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New Markets AvenueBOM:508867 22 Current Ratio is 299.35 as of Mar. 2026, which is 307% above its 10-year median of 73.57. GuruFocus rates BOM:508867 with a GF Score™ of 22/100. The stock has 5 warning signs investors should review. Among 2,877 Software companies, New Markets Avenue ranks better than 99.86% 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. New Markets Avenue's current ratio for the quarter that ended in Mar. 2026 was 299.35.
New Markets Avenue has a current ratio of 299.35. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for New Markets Avenue's Current Ratio or its related term are showing as below:
BOM:508867'
s Current Ratio Range Over the Past 10 Years
Min: 12.02 Med: 73.57 Max: 299.35
Current: 299.35
During the past 13 years, New Markets Avenue's highest Current Ratio was 299.35. The lowest was 12.02. And the median was 73.57.
BOM:508867's Current Ratio is ranked better than 99.86% of 2877
companies
in the Software industry
Industry Median: 1.81
vs BOM:508867: 299.35
New Markets Avenue (BOM:508867) 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.
New Markets Avenue Current Ratio Related Terms
New Markets Avenue Current Ratio Historical Data
* Premium members only.
The historical data trend for New Markets Avenue'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.
BOM:508867 vs IBM, ACN, FISV: Current Ratio Comparison
For the Information Technology Services subindustry, New Markets Avenue'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.
New Markets Avenue Current Ratio vs Software Industry
For the Software industry and Technology sector, New Markets Avenue's Current Ratio distribution charts can be found below:
* The bar in red indicates where New Markets Avenue's Current 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.
New Markets Avenue (BOM:508867) has a Current Ratio of 299.35 as of Mar. 2026. This is 307% above median its historical median of 73.57. Over the past decade, New Markets Avenue's Current Ratio has ranged from 12.02 to 299.35. According to the industry distribution chart, New Markets Avenue ranks #4 out of 2877 companies in the Software industry, placing it in the top 0.099999999999994%.
Is New Markets Avenue's Current Ratio too high?
New Markets Avenue's current Current Ratio of 299.35 is 307% above median its 10-year median of 73.57. Over the past 10 years, this metric has ranged from a low of 12.02 to a high of 299.35. The Software industry median Current Ratio is 1.81. New Markets Avenue's value of 299.35 is 16438.7% above this industry median. Based on the distribution chart, New Markets Avenue ranks #4 out of 2877 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, New Markets Avenue has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does New Markets Avenue's Current Ratio compare to IBM and ACN?
According to the Software industry distribution chart, New Markets Avenue ranks #4 out of 2877 companies for Current Ratio. This places New Markets Avenue in the top 0% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.81. New Markets Avenue's value of 299.35 is 16438.7% above this benchmark. Historically, New Markets Avenue's own Current Ratio has ranged from 12.02 to 299.35 over the past decade. While the company's 10-year median is 73.57 vs. the industry median of 1.81, New Markets Avenue 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 Current Ratio for a Software company?
The median Current Ratio among Software companies is 1.81, based on 2,877 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. New Markets Avenue's current Current Ratio of 299.35 is 16438.7% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Markets Avenue's current Current Ratio is 299.35, which is 307% above median its own 10-year median of 73.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Markets Avenue stock overvalued right now?
New Markets Avenue (BOM:508867) has a current Current Ratio of 299.35. The current Current Ratio is 299.35, which is 307% above median its 10-year median of 73.57 and 16438.7% above the Software industry median of 1.81. New Markets Avenue's overall GF Score™ is 22/100 with 5 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 New Markets Avenue (BOM:508867), the current Current Ratio is 299.35 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.
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