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Indian Renewable Energy Development Agency has a current ratio of 0.00. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Indian Renewable Energy Development Agency has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
BOM:544026's Current Ratio is ranked better than 99.25% of 400
companies
in the Credit Services industry
Industry Median: 3.945
vs BOM:544026: 20191.32
Indian Renewable Energy Development Agency (BOM:544026) 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.
Indian Renewable Energy Development Agency Current Ratio Related Terms
Indian Renewable Energy Development Agency 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.
Indian Renewable Energy Development Agency Current Ratio Chart
Indian Renewable Energy Development Agency Annual Data
BOM:544026 vs V, MA, AXP: Current Ratio Comparison
For the Credit Services subindustry, Indian Renewable Energy Development Agency'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.
Indian Renewable Energy Development Agency Current Ratio vs Credit Services Industry
* 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.
Indian Renewable Energy Development Agency (BOM:544026) has a Current Ratio of 0.00 as of Jun. 2026. Over the past decade, Indian Renewable Energy Development Agency's Current Ratio has ranged from 0.89 to 399,170.48. According to the industry distribution chart, Indian Renewable Energy Development Agency ranks #3 out of 400 companies in the Credit Services industry, placing it in the top 0.7%.
Is Indian Renewable Energy Development Agency's Current Ratio too high?
Indian Renewable Energy Development Agency's current Current Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 399,170.48. Based on the distribution chart, Indian Renewable Energy Development Agency ranks #3 out of 400 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Renewable Energy Development Agency has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Indian Renewable Energy Development Agency's Current Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Indian Renewable Energy Development Agency ranks #3 out of 400 companies for Current Ratio. This places Indian Renewable Energy Development Agency in the top 1% of its industry — outperforming the majority of peers. The industry median Current Ratio is 3.95. Historically, Indian Renewable Energy Development Agency's own Current Ratio has ranged from 0.89 to 399,170.48 over the past decade. 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 Credit Services company?
The median Current Ratio among Credit Services companies is 3.95, based on 400 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. 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 Credit Services industry, the median Current Ratio is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Renewable Energy Development Agency's current Current Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Renewable Energy Development Agency stock overvalued right now?
Based on GuruFocus' analysis, Indian Renewable Energy Development Agency (BOM:544026) is currently considered Possible Value Trap. The stock's GF Value™ is ₹215.67, compared to a current price of ₹121.20 — trading 43.8% below its estimated fair value. The current Current Ratio is 0.00. Indian Renewable Energy Development Agency's overall GF Score™ is 54/100 with 7 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 Indian Renewable Energy Development Agency (BOM:544026), the current Current Ratio is 0.00 as of Jun. 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 Indian Renewable Energy Development Agency (BOM:544026) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Renewable Energy Development Agency stock appears to be undervalued.
The current stock price of ₹121.20 is trading 43.8% below its estimated GF Value™ of ₹215.67.
GuruFocus considers Indian Renewable Energy Development Agency to be Possible Value Trap.
Key valuation signals for BOM:544026:
Current Ratio: 0.00
GF Value™: ₹215.67 vs. price of ₹121.20 (43.8% below fair value)
No single metric tells the full story. See the BOM:544026 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Renewable Energy Development Agency Ltd is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy. The company operates in two segments: Financing activities in the Renewable Energy (RE) & Energy Efficiency (EE) sector and Generation of power through Solar Plant operations at Kasaragod, Kerala. Majority revenue for the company is genetrated from the segment of financing activities in the RE EE sector.
54GF Score
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