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Leap IndiaNSE:LEAPIND +4.10%17 Quick Ratio is 1.08 as of Mar. 2026, which is 8% below its 10-year median of 1.18. GuruFocus rates NSE:LEAPIND with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 1,014 Transportation companies, Leap India ranks worse than 61.93% 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. Leap India's quick ratio for the quarter that ended in Mar. 2026 was 1.08.
Leap India has a quick ratio of 1.08. It generally indicates good short-term financial strength.
The historical rank and industry rank for Leap India's Quick Ratio or its related term are showing as below:
NSE:LEAPIND'
s Quick Ratio Range Over the Past 10 Years
Min: 0.7 Med: 1.18 Max: 1.29
Current: 1.08
During the past 4 years, Leap India's highest Quick Ratio was 1.29. The lowest was 0.70. And the median was 1.18.
NSE:LEAPIND's Quick Ratio is ranked worse than 61.93% of 1014
companies
in the Transportation industry
Industry Median: 1.33
vs NSE:LEAPIND: 1.08
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.
Leap India Quick Ratio Related Terms
Leap India Quick Ratio Historical Data
* Premium members only.
The historical data trend for Leap India'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.
Leap India Quick Ratio Chart
Leap India Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Quick Ratio
0.70
1.29
1.27
1.08
Leap India Quarterly Data
Mar23
Mar24
Mar25
Mar26
Quick Ratio
0.70
1.29
1.27
1.08
NSE:LEAPIND vs UPS, FDX, EXPD: Quick Ratio Comparison
For the Integrated Freight & Logistics subindustry, Leap India'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.
Leap India Quick Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Leap India's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Leap India'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.
Leap India'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.
Leap India (NSE:LEAPIND) has a Quick Ratio of 1.08 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Leap India and its competitors. This is near median its historical median of 1.18. Over the past decade, Leap India's Quick Ratio has ranged from 0.70 to 1.29. According to the industry distribution chart, Leap India ranks #628 out of 1014 companies in the Transportation industry, placing it in the top 61.9%.
Is Leap India's Quick Ratio too high?
Leap India's current Quick Ratio of 1.08 is near median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.29. The Transportation industry median Quick Ratio is 1.33. Leap India's value of 1.08 is 18.8% below this industry median. Based on the distribution chart, Leap India ranks #628 out of 1014 companies in the Transportation industry, which is below the industry midpoint. Overall, Leap India has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Leap India's Quick Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Leap India ranks #628 out of 1014 companies for Quick Ratio. This places Leap India in the lower half of its industry. The industry median Quick Ratio is 1.33. Leap India's value of 1.08 is 18.8% below this benchmark. Historically, Leap India's own Quick Ratio has ranged from 0.70 to 1.29 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.33, Leap India 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 1.33, based on 1,014 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. Leap India's current Quick Ratio of 1.08 is 18.8% 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 Leap India and its competitors. For the Transportation industry, the median Quick Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leap India's current Quick Ratio is 1.08, which is near median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leap India stock overvalued right now?
Leap India (NSE:LEAPIND) has a current Quick Ratio of 1.08. The current Quick Ratio is 1.08, which is near median its 10-year median of 1.18 and 18.8% below the Transportation industry median of 1.33. Leap India's overall GF Score™ is 17/100 with 1 warning sign 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 Leap India (NSE:LEAPIND), the current Quick Ratio is 1.08 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.
Leap India Ltd provides technology-enabled supply chain solutions for the automotive and fast-moving consumer goods (FMCG) industries. Its services include asset pooling, warehousing, storage, transportation, and packaging solutions, using products such as pallets and containers. The company's solutions support the movement of goods across the supply chain, from manufacturing and distribution to retail. The company falls within a single operating segment of pooling (for hire), trading of pallets and crates and services. The amjority of revenue is derived from the pallet pooling business.
17GF Score
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