Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Reliance Industries has a Cash Ratio of 0.00. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Reliance Industries's Cash Ratio or its related term are showing as below:
CHIX:RIGDl'
s Cash Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.46 Max: 0.7
Current: 0.51
During the past 13 years, Reliance Industries's highest Cash Ratio was 0.70. The lowest was 0.21. And the median was 0.46.
CHIX:RIGDl's Cash Ratio is ranked better than 53.63% of 977
companies
in the Oil & Gas industry
Industry Median: 0.45
vs CHIX:RIGDl: 0.51
Reliance Industries (CHIX:RIGDl) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Reliance Industries Cash Ratio Related Terms
Reliance Industries Cash Ratio Historical Data
* Premium members only.
The historical data trend for Reliance Industries's Cash 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.
CHIX:RIGDL vs MPC, VLO, PSX: Cash Ratio Comparison
For the Oil & Gas Refining & Marketing subindustry, Reliance Industries's Cash Ratio, along with its competitors' market caps and Cash 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.
Reliance Industries Cash Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Reliance Industries's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Reliance Industries's Cash Ratio falls into.
* 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.
Reliance Industries (CHIX:RIGDL) has a Cash Ratio of 0.00 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Reliance Industries and its competitors. Over the past decade, Reliance Industries' Cash Ratio has ranged from 0.21 to 0.70. According to the industry distribution chart, Reliance Industries ranks #453 out of 977 companies in the Oil & Gas industry, placing it in the top 46.4%.
Is Reliance Industries' Cash Ratio too high?
Reliance Industries' current Cash Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.70. Based on the distribution chart, Reliance Industries ranks #453 out of 977 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Reliance Industries has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reliance Industries' Cash Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Reliance Industries ranks #453 out of 977 companies for Cash Ratio. This puts Reliance Industries in the upper half of its industry. The industry median Cash Ratio is 0.45. Historically, Reliance Industries' own Cash Ratio has ranged from 0.21 to 0.70 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Oil & Gas company?
The median Cash Ratio among Oil & Gas companies is 0.45, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Reliance Industries and its competitors. For the Oil & Gas industry, the median Cash Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Industries's current Cash Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Industries stock overvalued right now?
Based on GuruFocus' analysis, Reliance Industries (CHIX:RIGDL) is currently considered Modestly Undervalued. The stock's GF Value™ is $69.19, compared to a current price of $54.90 — trading 20.7% below its estimated fair value. The current Cash Ratio is 0.00. Reliance Industries' overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Reliance Industries (CHIX:RIGDL), the current Cash Ratio is 0.00 as of Jun. 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 Reliance Industries (CHIX:RIGDL) Overvalued in 2026?
Based on GuruFocus' analysis, Reliance Industries stock appears to be undervalued.
The current stock price of $54.90 is trading 20.7% below its estimated GF Value™ of $69.19.
GuruFocus considers Reliance Industries to be Modestly Undervalued.
Key valuation signals for CHIX:RIGDL:
Cash Ratio: 0.00
GF Value™: $69.19 vs. price of $54.90 (20.7% below fair value)
No single metric tells the full story. See the CHIX:RIGDL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reliance Industries Ltd is engaged in hydrocarbon exploration and production, refining and marketing, petrochemicals, financial services, retail, and communications. The company has five principal operating and reporting segments: Oil to Chemicals (O2C), Oil and Gas, Retail, Digital Services, and other services. Reliance's refineries produce a range of petroleum products that find use as fuel variants, feedstock, and fuel for power and cement plants. Fuels produced in refineries are exported to several countries and can be processed into any grade of gasoline or diesel. The Oil to Chemicals segment, which derives the majority of revenue, includes Refining, Petrochemicals, fuel retailing through Reliance BP Mobility Limited, aviation fuel, and bulk wholesale marketing.
84GF Score
Get the complete analysis for CHIX:RIGDL
Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:RIGDL has been successfully added to your 
