Argon Denims (DHA:ARGONDENIM) Quick Ratio: 0.98 (As of Mar. 2026) — Near Median

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DHA:ARGONDENIM Argon Denims Ltd DHA:ARGONDENIM
88 GF Score
Price BDT20.80
GF Value BDT16.70
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Argon Denims Quick Ratio?

Argon Denims DHA:ARGONDENIM -0.48% 88 Quick Ratio is 0.98 as of Mar. 2026, which is 9% below its 10-year median of 1.08. GuruFocus rates DHA:ARGONDENIM with a GF Score™ of 88/100 and a GF Value™ of BDT16.70 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 1,068 Manufacturing - Apparel & Accessories companies, Argon Denims ranks worse than 54.78% 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. Argon Denims's quick ratio for the quarter that ended in Mar. 2026 was 0.98.

Argon Denims has a quick ratio of 0.98. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Argon Denims's Quick Ratio or its related term are showing as below:

DHA:ARGONDENIM' s Quick Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.08   Max: 1.48
Current: 0.98

During the past 11 years, Argon Denims's highest Quick Ratio was 1.48. The lowest was 0.91. And the median was 1.08.

DHA:ARGONDENIM's Quick Ratio is ranked worse than
54.78% of 1068 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11 vs DHA:ARGONDENIM: 0.98

Argon Denims  (DHA:ARGONDENIM) 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.


Argon Denims Quick Ratio Related Terms


Argon Denims Quick Ratio Historical Data

* Premium members only.

The historical data trend for Argon Denims'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.

Argon Denims Quick Ratio Chart

Argon Denims Annual Data
Trend Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.00 1.02 1.06 0.95

Argon Denims Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.05 0.95 1.03 0.98 0.98

Argon Denims Quick Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Argon Denims'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.


Argon Denims Quick Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Argon Denims's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Argon Denims's Quick Ratio falls into.


DHA:ARGONDENIM
88GF Score
Argon Denims Ltd DHA:ARGONDENIM
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Argon Denims 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.

Argon Denims's Quick Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Quick Ratio (A: Jun. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(5213.883-2315.598)/3062.331
=0.95

Argon Denims'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
=(5198.972-2298.975)/2972.868
=0.98

* 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 0.98 mean?
Argon Denims (DHA:ARGONDENIM) has a Quick Ratio of 0.98 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Argon Denims and its competitors. This is near median its historical median of 1.08. Over the past decade, Argon Denims' Quick Ratio has ranged from 0.91 to 1.48. According to the industry distribution chart, Argon Denims ranks #585 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 54.8%.
Is Argon Denims' Quick Ratio too high?
Argon Denims' current Quick Ratio of 0.98 is near median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 1.48. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Argon Denims' value of 0.98 is 11.7% below this industry median. Based on the distribution chart, Argon Denims ranks #585 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Argon Denims has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argon Denims' Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Argon Denims ranks #585 out of 1068 companies for Quick Ratio. This places Argon Denims in the lower half of its industry. The industry median Quick Ratio is 1.11. Argon Denims' value of 0.98 is 11.7% below this benchmark. Historically, Argon Denims' own Quick Ratio has ranged from 0.91 to 1.48 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.11, Argon Denims 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 Quick Ratio for a Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,068 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. Argon Denims's current Quick Ratio of 0.98 is 11.7% 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 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 Argon Denims and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argon Denims's current Quick Ratio is 0.98, which is near median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argon Denims stock overvalued right now?
Based on GuruFocus' analysis, Argon Denims (DHA:ARGONDENIM) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT16.70, compared to a current price of BDT20.80 — trading 24.6% above its estimated fair value. The current Quick Ratio is 0.98, which is near median its 10-year median of 1.08 and 11.7% below the Manufacturing - Apparel & Accessories industry median of 1.11. Argon Denims' overall GF Score™ is 88/100 with 12 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 Argon Denims (DHA:ARGONDENIM), the current Quick Ratio is 0.98 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 Argon Denims (DHA:ARGONDENIM) Overvalued in 2026?

Based on GuruFocus' analysis, Argon Denims stock appears to be overvalued. The current stock price of BDT20.80 is trading 24.6% above its estimated GF Value™ of BDT16.70. GuruFocus considers Argon Denims to be Modestly Overvalued.

Key valuation signals for DHA:ARGONDENIM:

  • Quick Ratio: 0.98 (near median its 10-year median of 1.08)
  • GF Value™: BDT16.70 vs. price of BDT20.80 (24.6% above fair value)
  • GF Score™: 88/100 with 12 warning signs
  • Industry Position: 11.7% below the Manufacturing - Apparel & Accessories median (#585 of 1068)

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


Argon Denims Business Description

Address 57, Joar Sahara, New Airport Road, Level-6, Lotus Kamal Tower ONE, Nikunja-2- C/A, Dhaka, BGD, 1229
Argon Denims Ltd is engaged in manufacturing, dyeing, and finishing Denim Fabric based in Bangladesh and focuses on exports. The firm carries out the business of weaving, spinning, bleaching, dyeing, mercerizing, printing, finishing, and selling denim fabrics, yarn, cloth, linen, hosiery, and other goods and fabrics, whether textiles knitted or looped. It produces a medium and premium range of denim fabrics in various weights. The products include fabrics in 100% cotton, cotton stretch, cotton polyester, and cotton-polyester stretch. The dyeing line is equipped with light and dark indigo, Sulphur black, SBIT, IBST, with casts and colors.
88GF Score

Get the complete analysis for DHA:ARGONDENIM

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

BDT20.80
Price
BDT16.70
GF Value