Icodex Publishing Solutions (BOM:544483) Current Ratio: 2.70 (As of Mar. 2026) — Near Median

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BOM:544483 Icodex Publishing Solutions Ltd BOM:544483
22 GF Score
Price ₹36.69
! 4 Warning Signs
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What is Icodex Publishing Solutions Current Ratio?

Icodex Publishing Solutions BOM:544483 -5.17% 22 Current Ratio is 2.70 as of Mar. 2026, which is 9% above its 10-year median of 2.47. GuruFocus rates BOM:544483 with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 2,873 Software companies, Icodex Publishing Solutions ranks better than 68.71% 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. Icodex Publishing Solutions's current ratio for the quarter that ended in Mar. 2026 was 2.70.

Icodex Publishing Solutions has a current ratio of 2.70. It generally indicates good short-term financial strength.

The historical rank and industry rank for Icodex Publishing Solutions's Current Ratio or its related term are showing as below:

BOM:544483' s Current Ratio Range Over the Past 10 Years
Min: 2.03   Med: 2.47   Max: 2.7
Current: 2.7

During the past 5 years, Icodex Publishing Solutions's highest Current Ratio was 2.70. The lowest was 2.03. And the median was 2.47.

BOM:544483's Current Ratio is ranked better than
68.71% of 2873 companies
in the Software industry
Industry Median: 1.79 vs BOM:544483: 2.70

Icodex Publishing Solutions  (BOM:544483) 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.


Icodex Publishing Solutions Current Ratio Related Terms


Icodex Publishing Solutions Current Ratio Historical Data

* Premium members only.

The historical data trend for Icodex Publishing Solutions'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.

Icodex Publishing Solutions Current Ratio Chart

Icodex Publishing Solutions Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
2.10 2.47 2.58 2.03 2.70

Icodex Publishing Solutions Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial 2.58 3.65 2.03 4.44 2.70

BOM:544483 vs QH, SHOP, UBER: Current Ratio Comparison

For the Software - Application subindustry, Icodex Publishing Solutions'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.


Icodex Publishing Solutions Current Ratio vs Software Industry

For the Software industry and Technology sector, Icodex Publishing Solutions's Current Ratio distribution charts can be found below:

* The bar in red indicates where Icodex Publishing Solutions's Current Ratio falls into.


BOM:544483
22GF Score
Icodex Publishing Solutions Ltd BOM:544483
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Icodex Publishing Solutions 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.

Icodex Publishing Solutions'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 )
=255.002/94.596
=2.70

Icodex Publishing Solutions'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 )
=255.002/94.596
=2.70

* 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 2.70 mean?
Icodex Publishing Solutions (BOM:544483) has a Current Ratio of 2.70 as of Mar. 2026. This is near median its historical median of 2.47. Over the past decade, Icodex Publishing Solutions' Current Ratio has ranged from 2.03 to 2.70. According to the industry distribution chart, Icodex Publishing Solutions ranks #899 out of 2873 companies in the Software industry, placing it in the top 31.3%.
Is Icodex Publishing Solutions' Current Ratio too high?
Icodex Publishing Solutions' current Current Ratio of 2.70 is near median its 10-year median of 2.47. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 2.70. The Software industry median Current Ratio is 1.79. Icodex Publishing Solutions' value of 2.70 is 50.8% above this industry median. Based on the distribution chart, Icodex Publishing Solutions ranks #899 out of 2873 companies in the Software industry, which is above the industry midpoint. Overall, Icodex Publishing Solutions has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Icodex Publishing Solutions' Current Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Icodex Publishing Solutions ranks #899 out of 2873 companies for Current Ratio. This puts Icodex Publishing Solutions in the upper half of its industry. The industry median Current Ratio is 1.79. Icodex Publishing Solutions' value of 2.70 is 50.8% above this benchmark. Historically, Icodex Publishing Solutions' own Current Ratio has ranged from 2.03 to 2.70 over the past decade. While the company's 10-year median is 2.47 vs. the industry median of 1.79, Icodex Publishing Solutions 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 Software company?
The median Current Ratio among Software companies is 1.79, based on 2,873 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. Icodex Publishing Solutions's current Current Ratio of 2.70 is 50.8% 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 Software industry, the median Current Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icodex Publishing Solutions's current Current Ratio is 2.70, which is near median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icodex Publishing Solutions stock overvalued right now?
Icodex Publishing Solutions (BOM:544483) has a current Current Ratio of 2.70. The current Current Ratio is 2.70, which is near median its 10-year median of 2.47 and 50.8% above the Software industry median of 1.79. Icodex Publishing Solutions' overall GF Score™ is 22/100 with 4 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 Icodex Publishing Solutions (BOM:544483), the current Current Ratio is 2.70 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.

Icodex Publishing Solutions Business Description

Address 102, First Floor, Suman Business Park, Kalyani Nagar, Viman Nagar, Pune, MH, IND, 411014
Icodex Publishing Solutions Ltd is engaged in the business of Software Product Development for Scholarly Publishing. Its Software products help in publication of research papers, studies and academic articles; that help researchers, academicians, and scholars in their field of work. The company specializes in a developing and providing publishing products and software, which support the publishing process, i.e., from manuscript preparation till print and digital content distribution. It also provides Business Process Management services that support the publishing process with activities like Quality assurance checks, editorial services and back-end support to its Global Publishing Client.
22GF 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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