DHA:TITASGAS's Quick Ratio is ranked better than 55.91% of 508
companies
in the Utilities - Regulated industry
Industry Median: 1.005
vs DHA:TITASGAS: 1.09
Titas Gas Transmission and Distribution (DHA:TITASGAS) 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.
Titas Gas Transmission and Distribution Quick Ratio Related Terms
Titas Gas Transmission and Distribution Quick Ratio Historical Data
* 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.
Titas Gas Transmission and Distribution Quick Ratio Chart
Titas Gas Transmission and Distribution Annual Data
DHA:TITASGAS vs ATO, NI, UGI: Quick Ratio Comparison
For the Utilities - Regulated Gas subindustry, Titas Gas Transmission and Distribution'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.
Titas Gas Transmission and Distribution Quick Ratio vs Utilities - Regulated Industry
Titas Gas Transmission and Distribution 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.
* 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.
Titas Gas Transmission and Distribution (DHA:TITASGAS) has a Quick Ratio of 1.09 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Titas Gas Transmission and Distribution and its competitors. This is 14% below median its historical median of 1.27. Over the past decade, Titas Gas Transmission and Distribution's Quick Ratio has ranged from 1.09 to 1.63. According to the industry distribution chart, Titas Gas Transmission and Distribution ranks #224 out of 508 companies in the Utilities - Regulated industry, placing it in the top 44.1%.
Is Titas Gas Transmission and Distribution's Quick Ratio too high?
Titas Gas Transmission and Distribution's current Quick Ratio of 1.09 is 14% below median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 1.63. The Utilities - Regulated industry median Quick Ratio is 1.01. Titas Gas Transmission and Distribution's value of 1.09 is 8.5% above this industry median. Based on the distribution chart, Titas Gas Transmission and Distribution ranks #224 out of 508 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Titas Gas Transmission and Distribution has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Titas Gas Transmission and Distribution's Quick Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Titas Gas Transmission and Distribution ranks #224 out of 508 companies for Quick Ratio. This puts Titas Gas Transmission and Distribution in the upper half of its industry. The industry median Quick Ratio is 1.01. Titas Gas Transmission and Distribution's value of 1.09 is 8.5% above this benchmark. Historically, Titas Gas Transmission and Distribution's own Quick Ratio has ranged from 1.09 to 1.63 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 1.01, Titas Gas Transmission and Distribution 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 1.01, 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. Titas Gas Transmission and Distribution's current Quick Ratio of 1.09 is 8.5% 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 Titas Gas Transmission and Distribution and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titas Gas Transmission and Distribution's current Quick Ratio is 1.09, which is 14% below median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titas Gas Transmission and Distribution stock overvalued right now?
Based on GuruFocus' analysis, Titas Gas Transmission and Distribution (DHA:TITASGAS) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT23.36, compared to a current price of BDT17.80 — trading 23.8% below its estimated fair value. The current Quick Ratio is 1.09, which is 14% below median its 10-year median of 1.27 and 8.5% above the Utilities - Regulated industry median of 1.01. Titas Gas Transmission and Distribution's overall GF Score™ is 68/100 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 Titas Gas Transmission and Distribution (DHA:TITASGAS), the current Quick Ratio is 1.09 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 Titas Gas Transmission and Distribution (DHA:TITASGAS) Overvalued in 2026?
Based on GuruFocus' analysis, Titas Gas Transmission and Distribution stock appears to be undervalued.
The current stock price of BDT17.80 is trading 23.8% below its estimated GF Value™ of BDT23.36.
GuruFocus considers Titas Gas Transmission and Distribution to be Modestly Undervalued.
Key valuation signals for DHA:TITASGAS:
Quick Ratio: 1.09 (14% below median its 10-year median of 1.27)
GF Value™: BDT23.36 vs. price of BDT17.80 (23.8% below fair value)
Industry Position: 8.5% above the Utilities - Regulated median (#224 of 508)
No single metric tells the full story. See the DHA:TITASGAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Titas Gas Transmission and Distribution Business Description
Titas Gas Transmission and Distribution PLC is principally engaged in the business of natural gas distribution. The company aims to transmit natural gas from the gas fields to different areas to distribute the same to the consumers in power, fertilizer, industrial, commercial, captive power, feed gas for CNG, and domestic categories within its franchise areas, viz. greater Dhaka & Mymensingh districts. The company supplies gas to power stations, fertilizer factories, industries, commercial users, captive power plants, compressed natural gas stations, and households through an extensive pipeline network.
68GF Score
Get the complete analysis for DHA:TITASGAS
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DHA:TITASGAS has been successfully added to your 
