Sunlite Recycling Industries (NSE:SUNLITE) Cash Ratio: 0.02 (As of Mar. 2026) — 60% Below Median

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NSE:SUNLITE Sunlite Recycling Industries Ltd NSE:SUNLITE
46 GF Score
Price ₹490.20
! 2 Warning Signs
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What is Sunlite Recycling Industries Cash Ratio?

Sunlite Recycling Industries NSE:SUNLITE +5.68% 46 Cash Ratio is 0.02 as of Mar. 2026, which is 60% below its 10-year median of 0.05. GuruFocus rates NSE:SUNLITE with a GF Score™ of 46/100. The stock has 2 warning signs investors should review. Among 3,031 Industrial Products companies, Sunlite Recycling Industries ranks worse than 97.06% 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. Sunlite Recycling Industries's Cash Ratio for the quarter that ended in Mar. 2026 was 0.02.

Sunlite Recycling Industries has a Cash Ratio of 0.02. 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 Sunlite Recycling Industries's Cash Ratio or its related term are showing as below:

NSE:SUNLITE' s Cash Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.05   Max: 0.21
Current: 0.02

During the past 6 years, Sunlite Recycling Industries's highest Cash Ratio was 0.21. The lowest was 0.02. And the median was 0.05.

NSE:SUNLITE's Cash Ratio is ranked worse than
97.06% of 3031 companies
in the Industrial Products industry
Industry Median: 0.51 vs NSE:SUNLITE: 0.02

Sunlite Recycling Industries  (NSE:SUNLITE) 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.


Sunlite Recycling Industries Cash Ratio Related Terms


Sunlite Recycling Industries Cash Ratio Historical Data

* Premium members only.

The historical data trend for Sunlite Recycling 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.

Sunlite Recycling Industries Cash Ratio Chart

Sunlite Recycling Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Ratio
Get a 7-Day Free Trial 0.00 0.05 0.00 0.00 0.02

Sunlite Recycling Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Cash Ratio Get a 7-Day Free Trial Premium Member Only 0.00 0.10 0.00 0.00 0.02

NSE:SUNLITE vs VRT, BE: Cash Ratio Comparison

For the Electrical Equipment & Parts subindustry, Sunlite Recycling 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.


Sunlite Recycling Industries Cash Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sunlite Recycling Industries's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Sunlite Recycling Industries's Cash Ratio falls into.


NSE:SUNLITE
46GF Score
Sunlite Recycling Industries Ltd NSE:SUNLITE
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunlite Recycling Industries Cash Ratio Calculation

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

Sunlite Recycling Industries'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
=10.034/653.413
=0.02

Sunlite Recycling Industries'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
=10.034/653.413
=0.02

* 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 0.02 mean?
Sunlite Recycling Industries (NSE:SUNLITE) has a Cash Ratio of 0.02 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Sunlite Recycling Industries and its competitors. This is 60% below median its historical median of 0.05. Over the past decade, Sunlite Recycling Industries' Cash Ratio has ranged from 0.02 to 0.21. According to the industry distribution chart, Sunlite Recycling Industries ranks #2942 out of 3031 companies in the Industrial Products industry, placing it in the top 97.1%.
Is Sunlite Recycling Industries' Cash Ratio too high?
Sunlite Recycling Industries' current Cash Ratio of 0.02 is 60% below median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.21. The Industrial Products industry median Cash Ratio is 0.51. Sunlite Recycling Industries' value of 0.02 is 96.1% below this industry median. Based on the distribution chart, Sunlite Recycling Industries ranks #2942 out of 3031 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Sunlite Recycling Industries has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Sunlite Recycling Industries' Cash Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Sunlite Recycling Industries ranks #2942 out of 3031 companies for Cash Ratio. This places Sunlite Recycling Industries in the lower half of its industry. The industry median Cash Ratio is 0.51. Sunlite Recycling Industries' value of 0.02 is 96.1% below this benchmark. Historically, Sunlite Recycling Industries' own Cash Ratio has ranged from 0.02 to 0.21 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.51, Sunlite Recycling Industries 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 0.51, based on 3,031 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. Sunlite Recycling Industries's current Cash Ratio of 0.02 is 96.1% 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 Sunlite Recycling Industries and its competitors. For the Industrial Products industry, the median Cash Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunlite Recycling Industries's current Cash Ratio is 0.02, which is 60% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunlite Recycling Industries stock overvalued right now?
Sunlite Recycling Industries (NSE:SUNLITE) has a current Cash Ratio of 0.02. The current Cash Ratio is 0.02, which is 60% below median its 10-year median of 0.05 and 96.1% below the Industrial Products industry median of 0.51. Sunlite Recycling Industries' overall GF Score™ is 46/100 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 Sunlite Recycling Industries (NSE:SUNLITE), the current Cash Ratio is 0.02 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.

Sunlite Recycling Industries Business Description

Address Survey No. 270A & Plot No. 1, Survey No. 267, Chhatha Mile, Dantali, Vaso, Kheda, GJ, IND, 387350
Sunlite Recycling Industries Ltd is engaged in the business of manufacturing of copper rods & wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Further, it is also engaged in providing job work services for processing of various products of copper, wherein its customers provide company with the copper scrap and the company converts the copper scrap into copper wire and copper wire rod as per customer's requirement. It employs an internal quality control mechanism to ensure that its finished product conforms to the exact requirement of its customers.
46GF Score

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