IMKTA (Ingles Markets) Current Ratio: 3.21 (As of Jun. 2026) — 56% Above Median

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IMKTA Ingles Markets Inc IMKTA
68 GF Score
Price $86.96
GF Value $70.09
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Ingles Markets Current Ratio?

Ingles Markets IMKTA -1.68% 68 Current Ratio is 3.21 as of Jun. 2026, which is 56% above its 10-year median of 2.06. GuruFocus rates IMKTA with a GF Score™ of 68/100 and a GF Value™ of $70.09 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 311 Retail - Defensive companies, Ingles Markets ranks better than 83.92% 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. Ingles Markets's current ratio for the quarter that ended in Jun. 2026 was 3.21.

Ingles Markets has a current ratio of 3.21. 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 Ingles Markets's Current Ratio or its related term are showing as below:

IMKTA' s Current Ratio Range Over the Past 10 Years
Min: 1.37   Med: 2.06   Max: 3.36
Current: 3.21

During the past 13 years, Ingles Markets's highest Current Ratio was 3.36. The lowest was 1.37. And the median was 2.06.

IMKTA's Current Ratio is ranked better than
83.92% of 311 companies
in the Retail - Defensive industry
Industry Median: 1.33 vs IMKTA: 3.21

Ingles Markets  (NAS:IMKTA) 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.


Ingles Markets Current Ratio Related Terms


Ingles Markets Current Ratio Historical Data

* Premium members only.

The historical data trend for Ingles Markets'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.

Ingles Markets Current Ratio Chart

Ingles Markets Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 2.51 2.88 2.89 3.22

Ingles Markets Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.14 3.22 3.36 3.34 3.21

IMKTA vs WMK, GO, NGVC: Current Ratio Comparison

For the Grocery Stores subindustry, Ingles Markets'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.


Ingles Markets Current Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ingles Markets's Current Ratio distribution charts can be found below:

* The bar in red indicates where Ingles Markets's Current Ratio falls into.


IMKTA
68GF Score
Ingles Markets Inc IMKTA
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ingles Markets 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.

Ingles Markets's Current Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Current Ratio (A: Sep. 2025 )=Total Current Assets (A: Sep. 2025 )/Total Current Liabilities (A: Sep. 2025 )
=975.557/302.903
=3.22

Ingles Markets's Current Ratio for the quarter that ended in Jun. 2026 is calculated as

Current Ratio (Q: Jun. 2026 )=Total Current Assets (Q: Jun. 2026 )/Total Current Liabilities (Q: Jun. 2026 )
=1056.764/329.208
=3.21

* 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 3.21 mean?
Ingles Markets (IMKTA) has a Current Ratio of 3.21 as of Jun. 2026. This is 56% above median its historical median of 2.06. Over the past decade, Ingles Markets' Current Ratio has ranged from 1.37 to 3.36. According to the industry distribution chart, Ingles Markets ranks #50 out of 311 companies in the Retail - Defensive industry, placing it in the top 16.1%.
Is Ingles Markets' Current Ratio too high?
Ingles Markets' current Current Ratio of 3.21 is 56% above median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 3.36. The Retail - Defensive industry median Current Ratio is 1.33. Ingles Markets' value of 3.21 is 141.4% above this industry median. Based on the distribution chart, Ingles Markets ranks #50 out of 311 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Ingles Markets has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ingles Markets' Current Ratio compare to WMK and GO?
According to the Retail - Defensive industry distribution chart, Ingles Markets ranks #50 out of 311 companies for Current Ratio. This places Ingles Markets in the top 16% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.33. Ingles Markets' value of 3.21 is 141.4% above this benchmark. Historically, Ingles Markets' own Current Ratio has ranged from 1.37 to 3.36 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 1.33, Ingles Markets 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 Retail - Defensive company?
The median Current Ratio among Retail - Defensive companies is 1.33, based on 311 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. Ingles Markets's current Current Ratio of 3.21 is 141.4% 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 Retail - Defensive industry, the median Current Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingles Markets's current Current Ratio is 3.21, which is 56% above median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingles Markets stock overvalued right now?
Based on GuruFocus' analysis, Ingles Markets (IMKTA) is currently considered Modestly Overvalued. The stock's GF Value™ is $70.09, compared to a current price of $86.96 — trading 24.1% above its estimated fair value. The current Current Ratio is 3.21, which is 56% above median its 10-year median of 2.06 and 141.4% above the Retail - Defensive industry median of 1.33. Ingles Markets' overall GF Score™ is 68/100 with 7 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 Ingles Markets (IMKTA), the current Current Ratio is 3.21 as of Jun. 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.

Is Ingles Markets (IMKTA) Overvalued in 2026?

Based on GuruFocus' analysis, Ingles Markets stock appears to be overvalued. The current stock price of $86.96 is trading 24.1% above its estimated GF Value™ of $70.09. GuruFocus considers Ingles Markets to be Modestly Overvalued.

Key valuation signals for IMKTA:

  • Current Ratio: 3.21 (56% above median its 10-year median of 2.06)
  • GF Value™: $70.09 vs. price of $86.96 (24.1% above fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 141.4% above the Retail - Defensive median (#50 of 311)

No single metric tells the full story. See the IMKTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ingles Markets Business Description

Other Exchanges IN3A:Germany
Address 2913 U.S. Highway 70 West, Black Mountain, NC, USA, 28711
Ingles Markets Inc is a U.S.-based company that is principally engaged in operating a supermarket chain. The company operates the business in the southeast United States, mainly in Georgia, North Carolina, South Carolina, and Tennessee, with a few stores in Virginia and Alabama as well. The company locates its stores majorly in suburban areas, small towns, and neighborhood areas. It offers a broad range of goods, including food products, pharmacies, health and beauty care products, and general merchandise. The retail business contributes the majority of the company's revenue. The company's real estate ownership of a material portion of total stores enables it to generate rental income.
68GF Score

Get the complete analysis for IMKTA

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

$86.96
Price
$70.09
GF Value