Navana CNG (DHA:NAVANACNG) Quick Ratio: 1.96 (As of Mar. 2026) — 111% Above Median

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DHA:NAVANACNG Navana CNG Ltd DHA:NAVANACNG
73 GF Score
Price BDT20.50
GF Value BDT23.21
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Navana CNG Quick Ratio?

Navana CNG DHA:NAVANACNG +1.49% 73 Quick Ratio is 1.96 as of Mar. 2026, which is 111% above its 10-year median of 0.93. GuruFocus rates DHA:NAVANACNG with a GF Score™ of 73/100 and a GF Value™ of BDT23.21 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 508 Utilities - Regulated companies, Navana CNG ranks better than 85.63% 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. Navana CNG's quick ratio for the quarter that ended in Mar. 2026 was 1.96.

Navana CNG has a quick ratio of 1.96. It generally indicates good short-term financial strength.

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

DHA:NAVANACNG' s Quick Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.93   Max: 1.96
Current: 1.96

During the past 13 years, Navana CNG's highest Quick Ratio was 1.96. The lowest was 0.41. And the median was 0.93.

DHA:NAVANACNG's Quick Ratio is ranked better than
85.63% of 508 companies
in the Utilities - Regulated industry
Industry Median: 1 vs DHA:NAVANACNG: 1.96

Navana CNG  (DHA:NAVANACNG) 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.


Navana CNG Quick Ratio Related Terms


Navana CNG Quick Ratio Historical Data

* Premium members only.

The historical data trend for Navana CNG'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.

Navana CNG Quick Ratio Chart

Navana CNG Annual Data
Trend Mar15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 1.09 1.18 1.39 1.35

Navana CNG 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 1.37 1.35 1.40 1.43 1.96

DHA:NAVANACNG vs ATO, NI, UGI: Quick Ratio Comparison

For the Utilities - Regulated Gas subindustry, Navana CNG'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.


Navana CNG Quick Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Navana CNG's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Navana CNG's Quick Ratio falls into.


DHA:NAVANACNG
73GF Score
Navana CNG Ltd DHA:NAVANACNG
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Navana CNG 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.

Navana CNG'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
=(8776.724-3467.927)/3943.251
=1.35

Navana CNG'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
=(9653.343-3706.872)/3040.667
=1.96

* 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 1.96 mean?
Navana CNG (DHA:NAVANACNG) has a Quick Ratio of 1.96 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Navana CNG and its competitors. This is 111% above median its historical median of 0.93. Over the past decade, Navana CNG's Quick Ratio has ranged from 0.41 to 1.96. According to the industry distribution chart, Navana CNG ranks #73 out of 508 companies in the Utilities - Regulated industry, placing it in the top 14.4%.
Is Navana CNG's Quick Ratio too high?
Navana CNG's current Quick Ratio of 1.96 is 111% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.96. The Utilities - Regulated industry median Quick Ratio is 1.00. Navana CNG's value of 1.96 is 96% above this industry median. Based on the distribution chart, Navana CNG ranks #73 out of 508 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Navana CNG has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Navana CNG's Quick Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Navana CNG ranks #73 out of 508 companies for Quick Ratio. This places Navana CNG in the top 14% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.00. Navana CNG's value of 1.96 is 96% above this benchmark. Historically, Navana CNG's own Quick Ratio has ranged from 0.41 to 1.96 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.00, Navana CNG 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 an Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.00, based on 508 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. Navana CNG's current Quick Ratio of 1.96 is 96% 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 Navana CNG and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navana CNG's current Quick Ratio is 1.96, which is 111% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navana CNG stock overvalued right now?
Based on GuruFocus' analysis, Navana CNG (DHA:NAVANACNG) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT23.21, compared to a current price of BDT20.50 — trading 11.7% below its estimated fair value. The current Quick Ratio is 1.96, which is 111% above median its 10-year median of 0.93 and 96% above the Utilities - Regulated industry median of 1.00. Navana CNG's overall GF Score™ is 73/100 with 7 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 Navana CNG (DHA:NAVANACNG), the current Quick Ratio is 1.96 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 Navana CNG (DHA:NAVANACNG) Overvalued in 2026?

Based on GuruFocus' analysis, Navana CNG stock appears to be undervalued. The current stock price of BDT20.50 is trading 11.7% below its estimated GF Value™ of BDT23.21. GuruFocus considers Navana CNG to be Modestly Undervalued.

Key valuation signals for DHA:NAVANACNG:

  • Quick Ratio: 1.96 (111% above median its 10-year median of 0.93)
  • GF Value™: BDT23.21 vs. price of BDT20.50 (11.7% below fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 96% above the Utilities - Regulated median (#73 of 508)

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


Navana CNG Business Description

Address 205-207, Tejgaon Industrial Area, Dhaka, BGD, 1208
Navana CNG Ltd is a CNG service provider in Bangladesh, engaged in converting petrol- and diesel-driven vehicles to compressed natural gas (CNG) driven vehicles and operating CNG refueling stations along with other related services. The company's services include refueling stations, vehicle conversion, after-sales service, cylinder re-testing, auto repair service, diesel generator conversion, vehicle fitness checkup stations, and other services. Its operating segments include a conversion workshop for diesel-driven vehicles to CNG-driven vehicles and CNG & LPG stations providing CNG refueling and related services. The company generates maximum revenue from the CNG station segment.
73GF Score

Get the complete analysis for DHA:NAVANACNG

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

BDT20.50
Price
BDT23.21
GF Value