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IC Electricals CoNSE:ICELCO +1.35%17 Current Ratio is 1.46 as of Mar. 2026, which is 10% above its 10-year median of 1.33. GuruFocus rates NSE:ICELCO with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 1,016 Transportation companies, IC Electricals Co ranks better than 50.3% 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. IC Electricals Co's current ratio for the quarter that ended in Mar. 2026 was 1.46.
IC Electricals Co has a current ratio of 1.46. It generally indicates good short-term financial strength.
The historical rank and industry rank for IC Electricals Co's Current Ratio or its related term are showing as below:
NSE:ICELCO'
s Current Ratio Range Over the Past 10 Years
Min: 1.19 Med: 1.33 Max: 1.46
Current: 1.46
During the past 4 years, IC Electricals Co's highest Current Ratio was 1.46. The lowest was 1.19. And the median was 1.33.
NSE:ICELCO's Current Ratio is ranked better than 50.3% of 1016
companies
in the Transportation industry
Industry Median: 1.46
vs NSE:ICELCO: 1.46
IC Electricals Co (NSE:ICELCO) 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.
IC Electricals Co Current Ratio Related Terms
IC Electricals Co Current Ratio Historical Data
* Premium members only.
The historical data trend for IC Electricals Co'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.
IC Electricals Co Current Ratio Chart
IC Electricals Co Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Current Ratio
1.19
1.23
1.42
1.46
IC Electricals Co Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
Current Ratio
1.19
1.23
1.42
1.46
NSE:ICELCO vs UNP, CSX, NSC: Current Ratio Comparison
For the Railroads subindustry, IC Electricals Co'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.
IC Electricals Co Current Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, IC Electricals Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where IC Electricals Co'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.
IC Electricals Co (NSE:ICELCO) has a Current Ratio of 1.46 as of Mar. 2026. This is 10% above median its historical median of 1.33. Over the past decade, IC Electricals Co's Current Ratio has ranged from 1.19 to 1.46. According to the industry distribution chart, IC Electricals Co ranks #505 out of 1016 companies in the Transportation industry, placing it in the top 49.7%.
Is IC Electricals Co's Current Ratio too high?
IC Electricals Co's current Current Ratio of 1.46 is 10% above median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 1.46. The Transportation industry median Current Ratio is 1.46. IC Electricals Co's value of 1.46 is 0% at this industry median. Based on the distribution chart, IC Electricals Co ranks #505 out of 1016 companies in the Transportation industry, which is above the industry midpoint. Overall, IC Electricals Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does IC Electricals Co's Current Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, IC Electricals Co ranks #505 out of 1016 companies for Current Ratio. This puts IC Electricals Co in the upper half of its industry. The industry median Current Ratio is 1.46. IC Electricals Co's value of 1.46 is 0% at this benchmark. Historically, IC Electricals Co's own Current Ratio has ranged from 1.19 to 1.46 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 1.46, IC Electricals Co has consistently been at 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 Transportation company?
The median Current Ratio among Transportation companies is 1.46, based on 1,016 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. IC Electricals Co's current Current Ratio of 1.46 is 0% at 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 Transportation industry, the median Current Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IC Electricals Co's current Current Ratio is 1.46, which is 10% above median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IC Electricals Co stock overvalued right now?
IC Electricals Co (NSE:ICELCO) has a current Current Ratio of 1.46. The current Current Ratio is 1.46, which is 10% above median its 10-year median of 1.33 and 0% at the Transportation industry median of 1.46. IC Electricals Co's overall GF Score™ is 17/100 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 IC Electricals Co (NSE:ICELCO), the current Current Ratio is 1.46 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.
IC Electricals Co Ltd is engaged in the business of manufacturing of electronic equipment for Railways Application. Its offerings include various electronic products such as regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, and vigilance control devices, compliant with the latest technical standards. Additionally, the company also manufactures railway components, including alternators, traction motors, and permanent magnet alternators with controllers. The majority of its revenue is derived from the sale of electronic products to government departments and ministries such as Ministry of Railways.
17GF Score
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