MPJ Logistics PCL (BKK:MPJ) Quick Ratio: 1.46 (As of Mar. 2026) — Near Median


BKK:MPJ MPJ Logistics PCL BKK:MPJ
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What is MPJ Logistics PCL Quick Ratio?

MPJ Logistics PCL BKK:MPJ +0.56% 13 Quick Ratio is 1.46 as of Mar. 2026, which is 1% below its 10-year median of 1.47. GuruFocus rates BKK:MPJ with a GF Score™ of 13/100. The stock has 2 warning signs investors should review. Among 1,002 Transportation companies, MPJ Logistics PCL ranks better than 54.59% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. MPJ Logistics PCL's quick ratio for the quarter that ended in Mar. 2026 was 1.46.

MPJ Logistics PCL has a quick ratio of 1.46. It generally indicates good short-term financial strength.

The historical rank and industry rank for MPJ Logistics PCL's Quick Ratio or its related term are showing as below:

BKK:MPJ' s Quick Ratio Range Over the Past 10 Years
Min: 0.24   Med: 1.47   Max: 2.67
Current: 1.46

During the past 5 years, MPJ Logistics PCL's highest Quick Ratio was 2.67. The lowest was 0.24. And the median was 1.47.

BKK:MPJ's Quick Ratio is ranked better than
54.59% of 1002 companies
in the Transportation industry
Industry Median: 1.355 vs BKK:MPJ: 1.46

MPJ Logistics PCL  (BKK:MPJ) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


MPJ Logistics PCL Quick Ratio Related Terms


MPJ Logistics PCL Quick Ratio Historical Data

* Premium members only.

The historical data trend for MPJ Logistics PCL's Quick 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.

MPJ Logistics PCL Quick Ratio Chart

MPJ Logistics PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
0.24 0.51 1.63 2.65 1.48

MPJ Logistics PCL Quarterly Data
Dec21 Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.67 2.28 1.32 1.48 1.46

BKK:MPJ vs FDX, UPS, JBHT: Quick Ratio Comparison

For the Integrated Freight & Logistics subindustry, MPJ Logistics PCL's Quick Ratio, along with its competitors' market caps and Quick 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.


MPJ Logistics PCL Quick Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, MPJ Logistics PCL's Quick Ratio distribution charts can be found below:

* The bar in red indicates where MPJ Logistics PCL's Quick Ratio falls into.


BKK:MPJ
13GF Score
MPJ Logistics PCL BKK:MPJ
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MPJ Logistics PCL Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

MPJ Logistics PCL's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(245.266-5.377)/161.564
=1.48

MPJ Logistics PCL's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(260.851-7.69)/173.847
=1.46

* 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 Quick Ratio →
What does a Quick Ratio of 1.46 mean?
MPJ Logistics PCL (BKK:MPJ) has a Quick Ratio of 1.46 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on MPJ Logistics PCL and its competitors. This is near median its historical median of 1.47. Over the past decade, MPJ Logistics PCL's Quick Ratio has ranged from 0.24 to 2.67. According to the industry distribution chart, MPJ Logistics PCL ranks #455 out of 1002 companies in the Transportation industry, placing it in the top 45.4%.
Is MPJ Logistics PCL's Quick Ratio too high?
MPJ Logistics PCL's current Quick Ratio of 1.46 is near median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 2.67. The Transportation industry median Quick Ratio is 1.36. MPJ Logistics PCL's value of 1.46 is 7.7% above this industry median. Based on the distribution chart, MPJ Logistics PCL ranks #455 out of 1002 companies in the Transportation industry, which is above the industry midpoint. Overall, MPJ Logistics PCL has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does MPJ Logistics PCL's Quick Ratio compare to FDX and UPS?
According to the Transportation industry distribution chart, MPJ Logistics PCL ranks #455 out of 1002 companies for Quick Ratio. This puts MPJ Logistics PCL in the upper half of its industry. The industry median Quick Ratio is 1.36. MPJ Logistics PCL's value of 1.46 is 7.7% above this benchmark. Historically, MPJ Logistics PCL's own Quick Ratio has ranged from 0.24 to 2.67 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 1.36, MPJ Logistics PCL 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 Quick Ratio for a Transportation company?
The median Quick Ratio among Transportation companies is 1.36, based on 1,002 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MPJ Logistics PCL's current Quick Ratio of 1.46 is 7.7% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on MPJ Logistics PCL and its competitors. For the Transportation industry, the median Quick Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MPJ Logistics PCL's current Quick Ratio is 1.46, which is near median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPJ Logistics PCL stock overvalued right now?
MPJ Logistics PCL (BKK:MPJ) has a current Quick Ratio of 1.46. The current Quick Ratio is 1.46, which is near median its 10-year median of 1.47 and 7.7% above the Transportation industry median of 1.36. MPJ Logistics PCL's overall GF Score™ is 13/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For MPJ Logistics PCL (BKK:MPJ), the current Quick Ratio is 1.46 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.

MPJ Logistics PCL Business Description

Address Nong Kham, 244 Moo 5, Sriracha District, Chonburi, THA, 20230
MPJ Logistics PCL is a Thailand-based company. The core business of the company and its subsidiaries is inland transportation and delivery service, provide freight forwarder services, provide container yard services and related services, warehouse rental. The company's segment include Transportation services business, Container depot services business, Warehouse rental business, and Freight forwarder services business. It derives revenue from Transportation services business segment.
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