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Solve Plastic ProductsNSE:BALCO 7 Current Ratio is 1.23 as of Sep. 2025, which is 19% above its 10-year median of 1.03. GuruFocus rates NSE:BALCO with a GF Score™ of 7/100. The stock has 2 warning signs investors should review. Among 3,077 Industrial Products companies, Solve Plastic Products ranks worse than 82.06% 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. Solve Plastic Products's current ratio for the quarter that ended in Sep. 2025 was 1.23.
Solve Plastic Products has a current ratio of 1.23. It generally indicates good short-term financial strength.
The historical rank and industry rank for Solve Plastic Products's Current Ratio or its related term are showing as below:
NSE:BALCO'
s Current Ratio Range Over the Past 10 Years
Min: 0.85 Med: 1.03 Max: 1.77
Current: 1.23
During the past 5 years, Solve Plastic Products's highest Current Ratio was 1.77. The lowest was 0.85. And the median was 1.03.
NSE:BALCO's Current Ratio is ranked worse than 82.06% of 3077
companies
in the Industrial Products industry
Industry Median: 1.96
vs NSE:BALCO: 1.23
Solve Plastic Products (NSE:BALCO) 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.
Solve Plastic Products Current Ratio Related Terms
Solve Plastic Products 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.
For the Electrical Equipment & Parts subindustry, Solve Plastic Products'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.
Solve Plastic Products Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Solve Plastic Products's Current Ratio distribution charts can be found below:
* The bar in red indicates where Solve Plastic Products'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.
Solve Plastic Products (NSE:BALCO) has a Current Ratio of 1.23 as of Sep. 2025. This is 19% above median its historical median of 1.03. Over the past decade, Solve Plastic Products' Current Ratio has ranged from 0.85 to 1.77. According to the industry distribution chart, Solve Plastic Products ranks #2525 out of 3077 companies in the Industrial Products industry, placing it in the top 82.1%.
Is Solve Plastic Products' Current Ratio too high?
Solve Plastic Products' current Current Ratio of 1.23 is 19% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 1.77. The Industrial Products industry median Current Ratio is 1.96. Solve Plastic Products' value of 1.23 is 37.2% below this industry median. Based on the distribution chart, Solve Plastic Products ranks #2525 out of 3077 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Solve Plastic Products has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Solve Plastic Products' Current Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Solve Plastic Products ranks #2525 out of 3077 companies for Current Ratio. This places Solve Plastic Products in the lower half of its industry. The industry median Current Ratio is 1.96. Solve Plastic Products' value of 1.23 is 37.2% below this benchmark. Historically, Solve Plastic Products' own Current Ratio has ranged from 0.85 to 1.77 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.96, Solve Plastic Products 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,077 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. Solve Plastic Products's current Current Ratio of 1.23 is 37.2% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solve Plastic Products's current Current Ratio is 1.23, which is 19% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solve Plastic Products stock overvalued right now?
Solve Plastic Products (NSE:BALCO) has a current Current Ratio of 1.23. The current Current Ratio is 1.23, which is 19% above median its 10-year median of 1.03 and 37.2% below the Industrial Products industry median of 1.96. Solve Plastic Products' overall GF Score™ is 7/100 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 Solve Plastic Products (NSE:BALCO), the current Current Ratio is 1.23 as of Sep. 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.
Solve Plastic Products Ltd manufactures a comprehensive range of uPVC (Unplasticized Polyvinyl Chloride) pipes and rigid PVC electrical conduits. The company markets its products under the brand name BALCOPIPES, which includes flexible conduits, green hoses, rigid PVC electric conduit fittings, solvent cement, uPVC pipes and fittings, water tanks, CPVC water pipes and fittings, and casing and capping.
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