Rapid Fleet Management Services has a quick ratio of 2.26. It generally indicates good short-term financial strength.
The historical rank and industry rank for Rapid Fleet Management Services's Quick Ratio or its related term are showing as below:
NSE:RAPIDFLEET's Quick Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.35 * Ranked among companies with meaningful Quick Ratio only.
Rapid Fleet Management Services (NSE:RAPIDFLEET) 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.
Rapid Fleet Management Services Quick Ratio Related Terms
Rapid Fleet Management Services Quick Ratio Historical Data
* 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.
Rapid Fleet Management Services Quick Ratio Chart
Rapid Fleet Management Services Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Quick Ratio
1.02
0.91
0.96
2.26
Rapid Fleet Management Services Semi-Annual Data
Mar22
Mar23
Mar24
Sep24
Mar25
Quick Ratio
1.02
0.91
0.96
1.35
2.26
NSE:RAPIDFLEET vs ODFL, XPO, SAIA: Quick Ratio Comparison
For the Trucking subindustry, Rapid Fleet Management Services'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.
Rapid Fleet Management Services Quick Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Rapid Fleet Management Services's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Rapid Fleet Management Services's Quick Ratio falls into.
Rapid Fleet Management Services 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.
* 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.
Rapid Fleet Management Services (NSE:RAPIDFLEET) has a Quick Ratio of 2.26 as of Mar. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Rapid Fleet Management Services and its competitors.
Is Rapid Fleet Management Services' Quick Ratio too high?
Rapid Fleet Management Services' current Quick Ratio is 2.26. The Transportation industry median Quick Ratio is 1.35. Rapid Fleet Management Services' value of 2.26 is 67.4% above this industry median. Overall, Rapid Fleet Management Services has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Rapid Fleet Management Services' Quick Ratio compare to ODFL and XPO?
Rapid Fleet Management Services' Quick Ratio of 2.26 can be compared against companies in the Transportation industry. The industry median Quick Ratio is 1.35. Rapid Fleet Management Services' value of 2.26 is 67.4% above this benchmark. 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 1,001 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. Rapid Fleet Management Services's current Quick Ratio of 2.26 is 67.4% 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 Rapid Fleet Management Services 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. Rapid Fleet Management Services's current Quick Ratio is 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rapid Fleet Management Services stock overvalued right now?
Rapid Fleet Management Services (NSE:RAPIDFLEET) has a current Quick Ratio of 2.26. The current Quick Ratio is 2.26 and 67.4% above the Transportation industry median of 1.35. Rapid Fleet Management Services' overall GF Score™ is 18/100. 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 Rapid Fleet Management Services (NSE:RAPIDFLEET), the current Quick Ratio is 2.26 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.
Rapid Fleet Management Services Business Description
Rapid Fleet Management Services Ltd is a Chennai based company engaged in the business of providing logistics services tailored to the diverse needs of its B2B and B2C clientele. The company is engaged in road transportation. Its process begins with order booking, followed by route planning to optimize efficiency. The company own a fleet of trucks, it own approximately 226 Vehicles, which is been used by the company to provide logistics services. It serves a wide array of industries, including but not limited to Tyre, Logistics, Electronics, FMCG, Renewable, Durables, FNB, Chemicals.
18GF Score
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