gas Transmission and Distribution ranks #245 out of 508 companies for Current Ratio. This puts Titas Gas Transmission and Distribution in the upper half of its industry. The industry median Current Ratio is 1.08. Titas Gas Transmission and Distribution's value of 1.11 is 2.8% above this benchmark. Historically, Titas Gas Transmission and Distribution's own Current Ratio has ranged from 1.11 to 1.66 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 1.08, Titas Gas Transmission and Distribution 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 Utilities - Regulated company?
The median Current Ratio among Utilities - Regulated companies is 1.08, based on 508 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. Titas Gas Transmission and Distribution's current Current Ratio of 1.11 is 2.8% 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 Utilities - Regulated industry, the median Current Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titas Gas Transmission and Distribution's current Current Ratio is 1.11, which is 15% below median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titas Gas Transmission and Distribution stock overvalued right now?
Based on GuruFocus' analysis, Titas Gas Transmission and Distribution (DHA:TITASGAS) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT23.36, compared to a current price of BDT17.80 — trading 23.8% below its estimated fair value. The current Current Ratio is 1.11, which is 15% below median its 10-year median of 1.30 and 2.8% above the Utilities - Regulated industry median of 1.08. Titas Gas Transmission and Distribution's overall GF Score™ is 68/100 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 Titas Gas Transmission and Distribution (DHA:TITASGAS), the current Current Ratio is 1.11 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 Titas Gas Transmission and Distribution (DHA:TITASGAS) Overvalued in 2026?

Based on GuruFocus' analysis, Titas Gas Transmission and Distribution stock appears to be undervalued. The current stock price of BDT17.80 is trading 23.8% below its estimated GF Value™ of BDT23.36. GuruFocus considers Titas Gas Transmission and Distribution to be Modestly Undervalued.

Key valuation signals for DHA:TITASGAS:

  • Current Ratio: 1.11 (15% below median its 10-year median of 1.30)
  • GF Value™: BDT23.36 vs. price of BDT17.80 (23.8% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 2.8% above the Utilities - Regulated median (#245 of 508)

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


Titas Gas Transmission and Distribution Business Description

Address 105, Kazi Nazrul Islam Avenue, Titas Gas Bhaban, Kawran Bazar Commerial Area, Dhaka, BGD, 1215
Titas Gas Transmission and Distribution PLC is principally engaged in the business of natural gas distribution. The company aims to transmit natural gas from the gas fields to different areas to distribute the same to the consumers in power, fertilizer, industrial, commercial, captive power, feed gas for CNG, and domestic categories within its franchise areas, viz. greater Dhaka & Mymensingh districts. The company supplies gas to power stations, fertilizer factories, industries, commercial users, captive power plants, compressed natural gas stations, and households through an extensive pipeline network.
68GF Score

Get the complete analysis for DHA:TITASGAS

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

BDT17.80
Price
BDT23.36
GF Value