Ghushine Fintrrade Ocean (BOM:539864) Current Ratio: 2.30 (As of Mar. 2026) — 97% Below Median

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BOM:539864 Ghushine Fintrrade Ocean Ltd BOM:539864
46 GF Score
Price ₹21.50
! 5 Warning Signs
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What is Ghushine Fintrrade Ocean Current Ratio?

Ghushine Fintrrade Ocean BOM:539864 46 Current Ratio is 2.30 as of Mar. 2026, which is 97% below its 10-year median of 68.05. GuruFocus rates BOM:539864 with a GF Score™ of 46/100. The stock has 5 warning signs investors should review. Among 1,070 Manufacturing - Apparel & Accessories companies, Ghushine Fintrrade Ocean ranks better than 63.08% 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. Ghushine Fintrrade Ocean's current ratio for the quarter that ended in Mar. 2026 was 2.30.

Ghushine Fintrrade Ocean has a current ratio of 2.30. It generally indicates good short-term financial strength.

The historical rank and industry rank for Ghushine Fintrrade Ocean's Current Ratio or its related term are showing as below:

BOM:539864' s Current Ratio Range Over the Past 10 Years
Min: 1.63   Med: 68.05   Max: 1097.88
Current: 2.3

During the past 13 years, Ghushine Fintrrade Ocean's highest Current Ratio was 1097.88. The lowest was 1.63. And the median was 68.05.

BOM:539864's Current Ratio is ranked better than
63.08% of 1070 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.8 vs BOM:539864: 2.30

Ghushine Fintrrade Ocean  (BOM:539864) 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.


Ghushine Fintrrade Ocean Current Ratio Related Terms


Ghushine Fintrrade Ocean Current Ratio Historical Data

* Premium members only.

The historical data trend for Ghushine Fintrrade Ocean'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.

Ghushine Fintrrade Ocean Current Ratio Chart

Ghushine Fintrrade Ocean Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 810.80 706.15 1,097.88 135.14 2.30

Ghushine Fintrrade Ocean Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1,097.88 3.93 135.14 2.57 2.30

Ghushine Fintrrade Ocean Current Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Ghushine Fintrrade Ocean'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.


Ghushine Fintrrade Ocean Current Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ghushine Fintrrade Ocean's Current Ratio distribution charts can be found below:

* The bar in red indicates where Ghushine Fintrrade Ocean's Current Ratio falls into.


BOM:539864
46GF Score
Ghushine Fintrrade Ocean Ltd BOM:539864
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ghushine Fintrrade Ocean 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.

Ghushine Fintrrade Ocean'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 )
=38.366/16.674
=2.30

Ghushine Fintrrade Ocean'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 )
=38.366/16.674
=2.30

* 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 2.30 mean?
Ghushine Fintrrade Ocean (BOM:539864) has a Current Ratio of 2.30 as of Mar. 2026. This is 97% below median its historical median of 68.05. Over the past decade, Ghushine Fintrrade Ocean's Current Ratio has ranged from 1.63 to 1,097.88. According to the industry distribution chart, Ghushine Fintrrade Ocean ranks #395 out of 1070 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 36.9%.
Is Ghushine Fintrrade Ocean's Current Ratio too high?
Ghushine Fintrrade Ocean's current Current Ratio of 2.30 is 97% below median its 10-year median of 68.05. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 1,097.88. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.80. Ghushine Fintrrade Ocean's value of 2.30 is 27.8% above this industry median. Based on the distribution chart, Ghushine Fintrrade Ocean ranks #395 out of 1070 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Ghushine Fintrrade Ocean has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Ghushine Fintrrade Ocean's Current Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ghushine Fintrrade Ocean ranks #395 out of 1070 companies for Current Ratio. This puts Ghushine Fintrrade Ocean in the upper half of its industry. The industry median Current Ratio is 1.80. Ghushine Fintrrade Ocean's value of 2.30 is 27.8% above this benchmark. Historically, Ghushine Fintrrade Ocean's own Current Ratio has ranged from 1.63 to 1,097.88 over the past decade. While the company's 10-year median is 68.05 vs. the industry median of 1.80, Ghushine Fintrrade Ocean 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 Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.80, based on 1,070 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. Ghushine Fintrrade Ocean's current Current Ratio of 2.30 is 27.8% 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 Manufacturing - Apparel & Accessories industry, the median Current Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghushine Fintrrade Ocean's current Current Ratio is 2.30, which is 97% below median its own 10-year median of 68.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghushine Fintrrade Ocean stock overvalued right now?
Ghushine Fintrrade Ocean (BOM:539864) has a current Current Ratio of 2.30. The current Current Ratio is 2.30, which is 97% below median its 10-year median of 68.05 and 27.8% above the Manufacturing - Apparel & Accessories industry median of 1.80. Ghushine Fintrrade Ocean's overall GF Score™ is 46/100 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 Ghushine Fintrrade Ocean (BOM:539864), the current Current Ratio is 2.30 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.

Ghushine Fintrrade Ocean Business Description

Address Aagam Cross Road, VeshuAbhava Road, Ground floor 27, AC Market, Opposite Star Galaxy, Near Shrunagar Residency, Surat, GJ, IND, 395007
Ghushine Fintrrade Ocean Ltd is an India-based company engaged in the textile business. The principal activities of the company are to carry out the business of dealing in Art Silk Cloth, Embroidery Job Work & manufacturing of knitted fabrics, and cut & polished diamonds.
46GF Score

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