GRE Renew Enertech (BOM:544682) Current Ratio: 3.19 (As of Mar. 2026) — 54% Above Median

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BOM:544682 GRE Renew Enertech Ltd BOM:544682
21 GF Score
Price ₹177.65
! 4 Warning Signs
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What is GRE Renew Enertech Current Ratio?

GRE Renew Enertech BOM:544682 -5.00% 21 Current Ratio is 3.19 as of Mar. 2026, which is 54% above its 10-year median of 2.07. GuruFocus rates BOM:544682 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,028 Semiconductors companies, GRE Renew Enertech ranks better than 62.84% 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. GRE Renew Enertech's current ratio for the quarter that ended in Mar. 2026 was 3.19.

GRE Renew Enertech has a current ratio of 3.19. 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 GRE Renew Enertech's Current Ratio or its related term are showing as below:

BOM:544682' s Current Ratio Range Over the Past 10 Years
Min: 1.23   Med: 2.07   Max: 3.19
Current: 3.19

During the past 4 years, GRE Renew Enertech's highest Current Ratio was 3.19. The lowest was 1.23. And the median was 2.07.

BOM:544682's Current Ratio is ranked better than
62.84% of 1028 companies
in the Semiconductors industry
Industry Median: 2.4 vs BOM:544682: 3.19

GRE Renew Enertech  (BOM:544682) 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.


GRE Renew Enertech Current Ratio Related Terms


GRE Renew Enertech Current Ratio Historical Data

* Premium members only.

The historical data trend for GRE Renew Enertech'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.

GRE Renew Enertech Current Ratio Chart

GRE Renew Enertech Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Current Ratio
1.23 1.71 2.43 3.19

GRE Renew Enertech Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Current Ratio 1.23 1.71 2.43 4.78 3.19

BOM:544682 vs FSLR, NXT, ENPH: Current Ratio Comparison

For the Solar subindustry, GRE Renew Enertech'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.


GRE Renew Enertech Current Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, GRE Renew Enertech's Current Ratio distribution charts can be found below:

* The bar in red indicates where GRE Renew Enertech's Current Ratio falls into.


BOM:544682
21GF Score
GRE Renew Enertech Ltd BOM:544682
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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GRE Renew Enertech 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.

GRE Renew Enertech'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 )
=761.771/238.505
=3.19

GRE Renew Enertech'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 )
=761.771/238.505
=3.19

* 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 3.19 mean?
GRE Renew Enertech (BOM:544682) has a Current Ratio of 3.19 as of Mar. 2026. This is 54% above median its historical median of 2.07. Over the past decade, GRE Renew Enertech's Current Ratio has ranged from 1.23 to 3.19. According to the industry distribution chart, GRE Renew Enertech ranks #382 out of 1028 companies in the Semiconductors industry, placing it in the top 37.2%.
Is GRE Renew Enertech's Current Ratio too high?
GRE Renew Enertech's current Current Ratio of 3.19 is 54% above median its 10-year median of 2.07. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 3.19. The Semiconductors industry median Current Ratio is 2.40. GRE Renew Enertech's value of 3.19 is 32.9% above this industry median. Based on the distribution chart, GRE Renew Enertech ranks #382 out of 1028 companies in the Semiconductors industry, which is above the industry midpoint. Overall, GRE Renew Enertech has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does GRE Renew Enertech's Current Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, GRE Renew Enertech ranks #382 out of 1028 companies for Current Ratio. This puts GRE Renew Enertech in the upper half of its industry. The industry median Current Ratio is 2.40. GRE Renew Enertech's value of 3.19 is 32.9% above this benchmark. Historically, GRE Renew Enertech's own Current Ratio has ranged from 1.23 to 3.19 over the past decade. While the company's 10-year median is 2.07 vs. the industry median of 2.40, GRE Renew Enertech 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 Semiconductors company?
The median Current Ratio among Semiconductors companies is 2.40, based on 1,028 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. GRE Renew Enertech's current Current Ratio of 3.19 is 32.9% 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 Semiconductors industry, the median Current Ratio is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GRE Renew Enertech's current Current Ratio is 3.19, which is 54% above median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GRE Renew Enertech stock overvalued right now?
GRE Renew Enertech (BOM:544682) has a current Current Ratio of 3.19. The current Current Ratio is 3.19, which is 54% above median its 10-year median of 2.07 and 32.9% above the Semiconductors industry median of 2.40. GRE Renew Enertech's overall GF Score™ is 21/100 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 GRE Renew Enertech (BOM:544682), the current Current Ratio is 3.19 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.

GRE Renew Enertech Business Description

Address Science City Road, B-1104/1105, Empire Business Hub, Near Shukan Mall, Sola, Ahmedabad, GJ, IND, 380060
GRE Renew Enertech Ltd is engaged in the manufacturing of LED products, solar power generation systems, and power products. The Company provides on-site solar energy solutions, including rooftop and ground-mounted installations. It operates in two reportable segments: Capital Expenditure (CAPEX), which includes engineering, procurement, construction, and operation of solar projects, and Renewable Energy Service Company (RESCO), under which the Company finances, owns, and operates solar projects and supplies electricity to users at an agreed tariff over a defined period. The Company generates the majority of its revenue from solar services.
21GF 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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