National Oxygen (BOM:507813) Current Ratio: 0.44 (As of Mar. 2026) — 40% Below Median

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BOM:507813 National Oxygen Ltd BOM:507813
39 GF Score
Price ₹58.75
GF Value ₹59.16
Valuation Fairly Valued
! 6 Warning Signs
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What is National Oxygen Current Ratio?

National Oxygen BOM:507813 -3.69% 39 Current Ratio is 0.44 as of Mar. 2026, which is 40% below its 10-year median of 0.73. GuruFocus rates BOM:507813 with a GF Score™ of 39/100 and a GF Value™ of ₹59.16 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,606 Chemicals companies, National Oxygen ranks worse than 96.7% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. National Oxygen's current ratio for the quarter that ended in Mar. 2026 was 0.44.

National Oxygen has a current ratio of 0.44. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If National Oxygen has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for National Oxygen's Current Ratio or its related term are showing as below:

BOM:507813' s Current Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.73   Max: 1.93
Current: 0.44

During the past 13 years, National Oxygen's highest Current Ratio was 1.93. The lowest was 0.41. And the median was 0.73.

BOM:507813's Current Ratio is ranked worse than
96.7% of 1606 companies
in the Chemicals industry
Industry Median: 1.89 vs BOM:507813: 0.44

National Oxygen  (BOM:507813) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


National Oxygen Current Ratio Related Terms


National Oxygen Current Ratio Historical Data

* Premium members only.

The historical data trend for National Oxygen's Current 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.

National Oxygen Current Ratio Chart

National Oxygen Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 1.51 0.85 0.67 0.44

National Oxygen Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.00 0.52 0.00 0.44

BOM:507813 vs LIN, SHW, ECL: Current Ratio Comparison

For the Specialty Chemicals subindustry, National Oxygen's Current Ratio, along with its competitors' market caps and Current 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.


National Oxygen Current Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, National Oxygen's Current Ratio distribution charts can be found below:

* The bar in red indicates where National Oxygen's Current Ratio falls into.


BOM:507813
39GF Score
National Oxygen Ltd BOM:507813
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Oxygen Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

National Oxygen's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=44.239/101.051
=0.44

National Oxygen's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=44.239/101.051
=0.44

* 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 Current Ratio →
What does a Current Ratio of 0.44 mean?
National Oxygen (BOM:507813) has a Current Ratio of 0.44 as of Mar. 2026. This is 40% below median its historical median of 0.73. Over the past decade, National Oxygen's Current Ratio has ranged from 0.41 to 1.93. According to the industry distribution chart, National Oxygen ranks #1553 out of 1606 companies in the Chemicals industry, placing it in the top 96.7%.
Is National Oxygen's Current Ratio too high?
National Oxygen's current Current Ratio of 0.44 is 40% below median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.93. The Chemicals industry median Current Ratio is 1.89. National Oxygen's value of 0.44 is 76.7% below this industry median. Based on the distribution chart, National Oxygen ranks #1553 out of 1606 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, National Oxygen has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Oxygen's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, National Oxygen ranks #1553 out of 1606 companies for Current Ratio. This places National Oxygen in the lower half of its industry. The industry median Current Ratio is 1.89. National Oxygen's value of 0.44 is 76.7% below this benchmark. Historically, National Oxygen's own Current Ratio has ranged from 0.41 to 1.93 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.89, National Oxygen 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 Current Ratio for a Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,606 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Oxygen's current Current Ratio of 0.44 is 76.7% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Oxygen's current Current Ratio is 0.44, which is 40% below median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Oxygen stock overvalued right now?
Based on GuruFocus' analysis, National Oxygen (BOM:507813) is currently considered Fairly Valued. The stock's GF Value™ is ₹59.16, compared to a current price of ₹58.75 — trading 0.7% below its estimated fair value. The current Current Ratio is 0.44, which is 40% below median its 10-year median of 0.73 and 76.7% below the Chemicals industry median of 1.89. National Oxygen's overall GF Score™ is 39/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For National Oxygen (BOM:507813), the current Current Ratio is 0.44 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 National Oxygen (BOM:507813) Overvalued in 2026?

Based on GuruFocus' analysis, National Oxygen stock appears to be undervalued. The current stock price of ₹58.75 is trading 0.7% below its estimated GF Value™ of ₹59.16. GuruFocus considers National Oxygen to be Fairly Valued.

Key valuation signals for BOM:507813:

  • Current Ratio: 0.44 (40% below median its 10-year median of 0.73)
  • GF Value™: ₹59.16 vs. price of ₹58.75 (0.7% below fair value)
  • GF Score™: 39/100 with 6 warning signs
  • Industry Position: 76.7% below the Chemicals median (#1553 of 1606)

No single metric tells the full story. See the BOM:507813 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Oxygen Business Description

Address No. 4 (Old No.149), Montieth Road, Door no. S-1, 2nd Floor, Alsa Mall, Egmore, Chennai, TN, IND, 600 008
National Oxygen Ltd is an Indian company engaged in manufacturing industrial gases, such as Oxygen and Nitrogen. It is a supplier of industrial gases both in liquid and gaseous forms. The company's products include Industrial liquid oxygen, Industrial gaseous oxygen, Industrial liquid nitrogen, and dissolved acetylene gas. The product's applications involve blast furnaces, copper smelting, the manufacture of explosives, heart stimulation, cryogenic preservation, and cutting and welding. The group derives key revenue from India.
39GF Score

Get the complete analysis for BOM:507813

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹58.75
Price
₹59.16
GF Value