Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Corona RemediesNSE:CORONA +0.37%18 Current Ratio is 0.96 as of Mar. 2026, which is 29% below its 10-year median of 1.35. GuruFocus rates NSE:CORONA with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,000 Drug Manufacturers companies, Corona Remedies ranks worse than 84.3% 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. Corona Remedies's current ratio for the quarter that ended in Mar. 2026 was 0.96.
Corona Remedies has a current ratio of 0.96. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Corona Remedies has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Corona Remedies's Current Ratio or its related term are showing as below:
NSE:CORONA'
s Current Ratio Range Over the Past 10 Years
Min: 0.96 Med: 1.35 Max: 2.12
Current: 0.96
During the past 4 years, Corona Remedies's highest Current Ratio was 2.12. The lowest was 0.96. And the median was 1.35.
NSE:CORONA's Current Ratio is ranked worse than 84.3% of 1000
companies
in the Drug Manufacturers industry
Industry Median: 1.98
vs NSE:CORONA: 0.96
Corona Remedies (NSE:CORONA) 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.
Corona Remedies Current Ratio Related Terms
Corona Remedies Current Ratio Historical Data
* Premium members only.
The historical data trend for Corona Remedies'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:CORONA vs LLY, JNJ, ABBV: Current Ratio Comparison
For the Drug Manufacturers - General subindustry, Corona Remedies'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.
Corona Remedies Current Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Corona Remedies's Current Ratio distribution charts can be found below:
* The bar in red indicates where Corona Remedies'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.
Corona Remedies (NSE:CORONA) has a Current Ratio of 0.96 as of Mar. 2026. This is 29% below median its historical median of 1.35. Over the past decade, Corona Remedies' Current Ratio has ranged from 0.96 to 2.12. According to the industry distribution chart, Corona Remedies ranks #843 out of 1000 companies in the Drug Manufacturers industry, placing it in the top 84.3%.
Is Corona Remedies' Current Ratio too high?
Corona Remedies' current Current Ratio of 0.96 is 29% below median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 2.12. The Drug Manufacturers industry median Current Ratio is 1.98. Corona Remedies' value of 0.96 is 51.5% below this industry median. Based on the distribution chart, Corona Remedies ranks #843 out of 1000 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Corona Remedies has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Corona Remedies' Current Ratio compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Corona Remedies ranks #843 out of 1000 companies for Current Ratio. This places Corona Remedies in the lower half of its industry. The industry median Current Ratio is 1.98. Corona Remedies' value of 0.96 is 51.5% below this benchmark. Historically, Corona Remedies' own Current Ratio has ranged from 0.96 to 2.12 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.98, Corona Remedies 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 Drug Manufacturers company?
The median Current Ratio among Drug Manufacturers companies is 1.98, based on 1,000 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. Corona Remedies's current Current Ratio of 0.96 is 51.5% 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 Drug Manufacturers industry, the median Current Ratio is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corona Remedies's current Current Ratio is 0.96, which is 29% below median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corona Remedies stock overvalued right now?
Corona Remedies (NSE:CORONA) has a current Current Ratio of 0.96. The current Current Ratio is 0.96, which is 29% below median its 10-year median of 1.35 and 51.5% below the Drug Manufacturers industry median of 1.98. Corona Remedies' overall GF Score™ is 18/100 with 3 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 Corona Remedies (NSE:CORONA), the current Current Ratio is 0.96 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.
Corona Remedies Ltd is mainly engaged in the business of manufacturing, trading and marketing of Pharmaceutical products. It is engaged in developing, manufacturing and marketing products in women's healthcare, cardio-diabetes, pain management, urology and other segments, such as Vitamin Minerals and Nutrients(VMN), gastrointestinal and respiratory therapies. The company's brands are B-29, myoril, Tricium, Cortel, and Obimet. The Company has only one reportable business segment i.e. Pharmaceuticals. The company has presence in India as well as Outside India. The company generates majority of revenue from India.
18GF Score
Get the complete analysis for NSE:CORONA
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:CORONA has been successfully added to your 
