Gujarat Mineral DevelopmentNSE:GMDCLTD -1.79%63 Cash Ratio is 2.60 as of Mar. 2026, which is 983% above its 10-year median of 0.24. GuruFocus rates NSE:GMDCLTD with a GF Score™ of 63/100 and a GF Value™ of ₹372.36 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 181 Other Energy Sources companies, Gujarat Mineral Development ranks better than 67.96% on this metric.
Gujarat Mineral Development has a Cash Ratio of 2.60. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for Gujarat Mineral Development's Cash Ratio or its related term are showing as below:
NSE:GMDCLTD'
s Cash Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.24 Max: 2.6
Current: 2.6
During the past 13 years, Gujarat Mineral Development's highest Cash Ratio was 2.60. The lowest was 0.15. And the median was 0.24.
NSE:GMDCLTD's Cash Ratio is ranked better than 67.96% of 181
companies
in the Other Energy Sources industry
Industry Median: 0.91
vs NSE:GMDCLTD: 2.60
Gujarat Mineral Development (NSE:GMDCLTD) 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.
Gujarat Mineral Development Cash Ratio Related Terms
Gujarat Mineral Development Cash 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.
Gujarat Mineral Development Cash Ratio Competitor Comparison
For the Thermal Coal subindustry, Gujarat Mineral Development'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.
Gujarat Mineral Development Cash Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Gujarat Mineral Development's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Gujarat Mineral Development'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.
Gujarat Mineral Development (NSE:GMDCLTD) has a Cash Ratio of 2.60 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Gujarat Mineral Development and its competitors. This is 983% above median its historical median of 0.24. Over the past decade, Gujarat Mineral Development's Cash Ratio has ranged from 0.15 to 2.60. According to the industry distribution chart, Gujarat Mineral Development ranks #58 out of 181 companies in the Other Energy Sources industry, placing it in the top 32%.
Is Gujarat Mineral Development's Cash Ratio too high?
Gujarat Mineral Development's current Cash Ratio of 2.60 is 983% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 2.60. The Other Energy Sources industry median Cash Ratio is 0.91. Gujarat Mineral Development's value of 2.60 is 185.7% above this industry median. Based on the distribution chart, Gujarat Mineral Development ranks #58 out of 181 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Gujarat Mineral Development has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Mineral Development's Cash Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, Gujarat Mineral Development ranks #58 out of 181 companies for Cash Ratio. This puts Gujarat Mineral Development in the upper half of its industry. The industry median Cash Ratio is 0.91. Gujarat Mineral Development's value of 2.60 is 185.7% above this benchmark. Historically, Gujarat Mineral Development's own Cash Ratio has ranged from 0.15 to 2.60 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.91, Gujarat Mineral Development 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 Cash Ratio for an Other Energy Sources company?
The median Cash Ratio among Other Energy Sources companies is 0.91, based on 181 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. Gujarat Mineral Development's current Cash Ratio of 2.60 is 185.7% 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 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 Gujarat Mineral Development and its competitors. For the Other Energy Sources industry, the median Cash Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Mineral Development's current Cash Ratio is 2.60, which is 983% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Mineral Development stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Mineral Development (NSE:GMDCLTD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹372.36, compared to a current price of ₹586.30 — trading 57.5% above its estimated fair value. The current Cash Ratio is 2.60, which is 983% above median its 10-year median of 0.24 and 185.7% above the Other Energy Sources industry median of 0.91. Gujarat Mineral Development's overall GF Score™ is 63/100 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 Gujarat Mineral Development (NSE:GMDCLTD), the current Cash Ratio is 2.60 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 Gujarat Mineral Development (NSE:GMDCLTD) Overvalued in 2026?
Based on GuruFocus' analysis, Gujarat Mineral Development stock appears to be overvalued.
The current stock price of ₹586.30 is trading 57.5% above its estimated GF Value™ of ₹372.36.
GuruFocus considers Gujarat Mineral Development to be Significantly Overvalued.
Key valuation signals for NSE:GMDCLTD:
Cash Ratio: 2.60 (983% above median its 10-year median of 0.24)
GF Value™: ₹372.36 vs. price of ₹586.30 (57.5% above fair value)
Industry Position: 185.7% above the Other Energy Sources median (#58 of 181)
No single metric tells the full story. See the NSE:GMDCLTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gujarat Mineral Development Corp Ltd is a mineral resource mining company. Its operations include lignite mining, bauxite mining, fluorspar mining, manganese mining, and power generation. The company's segments include Mining and Power. The majority of its revenue is derived from the Mining segment which engages in the mining and sale of manganese, bauxite, limestone, silica sand, and others. Geographically, the company operates only in India.
63GF Score
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