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. Honeywell Automation India's current ratio for the quarter that ended in Mar. 2026 was 3.52.
Honeywell Automation India has a current ratio of 3.52. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Honeywell Automation India's Current Ratio or its related term are showing as below:
NSE:HONAUT'
s Current Ratio Range Over the Past 10 Years
Min: 2.07 Med: 3.01 Max: 3.72
Current: 3.52
During the past 13 years, Honeywell Automation India's highest Current Ratio was 3.72. The lowest was 2.07. And the median was 3.01.
NSE:HONAUT's Current Ratio is ranked better than 80.36% of 3071
companies
in the Industrial Products industry
Industry Median: 1.97
vs NSE:HONAUT: 3.52
Honeywell Automation India (NSE:HONAUT) 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.
Honeywell Automation India Current Ratio Related Terms
Honeywell Automation India 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, Honeywell Automation India'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.
Honeywell Automation India Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Honeywell Automation India's Current Ratio distribution charts can be found below:
* The bar in red indicates where Honeywell Automation India'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.
Honeywell Automation India (NSE:HONAUT) has a Current Ratio of 3.52 as of Mar. 2026. This is 17% above median its historical median of 3.01. Over the past decade, Honeywell Automation India's Current Ratio has ranged from 2.07 to 3.72. According to the industry distribution chart, Honeywell Automation India ranks #603 out of 3071 companies in the Industrial Products industry, placing it in the top 19.6%.
Is Honeywell Automation India's Current Ratio too high?
Honeywell Automation India's current Current Ratio of 3.52 is 17% above median its 10-year median of 3.01. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 3.72. The Industrial Products industry median Current Ratio is 1.97. Honeywell Automation India's value of 3.52 is 78.7% above this industry median. Based on the distribution chart, Honeywell Automation India ranks #603 out of 3071 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Honeywell Automation India has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Automation India's Current Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Honeywell Automation India ranks #603 out of 3071 companies for Current Ratio. This places Honeywell Automation India in the top 20% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.97. Honeywell Automation India's value of 3.52 is 78.7% above this benchmark. Historically, Honeywell Automation India's own Current Ratio has ranged from 2.07 to 3.72 over the past decade. While the company's 10-year median is 3.01 vs. the industry median of 1.97, Honeywell Automation India has consistently been above 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 1.97, based on 3,071 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. Honeywell Automation India's current Current Ratio of 3.52 is 78.7% 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 Industrial Products industry, the median Current Ratio is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Automation India's current Current Ratio is 3.52, which is 17% above median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Automation India stock overvalued right now?
Based on GuruFocus' analysis, Honeywell Automation India (NSE:HONAUT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹46,650.60, compared to a current price of ₹38,175.00 — trading 18.2% below its estimated fair value. The current Current Ratio is 3.52, which is 17% above median its 10-year median of 3.01 and 78.7% above the Industrial Products industry median of 1.97. Honeywell Automation India's overall GF Score™ is 88/100 with 7 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 Honeywell Automation India (NSE:HONAUT), the current Current Ratio is 3.52 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.
Is Honeywell Automation India (NSE:HONAUT) Overvalued in 2026?
Based on GuruFocus' analysis, Honeywell Automation India stock appears to be undervalued.
The current stock price of ₹38,175.00 is trading 18.2% below its estimated GF Value™ of ₹46,650.60.
GuruFocus considers Honeywell Automation India to be Modestly Undervalued.
Key valuation signals for NSE:HONAUT:
Current Ratio: 3.52 (17% above median its 10-year median of 3.01)
GF Value™: ₹46,650.60 vs. price of ₹38,175.00 (18.2% below fair value)
Industry Position: 78.7% above the Industrial Products median (#603 of 3071)
No single metric tells the full story. See the NSE:HONAUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Honeywell Automation India Ltd provides automation and control systems in India and internationally. The company offers distributed control systems, transmitters, programmable logic controllers, emergency shutdown systems, quality control systems, software solutions, industrial Internet of Things solutions, and comprehensive life cycle services. It also provides building management systems, fire detection and alarm systems, access control systems, video surveillance systems, integrated security systems, and integrated building management systems. The company operates in a single segment, Automation and Control Systems, and derives a majority of its revenue from India.
88GF Score
Get the complete analysis for NSE:HONAUT
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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