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Southern LatexBOM:514454 -4.99%35 Current Ratio is 223.39 as of Mar. 2026, which is 247% above its 10-year median of 64.47. GuruFocus rates BOM:514454 with a GF Score™ of 35/100. The stock has 2 warning signs investors should review. Among 1,605 Chemicals companies, Southern Latex ranks better than 99.81% 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. Southern Latex's current ratio for the quarter that ended in Mar. 2026 was 223.39.
Southern Latex has a current ratio of 223.39. 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 Southern Latex's Current Ratio or its related term are showing as below:
BOM:514454'
s Current Ratio Range Over the Past 10 Years
Min: 35.89 Med: 64.47 Max: 223.39
Current: 223.39
During the past 13 years, Southern Latex's highest Current Ratio was 223.39. The lowest was 35.89. And the median was 64.47.
BOM:514454's Current Ratio is ranked better than 99.81% of 1605
companies
in the Chemicals industry
Industry Median: 1.89
vs BOM:514454: 223.39
Southern Latex (BOM:514454) 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.
Southern Latex Current Ratio Related Terms
Southern Latex Current Ratio Historical Data
* Premium members only.
The historical data trend for Southern Latex'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.
For the Chemicals subindustry, Southern Latex'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.
Southern Latex Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Southern Latex's Current Ratio distribution charts can be found below:
* The bar in red indicates where Southern Latex'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.
Southern Latex (BOM:514454) has a Current Ratio of 223.39 as of Mar. 2026. This is 247% above median its historical median of 64.47. Over the past decade, Southern Latex's Current Ratio has ranged from 35.89 to 223.39. According to the industry distribution chart, Southern Latex ranks #3 out of 1605 companies in the Chemicals industry, placing it in the top 0.2%.
Is Southern Latex's Current Ratio too high?
Southern Latex's current Current Ratio of 223.39 is 247% above median its 10-year median of 64.47. Over the past 10 years, this metric has ranged from a low of 35.89 to a high of 223.39. The Chemicals industry median Current Ratio is 1.89. Southern Latex's value of 223.39 is 11719.6% above this industry median. Based on the distribution chart, Southern Latex ranks #3 out of 1605 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Southern Latex has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Southern Latex's Current Ratio compare to DOW?
According to the Chemicals industry distribution chart, Southern Latex ranks #3 out of 1605 companies for Current Ratio. This places Southern Latex in the top 0% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.89. Southern Latex's value of 223.39 is 11719.6% above this benchmark. Historically, Southern Latex's own Current Ratio has ranged from 35.89 to 223.39 over the past decade. While the company's 10-year median is 64.47 vs. the industry median of 1.89, Southern Latex 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,605 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. Southern Latex's current Current Ratio of 223.39 is 11719.6% 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 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. Southern Latex's current Current Ratio is 223.39, which is 247% above median its own 10-year median of 64.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Latex stock overvalued right now?
Southern Latex (BOM:514454) has a current Current Ratio of 223.39. The current Current Ratio is 223.39, which is 247% above median its 10-year median of 64.47 and 11719.6% above the Chemicals industry median of 1.89. Southern Latex's overall GF Score™ is 35/100 with 2 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 Southern Latex (BOM:514454), the current Current Ratio is 223.39 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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