Alpha Adriatic JSC (ZAG:ULPL) Current Ratio: 0.10 (As of Mar. 2026) — 33% Below Median


ZAG:ULPL Alpha Adriatic JSC ZAG:ULPL
49 GF Score
Price €10.80
GF Value €19.99
Valuation Possible Value Trap
! 2 Warning Signs
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What is Alpha Adriatic JSC Current Ratio?

Alpha Adriatic JSC ZAG:ULPL +12.50% 49 Current Ratio is 0.10 as of Mar. 2026, which is 33% below its 10-year median of 0.15. GuruFocus rates ZAG:ULPL with a GF Score™ of 49/100 and a GF Value™ of €19.99 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,004 Transportation companies, Alpha Adriatic JSC ranks worse than 99.2% 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. Alpha Adriatic JSC's current ratio for the quarter that ended in Mar. 2026 was 0.10.

Alpha Adriatic JSC has a current ratio of 0.10. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Alpha Adriatic JSC has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Alpha Adriatic JSC's Current Ratio or its related term are showing as below:

ZAG:ULPL' s Current Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.15   Max: 0.4
Current: 0.1

During the past 13 years, Alpha Adriatic JSC's highest Current Ratio was 0.40. The lowest was 0.03. And the median was 0.15.

ZAG:ULPL's Current Ratio is ranked worse than
99.2% of 1004 companies
in the Transportation industry
Industry Median: 1.46 vs ZAG:ULPL: 0.10

Alpha Adriatic JSC  (ZAG:ULPL) 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.


Alpha Adriatic JSC Current Ratio Related Terms


Alpha Adriatic JSC Current Ratio Historical Data

* Premium members only.

The historical data trend for Alpha Adriatic JSC'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.

Alpha Adriatic JSC Current Ratio Chart

Alpha Adriatic JSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.31 0.38 0.28 0.36

Alpha Adriatic JSC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.36 0.33 0.28 0.27 0.10

ZAG:ULPL vs UPS, FDX, JBHT: Current Ratio Comparison

For the Integrated Freight & Logistics subindustry, Alpha Adriatic JSC'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.


Alpha Adriatic JSC Current Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Alpha Adriatic JSC's Current Ratio distribution charts can be found below:

* The bar in red indicates where Alpha Adriatic JSC's Current Ratio falls into.


ZAG:ULPL
49GF Score
Alpha Adriatic JSC ZAG:ULPL
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpha Adriatic JSC 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.

Alpha Adriatic JSC's Current Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Current Ratio (A: Dec. 2024 )=Total Current Assets (A: Dec. 2024 )/Total Current Liabilities (A: Dec. 2024 )
=9.731/27.181
=0.36

Alpha Adriatic JSC'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 )
=6.713/64.617
=0.10

* 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 0.10 mean?
Alpha Adriatic JSC (ZAG:ULPL) has a Current Ratio of 0.10 as of Mar. 2026. This is 33% below median its historical median of 0.15. Over the past decade, Alpha Adriatic JSC's Current Ratio has ranged from 0.03 to 0.40. According to the industry distribution chart, Alpha Adriatic JSC ranks #996 out of 1004 companies in the Transportation industry, placing it in the top 99.2%.
Is Alpha Adriatic JSC's Current Ratio too high?
Alpha Adriatic JSC's current Current Ratio of 0.10 is 33% below median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.40. The Transportation industry median Current Ratio is 1.46. Alpha Adriatic JSC's value of 0.10 is 93.2% below this industry median. Based on the distribution chart, Alpha Adriatic JSC ranks #996 out of 1004 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Alpha Adriatic JSC has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alpha Adriatic JSC's Current Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Alpha Adriatic JSC ranks #996 out of 1004 companies for Current Ratio. This places Alpha Adriatic JSC in the lower half of its industry. The industry median Current Ratio is 1.46. Alpha Adriatic JSC's value of 0.10 is 93.2% below this benchmark. Historically, Alpha Adriatic JSC's own Current Ratio has ranged from 0.03 to 0.40 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 1.46, Alpha Adriatic JSC has consistently been below 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. Alpha Adriatic JSC's current Current Ratio of 0.10 is 93.2% below 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. Alpha Adriatic JSC's current Current Ratio is 0.10, which is 33% below median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Adriatic JSC stock overvalued right now?
Based on GuruFocus' analysis, Alpha Adriatic JSC (ZAG:ULPL) is currently considered Possible Value Trap. The stock's GF Value™ is €19.99, compared to a current price of €10.80 — trading 46% below its estimated fair value. The current Current Ratio is 0.10, which is 33% below median its 10-year median of 0.15 and 93.2% below the Transportation industry median of 1.46. Alpha Adriatic JSC's overall GF Score™ is 49/100 with 2 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 Alpha Adriatic JSC (ZAG:ULPL), the current Current Ratio is 0.10 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 Alpha Adriatic JSC (ZAG:ULPL) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Adriatic JSC stock appears to be undervalued. The current stock price of €10.80 is trading 46% below its estimated GF Value™ of €19.99. GuruFocus considers Alpha Adriatic JSC to be Possible Value Trap.

Key valuation signals for ZAG:ULPL:

  • Current Ratio: 0.10 (33% below median its 10-year median of 0.15)
  • GF Value™: €19.99 vs. price of €10.80 (46% below fair value)
  • GF Score™: 49/100 with 2 warning signs
  • Industry Position: 93.2% below the Transportation median (#996 of 1004)

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


Alpha Adriatic JSC Business Description

Address Carrarina 6, Pula, HRV, 52100
Alpha Adriatic JSC engaged in activities of international maritime transportation of goods in dry bulk and tanker sectors and providing full ship management services for third parties. It has interests in oil and chemical tankers, and bulk carriers and also provides third-party ship management services for oil and chemical tankers.
49GF Score

Get the complete analysis for ZAG:ULPL

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

€10.80
Price
€19.99
GF Value