Turner Industries (BOM:531164) Current Ratio: 10.27 (As of Mar. 2026) — 4365% Above Median

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BOM:531164 Turner Industries Ltd BOM:531164
21 GF Score
Price ₹0.69
! 3 Warning Signs
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What is Turner Industries Current Ratio?

Turner Industries BOM:531164 21 Current Ratio is 10.27 as of Mar. 2026, which is 4365% above its 10-year median of 0.23. GuruFocus rates BOM:531164 with a GF Score™ of 21/100. The stock has 3 warning signs investors should review.

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. Turner Industries's current ratio for the quarter that ended in Mar. 2026 was 10.27.

Turner Industries has a current ratio of 10.27. 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 Turner Industries's Current Ratio or its related term are showing as below:

BOM:531164' s Current Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.23   Max: 10.93
Current: 10.27

During the past 13 years, Turner Industries's highest Current Ratio was 10.93. The lowest was 0.03. And the median was 0.23.

BOM:531164's Current Ratio is not ranked
in the Retail - Cyclical industry.
Industry Median: 1.56 vs BOM:531164: 10.27

Turner Industries  (BOM:531164) 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.


Turner Industries Current Ratio Related Terms


Turner Industries Current Ratio Historical Data

* Premium members only.

The historical data trend for Turner 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.

Turner Industries Current Ratio Chart

Turner Industries Annual Data
Trend Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.10 10.93 5.35 10.27

Turner Industries Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.08 5.35 10.30 10.27

BOM:531164 vs TPR, SIG, CPRI: Current Ratio Comparison

For the Luxury Goods subindustry, Turner 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.


Turner Industries Current Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Turner Industries's Current Ratio distribution charts can be found below:

* The bar in red indicates where Turner Industries's Current Ratio falls into.


BOM:531164
21GF Score
Turner Industries Ltd BOM:531164
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Turner Industries Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Turner Industries's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=0.308/0.03
=10.27

Turner Industries's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=0.308/0.03
=10.27

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 10.27 mean?
Turner Industries (BOM:531164) has a Current Ratio of 10.27 as of Mar. 2026. This is 4365% above median its historical median of 0.23. Over the past decade, Turner Industries' Current Ratio has ranged from 0.03 to 10.93.
Is Turner Industries' Current Ratio too high?
Turner Industries' current Current Ratio of 10.27 is 4365% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 10.93. The Retail - Cyclical industry median Current Ratio is 1.56. Turner Industries' value of 10.27 is 558.3% above this industry median. Overall, Turner Industries has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Turner Industries' Current Ratio compare to TPR and SIG?
Turner Industries' Current Ratio of 10.27 can be compared against companies in the Retail - Cyclical industry. The industry median Current Ratio is 1.56. Turner Industries' value of 10.27 is 558.3% above this benchmark. Historically, Turner Industries' own Current Ratio has ranged from 0.03 to 10.93 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 1.56, Turner 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 a Retail - Cyclical company?
The median Current Ratio among Retail - Cyclical companies is 1.56, based on 1,137 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. Turner Industries's current Current Ratio of 10.27 is 558.3% 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 Retail - Cyclical industry, the median Current Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turner Industries's current Current Ratio is 10.27, which is 4365% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turner Industries stock overvalued right now?
Turner Industries (BOM:531164) has a current Current Ratio of 10.27. The current Current Ratio is 10.27, which is 4365% above median its 10-year median of 0.23 and 558.3% above the Retail - Cyclical industry median of 1.56. Turner Industries' overall GF Score™ is 21/100 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 Turner Industries (BOM:531164), the current Current Ratio is 10.27 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.

Turner Industries Business Description

Address Purasawalkam High Road, New No. 232 (Old No. 186), First Floor, F-1, B-28, Basement, City Centre, Kilpauk, Chennai, TN, IND, 600010
Turner Industries Ltd provides financial services.
21GF Score

Get the complete analysis for BOM:531164

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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