Classic Electrodes (India) (NSE:CLASSICEIL) Cash Ratio: 0.14 (As of Mar. 2026) — 367% Above Median

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NSE:CLASSICEIL Classic Electrodes (India) Ltd NSE:CLASSICEIL
15 GF Score
Price ₹54.15
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What is Classic Electrodes (India) Cash Ratio?

Classic Electrodes (India) NSE:CLASSICEIL -4.92% 15 Cash Ratio is 0.14 as of Mar. 2026, which is 367% above its 10-year median of 0.03. GuruFocus rates NSE:CLASSICEIL with a GF Score™ of 15/100. Among 3,029 Industrial Products companies, Classic Electrodes (India) ranks worse than 84.48% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Classic Electrodes (India)'s Cash Ratio for the quarter that ended in Mar. 2026 was 0.14.

Classic Electrodes (India) has a Cash Ratio of 0.14. 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 Classic Electrodes (India)'s Cash Ratio or its related term are showing as below:

NSE:CLASSICEIL' s Cash Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.03   Max: 0.14
Current: 0.14

During the past 5 years, Classic Electrodes (India)'s highest Cash Ratio was 0.14. The lowest was 0.02. And the median was 0.03.

NSE:CLASSICEIL's Cash Ratio is ranked worse than
84.48% of 3029 companies
in the Industrial Products industry
Industry Median: 0.52 vs NSE:CLASSICEIL: 0.14

Classic Electrodes (India)  (NSE:CLASSICEIL) 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.


Classic Electrodes (India) Cash Ratio Related Terms


Classic Electrodes (India) Cash Ratio Historical Data

* Premium members only.

The historical data trend for Classic Electrodes (India)'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.

Classic Electrodes (India) Cash Ratio Chart

Classic Electrodes (India) Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Cash Ratio
0.02 0.02 0.03 0.00 0.14

Classic Electrodes (India) Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Cash Ratio Get a 7-Day Free Trial 0.03 0.00 0.00 0.04 0.14

NSE:CLASSICEIL vs VRT, BE: Cash Ratio Comparison

For the Electrical Equipment & Parts subindustry, Classic Electrodes (India)'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.


Classic Electrodes (India) Cash Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Classic Electrodes (India)'s Cash Ratio distribution charts can be found below:

* The bar in red indicates where Classic Electrodes (India)'s Cash Ratio falls into.


NSE:CLASSICEIL
15GF Score
Classic Electrodes (India) Ltd NSE:CLASSICEIL
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Classic Electrodes (India) Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Classic Electrodes (India)'s Cash Ratio for the fiscal year that ended in Mar. 2026 is calculated as:

Cash Ratio (A: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=50.39/372.667
=0.14

Classic Electrodes (India)'s Cash Ratio for the quarter that ended in Mar. 2026 is calculated as:

Cash Ratio (Q: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=50.39/372.667
=0.14

* 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 Cash Ratio →
What does a Cash Ratio of 0.14 mean?
Classic Electrodes (India) (NSE:CLASSICEIL) has a Cash Ratio of 0.14 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Classic Electrodes (India) and its competitors. This is 367% above median its historical median of 0.03. Over the past decade, Classic Electrodes (India)'s Cash Ratio has ranged from 0.02 to 0.14. According to the industry distribution chart, Classic Electrodes (India) ranks #2559 out of 3029 companies in the Industrial Products industry, placing it in the top 84.5%.
Is Classic Electrodes (India)'s Cash Ratio too high?
Classic Electrodes (India)'s current Cash Ratio of 0.14 is 367% above median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.14. The Industrial Products industry median Cash Ratio is 0.52. Classic Electrodes (India)'s value of 0.14 is 73.1% below this industry median. Based on the distribution chart, Classic Electrodes (India) ranks #2559 out of 3029 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Classic Electrodes (India) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Classic Electrodes (India)'s Cash Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Classic Electrodes (India) ranks #2559 out of 3029 companies for Cash Ratio. This places Classic Electrodes (India) in the lower half of its industry. The industry median Cash Ratio is 0.52. Classic Electrodes (India)'s value of 0.14 is 73.1% below this benchmark. Historically, Classic Electrodes (India)'s own Cash Ratio has ranged from 0.02 to 0.14 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 0.52, Classic Electrodes (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 Cash Ratio for an Industrial Products company?
The median Cash Ratio among Industrial Products companies is 0.52, based on 3,029 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. Classic Electrodes (India)'s current Cash Ratio of 0.14 is 73.1% 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 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 Classic Electrodes (India) and its competitors. For the Industrial Products industry, the median Cash Ratio is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Classic Electrodes (India)'s current Cash Ratio is 0.14, which is 367% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Electrodes (India) stock overvalued right now?
Classic Electrodes (India) (NSE:CLASSICEIL) has a current Cash Ratio of 0.14. The current Cash Ratio is 0.14, which is 367% above median its 10-year median of 0.03 and 73.1% below the Industrial Products industry median of 0.52. Classic Electrodes (India)'s overall GF Score™ is 15/100. 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 Classic Electrodes (India) (NSE:CLASSICEIL), the current Cash Ratio is 0.14 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.

Classic Electrodes (India) Business Description

Address Plot BG-12 AA-1 B, Unit 201, 2nd Floor, Bus terminus and commercial complex, New Town, North 24 Parganas, New Town, WB, IND, 700156
Classic Electrodes (India) Ltd is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. It provides a wide range of product offerings including General Purpose Electrodes, Low Alloy Electrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes, Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc. It is focused on alloy and process development, quality and design, which has allowed the company to develop products suited to its customers' requirements. It has expertise to design, develop and manufacture complex and specialized industrial equipment and components for OEM's and end user industries.
15GF Score

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