Dolphin Medical ServicesBOM:526504 36 Quick Ratio is 2.21 as of Mar. 2026, which is 31% below its 10-year median of 3.20. GuruFocus rates BOM:526504 with a GF Score™ of 36/100 and a GF Value™ of ₹2.38 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 214 Medical Diagnostics & Research companies, Dolphin Medical Services ranks better than 55.14% on this metric.
Dolphin Medical Services has a quick ratio of 2.21. It generally indicates good short-term financial strength.
The historical rank and industry rank for Dolphin Medical Services's Quick Ratio or its related term are showing as below:
BOM:526504'
s Quick Ratio Range Over the Past 10 Years
Min: 2.21 Med: 3.2 Max: 35.72
Current: 2.21
During the past 13 years, Dolphin Medical Services's highest Quick Ratio was 35.72. The lowest was 2.21. And the median was 3.20.
BOM:526504's Quick Ratio is ranked better than 55.14% of 214
companies
in the Medical Diagnostics & Research industry
Industry Median: 1.715
vs BOM:526504: 2.21
Dolphin Medical Services (BOM:526504) 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.
Dolphin Medical Services Quick Ratio Related Terms
Dolphin Medical Services Quick 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.
BOM:526504 vs TMO, DHR, IDXX: Quick Ratio Comparison
For the Diagnostics & Research subindustry, Dolphin Medical Services'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.
Dolphin Medical Services Quick Ratio vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Dolphin Medical Services's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Dolphin Medical Services's Quick Ratio falls into.
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.
Dolphin Medical Services's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Dolphin Medical Services (BOM:526504) has a Quick Ratio of 2.21 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Dolphin Medical Services and its competitors. This is 31% below median its historical median of 3.20. Over the past decade, Dolphin Medical Services' Quick Ratio has ranged from 2.21 to 35.72. According to the industry distribution chart, Dolphin Medical Services ranks #96 out of 214 companies in the Medical Diagnostics & Research industry, placing it in the top 44.9%.
Is Dolphin Medical Services' Quick Ratio too high?
Dolphin Medical Services' current Quick Ratio of 2.21 is 31% below median its 10-year median of 3.20. Over the past 10 years, this metric has ranged from a low of 2.21 to a high of 35.72. The Medical Diagnostics & Research industry median Quick Ratio is 1.72. Dolphin Medical Services' value of 2.21 is 28.9% above this industry median. Based on the distribution chart, Dolphin Medical Services ranks #96 out of 214 companies in the Medical Diagnostics & Research industry, which is above the industry midpoint. Overall, Dolphin Medical Services has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dolphin Medical Services' Quick Ratio compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Dolphin Medical Services ranks #96 out of 214 companies for Quick Ratio. This puts Dolphin Medical Services in the upper half of its industry. The industry median Quick Ratio is 1.72. Dolphin Medical Services' value of 2.21 is 28.9% above this benchmark. Historically, Dolphin Medical Services' own Quick Ratio has ranged from 2.21 to 35.72 over the past decade. While the company's 10-year median is 3.20 vs. the industry median of 1.72, Dolphin Medical Services 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 Medical Diagnostics & Research company?
The median Quick Ratio among Medical Diagnostics & Research companies is 1.72, based on 214 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. Dolphin Medical Services's current Quick Ratio of 2.21 is 28.9% 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 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 Dolphin Medical Services and its competitors. For the Medical Diagnostics & Research industry, the median Quick Ratio is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dolphin Medical Services's current Quick Ratio is 2.21, which is 31% below median its own 10-year median of 3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolphin Medical Services stock overvalued right now?
Based on GuruFocus' analysis, Dolphin Medical Services (BOM:526504) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.38, compared to a current price of ₹9.12 — trading 283.2% above its estimated fair value. The current Quick Ratio is 2.21, which is 31% below median its 10-year median of 3.20 and 28.9% above the Medical Diagnostics & Research industry median of 1.72. Dolphin Medical Services' overall GF Score™ is 36/100 with 5 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 Dolphin Medical Services (BOM:526504), the current Quick Ratio is 2.21 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 Dolphin Medical Services (BOM:526504) Overvalued in 2026?
Based on GuruFocus' analysis, Dolphin Medical Services stock appears to be overvalued.
The current stock price of ₹9.12 is trading 283.2% above its estimated GF Value™ of ₹2.38.
GuruFocus considers Dolphin Medical Services to be Significantly Overvalued.
Key valuation signals for BOM:526504:
Quick Ratio: 2.21 (31% below median its 10-year median of 3.20)
GF Value™: ₹2.38 vs. price of ₹9.12 (283.2% above fair value)
Industry Position: 28.9% above the Medical Diagnostics & Research median (#96 of 214)
No single metric tells the full story. See the BOM:526504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dolphin Medical Services Ltd is engaged in providing diagnostics and other allied services. It includes a range of tests covering radiology and imaging, biochemistry, pathology, and microbiology. In addition, the company is also involved in Information Technology, Biotechnology, and Herbal sectors. Services provided by the company are Diagnostic Centre provides all the services under one roof; the Ophthalmic Laser Care Centre provides total laser eye treatment as "Dolphin Nethralaya"; Teleradiology Services; Clinical Trials and Life Sciences division; Medical Equipment & Goods associated distribution; Bio-Tech Division is to provide Foods and Herbal Products and Dolphin Electronic Solution and Technologies(DEST).
36GF Score
Get the complete analysis for BOM:526504
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