Aastha Spintex (NSE:AASTHA) Current Ratio: 1.64 (As of Mar. 2025) — 27% Above Median

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NSE:AASTHA Aastha Spintex Ltd NSE:AASTHA
14 GF Score
Price ₹102.62
! 1 Warning Sign
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What is Aastha Spintex Current Ratio?

Aastha Spintex NSE:AASTHA -0.37% 14 Current Ratio is 1.64 as of Mar. 2025, which is 27% above its 10-year median of 1.29. GuruFocus rates NSE:AASTHA with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, Aastha Spintex ranks worse than 55.58% 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. Aastha Spintex's current ratio for the quarter that ended in Mar. 2025 was 1.64.

Aastha Spintex has a current ratio of 1.64. It generally indicates good short-term financial strength.

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

NSE:AASTHA' s Current Ratio Range Over the Past 10 Years
Min: 1.23   Med: 1.29   Max: 1.64
Current: 1.64

During the past 3 years, Aastha Spintex's highest Current Ratio was 1.64. The lowest was 1.23. And the median was 1.29.

NSE:AASTHA's Current Ratio is ranked worse than
55.58% of 1067 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.8 vs NSE:AASTHA: 1.64

Aastha Spintex  (NSE:AASTHA) 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.


Aastha Spintex Current Ratio Related Terms


Aastha Spintex Current Ratio Historical Data

* Premium members only.

The historical data trend for Aastha Spintex'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.

Aastha Spintex Current Ratio Chart

Aastha Spintex Annual Data
Trend Mar23 Mar24 Mar25
Current Ratio
1.23 1.29 1.64

Aastha Spintex Semi-Annual Data
Mar23 Mar24 Mar25
Current Ratio 1.23 1.29 1.64

NSE:AASTHA vs : Current Ratio Comparison

For the Textile Manufacturing subindustry, Aastha Spintex'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.


Aastha Spintex Current Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aastha Spintex's Current Ratio distribution charts can be found below:

* The bar in red indicates where Aastha Spintex's Current Ratio falls into.


NSE:AASTHA
14GF Score
Aastha Spintex Ltd NSE:AASTHA
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aastha Spintex 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.

Aastha Spintex's Current Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Current Ratio (A: Mar. 2025 )=Total Current Assets (A: Mar. 2025 )/Total Current Liabilities (A: Mar. 2025 )
=1927.449/1178.364
=1.64

Aastha Spintex's Current Ratio for the quarter that ended in Mar. 2025 is calculated as

Current Ratio (Q: Mar. 2025 )=Total Current Assets (Q: Mar. 2025 )/Total Current Liabilities (Q: Mar. 2025 )
=1927.449/1178.364
=1.64

* 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 1.64 mean?
Aastha Spintex (NSE:AASTHA) has a Current Ratio of 1.64 as of Mar. 2025. This is 27% above median its historical median of 1.29. Over the past decade, Aastha Spintex's Current Ratio has ranged from 1.23 to 1.64. According to the industry distribution chart, Aastha Spintex ranks #593 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 55.6%.
Is Aastha Spintex's Current Ratio too high?
Aastha Spintex's current Current Ratio of 1.64 is 27% above median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 1.64. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.80. Aastha Spintex's value of 1.64 is 8.9% below this industry median. Based on the distribution chart, Aastha Spintex ranks #593 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Aastha Spintex has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Aastha Spintex's Current Ratio compare to ?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Aastha Spintex ranks #593 out of 1067 companies for Current Ratio. This places Aastha Spintex in the lower half of its industry. The industry median Current Ratio is 1.80. Aastha Spintex's value of 1.64 is 8.9% below this benchmark. Historically, Aastha Spintex's own Current Ratio has ranged from 1.23 to 1.64 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 1.80, Aastha Spintex 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 Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.80, based on 1,067 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. Aastha Spintex's current Current Ratio of 1.64 is 8.9% 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 Manufacturing - Apparel & Accessories industry, the median Current Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aastha Spintex's current Current Ratio is 1.64, which is 27% above median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aastha Spintex stock overvalued right now?
Aastha Spintex (NSE:AASTHA) has a current Current Ratio of 1.64. The current Current Ratio is 1.64, which is 27% above median its 10-year median of 1.29 and 8.9% below the Manufacturing - Apparel & Accessories industry median of 1.80. Aastha Spintex's overall GF Score™ is 14/100 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 Aastha Spintex (NSE:AASTHA), the current Current Ratio is 1.64 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.

Aastha Spintex Business Description

Comparable Companies
Other Exchanges 544808:India
Address Halvadmaliya Highway, Survey No 1441 1442 1448/1 1449 1450/2 P2 & 1443/P2, Halvad, Surendra Nagar, GJ, IND, 363 330
Aastha Spintex Ltd is engaged in the business of manufacturing and trading of carded, combed and compact combed cotton yarns and cotton bales. Its cotton bales are used for captive consumption in yarn production and are also supplied to other spinning units. The company's cotton yarn products are used in knitting and weaving applications across end-use segments including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. The majority of the company's revenue is derived from the sale of Cotton Yarn.
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₹102.62
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