Shahjibazar Power Co (DHA:SPCL) Quick Ratio: 0.94 (As of Mar. 2026) — 45% Above Median


DHA:SPCL Shahjibazar Power Co Ltd DHA:SPCL
93 GF Score
Price BDT54.50
GF Value BDT56.70
Valuation Fairly Valued
! 7 Warning Signs
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What is Shahjibazar Power Co Quick Ratio?

Shahjibazar Power Co DHA:SPCL +1.11% 93 Quick Ratio is 0.94 as of Mar. 2026, which is 45% above its 10-year median of 0.65. GuruFocus rates DHA:SPCL with a GF Score™ of 93/100 and a GF Value™ of BDT56.70 (Fairly Valued). The stock has 7 warning signs investors should review. Among 446 Utilities - Independent Power Producers companies, Shahjibazar Power Co ranks worse than 64.35% 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. Shahjibazar Power Co's quick ratio for the quarter that ended in Mar. 2026 was 0.94.

Shahjibazar Power Co has a quick ratio of 0.94. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Shahjibazar Power Co's Quick Ratio or its related term are showing as below:

DHA:SPCL' s Quick Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.65   Max: 1.09
Current: 0.94

During the past 10 years, Shahjibazar Power Co's highest Quick Ratio was 1.09. The lowest was 0.42. And the median was 0.65.

DHA:SPCL's Quick Ratio is ranked worse than
64.35% of 446 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.24 vs DHA:SPCL: 0.94

Shahjibazar Power Co  (DHA:SPCL) 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.


Shahjibazar Power Co Quick Ratio Related Terms


Shahjibazar Power Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Shahjibazar Power Co'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.

Shahjibazar Power Co Quick Ratio Chart

Shahjibazar Power Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.63 0.90 0.66 0.92

Shahjibazar Power Co 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 0.75 0.92 0.89 1.01 0.94

DHA:SPCL vs CEG, VST, NRG: Quick Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Shahjibazar Power Co'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.


Shahjibazar Power Co Quick Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shahjibazar Power Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Shahjibazar Power Co's Quick Ratio falls into.


DHA:SPCL
93GF Score
Shahjibazar Power Co Ltd DHA:SPCL
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shahjibazar Power Co 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.

Shahjibazar Power Co'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
=(6843.307-2173.045)/5103.644
=0.92

Shahjibazar Power Co'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
=(10279.778-2630.196)/8154.011
=0.94

* 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 0.94 mean?
Shahjibazar Power Co (DHA:SPCL) has a Quick Ratio of 0.94 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shahjibazar Power Co and its competitors. This is 45% above median its historical median of 0.65. Over the past decade, Shahjibazar Power Co's Quick Ratio has ranged from 0.42 to 1.09. According to the industry distribution chart, Shahjibazar Power Co ranks #287 out of 446 companies in the Utilities - Independent Power Producers industry, placing it in the top 64.3%.
Is Shahjibazar Power Co's Quick Ratio too high?
Shahjibazar Power Co's current Quick Ratio of 0.94 is 45% above median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.09. The Utilities - Independent Power Producers industry median Quick Ratio is 1.24. Shahjibazar Power Co's value of 0.94 is 24.2% below this industry median. Based on the distribution chart, Shahjibazar Power Co ranks #287 out of 446 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Shahjibazar Power Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shahjibazar Power Co's Quick Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Shahjibazar Power Co ranks #287 out of 446 companies for Quick Ratio. This places Shahjibazar Power Co in the lower half of its industry. The industry median Quick Ratio is 1.24. Shahjibazar Power Co's value of 0.94 is 24.2% below this benchmark. Historically, Shahjibazar Power Co's own Quick Ratio has ranged from 0.42 to 1.09 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 1.24, Shahjibazar Power Co 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 an Utilities - Independent Power Producers company?
The median Quick Ratio among Utilities - Independent Power Producers companies is 1.24, based on 446 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. Shahjibazar Power Co's current Quick Ratio of 0.94 is 24.2% 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 Shahjibazar Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Quick Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shahjibazar Power Co's current Quick Ratio is 0.94, which is 45% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shahjibazar Power Co stock overvalued right now?
Based on GuruFocus' analysis, Shahjibazar Power Co (DHA:SPCL) is currently considered Fairly Valued. The stock's GF Value™ is BDT56.70, compared to a current price of BDT54.50 — trading 3.9% below its estimated fair value. The current Quick Ratio is 0.94, which is 45% above median its 10-year median of 0.65 and 24.2% below the Utilities - Independent Power Producers industry median of 1.24. Shahjibazar Power Co's overall GF Score™ is 93/100 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 Shahjibazar Power Co (DHA:SPCL), the current Quick Ratio is 0.94 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 Shahjibazar Power Co (DHA:SPCL) Overvalued in 2026?

Based on GuruFocus' analysis, Shahjibazar Power Co stock appears to be undervalued. The current stock price of BDT54.50 is trading 3.9% below its estimated GF Value™ of BDT56.70. GuruFocus considers Shahjibazar Power Co to be Fairly Valued.

Key valuation signals for DHA:SPCL:

  • Quick Ratio: 0.94 (45% above median its 10-year median of 0.65)
  • GF Value™: BDT56.70 vs. price of BDT54.50 (3.9% below fair value)
  • GF Score™: 93/100 with 7 warning signs
  • Industry Position: 24.2% below the Utilities - Independent Power Producers median (#287 of 446)

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


Shahjibazar Power Co Business Description

Address 822/2, Rokeya Sarani, Mirpur, Dhaka, BGD, 1216
Shahjibazar Power Co Ltd generates and supplies electricity in Bangladesh. It is engaged in the production and supply of petroleum products like liquid petroleum gas, special boiling point solvent, mineral turpentine, high-speed diesel, octane, kerosene, and fuel gas to the Bangladesh Petroleum Corporation (BPC). It generates revenue from only power generation.
93GF Score

Get the complete analysis for DHA:SPCL

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

BDT54.50
Price
BDT56.70
GF Value