Honda Atlas Cars Pakistan (KAR:HCAR) Quick Ratio: 0.69 (As of Mar. 2026) — 33% Below Median


KAR:HCAR Honda Atlas Cars Pakistan Ltd KAR:HCAR
57 GF Score
Price ₨240.45
GF Value ₨461.77
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Honda Atlas Cars Pakistan Quick Ratio?

Honda Atlas Cars Pakistan KAR:HCAR 57 Quick Ratio is 0.69 as of Mar. 2026, which is 33% below its 10-year median of 1.03. GuruFocus rates KAR:HCAR with a GF Score™ of 57/100 and a GF Value™ of ₨461.77 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Honda Atlas Cars Pakistan ranks worse than 75.77% 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. Honda Atlas Cars Pakistan's quick ratio for the quarter that ended in Mar. 2026 was 0.69.

Honda Atlas Cars Pakistan has a quick ratio of 0.69. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Honda Atlas Cars Pakistan's Quick Ratio or its related term are showing as below:

KAR:HCAR' s Quick Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.03   Max: 1.25
Current: 0.69

During the past 13 years, Honda Atlas Cars Pakistan's highest Quick Ratio was 1.25. The lowest was 0.69. And the median was 1.03.

KAR:HCAR's Quick Ratio is ranked worse than
75.77% of 1337 companies
in the Vehicles & Parts industry
Industry Median: 1.05 vs KAR:HCAR: 0.69

Honda Atlas Cars Pakistan  (KAR:HCAR) 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.


Honda Atlas Cars Pakistan Quick Ratio Related Terms


Honda Atlas Cars Pakistan Quick Ratio Historical Data

* Premium members only.

The historical data trend for Honda Atlas Cars Pakistan'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.

Honda Atlas Cars Pakistan Quick Ratio Chart

Honda Atlas Cars Pakistan Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.99 0.81 1.09 0.69

Honda Atlas Cars Pakistan 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 1.09 1.03 0.79 0.65 0.69

KAR:HCAR vs TSLA, GM, F: Quick Ratio Comparison

For the Auto Manufacturers subindustry, Honda Atlas Cars Pakistan'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.


Honda Atlas Cars Pakistan Quick Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Honda Atlas Cars Pakistan's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Honda Atlas Cars Pakistan's Quick Ratio falls into.


KAR:HCAR
57GF Score
Honda Atlas Cars Pakistan Ltd KAR:HCAR
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Honda Atlas Cars Pakistan 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.

Honda Atlas Cars Pakistan's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(50000.151-28465.87)/31322.445
=0.69

Honda Atlas Cars Pakistan'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
=(50000.151-28465.87)/31322.445
=0.69

* 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 0.69 mean?
Honda Atlas Cars Pakistan (KAR:HCAR) has a Quick Ratio of 0.69 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Honda Atlas Cars Pakistan and its competitors. This is 33% below median its historical median of 1.03. Over the past decade, Honda Atlas Cars Pakistan's Quick Ratio has ranged from 0.69 to 1.25. According to the industry distribution chart, Honda Atlas Cars Pakistan ranks #1013 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 75.8%.
Is Honda Atlas Cars Pakistan's Quick Ratio too high?
Honda Atlas Cars Pakistan's current Quick Ratio of 0.69 is 33% below median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.25. The Vehicles & Parts industry median Quick Ratio is 1.05. Honda Atlas Cars Pakistan's value of 0.69 is 34.3% below this industry median. Based on the distribution chart, Honda Atlas Cars Pakistan ranks #1013 out of 1337 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Honda Atlas Cars Pakistan has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honda Atlas Cars Pakistan's Quick Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Honda Atlas Cars Pakistan ranks #1013 out of 1337 companies for Quick Ratio. This places Honda Atlas Cars Pakistan in the lower half of its industry. The industry median Quick Ratio is 1.05. Honda Atlas Cars Pakistan's value of 0.69 is 34.3% below this benchmark. Historically, Honda Atlas Cars Pakistan's own Quick Ratio has ranged from 0.69 to 1.25 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.05, Honda Atlas Cars Pakistan 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 Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.05, based on 1,337 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. Honda Atlas Cars Pakistan's current Quick Ratio of 0.69 is 34.3% 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 Honda Atlas Cars Pakistan and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honda Atlas Cars Pakistan's current Quick Ratio is 0.69, which is 33% below median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honda Atlas Cars Pakistan stock overvalued right now?
Based on GuruFocus' analysis, Honda Atlas Cars Pakistan (KAR:HCAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₨461.77, compared to a current price of ₨240.45 — trading 47.9% below its estimated fair value. The current Quick Ratio is 0.69, which is 33% below median its 10-year median of 1.03 and 34.3% below the Vehicles & Parts industry median of 1.05. Honda Atlas Cars Pakistan's overall GF Score™ is 57/100 with 2 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 Honda Atlas Cars Pakistan (KAR:HCAR), the current Quick Ratio is 0.69 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 Honda Atlas Cars Pakistan (KAR:HCAR) Overvalued in 2026?

Based on GuruFocus' analysis, Honda Atlas Cars Pakistan stock appears to be undervalued. The current stock price of ₨240.45 is trading 47.9% below its estimated GF Value™ of ₨461.77. GuruFocus considers Honda Atlas Cars Pakistan to be Significantly Undervalued.

Key valuation signals for KAR:HCAR:

  • Quick Ratio: 0.69 (33% below median its 10-year median of 1.03)
  • GF Value™: ₨461.77 vs. price of ₨240.45 (47.9% below fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 34.3% below the Vehicles & Parts median (#1013 of 1337)

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


Honda Atlas Cars Pakistan Business Description

Address 1-Mcleod Road, Lahore, PB, PAK
Honda Atlas Cars Pakistan Ltd is engaged in assembling and progressive manufacturing and sale of Honda vehicles and spare parts. Its segments include the Manufacturing and Trading segment. The manufacturing segment relates to the sale of locally manufactured cars and parts, and the Trading segment relates to the trading of completely built units (CBUs) and parts. It offers car models, such as the Honda Accord, Honda CR-V, Honda CR-Z, Honda HR-V, and Honda City in various colors with technology features. Honda derives the majority of its revenue from the Manufacturing segment. Geographically, it operates in Pakistan, Thailand, and Japan.
57GF Score

Get the complete analysis for KAR:HCAR

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

₨240.45
Price
₨461.77
GF Value