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Manipal Health EnterprisesBOM:544847 -3.22%13 Current Ratio is 1.22 as of Mar. 2026, which is 2% below its 10-year median of 1.24. GuruFocus rates BOM:544847 with a GF Score™ of 13/100. The stock has 1 warning sign investors should review. Among 686 Healthcare Providers & Services companies, Manipal Health Enterprises ranks worse than 60.35% 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. Manipal Health Enterprises's current ratio for the quarter that ended in Mar. 2026 was 1.22.
Manipal Health Enterprises has a current ratio of 1.22. It generally indicates good short-term financial strength.
The historical rank and industry rank for Manipal Health Enterprises's Current Ratio or its related term are showing as below:
BOM:544847'
s Current Ratio Range Over the Past 10 Years
Min: 1.22 Med: 1.24 Max: 1.48
Current: 1.22
During the past 3 years, Manipal Health Enterprises's highest Current Ratio was 1.48. The lowest was 1.22. And the median was 1.24.
BOM:544847's Current Ratio is ranked worse than 60.35% of 686
companies
in the Healthcare Providers & Services industry
Industry Median: 1.42
vs BOM:544847: 1.22
Manipal Health Enterprises (BOM:544847) 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.
Manipal Health Enterprises Current Ratio Related Terms
Manipal Health Enterprises 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.
Manipal Health Enterprises Current Ratio Chart
Manipal Health Enterprises Annual Data
Trend
Mar24
Mar25
Mar26
Current Ratio
1.24
1.48
1.22
Manipal Health Enterprises Semi-Annual Data
Mar24
Mar25
Mar26
Current Ratio
1.24
1.48
1.22
BOM:544847 vs HCA, THC, EHC: Current Ratio Comparison
For the Medical Care Facilities subindustry, Manipal Health Enterprises'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.
Manipal Health Enterprises Current Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Manipal Health Enterprises's Current Ratio distribution charts can be found below:
* The bar in red indicates where Manipal Health Enterprises'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.
Manipal Health Enterprises (BOM:544847) has a Current Ratio of 1.22 as of Mar. 2026. This is near median its historical median of 1.24. Over the past decade, Manipal Health Enterprises' Current Ratio has ranged from 1.22 to 1.48. According to the industry distribution chart, Manipal Health Enterprises ranks #414 out of 686 companies in the Healthcare Providers & Services industry, placing it in the top 60.3%.
Is Manipal Health Enterprises' Current Ratio too high?
Manipal Health Enterprises' current Current Ratio of 1.22 is near median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 1.48. The Healthcare Providers & Services industry median Current Ratio is 1.42. Manipal Health Enterprises' value of 1.22 is 14.1% below this industry median. Based on the distribution chart, Manipal Health Enterprises ranks #414 out of 686 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Manipal Health Enterprises has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Manipal Health Enterprises' Current Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Manipal Health Enterprises ranks #414 out of 686 companies for Current Ratio. This places Manipal Health Enterprises in the lower half of its industry. The industry median Current Ratio is 1.42. Manipal Health Enterprises' value of 1.22 is 14.1% below this benchmark. Historically, Manipal Health Enterprises' own Current Ratio has ranged from 1.22 to 1.48 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 1.42, Manipal Health Enterprises 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 Healthcare Providers & Services company?
The median Current Ratio among Healthcare Providers & Services companies is 1.42, based on 686 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. Manipal Health Enterprises's current Current Ratio of 1.22 is 14.1% 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 Healthcare Providers & Services industry, the median Current Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manipal Health Enterprises's current Current Ratio is 1.22, which is near median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manipal Health Enterprises stock overvalued right now?
Manipal Health Enterprises (BOM:544847) has a current Current Ratio of 1.22. The current Current Ratio is 1.22, which is near median its 10-year median of 1.24 and 14.1% below the Healthcare Providers & Services industry median of 1.42. Manipal Health Enterprises' overall GF Score™ is 13/100 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 Manipal Health Enterprises (BOM:544847), the current Current Ratio is 1.22 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.
Manipal Health Enterprises Ltd is engaged in the business of running/managing hospitals and providing healthcare services. The company operates through various Hospitals/clinics providing Healthcare services and diagnostic centres in India. It offers clinical services across several specialties, with a focus on tertiary and quaternary care, particularly in cardiac sciences, oncology, neurosciences, gastro sciences, orthopedics, and renal sciences. It has a single business segment, namely engaged in the business of healthcare services. The company generates revenue by providing inpatient care at its hospitals.
13GF Score
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