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Gagan GasesBOM:524624 -2.31%73 Current Ratio is 22.36 as of Mar. 2026, which is 123% above its 10-year median of 10.04. GuruFocus rates BOM:524624 with a GF Score™ of 73/100 and a GF Value™ of ₹37.41 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,015 Oil & Gas companies, Gagan Gases ranks better than 97.04% 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. Gagan Gases's current ratio for the quarter that ended in Mar. 2026 was 22.36.
Gagan Gases has a current ratio of 22.36. 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 Gagan Gases's Current Ratio or its related term are showing as below:
BOM:524624'
s Current Ratio Range Over the Past 10 Years
Min: 5.02 Med: 10.04 Max: 26.04
Current: 22.36
During the past 13 years, Gagan Gases's highest Current Ratio was 26.04. The lowest was 5.02. And the median was 10.04.
BOM:524624's Current Ratio is ranked better than 97.04% of 1015
companies
in the Oil & Gas industry
Industry Median: 1.35
vs BOM:524624: 22.36
Gagan Gases (BOM:524624) 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.
Gagan Gases Current Ratio Related Terms
Gagan Gases Current Ratio Historical Data
* Premium members only.
The historical data trend for Gagan Gases'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:524624 vs VLO, MPC, PSX: Current Ratio Comparison
For the Oil & Gas Refining & Marketing subindustry, Gagan Gases'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.
Gagan Gases Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Gagan Gases's Current Ratio distribution charts can be found below:
* The bar in red indicates where Gagan Gases'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.
Gagan Gases (BOM:524624) has a Current Ratio of 22.36 as of Mar. 2026. This is 123% above median its historical median of 10.04. Over the past decade, Gagan Gases' Current Ratio has ranged from 5.02 to 26.04. According to the industry distribution chart, Gagan Gases ranks #30 out of 1015 companies in the Oil & Gas industry, placing it in the top 3%.
Is Gagan Gases' Current Ratio too high?
Gagan Gases' current Current Ratio of 22.36 is 123% above median its 10-year median of 10.04. Over the past 10 years, this metric has ranged from a low of 5.02 to a high of 26.04. The Oil & Gas industry median Current Ratio is 1.35. Gagan Gases' value of 22.36 is 1556.3% above this industry median. Based on the distribution chart, Gagan Gases ranks #30 out of 1015 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Gagan Gases has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gagan Gases' Current Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Gagan Gases ranks #30 out of 1015 companies for Current Ratio. This places Gagan Gases in the top 3% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.35. Gagan Gases' value of 22.36 is 1556.3% above this benchmark. Historically, Gagan Gases' own Current Ratio has ranged from 5.02 to 26.04 over the past decade. While the company's 10-year median is 10.04 vs. the industry median of 1.35, Gagan Gases 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 Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.35, based on 1,015 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. Gagan Gases's current Current Ratio of 22.36 is 1556.3% 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 Oil & Gas 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. Gagan Gases's current Current Ratio is 22.36, which is 123% above median its own 10-year median of 10.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gagan Gases stock overvalued right now?
Based on GuruFocus' analysis, Gagan Gases (BOM:524624) is currently considered Possible Value Trap. The stock's GF Value™ is ₹37.41, compared to a current price of ₹19.89 — trading 46.8% below its estimated fair value. The current Current Ratio is 22.36, which is 123% above median its 10-year median of 10.04 and 1556.3% above the Oil & Gas industry median of 1.35. Gagan Gases' overall GF Score™ is 73/100 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 Gagan Gases (BOM:524624), the current Current Ratio is 22.36 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 Gagan Gases (BOM:524624) Overvalued in 2026?
Based on GuruFocus' analysis, Gagan Gases stock appears to be undervalued.
The current stock price of ₹19.89 is trading 46.8% below its estimated GF Value™ of ₹37.41.
GuruFocus considers Gagan Gases to be Possible Value Trap.
Key valuation signals for BOM:524624:
Current Ratio: 22.36 (123% above median its 10-year median of 10.04)
GF Value™: ₹37.41 vs. price of ₹19.89 (46.8% below fair value)
Industry Position: 1556.3% above the Oil & Gas median (#30 of 1015)
No single metric tells the full story. See the BOM:524624 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gagan Gases Ltd is an India-based company engaged in the distribution of LPG in the private sector and operates a LPG bottling plant at Pithampur. It is also engaged in providing LPG bottling assistance to other companies.
73GF Score
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