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What is Standard Shoe Sole and Mould (India) Current Ratio?
Standard Shoe Sole and Mould (India)BOM:523351 16 Current Ratio is 0.15 as of Mar. 2026, which is 82% below its 10-year median of 0.83. GuruFocus rates BOM:523351 with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 1,607 Chemicals companies, Standard Shoe Sole and Mould (India) ranks worse than 99.13% on this metric.
Standard Shoe Sole and Mould (India) has a current ratio of 0.15. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Standard Shoe Sole and Mould (India) has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
Standard Shoe Sole and Mould (India) (BOM:523351) 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.
Standard Shoe Sole and Mould (India) Current Ratio Related Terms
Standard Shoe Sole and Mould (India) Current Ratio Historical Data
* 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.
Standard Shoe Sole and Mould (India) Current Ratio Chart
For the Chemicals subindustry, Standard Shoe Sole and Mould (India)'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.
Standard Shoe Sole and Mould (India) Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Standard Shoe Sole and Mould (India)'s Current Ratio distribution charts can be found below:
* The bar in red indicates where Standard Shoe Sole and Mould (India)'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.
Standard Shoe Sole and Mould (India) (BOM:523351) has a Current Ratio of 0.15 as of Mar. 2026. This is 82% below median its historical median of 0.83. Over the past decade, Standard Shoe Sole and Mould (India)'s Current Ratio has ranged from 0.12 to 3.39. According to the industry distribution chart, Standard Shoe Sole and Mould (India) ranks #1593 out of 1607 companies in the Chemicals industry, placing it in the top 99.1%.
Is Standard Shoe Sole and Mould (India)'s Current Ratio too high?
Standard Shoe Sole and Mould (India)'s current Current Ratio of 0.15 is 82% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 3.39. The Chemicals industry median Current Ratio is 1.87. Standard Shoe Sole and Mould (India)'s value of 0.15 is 92% below this industry median. Based on the distribution chart, Standard Shoe Sole and Mould (India) ranks #1593 out of 1607 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Standard Shoe Sole and Mould (India) has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Standard Shoe Sole and Mould (India)'s Current Ratio compare to DOW?
According to the Chemicals industry distribution chart, Standard Shoe Sole and Mould (India) ranks #1593 out of 1607 companies for Current Ratio. This places Standard Shoe Sole and Mould (India) in the lower half of its industry. The industry median Current Ratio is 1.87. Standard Shoe Sole and Mould (India)'s value of 0.15 is 92% below this benchmark. Historically, Standard Shoe Sole and Mould (India)'s own Current Ratio has ranged from 0.12 to 3.39 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.87, Standard Shoe Sole and Mould (India) 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 1.87, based on 1,607 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. Standard Shoe Sole and Mould (India)'s current Current Ratio of 0.15 is 92% 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 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Standard Shoe Sole and Mould (India)'s current Current Ratio is 0.15, which is 82% below median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Standard Shoe Sole and Mould (India) stock overvalued right now?
Standard Shoe Sole and Mould (India) (BOM:523351) has a current Current Ratio of 0.15. The current Current Ratio is 0.15, which is 82% below median its 10-year median of 0.83 and 92% below the Chemicals industry median of 1.87. Standard Shoe Sole and Mould (India)'s overall GF Score™ is 16/100 with 1 warning sign 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 Standard Shoe Sole and Mould (India) (BOM:523351), the current Current Ratio is 0.15 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.
Standard Shoe Sole and Mould (India) Ltd is engaged in the trading in footwear, leatherwear, leather articles, fashion wear, shoe components, synthetic shoes and ladies heels and moulds, and also deals in chemicals.
16GF Score
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