Bright Solar (NSE:BRIGHT) Current Ratio: 2.68 (As of Mar. 2025)

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NSE:BRIGHT Bright Solar Ltd NSE:BRIGHT
6 GF Score
Price ₹2.80
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What is Bright Solar Current Ratio?

Bright Solar NSE:BRIGHT 6 Current Ratio is 2.68 as of Mar. 2025. GuruFocus rates NSE:BRIGHT with a GF Score™ of 6/100.

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. Bright Solar's current ratio for the quarter that ended in Mar. 2025 was 2.68.

Bright Solar has a current ratio of 2.68. It generally indicates good short-term financial strength.

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

NSE:BRIGHT's Current Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 2.465
* Ranked among companies with meaningful Current Ratio only.

Bright Solar  (NSE:BRIGHT) 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.


Bright Solar Current Ratio Related Terms


Bright Solar Current Ratio Historical Data

* Premium members only.

The historical data trend for Bright 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.

Bright Solar Current Ratio Chart

Bright Solar Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.79 2.36 2.26 2.78 2.68

Bright Solar Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 2.26 4.04 2.78 2.81 2.68

NSE:BRIGHT vs FSLR, ENPH, NXT: Current Ratio Comparison

For the Solar subindustry, Bright 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.


Bright Solar Current Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Bright Solar's Current Ratio distribution charts can be found below:

* The bar in red indicates where Bright Solar's Current Ratio falls into.


NSE:BRIGHT
6GF Score
Bright Solar Ltd NSE:BRIGHT
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bright Solar 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.

Bright Solar'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 )
=191.147/71.302
=2.68

Bright Solar'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 )
=191.147/71.302
=2.68

* 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 2.68 mean?
Bright Solar (NSE:BRIGHT) has a Current Ratio of 2.68 as of Mar. 2025.
Is Bright Solar's Current Ratio too high?
Bright Solar's current Current Ratio is 2.68. The Semiconductors industry median Current Ratio is 2.47. Bright Solar's value of 2.68 is 8.7% above this industry median. Overall, Bright Solar has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Bright Solar's Current Ratio compare to FSLR and ENPH?
Bright Solar's Current Ratio of 2.68 can be compared against companies in the Semiconductors industry. The industry median Current Ratio is 2.47. Bright Solar's value of 2.68 is 8.7% above this benchmark. 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 2.47, based on 1,028 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. Bright Solar's current Current Ratio of 2.68 is 8.7% 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 Semiconductors industry, the median Current Ratio is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Solar's current Current Ratio is 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Solar stock overvalued right now?
Bright Solar (NSE:BRIGHT) has a current Current Ratio of 2.68. The current Current Ratio is 2.68 and 8.7% above the Semiconductors industry median of 2.47. Bright Solar's overall GF Score™ is 6/100. 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 Bright Solar (NSE:BRIGHT), the current Current Ratio is 2.68 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.

Bright Solar Business Description

Address Shyamal Cross Road, S.F-203, Shangrila Arcade, Opposite Shyamal 3A Row Houses, Satellite, Ahmedabad, GJ, IND, 380 015
Bright Solar Ltd is engaged in the business of manufacturing of solar pump and pumping system & other solar products and Infrastructure projects which includes Rural water supply projects & EPC projects of Water treatment & Sewerage treatment plant unit. Its product offerings include solar water pumping systems, DC solar pumps, AC solar pumps, and others. The operating segments of the company are Solar Water Pumping and Other Solar System; Sale of Services- Installation of Systems and Consulting of Project Tendering, Infrastructure projects, FMCG Business and Drone Services Business. The company generates the majority of its revenue from Solar Water Pumping and other system sales.
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