Essar ShippingNSE:ESSARSHPNG -0.22%34 Quick Ratio is 0.04 as of Mar. 2026, which is 87% below its 10-year median of 0.30. GuruFocus rates NSE:ESSARSHPNG with a GF Score™ of 34/100 and a GF Value™ of ₹1.07 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,002 Transportation companies, Essar Shipping ranks worse than 99.6% 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. Essar Shipping's quick ratio for the quarter that ended in Mar. 2026 was 0.04.
Essar Shipping has a quick ratio of 0.04. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Essar Shipping's Quick Ratio or its related term are showing as below:
NSE:ESSARSHPNG'
s Quick Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.3 Max: 0.54
Current: 0.04
During the past 13 years, Essar Shipping's highest Quick Ratio was 0.54. The lowest was 0.04. And the median was 0.30.
NSE:ESSARSHPNG's Quick Ratio is ranked worse than 99.6% of 1002
companies
in the Transportation industry
Industry Median: 1.355
vs NSE:ESSARSHPNG: 0.04
Essar Shipping (NSE:ESSARSHPNG) 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.
Essar Shipping Quick Ratio Related Terms
Essar Shipping Quick Ratio Historical Data
* Premium members only.
The historical data trend for Essar Shipping'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.
For the Marine Shipping subindustry, Essar Shipping'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.
Essar Shipping Quick Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Essar Shipping's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Essar Shipping'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.
Essar Shipping's Quick Ratio for the fiscal year that ended in Mar. 2026 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.
Essar Shipping (NSE:ESSARSHPNG) has a Quick Ratio of 0.04 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Essar Shipping and its competitors. This is 87% below median its historical median of 0.30. Over the past decade, Essar Shipping's Quick Ratio has ranged from 0.04 to 0.54. According to the industry distribution chart, Essar Shipping ranks #998 out of 1002 companies in the Transportation industry, placing it in the top 99.6%.
Is Essar Shipping's Quick Ratio too high?
Essar Shipping's current Quick Ratio of 0.04 is 87% below median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.54. The Transportation industry median Quick Ratio is 1.36. Essar Shipping's value of 0.04 is 97% below this industry median. Based on the distribution chart, Essar Shipping ranks #998 out of 1002 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Essar Shipping has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Essar Shipping's Quick Ratio compare to competitors?
According to the Transportation industry distribution chart, Essar Shipping ranks #998 out of 1002 companies for Quick Ratio. This places Essar Shipping in the lower half of its industry. The industry median Quick Ratio is 1.36. Essar Shipping's value of 0.04 is 97% below this benchmark. Historically, Essar Shipping's own Quick Ratio has ranged from 0.04 to 0.54 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 1.36, Essar Shipping 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 Transportation company?
The median Quick Ratio among Transportation companies is 1.36, based on 1,002 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. Essar Shipping's current Quick Ratio of 0.04 is 97% 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 Essar Shipping and its competitors. For the Transportation industry, the median Quick Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Essar Shipping's current Quick Ratio is 0.04, which is 87% below median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essar Shipping stock overvalued right now?
Based on GuruFocus' analysis, Essar Shipping (NSE:ESSARSHPNG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1.07, compared to a current price of ₹23.11 — trading 2059.8% above its estimated fair value. The current Quick Ratio is 0.04, which is 87% below median its 10-year median of 0.30 and 97% below the Transportation industry median of 1.36. Essar Shipping's overall GF Score™ is 34/100 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 Essar Shipping (NSE:ESSARSHPNG), the current Quick Ratio is 0.04 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 Essar Shipping (NSE:ESSARSHPNG) Overvalued in 2026?
Based on GuruFocus' analysis, Essar Shipping stock appears to be overvalued.
The current stock price of ₹23.11 is trading 2059.8% above its estimated GF Value™ of ₹1.07.
GuruFocus considers Essar Shipping to be Significantly Overvalued.
Key valuation signals for NSE:ESSARSHPNG:
Quick Ratio: 0.04 (87% below median its 10-year median of 0.30)
GF Value™: ₹1.07 vs. price of ₹23.11 (2059.8% above fair value)
Industry Position: 97% below the Transportation median (#998 of 1002)
No single metric tells the full story. See the NSE:ESSARSHPNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Essar Shipping Ltd is engaged in fleet operating and chartering and operates in international and coastal voyages. The company is diversified across various sectors of Energy, Infrastructure, steel, and Services. The company operates in Fleet operations and chartering, oilfield services, and logistics services. The company generates maximum revenue from a single operating segment, namely the Shipping segment.
34GF Score
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