Ashapura LogisticsNSE:ASHALOG 17 Quick Ratio is 2.10 as of Mar. 2025, which is 47% above its 10-year median of 1.43. GuruFocus rates NSE:ASHALOG with a GF Score™ of 17/100. The stock has 5 warning signs investors should review. Among 1,010 Transportation companies, Ashapura Logistics ranks better than 73.17% on this metric.
Ashapura Logistics has a quick ratio of 2.10. It generally indicates good short-term financial strength.
The historical rank and industry rank for Ashapura Logistics's Quick Ratio or its related term are showing as below:
NSE:ASHALOG'
s Quick Ratio Range Over the Past 10 Years
Min: 1.2 Med: 1.43 Max: 2.1
Current: 2.1
During the past 5 years, Ashapura Logistics's highest Quick Ratio was 2.10. The lowest was 1.20. And the median was 1.43.
NSE:ASHALOG's Quick Ratio is ranked better than 73.17% of 1010
companies
in the Transportation industry
Industry Median: 1.37
vs NSE:ASHALOG: 2.10
Ashapura Logistics (NSE:ASHALOG) 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.
Ashapura Logistics Quick Ratio Related Terms
Ashapura Logistics Quick Ratio Historical Data
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The historical data trend for Ashapura Logistics'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.
NSE:ASHALOG vs FDX, UPS, JBHT: Quick Ratio Comparison
For the Integrated Freight & Logistics subindustry, Ashapura Logistics'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.
Ashapura Logistics Quick Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Ashapura Logistics's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Ashapura Logistics's Quick Ratio falls into.
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.
Ashapura Logistics's Quick Ratio for the fiscal year that ended in Mar. 2025 is calculated as
* 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.
Ashapura Logistics (NSE:ASHALOG) has a Quick Ratio of 2.10 as of Mar. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ashapura Logistics and its competitors. This is 47% above median its historical median of 1.43. Over the past decade, Ashapura Logistics' Quick Ratio has ranged from 1.20 to 2.10. According to the industry distribution chart, Ashapura Logistics ranks #271 out of 1010 companies in the Transportation industry, placing it in the top 26.8%.
Is Ashapura Logistics' Quick Ratio too high?
Ashapura Logistics' current Quick Ratio of 2.10 is 47% above median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 2.10. The Transportation industry median Quick Ratio is 1.37. Ashapura Logistics' value of 2.10 is 53.3% above this industry median. Based on the distribution chart, Ashapura Logistics ranks #271 out of 1010 companies in the Transportation industry, which is above the industry midpoint. Overall, Ashapura Logistics has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Ashapura Logistics' Quick Ratio compare to FDX and UPS?
According to the Transportation industry distribution chart, Ashapura Logistics ranks #271 out of 1010 companies for Quick Ratio. This puts Ashapura Logistics in the upper half of its industry. The industry median Quick Ratio is 1.37. Ashapura Logistics' value of 2.10 is 53.3% above this benchmark. Historically, Ashapura Logistics' own Quick Ratio has ranged from 1.20 to 2.10 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 1.37, Ashapura Logistics 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 1.37, based on 1,010 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. Ashapura Logistics's current Quick Ratio of 2.10 is 53.3% 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 Ashapura Logistics and its competitors. For the Transportation industry, the median Quick Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashapura Logistics's current Quick Ratio is 2.10, which is 47% above median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashapura Logistics stock overvalued right now?
Ashapura Logistics (NSE:ASHALOG) has a current Quick Ratio of 2.10. The current Quick Ratio is 2.10, which is 47% above median its 10-year median of 1.43 and 53.3% above the Transportation industry median of 1.37. Ashapura Logistics' overall GF Score™ is 17/100 with 5 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 Ashapura Logistics (NSE:ASHALOG), the current Quick Ratio is 2.10 as of Mar. 2025. 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.
Ashapura Logistics Ltd is an integrated logistics company in India. It operates in (i) Cargo handling and freight forwarding segment; (ii) Transportation (including project logistics and third-party logistics (3PL)); (iii) Warehousing and Distribution and (iv) other services (including coastal movement). The transportation business segment generated key revenue for the company.
17GF Score
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