NCEW (New Century Logistics (BVI)) Current Ratio: 1.56 (As of Mar. 2026) — Near Median

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NCEW New Century Logistics (BVI) Ltd NCEW
15 GF Score
Price $16.81
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What is New Century Logistics (BVI) Current Ratio?

New Century Logistics (BVI) NCEW +3.77% 15 Current Ratio is 1.56 as of Mar. 2026, which is 3% above its 10-year median of 1.51. GuruFocus rates NCEW with a GF Score™ of 15/100. The stock has 6 warning signs investors should review. Among 1,004 Transportation companies, New Century Logistics (BVI) ranks better than 50.5% 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. New Century Logistics (BVI)'s current ratio for the quarter that ended in Mar. 2026 was 1.56.

New Century Logistics (BVI) has a current ratio of 1.56. It generally indicates good short-term financial strength.

The historical rank and industry rank for New Century Logistics (BVI)'s Current Ratio or its related term are showing as below:

NCEW' s Current Ratio Range Over the Past 10 Years
Min: 1.45   Med: 1.51   Max: 2.27
Current: 1.56

During the past 5 years, New Century Logistics (BVI)'s highest Current Ratio was 2.27. The lowest was 1.45. And the median was 1.51.

NCEW's Current Ratio is ranked better than
50.5% of 1004 companies
in the Transportation industry
Industry Median: 1.46 vs NCEW: 1.56

New Century Logistics (BVI)  (NAS:NCEW) 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.


New Century Logistics (BVI) Current Ratio Related Terms


New Century Logistics (BVI) Current Ratio Historical Data

* Premium members only.

The historical data trend for New Century Logistics (BVI)'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.

New Century Logistics (BVI) Current Ratio Chart

New Century Logistics (BVI) Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Current Ratio
2.00 2.04 1.48 1.46 1.47

New Century Logistics (BVI) Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 1.46 2.27 1.47 1.56

NCEW vs JANL, CRGO, SFWL: Current Ratio Comparison

For the Integrated Freight & Logistics subindustry, New Century Logistics (BVI)'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.


New Century Logistics (BVI) Current Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, New Century Logistics (BVI)'s Current Ratio distribution charts can be found below:

* The bar in red indicates where New Century Logistics (BVI)'s Current Ratio falls into.


NCEW
15GF Score
New Century Logistics (BVI) Ltd NCEW
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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New Century Logistics (BVI) 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.

New Century Logistics (BVI)'s Current Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Current Ratio (A: Sep. 2025 )=Total Current Assets (A: Sep. 2025 )/Total Current Liabilities (A: Sep. 2025 )
=13.192/8.98
=1.47

New Century Logistics (BVI)'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 )
=10.843/6.959
=1.56

* 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 1.56 mean?
New Century Logistics (BVI) (NCEW) has a Current Ratio of 1.56 as of Mar. 2026. This is near median its historical median of 1.51. Over the past decade, New Century Logistics (BVI)'s Current Ratio has ranged from 1.45 to 2.27. According to the industry distribution chart, New Century Logistics (BVI) ranks #497 out of 1004 companies in the Transportation industry, placing it in the top 49.5%.
Is New Century Logistics (BVI)'s Current Ratio too high?
New Century Logistics (BVI)'s current Current Ratio of 1.56 is near median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 2.27. The Transportation industry median Current Ratio is 1.46. New Century Logistics (BVI)'s value of 1.56 is 6.8% above this industry median. Based on the distribution chart, New Century Logistics (BVI) ranks #497 out of 1004 companies in the Transportation industry, which is above the industry midpoint. Overall, New Century Logistics (BVI) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does New Century Logistics (BVI)'s Current Ratio compare to JANL and CRGO?
According to the Transportation industry distribution chart, New Century Logistics (BVI) ranks #497 out of 1004 companies for Current Ratio. This puts New Century Logistics (BVI) in the upper half of its industry. The industry median Current Ratio is 1.46. New Century Logistics (BVI)'s value of 1.56 is 6.8% above this benchmark. Historically, New Century Logistics (BVI)'s own Current Ratio has ranged from 1.45 to 2.27 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 1.46, New Century Logistics (BVI) 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 1,004 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. New Century Logistics (BVI)'s current Current Ratio of 1.56 is 6.8% 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. New Century Logistics (BVI)'s current Current Ratio is 1.56, which is near median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Century Logistics (BVI) stock overvalued right now?
New Century Logistics (BVI) (NCEW) has a current Current Ratio of 1.56. The current Current Ratio is 1.56, which is near median its 10-year median of 1.51 and 6.8% above the Transportation industry median of 1.46. New Century Logistics (BVI)'s overall GF Score™ is 15/100 with 6 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 New Century Logistics (BVI) (NCEW), the current Current Ratio is 1.56 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.

New Century Logistics (BVI) Business Description

Address 55 King Yip Street, Office A-E, 33rd Floor, King Palace Plaza, Kwun Tong, Kowloon, Hong Kong, HKG
New Century Logistics (BVI) Ltd is a freight forwarding service provider based in Hong Kong. The company offers air and ocean export and import freight forwarding services, including the sale of cargo space, cargo pickup, off-airport air cargo security screening, palletization, preparation of shipping documentation, arrangement of customs clearance, and cargo handling at ports. It provides a full range of logistics services supported by a robust international network that facilitates the movement of customers goods. Its services include Project Cargo, Warehousing & Distribution, Ocean Freight Import & Export, and Air Freight Import & Export. The company operates in the British Virgin Islands and Hong Kong, with the majority of its revenue generated from Hong Kong.
15GF Score

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