MSAFE Equipments (BOM:544695) Current Ratio: 2.46 (As of Mar. 2026) — 257% Above Median

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BOM:544695 MSAFE Equipments Ltd BOM:544695
21 GF Score
Price ₹230.50
! 6 Warning Signs
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What is MSAFE Equipments Current Ratio?

MSAFE Equipments BOM:544695 -0.24% 21 Current Ratio is 2.46 as of Mar. 2026, which is 257% above its 10-year median of 0.69. GuruFocus rates BOM:544695 with a GF Score™ of 21/100. The stock has 6 warning signs investors should review. Among 2,635 Metals & Mining companies, MSAFE Equipments ranks worse than 52.03% 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. MSAFE Equipments's current ratio for the quarter that ended in Mar. 2026 was 2.46.

MSAFE Equipments has a current ratio of 2.46. It generally indicates good short-term financial strength.

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

BOM:544695' s Current Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.69   Max: 2.46
Current: 2.46

During the past 4 years, MSAFE Equipments's highest Current Ratio was 2.46. The lowest was 0.45. And the median was 0.69.

BOM:544695's Current Ratio is ranked worse than
52.03% of 2635 companies
in the Metals & Mining industry
Industry Median: 2.69 vs BOM:544695: 2.46

MSAFE Equipments  (BOM:544695) 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.


MSAFE Equipments Current Ratio Related Terms


MSAFE Equipments Current Ratio Historical Data

* Premium members only.

The historical data trend for MSAFE Equipments'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.

MSAFE Equipments Current Ratio Chart

MSAFE Equipments Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Current Ratio
0.45 0.61 0.77 2.46

MSAFE Equipments Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Current Ratio 0.45 0.61 0.77 1.07 2.46

BOM:544695 vs AA: Current Ratio Comparison

For the Aluminum subindustry, MSAFE Equipments'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.


MSAFE Equipments Current Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MSAFE Equipments's Current Ratio distribution charts can be found below:

* The bar in red indicates where MSAFE Equipments's Current Ratio falls into.


BOM:544695
21GF Score
MSAFE Equipments Ltd BOM:544695
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MSAFE Equipments 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.

MSAFE Equipments'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 )
=973.31/395.124
=2.46

MSAFE Equipments'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 )
=973.31/395.124
=2.46

* 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 2.46 mean?
MSAFE Equipments (BOM:544695) has a Current Ratio of 2.46 as of Mar. 2026. This is 257% above median its historical median of 0.69. Over the past decade, MSAFE Equipments' Current Ratio has ranged from 0.45 to 2.46. According to the industry distribution chart, MSAFE Equipments ranks #1371 out of 2635 companies in the Metals & Mining industry, placing it in the top 52%.
Is MSAFE Equipments' Current Ratio too high?
MSAFE Equipments' current Current Ratio of 2.46 is 257% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 2.46. The Metals & Mining industry median Current Ratio is 2.69. MSAFE Equipments' value of 2.46 is 8.6% below this industry median. Based on the distribution chart, MSAFE Equipments ranks #1371 out of 2635 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, MSAFE Equipments has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does MSAFE Equipments' Current Ratio compare to AA?
According to the Metals & Mining industry distribution chart, MSAFE Equipments ranks #1371 out of 2635 companies for Current Ratio. This places MSAFE Equipments in the lower half of its industry. The industry median Current Ratio is 2.69. MSAFE Equipments' value of 2.46 is 8.6% below this benchmark. Historically, MSAFE Equipments' own Current Ratio has ranged from 0.45 to 2.46 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 2.69, MSAFE Equipments 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 Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.69, based on 2,635 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. MSAFE Equipments's current Current Ratio of 2.46 is 8.6% 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 Metals & Mining industry, the median Current Ratio is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MSAFE Equipments's current Current Ratio is 2.46, which is 257% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSAFE Equipments stock overvalued right now?
MSAFE Equipments (BOM:544695) has a current Current Ratio of 2.46. The current Current Ratio is 2.46, which is 257% above median its 10-year median of 0.69 and 8.6% below the Metals & Mining industry median of 2.69. MSAFE Equipments' overall GF Score™ is 21/100 with 6 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 MSAFE Equipments (BOM:544695), the current Current Ratio is 2.46 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.

MSAFE Equipments Business Description

Address A-57, Sector-136, 7th Floor, Noida, UP, IND, 201301
MSAFE Equipments Ltd is engaged in the business of manufacturing, sales and rental of access and height-safety equipments, used to facilitate safe working at heights. Its product portfolio includes aluminium scaffoldings, mild steel (MS) scaffoldings, aluminium ladders and fibre reinforced plastic ladders, which are designed to meet varied operational and safety requirements across construction, maintenance, installation, repair and infrastructure development activities. The company offers various types of aluminium scaffoldings such as stairway, narrow-width, extra reach, podium, cantilever, and bridge sections.
21GF Score

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

₹230.50
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