GIR Natureview Resorts (NSE:GIRRESORTS) Current Ratio: 2.25 (As of Mar. 2019)


What is GIR Natureview Resorts Current Ratio?

GIR Natureview Resorts NSE:GIRRESORTS Current Ratio is 2.25 as of Mar. 2019.

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. GIR Natureview Resorts's current ratio for the quarter that ended in Mar. 2019 was 2.25.

GIR Natureview Resorts has a current ratio of 2.25. It generally indicates good short-term financial strength.

The historical rank and industry rank for GIR Natureview Resorts's Current Ratio or its related term are showing as below:

NSE:GIRRESORTS's Current Ratio is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.4
* Ranked among companies with meaningful Current Ratio only.

GIR Natureview Resorts  (NSE:GIRRESORTS) 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.

GIR Natureview Resorts Current Ratio Related Terms

GIR Natureview Resorts Current Ratio Historical Data

* Premium members only.

The historical data trend for GIR Natureview Resorts'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.

GIR Natureview Resorts Current Ratio Chart

GIR Natureview Resorts Annual Data
Trend Mar18 Mar19
Current Ratio
2.14 2.25

GIR Natureview Resorts Semi-Annual Data
Mar18 Mar19
Current Ratio 2.14 2.25

GIR Natureview Resorts Current Ratio Competitor Comparison

For the Resorts & Casinos subindustry, GIR Natureview Resorts'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.

GIR Natureview Resorts Current Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, GIR Natureview Resorts's Current Ratio distribution charts can be found below:

* The bar in red indicates where GIR Natureview Resorts's Current Ratio falls into.


GIR Natureview Resorts 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.

GIR Natureview Resorts's Current Ratio for the fiscal year that ended in Mar. 2019 is calculated as

Current Ratio (A: Mar. 2019 )=Total Current Assets (A: Mar. 2019 )/Total Current Liabilities (A: Mar. 2019 )
=29.115/12.92
=2.25

GIR Natureview Resorts's Current Ratio for the quarter that ended in Mar. 2019 is calculated as

Current Ratio (Q: Mar. 2019 )=Total Current Assets (Q: Mar. 2019 )/Total Current Liabilities (Q: Mar. 2019 )
=29.115/12.92
=2.25

* 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 2.25 mean?
GIR Natureview Resorts (NSE:GIRRESORTS) has a Current Ratio of 2.25 as of Mar. 2019.
Is GIR Natureview Resorts' Current Ratio too high?
GIR Natureview Resorts' current Current Ratio is 2.25. The Travel & Leisure industry median Current Ratio is 1.40. GIR Natureview Resorts' value of 2.25 is 60.7% above this industry median.
How does GIR Natureview Resorts' Current Ratio compare to competitors?
GIR Natureview Resorts' Current Ratio of 2.25 can be compared against companies in the Travel & Leisure industry. The industry median Current Ratio is 1.40. GIR Natureview Resorts' value of 2.25 is 60.7% 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 Travel & Leisure company?
The median Current Ratio among Travel & Leisure companies is 1.40, based on 857 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. GIR Natureview Resorts's current Current Ratio of 2.25 is 60.7% 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 Travel & Leisure industry, the median Current Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GIR Natureview Resorts's current Current Ratio is 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GIR Natureview Resorts stock overvalued right now?
GIR Natureview Resorts (NSE:GIRRESORTS) has a current Current Ratio of 2.25. The current Current Ratio is 2.25 and 60.7% above the Travel & Leisure industry median of 1.40. 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 GIR Natureview Resorts (NSE:GIRRESORTS), the current Current Ratio is 2.25 as of Mar. 2019. 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.

GIR Natureview Resorts Business Description

Address New Link Road, F-104, First Floor, Moongipa Arcade, Opp Versova Police Station, D N Nagar, Andheri West, Mumbai, MH, IND, 400053
GIR Natureview Resorts Ltd is engaged in the business of providing services related to hospitality, travel and leisure industry.