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Turtlemint Fintech SolutionsBOM:544799 +2.32%8 Current Ratio is 3.50 as of Mar. 2025, which is 44% below its 10-year median of 6.27. GuruFocus rates BOM:544799 with a GF Score™ of 8/100. The stock has 1 warning sign investors should review. Among 68 Insurance companies, Turtlemint Fintech Solutions ranks better than 82.35% 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. Turtlemint Fintech Solutions's current ratio for the quarter that ended in Mar. 2025 was 3.50.
Turtlemint Fintech Solutions has a current ratio of 3.50. 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 Turtlemint Fintech Solutions's Current Ratio or its related term are showing as below:
BOM:544799'
s Current Ratio Range Over the Past 10 Years
Min: 3.5 Med: 6.27 Max: 16.89
Current: 3.5
During the past 3 years, Turtlemint Fintech Solutions's highest Current Ratio was 16.89. The lowest was 3.50. And the median was 6.27.
BOM:544799's Current Ratio is ranked better than 82.35% of 68
companies
in the Insurance industry
Industry Median: 1.675
vs BOM:544799: 3.50
Turtlemint Fintech Solutions (BOM:544799) 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.
Turtlemint Fintech Solutions Current Ratio Related Terms
Turtlemint Fintech Solutions Current Ratio Historical Data
* 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.
Turtlemint Fintech Solutions Current Ratio Chart
Turtlemint Fintech Solutions Annual Data
Trend
Mar23
Mar24
Mar25
Current Ratio
6.27
16.89
3.50
Turtlemint Fintech Solutions Semi-Annual Data
Mar23
Mar24
Mar25
Current Ratio
6.27
16.89
3.50
BOM:544799 vs MRSH, AON, AJG: Current Ratio Comparison
For the Insurance Brokers subindustry, Turtlemint Fintech 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.
Turtlemint Fintech Solutions Current Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Turtlemint Fintech Solutions's Current Ratio distribution charts can be found below:
* The bar in red indicates where Turtlemint Fintech Solutions'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.
Turtlemint Fintech Solutions (BOM:544799) has a Current Ratio of 3.50 as of Mar. 2025. This is 44% below median its historical median of 6.27. Over the past decade, Turtlemint Fintech Solutions' Current Ratio has ranged from 3.50 to 16.89. According to the industry distribution chart, Turtlemint Fintech Solutions ranks #12 out of 68 companies in the Insurance industry, placing it in the top 17.6%.
Is Turtlemint Fintech Solutions' Current Ratio too high?
Turtlemint Fintech Solutions' current Current Ratio of 3.50 is 44% below median its 10-year median of 6.27. Over the past 10 years, this metric has ranged from a low of 3.50 to a high of 16.89. The Insurance industry median Current Ratio is 1.68. Turtlemint Fintech Solutions' value of 3.50 is 109% above this industry median. Based on the distribution chart, Turtlemint Fintech Solutions ranks #12 out of 68 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Turtlemint Fintech Solutions has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Turtlemint Fintech Solutions' Current Ratio compare to MRSH and AON?
According to the Insurance industry distribution chart, Turtlemint Fintech Solutions ranks #12 out of 68 companies for Current Ratio. This places Turtlemint Fintech Solutions in the top 18% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.68. Turtlemint Fintech Solutions' value of 3.50 is 109% above this benchmark. Historically, Turtlemint Fintech Solutions' own Current Ratio has ranged from 3.50 to 16.89 over the past decade. While the company's 10-year median is 6.27 vs. the industry median of 1.68, Turtlemint Fintech 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 an Insurance company?
The median Current Ratio among Insurance companies is 1.68, based on 68 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. Turtlemint Fintech Solutions's current Current Ratio of 3.50 is 109% 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 Insurance industry, the median Current Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turtlemint Fintech Solutions's current Current Ratio is 3.50, which is 44% below median its own 10-year median of 6.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turtlemint Fintech Solutions stock overvalued right now?
Turtlemint Fintech Solutions (BOM:544799) has a current Current Ratio of 3.50. The current Current Ratio is 3.50, which is 44% below median its 10-year median of 6.27 and 109% above the Insurance industry median of 1.68. Turtlemint Fintech Solutions' overall GF Score™ is 8/100 with 1 warning sign 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 Turtlemint Fintech Solutions (BOM:544799), the current Current Ratio is 3.50 as of Mar. 2025. 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.
Turtlemint Fintech Solutions Ltd is engaged in the business of providing information technology and business support services, advertising and marketing services and distribution of mutual funds. It also provides insurance broking services for retail insurance products such as motor, health, and life insurance. The company owns the TurtlemintPro application, which is used to facilitate the promotion of its services. It derives the majority of its revenue from general insurance companies, arising from the sale of motor insurance products.
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