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Manipal Health EnterprisesNSE:MANIPALHOS -3.30%13 Cash Ratio is 0.84 as of Mar. 2026, which is at its 10-year median of 0.84. GuruFocus rates NSE:MANIPALHOS with a GF Score™ of 13/100. The stock has 1 warning sign investors should review. Among 670 Healthcare Providers & Services companies, Manipal Health Enterprises ranks better than 60.15% on this metric.
Manipal Health Enterprises has a Cash Ratio of 0.84. 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 Manipal Health Enterprises's Cash Ratio or its related term are showing as below:
NSE:MANIPALHOS'
s Cash Ratio Range Over the Past 10 Years
Min: 0.84 Med: 0.84 Max: 1.13
Current: 0.84
During the past 3 years, Manipal Health Enterprises's highest Cash Ratio was 1.13. The lowest was 0.84. And the median was 0.84.
NSE:MANIPALHOS's Cash Ratio is ranked better than 60.15% of 670
companies
in the Healthcare Providers & Services industry
Industry Median: 0.57
vs NSE:MANIPALHOS: 0.84
Manipal Health Enterprises (NSE:MANIPALHOS) 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.
Manipal Health Enterprises Cash Ratio Related Terms
Manipal Health Enterprises 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.
Manipal Health Enterprises Cash Ratio Chart
Manipal Health Enterprises Annual Data
Trend
Mar24
Mar25
Mar26
Cash Ratio
0.84
1.13
0.84
Manipal Health Enterprises Semi-Annual Data
Mar24
Mar25
Mar26
Cash Ratio
0.84
1.13
0.84
NSE:MANIPALHOS vs : Cash Ratio Comparison
For the Medical Care Facilities subindustry, Manipal Health Enterprises'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.
Manipal Health Enterprises Cash Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Manipal Health Enterprises's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Manipal Health Enterprises'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.
Manipal Health Enterprises (NSE:MANIPALHOS) has a Cash Ratio of 0.84 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Manipal Health Enterprises and its competitors. This is near median its historical median of 0.84. Over the past decade, Manipal Health Enterprises' Cash Ratio has ranged from 0.84 to 1.13. According to the industry distribution chart, Manipal Health Enterprises ranks #267 out of 670 companies in the Healthcare Providers & Services industry, placing it in the top 39.9%.
Is Manipal Health Enterprises' Cash Ratio too high?
Manipal Health Enterprises' current Cash Ratio of 0.84 is near median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 1.13. The Healthcare Providers & Services industry median Cash Ratio is 0.57. Manipal Health Enterprises' value of 0.84 is 47.4% above this industry median. Based on the distribution chart, Manipal Health Enterprises ranks #267 out of 670 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Manipal Health Enterprises has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Manipal Health Enterprises' Cash Ratio compare to ?
According to the Healthcare Providers & Services industry distribution chart, Manipal Health Enterprises ranks #267 out of 670 companies for Cash Ratio. This puts Manipal Health Enterprises in the upper half of its industry. The industry median Cash Ratio is 0.57. Manipal Health Enterprises' value of 0.84 is 47.4% above this benchmark. Historically, Manipal Health Enterprises' own Cash Ratio has ranged from 0.84 to 1.13 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 0.57, Manipal Health Enterprises 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 a Healthcare Providers & Services company?
The median Cash Ratio among Healthcare Providers & Services companies is 0.57, based on 670 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. Manipal Health Enterprises's current Cash Ratio of 0.84 is 47.4% 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 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 Manipal Health Enterprises and its competitors. For the Healthcare Providers & Services industry, the median Cash Ratio is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manipal Health Enterprises's current Cash Ratio is 0.84, which is near median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manipal Health Enterprises stock overvalued right now?
Manipal Health Enterprises (NSE:MANIPALHOS) has a current Cash Ratio of 0.84. The current Cash Ratio is 0.84, which is near median its 10-year median of 0.84 and 47.4% above the Healthcare Providers & Services industry median of 0.57. Manipal Health Enterprises' overall GF Score™ is 13/100 with 1 warning sign 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 Manipal Health Enterprises (NSE:MANIPALHOS), the current Cash Ratio is 0.84 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.
Manipal Health Enterprises Ltd is engaged in the business of running/managing hospitals and providing healthcare services. The company operates through various Hospitals/clinics providing Healthcare services and diagnostic centres in India. It offers clinical services across several specialties, with a focus on tertiary and quaternary care, particularly in cardiac sciences, oncology, neurosciences, gastro sciences, orthopedics, and renal sciences. It has a single business segment, namely engaged in the business of healthcare services. The company generates revenue by providing inpatient care at its hospitals.
13GF Score
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