Amkay Products (BOM:544169) Current Ratio: 3.29 (As of Mar. 2026) — 78% Above Median

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BOM:544169 Amkay Products Ltd BOM:544169
37 GF Score
Price ₹46.00
! 2 Warning Signs
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What is Amkay Products Current Ratio?

Amkay Products BOM:544169 37 Current Ratio is 3.29 as of Mar. 2026, which is 78% above its 10-year median of 1.85. GuruFocus rates BOM:544169 with a GF Score™ of 37/100. The stock has 2 warning signs investors should review. Among 851 Medical Devices & Instruments companies, Amkay Products ranks better than 63.22% 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. Amkay Products's current ratio for the quarter that ended in Mar. 2026 was 3.29.

Amkay Products has a current ratio of 3.29. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

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

BOM:544169' s Current Ratio Range Over the Past 10 Years
Min: 1.32   Med: 1.85   Max: 3.66
Current: 3.29

During the past 6 years, Amkay Products's highest Current Ratio was 3.66. The lowest was 1.32. And the median was 1.85.

BOM:544169's Current Ratio is ranked better than
63.22% of 851 companies
in the Medical Devices & Instruments industry
Industry Median: 2.46 vs BOM:544169: 3.29

Amkay Products  (BOM:544169) 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.


Amkay Products Current Ratio Related Terms


Amkay Products Current Ratio Historical Data

* Premium members only.

The historical data trend for Amkay Products'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.

Amkay Products Current Ratio Chart

Amkay Products Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 1.57 1.96 1.74 3.66 3.29

Amkay Products Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only 1.74 3.69 3.66 4.40 3.29

BOM:544169 vs ISRG, BDX, MDLN: Current Ratio Comparison

For the Medical Instruments & Supplies subindustry, Amkay Products'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.


Amkay Products Current Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Amkay Products's Current Ratio distribution charts can be found below:

* The bar in red indicates where Amkay Products's Current Ratio falls into.


BOM:544169
37GF Score
Amkay Products Ltd BOM:544169
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Amkay Products 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.

Amkay Products'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 )
=205.073/62.269
=3.29

Amkay Products'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 )
=205.073/62.269
=3.29

* 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 3.29 mean?
Amkay Products (BOM:544169) has a Current Ratio of 3.29 as of Mar. 2026. This is 78% above median its historical median of 1.85. Over the past decade, Amkay Products' Current Ratio has ranged from 1.32 to 3.66. According to the industry distribution chart, Amkay Products ranks #313 out of 851 companies in the Medical Devices & Instruments industry, placing it in the top 36.8%.
Is Amkay Products' Current Ratio too high?
Amkay Products' current Current Ratio of 3.29 is 78% above median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 3.66. The Medical Devices & Instruments industry median Current Ratio is 2.46. Amkay Products' value of 3.29 is 33.7% above this industry median. Based on the distribution chart, Amkay Products ranks #313 out of 851 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Amkay Products has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Amkay Products' Current Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Amkay Products ranks #313 out of 851 companies for Current Ratio. This puts Amkay Products in the upper half of its industry. The industry median Current Ratio is 2.46. Amkay Products' value of 3.29 is 33.7% above this benchmark. Historically, Amkay Products' own Current Ratio has ranged from 1.32 to 3.66 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 2.46, Amkay Products 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 Medical Devices & Instruments company?
The median Current Ratio among Medical Devices & Instruments companies is 2.46, based on 851 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. Amkay Products's current Current Ratio of 3.29 is 33.7% 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 Medical Devices & Instruments industry, the median Current Ratio is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amkay Products's current Current Ratio is 3.29, which is 78% above median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amkay Products stock overvalued right now?
Amkay Products (BOM:544169) has a current Current Ratio of 3.29. The current Current Ratio is 3.29, which is 78% above median its 10-year median of 1.85 and 33.7% above the Medical Devices & Instruments industry median of 2.46. Amkay Products' overall GF Score™ is 37/100 with 2 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 Amkay Products (BOM:544169), the current Current Ratio is 3.29 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.

Amkay Products Business Description

Address Waliv Road, Bunglow No. 68, Rashmi Park CHS Ltd, Dhumal Nagar, Taluka Vasai, Vasai (East) Thane, Palghar, MH, IND, 401208
Amkay Products Ltd is a healthcare company. It manufacture, assemble & market a comprehensive portfolio of medical devices, disposables and other Healthcare Products like Face Mask, Alcohol Swabs, Lancet Needles, Nebulizer, Pulse Oximeter, surgeon cap etc. used by healthcare centers, hospitals/clinics, nursing homes etc. Additionally, engaged in branding and marketing of some of the products like Diapers, Plastic Gloves, Suction Machines etc.
37GF Score

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

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