BOC Kenya (NAI:BOC) Current Ratio: 4.51 (As of Dec. 2025) — 67% 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.

NAI:BOC BOC Kenya PLC NAI:BOC
72 GF Score
Price KES171.00
GF Value KES90.18
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is BOC Kenya Current Ratio?

BOC Kenya NAI:BOC +0.44% 72 Current Ratio is 4.51 as of Dec. 2025, which is 67% above its 10-year median of 2.70. GuruFocus rates NAI:BOC with a GF Score™ of 72/100 and a GF Value™ of KES90.18 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,606 Chemicals companies, BOC Kenya ranks better than 84.68% 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. BOC Kenya's current ratio for the quarter that ended in Dec. 2025 was 4.51.

BOC Kenya has a current ratio of 4.51. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for BOC Kenya's Current Ratio or its related term are showing as below:

NAI:BOC' s Current Ratio Range Over the Past 10 Years
Min: 1.88   Med: 2.7   Max: 4.81
Current: 4.51

During the past 13 years, BOC Kenya's highest Current Ratio was 4.81. The lowest was 1.88. And the median was 2.70.

NAI:BOC's Current Ratio is ranked better than
84.68% of 1606 companies
in the Chemicals industry
Industry Median: 1.88 vs NAI:BOC: 4.51

BOC Kenya  (NAI:BOC) 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.


BOC Kenya Current Ratio Related Terms


BOC Kenya Current Ratio Historical Data

* Premium members only.

The historical data trend for BOC Kenya'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.

BOC Kenya Current Ratio Chart

BOC Kenya Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.88 4.07 4.06 4.81 4.51

BOC Kenya Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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 2.88 4.07 4.06 4.81 4.51

NAI:BOC vs DOW: Current Ratio Comparison

For the Chemicals subindustry, BOC Kenya'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.


BOC Kenya Current Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, BOC Kenya's Current Ratio distribution charts can be found below:

* The bar in red indicates where BOC Kenya's Current Ratio falls into.


NAI:BOC
72GF Score
BOC Kenya PLC NAI:BOC
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BOC Kenya 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.

BOC Kenya's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=1717.402/381.189
=4.51

BOC Kenya's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=1717.402/381.189
=4.51

* 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 4.51 mean?
BOC Kenya (NAI:BOC) has a Current Ratio of 4.51 as of Dec. 2025. This is 67% above median its historical median of 2.70. Over the past decade, BOC Kenya's Current Ratio has ranged from 1.88 to 4.81. According to the industry distribution chart, BOC Kenya ranks #246 out of 1606 companies in the Chemicals industry, placing it in the top 15.3%.
Is BOC Kenya's Current Ratio too high?
BOC Kenya's current Current Ratio of 4.51 is 67% above median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 4.81. The Chemicals industry median Current Ratio is 1.88. BOC Kenya's value of 4.51 is 139.9% above this industry median. Based on the distribution chart, BOC Kenya ranks #246 out of 1606 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, BOC Kenya has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BOC Kenya's Current Ratio compare to DOW?
According to the Chemicals industry distribution chart, BOC Kenya ranks #246 out of 1606 companies for Current Ratio. This places BOC Kenya in the top 15% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.88. BOC Kenya's value of 4.51 is 139.9% above this benchmark. Historically, BOC Kenya's own Current Ratio has ranged from 1.88 to 4.81 over the past decade. While the company's 10-year median is 2.70 vs. the industry median of 1.88, BOC Kenya 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.88, based on 1,606 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. BOC Kenya's current Current Ratio of 4.51 is 139.9% 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 Chemicals industry, the median Current Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BOC Kenya's current Current Ratio is 4.51, which is 67% above median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOC Kenya stock overvalued right now?
Based on GuruFocus' analysis, BOC Kenya (NAI:BOC) is currently considered Significantly Overvalued. The stock's GF Value™ is KES90.18, compared to a current price of KES171.00 — trading 89.6% above its estimated fair value. The current Current Ratio is 4.51, which is 67% above median its 10-year median of 2.70 and 139.9% above the Chemicals industry median of 1.88. BOC Kenya's overall GF Score™ is 72/100 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 BOC Kenya (NAI:BOC), the current Current Ratio is 4.51 as of Dec. 2025. 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 BOC Kenya (NAI:BOC) Overvalued in 2026?

Based on GuruFocus' analysis, BOC Kenya stock appears to be overvalued. The current stock price of KES171.00 is trading 89.6% above its estimated GF Value™ of KES90.18. GuruFocus considers BOC Kenya to be Significantly Overvalued.

Key valuation signals for NAI:BOC:

  • Current Ratio: 4.51 (67% above median its 10-year median of 2.70)
  • GF Value™: KES90.18 vs. price of KES171.00 (89.6% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 139.9% above the Chemicals median (#246 of 1606)

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


BOC Kenya Business Description

Address 14 Kitui Road, off Kampala Road, P.O. Box 18010, Industrial Area, Nairobi, KEN, 00500
BOC Kenya PLC is involved in the manufacture and sale of industrial and medical gases and welding products. Its product range consists of Bulk gases, Packaged gases, and Engineering services. Bulk gases include liquid oxygen and liquid nitrogen. Packaged gases comprise medical gases, industrial gases, special gas mixtures, and liquefied petroleum gas. The engineering services include supplies of medical equipment, construction of medical and other gas pipelines, liquefied petroleum gas installations, tanks and pipelines, industrial gas storage and pipeline installations, and related maintenance services. The company generates the majority of its revenue from the sale of medical and industrial gases.
72GF Score

Get the complete analysis for NAI:BOC

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

KES171.00
Price
KES90.18
GF Value