Indo Borax & ChemicalsNSE:INDOBORAX -1.49%71 Current Ratio is 20.85 as of Mar. 2026, which is 129% above its 10-year median of 9.11. GuruFocus rates NSE:INDOBORAX with a GF Score™ of 71/100 and a GF Value™ of ₹217.71 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,610 Chemicals companies, Indo Borax & Chemicals ranks better than 98.94% 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. Indo Borax & Chemicals's current ratio for the quarter that ended in Mar. 2026 was 20.85.
Indo Borax & Chemicals has a current ratio of 20.85. 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 Indo Borax & Chemicals's Current Ratio or its related term are showing as below:
NSE:INDOBORAX'
s Current Ratio Range Over the Past 10 Years
Min: 4.92 Med: 9.11 Max: 20.85
Current: 20.85
During the past 13 years, Indo Borax & Chemicals's highest Current Ratio was 20.85. The lowest was 4.92. And the median was 9.11.
NSE:INDOBORAX's Current Ratio is ranked better than 98.94% of 1610
companies
in the Chemicals industry
Industry Median: 1.89
vs NSE:INDOBORAX: 20.85
Indo Borax & Chemicals (NSE:INDOBORAX) 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.
Indo Borax & Chemicals Current Ratio Related Terms
Indo Borax & Chemicals 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 Chemicals subindustry, Indo Borax & Chemicals'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.
Indo Borax & Chemicals Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Indo Borax & Chemicals's Current Ratio distribution charts can be found below:
* The bar in red indicates where Indo Borax & Chemicals'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.
Indo Borax & Chemicals (NSE:INDOBORAX) has a Current Ratio of 20.85 as of Mar. 2026. This is 129% above median its historical median of 9.11. Over the past decade, Indo Borax & Chemicals' Current Ratio has ranged from 4.92 to 20.85. According to the industry distribution chart, Indo Borax & Chemicals ranks #17 out of 1610 companies in the Chemicals industry, placing it in the top 1.1%.
Is Indo Borax & Chemicals' Current Ratio too high?
Indo Borax & Chemicals' current Current Ratio of 20.85 is 129% above median its 10-year median of 9.11. Over the past 10 years, this metric has ranged from a low of 4.92 to a high of 20.85. The Chemicals industry median Current Ratio is 1.89. Indo Borax & Chemicals' value of 20.85 is 1003.2% above this industry median. Based on the distribution chart, Indo Borax & Chemicals ranks #17 out of 1610 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Indo Borax & Chemicals has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Borax & Chemicals' Current Ratio compare to DOW?
According to the Chemicals industry distribution chart, Indo Borax & Chemicals ranks #17 out of 1610 companies for Current Ratio. This places Indo Borax & Chemicals in the top 1% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.89. Indo Borax & Chemicals' value of 20.85 is 1003.2% above this benchmark. Historically, Indo Borax & Chemicals' own Current Ratio has ranged from 4.92 to 20.85 over the past decade. While the company's 10-year median is 9.11 vs. the industry median of 1.89, Indo Borax & Chemicals 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 a Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,610 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. Indo Borax & Chemicals's current Current Ratio of 20.85 is 1003.2% 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Borax & Chemicals's current Current Ratio is 20.85, which is 129% above median its own 10-year median of 9.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Borax & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Indo Borax & Chemicals (NSE:INDOBORAX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹217.71, compared to a current price of ₹380.50 — trading 74.8% above its estimated fair value. The current Current Ratio is 20.85, which is 129% above median its 10-year median of 9.11 and 1003.2% above the Chemicals industry median of 1.89. Indo Borax & Chemicals' overall GF Score™ is 71/100 with 9 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 Indo Borax & Chemicals (NSE:INDOBORAX), the current Current Ratio is 20.85 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 Indo Borax & Chemicals (NSE:INDOBORAX) Overvalued in 2026?
Based on GuruFocus' analysis, Indo Borax & Chemicals stock appears to be overvalued.
The current stock price of ₹380.50 is trading 74.8% above its estimated GF Value™ of ₹217.71.
GuruFocus considers Indo Borax & Chemicals to be Significantly Overvalued.
Key valuation signals for NSE:INDOBORAX:
Current Ratio: 20.85 (129% above median its 10-year median of 9.11)
GF Value™: ₹217.71 vs. price of ₹380.50 (74.8% above fair value)
Industry Position: 1003.2% above the Chemicals median (#17 of 1610)
No single metric tells the full story. See the NSE:INDOBORAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indo Borax & Chemicals Ltd is engaged in the manufacturing and selling of chemical products. The company's product offerings include Boric acid powder, Boric acid granular, Boric acid, Borax decahydrate granular and Borax decahydrate crystal. The company is operating in a single reportable segment i.e. manufacturing and selling of Chemicals. Its products Boric acid powder has applications in metallurgical operation, electroplating industry, nylon dyeing, nylon manufacturing and agricultural use. It derives revenues from the sale of manufactured goods, traded goods and related services.
71GF Score
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