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Hemant Surgical IndustriesBOM:543916 -0.87%80 Current Ratio is 1.45 as of Mar. 2026, which is 5% above its 10-year median of 1.38. GuruFocus rates BOM:543916 with a GF Score™ of 80/100 and a GF Value™ of ₹332.62 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 852 Medical Devices & Instruments companies, Hemant Surgical Industries ranks worse than 77.46% 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. Hemant Surgical Industries's current ratio for the quarter that ended in Mar. 2026 was 1.45.
Hemant Surgical Industries has a current ratio of 1.45. It generally indicates good short-term financial strength.
The historical rank and industry rank for Hemant Surgical Industries's Current Ratio or its related term are showing as below:
BOM:543916'
s Current Ratio Range Over the Past 10 Years
Min: 1.14 Med: 1.38 Max: 1.83
Current: 1.45
During the past 6 years, Hemant Surgical Industries's highest Current Ratio was 1.83. The lowest was 1.14. And the median was 1.38.
BOM:543916's Current Ratio is ranked worse than 77.46% of 852
companies
in the Medical Devices & Instruments industry
Industry Median: 2.49
vs BOM:543916: 1.45
Hemant Surgical Industries (BOM:543916) 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.
Hemant Surgical Industries Current Ratio Related Terms
Hemant Surgical Industries 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.
BOM:543916 vs ABT, SYK, MDT: Current Ratio Comparison
For the Medical Devices subindustry, Hemant Surgical 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.
Hemant Surgical Industries Current Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Hemant Surgical Industries's Current Ratio distribution charts can be found below:
* The bar in red indicates where Hemant Surgical Industries'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.
Hemant Surgical Industries (BOM:543916) has a Current Ratio of 1.45 as of Mar. 2026. This is near median its historical median of 1.38. Over the past decade, Hemant Surgical Industries' Current Ratio has ranged from 1.14 to 1.83. According to the industry distribution chart, Hemant Surgical Industries ranks #660 out of 852 companies in the Medical Devices & Instruments industry, placing it in the top 77.5%.
Is Hemant Surgical Industries' Current Ratio too high?
Hemant Surgical Industries' current Current Ratio of 1.45 is near median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 1.83. The Medical Devices & Instruments industry median Current Ratio is 2.49. Hemant Surgical Industries' value of 1.45 is 41.8% below this industry median. Based on the distribution chart, Hemant Surgical Industries ranks #660 out of 852 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Hemant Surgical Industries has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hemant Surgical Industries' Current Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Hemant Surgical Industries ranks #660 out of 852 companies for Current Ratio. This places Hemant Surgical Industries in the lower half of its industry. The industry median Current Ratio is 2.49. Hemant Surgical Industries' value of 1.45 is 41.8% below this benchmark. Historically, Hemant Surgical Industries' own Current Ratio has ranged from 1.14 to 1.83 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 2.49, Hemant Surgical Industries 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 Medical Devices & Instruments company?
The median Current Ratio among Medical Devices & Instruments companies is 2.49, based on 852 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. Hemant Surgical Industries's current Current Ratio of 1.45 is 41.8% 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 Medical Devices & Instruments industry, the median Current Ratio is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hemant Surgical Industries's current Current Ratio is 1.45, which is near median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemant Surgical Industries stock overvalued right now?
Based on GuruFocus' analysis, Hemant Surgical Industries (BOM:543916) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹332.62, compared to a current price of ₹380.90 — trading 14.5% above its estimated fair value. The current Current Ratio is 1.45, which is near median its 10-year median of 1.38 and 41.8% below the Medical Devices & Instruments industry median of 2.49. Hemant Surgical Industries' overall GF Score™ is 80/100 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 Hemant Surgical Industries (BOM:543916), the current Current Ratio is 1.45 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 Hemant Surgical Industries (BOM:543916) Overvalued in 2026?
Based on GuruFocus' analysis, Hemant Surgical Industries stock appears to be overvalued.
The current stock price of ₹380.90 is trading 14.5% above its estimated GF Value™ of ₹332.62.
GuruFocus considers Hemant Surgical Industries to be Modestly Overvalued.
Key valuation signals for BOM:543916:
Current Ratio: 1.45 (near median its 10-year median of 1.38)
GF Value™: ₹332.62 vs. price of ₹380.90 (14.5% above fair value)
Industry Position: 41.8% below the Medical Devices & Instruments median (#660 of 852)
No single metric tells the full story. See the BOM:543916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hemant Surgical Industries Ltd is engaged in Importing, manufacturing, and marketing quality surgical and Pharmaceutical Products at an economical price. Its product offerings cover a wide spectrum of equipment and disposables required for (i) Renal Care, (ii) Cardiovascular Disease, (iii) Respiratory Disease, (iv) Critical Care and Radiology, and (v) Surgical disposables. Its products include JMS Meditape, JMS Infusion Set, JMS Scalp Vein Set, Ventilators, ECG Machines, and others.
80GF Score
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