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.
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.
Shanti SpintexBOM:544059 +4.30%44 Current Ratio is 1.47 as of Mar. 2026, which is 4% below its 10-year median of 1.53. GuruFocus rates BOM:544059 with a GF Score™ of 44/100. The stock has 5 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Shanti Spintex ranks worse than 61.83% 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. Shanti Spintex's current ratio for the quarter that ended in Mar. 2026 was 1.47.
Shanti Spintex has a current ratio of 1.47. It generally indicates good short-term financial strength.
The historical rank and industry rank for Shanti Spintex's Current Ratio or its related term are showing as below:
BOM:544059'
s Current Ratio Range Over the Past 10 Years
Min: 1.32 Med: 1.53 Max: 1.64
Current: 1.47
During the past 6 years, Shanti Spintex's highest Current Ratio was 1.64. The lowest was 1.32. And the median was 1.53.
BOM:544059's Current Ratio is ranked worse than 61.83% of 1069
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.8
vs BOM:544059: 1.47
Shanti Spintex (BOM:544059) 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.
Shanti Spintex Current Ratio Related Terms
Shanti Spintex Current Ratio Historical Data
* Premium members only.
The historical data trend for Shanti Spintex'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.
Shanti Spintex Current Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Shanti Spintex'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.
Shanti Spintex Current Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanti Spintex's Current Ratio distribution charts can be found below:
* The bar in red indicates where Shanti Spintex'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.
Shanti Spintex (BOM:544059) has a Current Ratio of 1.47 as of Mar. 2026. This is near median its historical median of 1.53. Over the past decade, Shanti Spintex's Current Ratio has ranged from 1.32 to 1.64. According to the industry distribution chart, Shanti Spintex ranks #661 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 61.8%.
Is Shanti Spintex's Current Ratio too high?
Shanti Spintex's current Current Ratio of 1.47 is near median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 1.64. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.80. Shanti Spintex's value of 1.47 is 18.3% below this industry median. Based on the distribution chart, Shanti Spintex ranks #661 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Shanti Spintex has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Shanti Spintex's Current Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shanti Spintex ranks #661 out of 1069 companies for Current Ratio. This places Shanti Spintex in the lower half of its industry. The industry median Current Ratio is 1.80. Shanti Spintex's value of 1.47 is 18.3% below this benchmark. Historically, Shanti Spintex's own Current Ratio has ranged from 1.32 to 1.64 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 1.80, Shanti Spintex 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 Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.80, based on 1,069 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. Shanti Spintex's current Current Ratio of 1.47 is 18.3% 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 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. Shanti Spintex's current Current Ratio is 1.47, which is near median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanti Spintex stock overvalued right now?
Shanti Spintex (BOM:544059) has a current Current Ratio of 1.47. The current Current Ratio is 1.47, which is near median its 10-year median of 1.53 and 18.3% below the Manufacturing - Apparel & Accessories industry median of 1.80. Shanti Spintex's overall GF Score™ is 44/100 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 Shanti Spintex (BOM:544059), the current Current Ratio is 1.47 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.
Shanti Spintex Ltd is engaged in the Manufacturing and selling of Cotton Yarn and Fabrics. It manufactures various types of denim fabrics such as power stretch spandex denim, knit denim, lightweight denim, rigid denim, over-dyed denim, and flat finish 3/1 denim and also offers denim fabrics in a diverse spectrum of shades such as indigo blue, IBST, sulphur black, sulphur grey, etc. The Company's operations encompass the utilization of diverse types of yarns such as cotton yarn, ring yarn, viscose yarn, slub yarn, cotton spandex, polyester spandex, tencel, lyocell, etc. The Company is currently organized into two operating activities - 1. Textile Manufacturing and 2. Windmill Operations. The company generates the majority of its revenue from the Textile segment.
44GF Score
Get the complete analysis for BOM:544059
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:544059 has been successfully added to your 
