Alpex SolarNSE:ALPEXSOLAR -1.94%55 Current Ratio is 1.71 as of Mar. 2026, which is 11% above its 10-year median of 1.54. GuruFocus rates NSE:ALPEXSOLAR with a GF Score™ of 55/100. The stock has 2 warning signs investors should review. Among 1,027 Semiconductors companies, Alpex Solar ranks worse than 67.77% 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. Alpex Solar's current ratio for the quarter that ended in Mar. 2026 was 1.71.
Alpex Solar has a current ratio of 1.71. It generally indicates good short-term financial strength.
The historical rank and industry rank for Alpex Solar's Current Ratio or its related term are showing as below:
NSE:ALPEXSOLAR'
s Current Ratio Range Over the Past 10 Years
Min: 1.32 Med: 1.54 Max: 1.87
Current: 1.71
During the past 6 years, Alpex Solar's highest Current Ratio was 1.87. The lowest was 1.32. And the median was 1.54.
NSE:ALPEXSOLAR's Current Ratio is ranked worse than 67.77% of 1027
companies
in the Semiconductors industry
Industry Median: 2.49
vs NSE:ALPEXSOLAR: 1.71
Alpex Solar (NSE:ALPEXSOLAR) 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.
Alpex Solar Current Ratio Related Terms
Alpex Solar Current Ratio Historical Data
* Premium members only.
The historical data trend for Alpex Solar'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.
NSE:ALPEXSOLAR vs FSLR, NXT, ENPH: Current Ratio Comparison
For the Solar subindustry, Alpex Solar'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.
Alpex Solar Current Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Alpex Solar's Current Ratio distribution charts can be found below:
* The bar in red indicates where Alpex Solar'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.
Alpex Solar (NSE:ALPEXSOLAR) has a Current Ratio of 1.71 as of Mar. 2026. This is 11% above median its historical median of 1.54. Over the past decade, Alpex Solar's Current Ratio has ranged from 1.32 to 1.87. According to the industry distribution chart, Alpex Solar ranks #696 out of 1027 companies in the Semiconductors industry, placing it in the top 67.8%.
Is Alpex Solar's Current Ratio too high?
Alpex Solar's current Current Ratio of 1.71 is 11% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 1.87. The Semiconductors industry median Current Ratio is 2.49. Alpex Solar's value of 1.71 is 31.3% below this industry median. Based on the distribution chart, Alpex Solar ranks #696 out of 1027 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Alpex Solar has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Alpex Solar's Current Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Alpex Solar ranks #696 out of 1027 companies for Current Ratio. This places Alpex Solar in the lower half of its industry. The industry median Current Ratio is 2.49. Alpex Solar's value of 1.71 is 31.3% below this benchmark. Historically, Alpex Solar's own Current Ratio has ranged from 1.32 to 1.87 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 2.49, Alpex Solar 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 Semiconductors company?
The median Current Ratio among Semiconductors companies is 2.49, based on 1,027 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. Alpex Solar's current Current Ratio of 1.71 is 31.3% 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 Semiconductors industry, the median Current Ratio is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpex Solar's current Current Ratio is 1.71, which is 11% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpex Solar stock overvalued right now?
Alpex Solar (NSE:ALPEXSOLAR) has a current Current Ratio of 1.71. The current Current Ratio is 1.71, which is 11% above median its 10-year median of 1.54 and 31.3% below the Semiconductors industry median of 2.49. Alpex Solar's overall GF Score™ is 55/100 with 2 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 Alpex Solar (NSE:ALPEXSOLAR), the current Current Ratio is 1.71 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.
Alpex Solar Ltd is a solar photovoltaic (PV) module manufacturer in India. Its PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. The company portfolio of solar energy products consists of bifacial, mono PERC, Halfcut solar PV modules, and also provides integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories. Geographically, the company generates the majority of its revenue from India.
55GF Score
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