Great Eastern Shipping Co (NSE:GESHIP) Quick Ratio: 6.93 (As of Mar. 2026) — 107% Above Median


NSE:GESHIP Great Eastern Shipping Co Ltd NSE:GESHIP
75 GF Score
Price ₹1,523.20
GF Value ₹1,123.91
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Great Eastern Shipping Co Quick Ratio?

Great Eastern Shipping Co NSE:GESHIP +1.61% 75 Quick Ratio is 6.93 as of Mar. 2026, which is 107% above its 10-year median of 3.35. GuruFocus rates NSE:GESHIP with a GF Score™ of 75/100 and a GF Value™ of ₹1,123.91 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,002 Transportation companies, Great Eastern Shipping Co ranks better than 95.41% 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. Great Eastern Shipping Co's quick ratio for the quarter that ended in Mar. 2026 was 6.93.

Great Eastern Shipping Co has a quick ratio of 6.93. It generally indicates good short-term financial strength.

The historical rank and industry rank for Great Eastern Shipping Co's Quick Ratio or its related term are showing as below:

NSE:GESHIP' s Quick Ratio Range Over the Past 10 Years
Min: 1.96   Med: 3.35   Max: 6.93
Current: 6.93

During the past 13 years, Great Eastern Shipping Co's highest Quick Ratio was 6.93. The lowest was 1.96. And the median was 3.35.

NSE:GESHIP's Quick Ratio is ranked better than
95.41% of 1002 companies
in the Transportation industry
Industry Median: 1.355 vs NSE:GESHIP: 6.93

Great Eastern Shipping Co  (NSE:GESHIP) 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.


Great Eastern Shipping Co Quick Ratio Related Terms


Great Eastern Shipping Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Great Eastern Shipping Co'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.

Great Eastern Shipping Co Quick Ratio Chart

Great Eastern Shipping Co 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 3.24 4.38 5.27 6.28 6.93

Great Eastern Shipping Co 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 6.28 0.00 7.38 0.00 6.93

Great Eastern Shipping Co Quick Ratio Competitor Comparison

For the Marine Shipping subindustry, Great Eastern Shipping Co'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.


Great Eastern Shipping Co Quick Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Great Eastern Shipping Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Great Eastern Shipping Co's Quick Ratio falls into.


NSE:GESHIP
75GF Score
Great Eastern Shipping Co Ltd NSE:GESHIP
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Great Eastern Shipping Co 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.

Great Eastern Shipping Co'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
=(98325.7-2859.1)/13784.8
=6.93

Great Eastern Shipping Co'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
=(98325.7-2859.1)/13784.8
=6.93

* 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 6.93 mean?
Great Eastern Shipping Co (NSE:GESHIP) has a Quick Ratio of 6.93 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Great Eastern Shipping Co and its competitors. This is 107% above median its historical median of 3.35. Over the past decade, Great Eastern Shipping Co's Quick Ratio has ranged from 1.96 to 6.93. According to the industry distribution chart, Great Eastern Shipping Co ranks #46 out of 1002 companies in the Transportation industry, placing it in the top 4.6%.
Is Great Eastern Shipping Co's Quick Ratio too high?
Great Eastern Shipping Co's current Quick Ratio of 6.93 is 107% above median its 10-year median of 3.35. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 6.93. The Transportation industry median Quick Ratio is 1.36. Great Eastern Shipping Co's value of 6.93 is 411.4% above this industry median. Based on the distribution chart, Great Eastern Shipping Co ranks #46 out of 1002 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Great Eastern Shipping Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Great Eastern Shipping Co's Quick Ratio compare to competitors?
According to the Transportation industry distribution chart, Great Eastern Shipping Co ranks #46 out of 1002 companies for Quick Ratio. This places Great Eastern Shipping Co in the top 5% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.36. Great Eastern Shipping Co's value of 6.93 is 411.4% above this benchmark. Historically, Great Eastern Shipping Co's own Quick Ratio has ranged from 1.96 to 6.93 over the past decade. While the company's 10-year median is 3.35 vs. the industry median of 1.36, Great Eastern Shipping Co 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 1.36, 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. Great Eastern Shipping Co's current Quick Ratio of 6.93 is 411.4% 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 Great Eastern Shipping Co 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. Great Eastern Shipping Co's current Quick Ratio is 6.93, which is 107% above median its own 10-year median of 3.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Eastern Shipping Co stock overvalued right now?
Based on GuruFocus' analysis, Great Eastern Shipping Co (NSE:GESHIP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,123.91, compared to a current price of ₹1,523.20 — trading 35.5% above its estimated fair value. The current Quick Ratio is 6.93, which is 107% above median its 10-year median of 3.35 and 411.4% above the Transportation industry median of 1.36. Great Eastern Shipping Co's overall GF Score™ is 75/100 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 Great Eastern Shipping Co (NSE:GESHIP), the current Quick Ratio is 6.93 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 Great Eastern Shipping Co (NSE:GESHIP) Overvalued in 2026?

Based on GuruFocus' analysis, Great Eastern Shipping Co stock appears to be overvalued. The current stock price of ₹1,523.20 is trading 35.5% above its estimated GF Value™ of ₹1,123.91. GuruFocus considers Great Eastern Shipping Co to be Significantly Overvalued.

Key valuation signals for NSE:GESHIP:

  • Quick Ratio: 6.93 (107% above median its 10-year median of 3.35)
  • GF Value™: ₹1,123.91 vs. price of ₹1,523.20 (35.5% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 411.4% above the Transportation median (#46 of 1002)

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


Great Eastern Shipping Co Business Description

Other Exchanges 500620:India
Address Dr. Annie Besant Road, 134/A, Ocean House, Worli, Mumbai, MH, IND, 400 018
Great Eastern Shipping Co Ltd is a shipping company. The company is involved in the bulk shipping business such as transportation of crude oil, petroleum products, gas, and dry bulk commodities.
75GF Score

Get the complete analysis for NSE:GESHIP

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

₹1,523.20
Price
₹1,123.91
GF Value