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Elango IndustriesBOM:513452 -6.36%45 Current Ratio is 3.25 as of Mar. 2026, which is 85% below its 10-year median of 22.08. GuruFocus rates BOM:513452 with a GF Score™ of 45/100. The stock has 3 warning signs investors should review. Among 449 Utilities - Independent Power Producers companies, Elango Industries ranks better than 83.3% 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. Elango Industries's current ratio for the quarter that ended in Mar. 2026 was 3.25.
Elango Industries has a current ratio of 3.25. 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 Elango Industries's Current Ratio or its related term are showing as below:
BOM:513452'
s Current Ratio Range Over the Past 10 Years
Min: 2.09 Med: 22.08 Max: 79.38
Current: 3.25
During the past 13 years, Elango Industries's highest Current Ratio was 79.38. The lowest was 2.09. And the median was 22.08.
BOM:513452's Current Ratio is ranked better than 83.3% of 449
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.35
vs BOM:513452: 3.25
Elango Industries (BOM:513452) 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.
Elango Industries Current Ratio Related Terms
Elango Industries Current Ratio Historical Data
* Premium members only.
The historical data trend for Elango Industries'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:513452 vs CEG, VST, NRG: Current Ratio Comparison
For the Utilities - Independent Power Producers subindustry, Elango Industries'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.
Elango Industries Current Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Elango Industries's Current Ratio distribution charts can be found below:
* The bar in red indicates where Elango Industries'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.
Elango Industries (BOM:513452) has a Current Ratio of 3.25 as of Mar. 2026. This is 85% below median its historical median of 22.08. Over the past decade, Elango Industries' Current Ratio has ranged from 2.09 to 79.38. According to the industry distribution chart, Elango Industries ranks #75 out of 449 companies in the Utilities - Independent Power Producers industry, placing it in the top 16.7%.
Is Elango Industries' Current Ratio too high?
Elango Industries' current Current Ratio of 3.25 is 85% below median its 10-year median of 22.08. Over the past 10 years, this metric has ranged from a low of 2.09 to a high of 79.38. The Utilities - Independent Power Producers industry median Current Ratio is 1.35. Elango Industries' value of 3.25 is 140.7% above this industry median. Based on the distribution chart, Elango Industries ranks #75 out of 449 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Elango Industries has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Elango Industries' Current Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Elango Industries ranks #75 out of 449 companies for Current Ratio. This places Elango Industries in the top 17% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.35. Elango Industries' value of 3.25 is 140.7% above this benchmark. Historically, Elango Industries' own Current Ratio has ranged from 2.09 to 79.38 over the past decade. While the company's 10-year median is 22.08 vs. the industry median of 1.35, Elango Industries 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 an Utilities - Independent Power Producers company?
The median Current Ratio among Utilities - Independent Power Producers companies is 1.35, based on 449 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. Elango Industries's current Current Ratio of 3.25 is 140.7% 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 Utilities - Independent Power Producers industry, the median Current Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elango Industries's current Current Ratio is 3.25, which is 85% below median its own 10-year median of 22.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elango Industries stock overvalued right now?
Elango Industries (BOM:513452) has a current Current Ratio of 3.25. The current Current Ratio is 3.25, which is 85% below median its 10-year median of 22.08 and 140.7% above the Utilities - Independent Power Producers industry median of 1.35. Elango Industries' overall GF Score™ is 45/100 with 3 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 Elango Industries (BOM:513452), the current Current Ratio is 3.25 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.
Elango Industries Ltd is a power generation and distribution company. It has been carrying on Operation and Maintenance - (O&M) activities and other service activities. The company also markets and sells the power produced by the power plants of its clients.
45GF Score
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