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. Oneclick Logistics India's current ratio for the quarter that ended in Sep. 2024 was 2.65.
Oneclick Logistics India has a current ratio of 2.65. It generally indicates good short-term financial strength.
The historical rank and industry rank for Oneclick Logistics India's Current Ratio or its related term are showing as below:
NSE:OLIL's Current Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.47 * Ranked among companies with meaningful Current Ratio only.
Oneclick Logistics India (NSE:OLIL) 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.
Oneclick Logistics India Current Ratio Related Terms
Oneclick Logistics India Current Ratio Historical Data
* 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.
Oneclick Logistics India Current Ratio Chart
Oneclick Logistics India Annual Data
Trend
Mar23
Mar24
Current Ratio
1.39
3.07
Oneclick Logistics India Semi-Annual Data
Mar23
Sep23
Mar24
Sep24
Current Ratio
1.39
0.00
3.07
2.65
NSE:OLIL vs UPS, FDX, EXPD: Current Ratio Comparison
For the Integrated Freight & Logistics subindustry, Oneclick Logistics India'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.
Oneclick Logistics India Current Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Oneclick Logistics India's Current Ratio distribution charts can be found below:
* The bar in red indicates where Oneclick Logistics India's Current Ratio falls into.
* 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.
Oneclick Logistics India (NSE:OLIL) has a Current Ratio of 2.65 as of Sep. 2024.
Is Oneclick Logistics India's Current Ratio too high?
Oneclick Logistics India's current Current Ratio is 2.65. The Transportation industry median Current Ratio is 1.47. Oneclick Logistics India's value of 2.65 is 80.3% above this industry median. Overall, Oneclick Logistics India has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Oneclick Logistics India's Current Ratio compare to UPS and FDX?
Oneclick Logistics India's Current Ratio of 2.65 can be compared against companies in the Transportation industry. The industry median Current Ratio is 1.47. Oneclick Logistics India's value of 2.65 is 80.3% above this benchmark. 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 1.47, based on 1,002 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. Oneclick Logistics India's current Current Ratio of 2.65 is 80.3% 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 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oneclick Logistics India's current Current Ratio is 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oneclick Logistics India stock overvalued right now?
Oneclick Logistics India (NSE:OLIL) has a current Current Ratio of 2.65. The current Current Ratio is 2.65 and 80.3% above the Transportation industry median of 1.47. Oneclick Logistics India's overall GF Score™ is 13/100. 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 Oneclick Logistics India (NSE:OLIL), the current Current Ratio is 2.65 as of Sep. 2024. 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.
Oneclick Logistics India Ltd is an integrated logistics services and solutions provider. Its services can be broadly categorized as; non-vessel operating common carrier (NVOCC); ocean and air freight forwarding; bulk cargo handling; and custom clearance, for which It has arranged with third parties who have valid Custom House Agent's Licenses and allied logistics and transportation services. The Company offers its customers a single-window solution thereby negating the need to approach multiple service providers at different levels in the chain of logistics services.
13GF Score
Get the complete analysis for NSE:OLIL
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:OLIL has been successfully added to your 