Summit Power (DHA:SUMITPOWER) Quick Ratio: 1.29 (As of Mar. 2026) — Near Median

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DHA:SUMITPOWER Summit Power Ltd DHA:SUMITPOWER
74 GF Score
Price BDT17.20
GF Value BDT12.94
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Summit Power Quick Ratio?

Summit Power DHA:SUMITPOWER +3.61% 74 Quick Ratio is 1.29 as of Mar. 2026, which is 7% below its 10-year median of 1.39. GuruFocus rates DHA:SUMITPOWER with a GF Score™ of 74/100 and a GF Value™ of BDT12.94 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 507 Utilities - Regulated companies, Summit Power ranks better than 64.89% 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. Summit Power's quick ratio for the quarter that ended in Mar. 2026 was 1.29.

Summit Power has a quick ratio of 1.29. It generally indicates good short-term financial strength.

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

DHA:SUMITPOWER' s Quick Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.39   Max: 14.19
Current: 1.29

During the past 13 years, Summit Power's highest Quick Ratio was 14.19. The lowest was 0.69. And the median was 1.39.

DHA:SUMITPOWER's Quick Ratio is ranked better than
64.89% of 507 companies
in the Utilities - Regulated industry
Industry Median: 1.02 vs DHA:SUMITPOWER: 1.29

Summit Power  (DHA:SUMITPOWER) 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.


Summit Power Quick Ratio Related Terms


Summit Power Quick Ratio Historical Data

* Premium members only.

The historical data trend for Summit Power'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.

Summit Power Quick Ratio Chart

Summit Power 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 2.23 1.42 1.28 1.38 1.45

Summit Power 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 1.53 1.45 1.42 1.38 1.29

DHA:SUMITPOWER vs NEE, SO, DUK: Quick Ratio Comparison

For the Utilities - Regulated Electric subindustry, Summit Power'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.


Summit Power Quick Ratio vs Utilities - Regulated Industry

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

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


DHA:SUMITPOWER
74GF Score
Summit Power Ltd DHA:SUMITPOWER
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Summit Power 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.

Summit Power'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
=(39796.087-965.763)/26708.816
=1.45

Summit Power'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
=(41785.053-5124.451)/28430.561
=1.29

* 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 1.29 mean?
Summit Power (DHA:SUMITPOWER) has a Quick Ratio of 1.29 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Summit Power and its competitors. This is near median its historical median of 1.39. Over the past decade, Summit Power's Quick Ratio has ranged from 0.69 to 14.19. According to the industry distribution chart, Summit Power ranks #178 out of 507 companies in the Utilities - Regulated industry, placing it in the top 35.1%.
Is Summit Power's Quick Ratio too high?
Summit Power's current Quick Ratio of 1.29 is near median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 14.19. The Utilities - Regulated industry median Quick Ratio is 1.02. Summit Power's value of 1.29 is 26.5% above this industry median. Based on the distribution chart, Summit Power ranks #178 out of 507 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Summit Power has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Summit Power's Quick Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Summit Power ranks #178 out of 507 companies for Quick Ratio. This puts Summit Power in the upper half of its industry. The industry median Quick Ratio is 1.02. Summit Power's value of 1.29 is 26.5% above this benchmark. Historically, Summit Power's own Quick Ratio has ranged from 0.69 to 14.19 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.02, Summit Power 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 1.02, based on 507 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. Summit Power's current Quick Ratio of 1.29 is 26.5% 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 Summit Power and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Summit Power's current Quick Ratio is 1.29, which is near median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Power stock overvalued right now?
Based on GuruFocus' analysis, Summit Power (DHA:SUMITPOWER) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT12.94, compared to a current price of BDT17.20 — trading 32.9% above its estimated fair value. The current Quick Ratio is 1.29, which is near median its 10-year median of 1.39 and 26.5% above the Utilities - Regulated industry median of 1.02. Summit Power's overall GF Score™ is 74/100 with 11 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 Summit Power (DHA:SUMITPOWER), the current Quick Ratio is 1.29 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 Summit Power (DHA:SUMITPOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Summit Power stock appears to be overvalued. The current stock price of BDT17.20 is trading 32.9% above its estimated GF Value™ of BDT12.94. GuruFocus considers Summit Power to be Significantly Overvalued.

Key valuation signals for DHA:SUMITPOWER:

  • Quick Ratio: 1.29 (near median its 10-year median of 1.39)
  • GF Value™: BDT12.94 vs. price of BDT17.20 (32.9% above fair value)
  • GF Score™: 74/100 with 11 warning signs
  • Industry Position: 26.5% above the Utilities - Regulated median (#178 of 507)

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


Summit Power Business Description

Address Karwan Bazar C/A, Summit Centre, 18, Dhaka, BGD, 1215
Summit Power Ltd is engaged in the generation and supply of electricity. It focuses on developing, owning, and operating power-generating assets. It owns and operates 15 power plants at different locations in Bangladesh with a total Installed capacity of 975.96 MW. The company supplies electricity to Bangladesh Power Development Board and Bangladesh Rural Electrification Board.
74GF Score

Get the complete analysis for DHA:SUMITPOWER

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

BDT17.20
Price
BDT12.94
GF Value