Advance Syntex (BOM:539982) Current Ratio: 0.54 (As of Mar. 2026) — 64% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:539982 Advance Syntex Ltd BOM:539982
31 GF Score
Price ₹5.25
! 1 Warning Sign
View Full Analysis

What is Advance Syntex Current Ratio?

Advance Syntex BOM:539982 31 Current Ratio is 0.54 as of Mar. 2026, which is 64% below its 10-year median of 1.48. GuruFocus rates BOM:539982 with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 1,606 Chemicals companies, Advance Syntex ranks worse than 95.52% 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. Advance Syntex's current ratio for the quarter that ended in Mar. 2026 was 0.54.

Advance Syntex has a current ratio of 0.54. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Advance Syntex has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Advance Syntex's Current Ratio or its related term are showing as below:

BOM:539982' s Current Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.48   Max: 1.75
Current: 0.54

During the past 13 years, Advance Syntex's highest Current Ratio was 1.75. The lowest was 0.54. And the median was 1.48.

BOM:539982's Current Ratio is ranked worse than
95.52% of 1606 companies
in the Chemicals industry
Industry Median: 1.87 vs BOM:539982: 0.54

Advance Syntex  (BOM:539982) 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.


Advance Syntex Current Ratio Related Terms


Advance Syntex Current Ratio Historical Data

* Premium members only.

The historical data trend for Advance Syntex'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.

Advance Syntex Current Ratio Chart

Advance Syntex 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 1.56 1.75 1.51 0.56 0.54

Advance Syntex Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.56 0.00 0.54 0.00 0.54

BOM:539982 vs LIN, SHW, ECL: Current Ratio Comparison

For the Specialty Chemicals subindustry, Advance Syntex'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.


Advance Syntex Current Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Advance Syntex's Current Ratio distribution charts can be found below:

* The bar in red indicates where Advance Syntex's Current Ratio falls into.


BOM:539982
31GF Score
Advance Syntex Ltd BOM:539982
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advance Syntex 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.

Advance Syntex'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 )
=100.64/186.449
=0.54

Advance Syntex'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 )
=100.64/186.449
=0.54

* 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 0.54 mean?
Advance Syntex (BOM:539982) has a Current Ratio of 0.54 as of Mar. 2026. This is 64% below median its historical median of 1.48. Over the past decade, Advance Syntex's Current Ratio has ranged from 0.54 to 1.75. According to the industry distribution chart, Advance Syntex ranks #1534 out of 1606 companies in the Chemicals industry, placing it in the top 95.5%.
Is Advance Syntex's Current Ratio too high?
Advance Syntex's current Current Ratio of 0.54 is 64% below median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.75. The Chemicals industry median Current Ratio is 1.87. Advance Syntex's value of 0.54 is 71.1% below this industry median. Based on the distribution chart, Advance Syntex ranks #1534 out of 1606 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Advance Syntex has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Advance Syntex's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Advance Syntex ranks #1534 out of 1606 companies for Current Ratio. This places Advance Syntex in the lower half of its industry. The industry median Current Ratio is 1.87. Advance Syntex's value of 0.54 is 71.1% below this benchmark. Historically, Advance Syntex's own Current Ratio has ranged from 0.54 to 1.75 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.87, Advance Syntex 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 1,606 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. Advance Syntex's current Current Ratio of 0.54 is 71.1% 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. Advance Syntex's current Current Ratio is 0.54, which is 64% below median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Syntex stock overvalued right now?
Advance Syntex (BOM:539982) has a current Current Ratio of 0.54. The current Current Ratio is 0.54, which is 64% below median its 10-year median of 1.48 and 71.1% below the Chemicals industry median of 1.87. Advance Syntex's overall GF Score™ is 31/100 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 Advance Syntex (BOM:539982), the current Current Ratio is 0.54 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.

Advance Syntex Business Description

Address GIDC POR, 233/2 & 238/2, Ramangamdi, Vadodara, GJ, IND, 391243
Advance Syntex Ltd is an India-based manufacturer of other made-up textile goods except for apparel. The company manufactures and exports metallic yarn, lacquer-coated aluminum metalized polyester film, glitter powder, and other allied products. The company's product line includes metalized polyester films, metalized and coated film for metallic yarn, polyester tape films, and coated polyester films; glitter powder for textiles, decorative and clear polyester glitters, and others.
31GF Score

Get the complete analysis for BOM:539982

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

₹5.25
Price