NCEW (New Century Logistics (BVI)) Quick Ratio: 1.56 (As of Mar. 2026) — Near Median

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NCEW New Century Logistics (BVI) Ltd NCEW
15 GF Score
Price $16.81
! 6 Warning Signs
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What is New Century Logistics (BVI) Quick Ratio?

New Century Logistics (BVI) NCEW +3.77% 15 Quick Ratio is 1.56 as of Mar. 2026, which is 3% above its 10-year median of 1.51. GuruFocus rates NCEW with a GF Score™ of 15/100. The stock has 6 warning signs investors should review. Among 1,004 Transportation companies, New Century Logistics (BVI) ranks better than 55.48% 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. New Century Logistics (BVI)'s quick ratio for the quarter that ended in Mar. 2026 was 1.56.

New Century Logistics (BVI) has a quick ratio of 1.56. It generally indicates good short-term financial strength.

The historical rank and industry rank for New Century Logistics (BVI)'s Quick Ratio or its related term are showing as below:

NCEW' s Quick Ratio Range Over the Past 10 Years
Min: 1.45   Med: 1.51   Max: 2.27
Current: 1.56

During the past 5 years, New Century Logistics (BVI)'s highest Quick Ratio was 2.27. The lowest was 1.45. And the median was 1.51.

NCEW's Quick Ratio is ranked better than
55.48% of 1004 companies
in the Transportation industry
Industry Median: 1.345 vs NCEW: 1.56

New Century Logistics (BVI)  (NAS:NCEW) 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.


New Century Logistics (BVI) Quick Ratio Related Terms


New Century Logistics (BVI) Quick Ratio Historical Data

* Premium members only.

The historical data trend for New Century Logistics (BVI)'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.

New Century Logistics (BVI) Quick Ratio Chart

New Century Logistics (BVI) Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Quick Ratio
2.00 2.04 1.48 1.46 1.47

New Century Logistics (BVI) Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 1.46 2.27 1.47 1.56

NCEW vs JANL, CRGO, SFWL: Quick Ratio Comparison

For the Integrated Freight & Logistics subindustry, New Century Logistics (BVI)'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.


New Century Logistics (BVI) Quick Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, New Century Logistics (BVI)'s Quick Ratio distribution charts can be found below:

* The bar in red indicates where New Century Logistics (BVI)'s Quick Ratio falls into.


NCEW
15GF Score
New Century Logistics (BVI) Ltd NCEW
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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New Century Logistics (BVI) 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.

New Century Logistics (BVI)'s Quick Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Quick Ratio (A: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(13.192-0)/8.98
=1.47

New Century Logistics (BVI)'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
=(10.843-0)/6.959
=1.56

* 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 1.56 mean?
New Century Logistics (BVI) (NCEW) has a Quick Ratio of 1.56 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on New Century Logistics (BVI) and its competitors. This is near median its historical median of 1.51. Over the past decade, New Century Logistics (BVI)'s Quick Ratio has ranged from 1.45 to 2.27. According to the industry distribution chart, New Century Logistics (BVI) ranks #447 out of 1004 companies in the Transportation industry, placing it in the top 44.5%.
Is New Century Logistics (BVI)'s Quick Ratio too high?
New Century Logistics (BVI)'s current Quick Ratio of 1.56 is near median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 2.27. The Transportation industry median Quick Ratio is 1.35. New Century Logistics (BVI)'s value of 1.56 is 16% above this industry median. Based on the distribution chart, New Century Logistics (BVI) ranks #447 out of 1004 companies in the Transportation industry, which is above the industry midpoint. Overall, New Century Logistics (BVI) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does New Century Logistics (BVI)'s Quick Ratio compare to JANL and CRGO?
According to the Transportation industry distribution chart, New Century Logistics (BVI) ranks #447 out of 1004 companies for Quick Ratio. This puts New Century Logistics (BVI) in the upper half of its industry. The industry median Quick Ratio is 1.35. New Century Logistics (BVI)'s value of 1.56 is 16% above this benchmark. Historically, New Century Logistics (BVI)'s own Quick Ratio has ranged from 1.45 to 2.27 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 1.35, New Century Logistics (BVI) 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 a Transportation company?
The median Quick Ratio among Transportation companies is 1.35, based on 1,004 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. New Century Logistics (BVI)'s current Quick Ratio of 1.56 is 16% 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 New Century Logistics (BVI) and its competitors. For the Transportation industry, the median Quick Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Century Logistics (BVI)'s current Quick Ratio is 1.56, which is near median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Century Logistics (BVI) stock overvalued right now?
New Century Logistics (BVI) (NCEW) has a current Quick Ratio of 1.56. The current Quick Ratio is 1.56, which is near median its 10-year median of 1.51 and 16% above the Transportation industry median of 1.35. New Century Logistics (BVI)'s overall GF Score™ is 15/100 with 6 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 New Century Logistics (BVI) (NCEW), the current Quick Ratio is 1.56 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.

New Century Logistics (BVI) Business Description

Address 55 King Yip Street, Office A-E, 33rd Floor, King Palace Plaza, Kwun Tong, Kowloon, Hong Kong, HKG
New Century Logistics (BVI) Ltd is a freight forwarding service provider based in Hong Kong. The company offers air and ocean export and import freight forwarding services, including the sale of cargo space, cargo pickup, off-airport air cargo security screening, palletization, preparation of shipping documentation, arrangement of customs clearance, and cargo handling at ports. It provides a full range of logistics services supported by a robust international network that facilitates the movement of customers goods. Its services include Project Cargo, Warehousing & Distribution, Ocean Freight Import & Export, and Air Freight Import & Export. The company operates in the British Virgin Islands and Hong Kong, with the majority of its revenue generated from Hong Kong.
15GF Score

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