Dhillon Freight Carrier (BOM:544556) Quick Ratio: 2.45 (As of Mar. 2026) — 106% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544556 Dhillon Freight Carrier Ltd BOM:544556
14 GF Score
Price ₹31.10
! 4 Warning Signs
View Full Analysis

What is Dhillon Freight Carrier Quick Ratio?

Dhillon Freight Carrier BOM:544556 -1.89% 14 Quick Ratio is 2.45 as of Mar. 2026, which is 106% above its 10-year median of 1.19. GuruFocus rates BOM:544556 with a GF Score™ of 14/100. The stock has 4 warning signs investors should review. Among 1,005 Transportation companies, Dhillon Freight Carrier ranks better than 78.91% 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. Dhillon Freight Carrier's quick ratio for the quarter that ended in Mar. 2026 was 2.45.

Dhillon Freight Carrier has a quick ratio of 2.45. It generally indicates good short-term financial strength.

The historical rank and industry rank for Dhillon Freight Carrier's Quick Ratio or its related term are showing as below:

BOM:544556' s Quick Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.19   Max: 2.45
Current: 2.45

During the past 5 years, Dhillon Freight Carrier's highest Quick Ratio was 2.45. The lowest was 0.30. And the median was 1.19.

BOM:544556's Quick Ratio is ranked better than
78.91% of 1005 companies
in the Transportation industry
Industry Median: 1.34 vs BOM:544556: 2.45

Dhillon Freight Carrier  (BOM:544556) 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.


Dhillon Freight Carrier Quick Ratio Related Terms


Dhillon Freight Carrier Quick Ratio Historical Data

* Premium members only.

The historical data trend for Dhillon Freight Carrier'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.

Dhillon Freight Carrier Quick Ratio Chart

Dhillon Freight Carrier Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
1.19 0.30 1.02 1.74 2.45

Dhillon Freight Carrier Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio 1.19 0.30 1.02 1.74 2.45

BOM:544556 vs ODFL, XPO, KNX: Quick Ratio Comparison

For the Trucking subindustry, Dhillon Freight Carrier'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.


Dhillon Freight Carrier Quick Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Dhillon Freight Carrier's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Dhillon Freight Carrier's Quick Ratio falls into.


BOM:544556
14GF Score
Dhillon Freight Carrier Ltd BOM:544556
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dhillon Freight Carrier 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.

Dhillon Freight Carrier's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(88.078-0)/35.989
=2.45

Dhillon Freight Carrier'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
=(88.078-0)/35.989
=2.45

* 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 2.45 mean?
Dhillon Freight Carrier (BOM:544556) has a Quick Ratio of 2.45 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Dhillon Freight Carrier and its competitors. This is 106% above median its historical median of 1.19. Over the past decade, Dhillon Freight Carrier's Quick Ratio has ranged from 0.30 to 2.45. According to the industry distribution chart, Dhillon Freight Carrier ranks #212 out of 1005 companies in the Transportation industry, placing it in the top 21.1%.
Is Dhillon Freight Carrier's Quick Ratio too high?
Dhillon Freight Carrier's current Quick Ratio of 2.45 is 106% above median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 2.45. The Transportation industry median Quick Ratio is 1.34. Dhillon Freight Carrier's value of 2.45 is 82.8% above this industry median. Based on the distribution chart, Dhillon Freight Carrier ranks #212 out of 1005 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Dhillon Freight Carrier has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Dhillon Freight Carrier's Quick Ratio compare to ODFL and XPO?
According to the Transportation industry distribution chart, Dhillon Freight Carrier ranks #212 out of 1005 companies for Quick Ratio. This places Dhillon Freight Carrier in the top 21% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.34. Dhillon Freight Carrier's value of 2.45 is 82.8% above this benchmark. Historically, Dhillon Freight Carrier's own Quick Ratio has ranged from 0.30 to 2.45 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 1.34, Dhillon Freight Carrier 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 1.34, based on 1,005 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. Dhillon Freight Carrier's current Quick Ratio of 2.45 is 82.8% 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 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 Dhillon Freight Carrier and its competitors. For the Transportation industry, the median Quick Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dhillon Freight Carrier's current Quick Ratio is 2.45, which is 106% above median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhillon Freight Carrier stock overvalued right now?
Dhillon Freight Carrier (BOM:544556) has a current Quick Ratio of 2.45. The current Quick Ratio is 2.45, which is 106% above median its 10-year median of 1.19 and 82.8% above the Transportation industry median of 1.34. Dhillon Freight Carrier's overall GF Score™ is 14/100 with 4 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 Dhillon Freight Carrier (BOM:544556), the current Quick Ratio is 2.45 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.

Dhillon Freight Carrier Business Description

Address 33A Jawaharlal Nehru Road, Chatterjee International Building, 20th Floor, Suite No. A03, Middleton Row, Kolkata, WB, IND, 700071
Dhillon Freight Carrier Ltd is engaged in providing logistics solutions to businesses, particularly road transportation. It is a goods transport agency providing Parcel/Less than Truck-Load (LTL), Contract Logistics and Fleet Rental/Fleet Leasing services to different industries. The company serves both B2B and B2C customers.
14GF Score

Get the complete analysis for BOM:544556

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

₹31.10
Price