Jio Financial Services (NSE:JIOFIN) Current Ratio: 302.44 (As of Mar. 2026) — 2109% Above Median


NSE:JIOFIN Jio Financial Services Ltd NSE:JIOFIN
61 GF Score
Price ₹240.01
GF Value ₹794.56
Valuation Possible Value Trap
! 4 Warning Signs
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What is Jio Financial Services Current Ratio?

Jio Financial Services NSE:JIOFIN +1.51% 61 Current Ratio is 302.44 as of Mar. 2026, which is 2109% above its 10-year median of 13.69. GuruFocus rates NSE:JIOFIN with a GF Score™ of 61/100 and a GF Value™ of ₹794.56 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 706 Asset Management companies, Jio Financial Services ranks better than 97.59% 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. Jio Financial Services's current ratio for the quarter that ended in Mar. 2026 was 302.44.

Jio Financial Services has a current ratio of 302.44. 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 Jio Financial Services's Current Ratio or its related term are showing as below:

NSE:JIOFIN' s Current Ratio Range Over the Past 10 Years
Min: 0.09   Med: 13.69   Max: 22687.89
Current: 302.44

During the past 12 years, Jio Financial Services's highest Current Ratio was 22687.89. The lowest was 0.09. And the median was 13.69.

NSE:JIOFIN's Current Ratio is ranked better than
97.59% of 706 companies
in the Asset Management industry
Industry Median: 2.955 vs NSE:JIOFIN: 302.44

Jio Financial Services  (NSE:JIOFIN) 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.


Jio Financial Services Current Ratio Related Terms


Jio Financial Services Current Ratio Historical Data

* Premium members only.

The historical data trend for Jio Financial Services'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.

Jio Financial Services Current Ratio Chart

Jio Financial Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22,687.89 20.82 112.76 6.56 302.44

Jio Financial Services Quarterly Data
Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.56 0.00 180.21 0.00 302.44

NSE:JIOFIN vs BLK, BX, KKR: Current Ratio Comparison

For the Asset Management subindustry, Jio Financial Services'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.


Jio Financial Services Current Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Jio Financial Services's Current Ratio distribution charts can be found below:

* The bar in red indicates where Jio Financial Services's Current Ratio falls into.


NSE:JIOFIN
61GF Score
Jio Financial Services Ltd NSE:JIOFIN
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jio Financial Services 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.

Jio Financial Services's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=293697.9/971.1
=302.44

Jio Financial Services's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=293697.9/971.1
=302.44

* 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 302.44 mean?
Jio Financial Services (NSE:JIOFIN) has a Current Ratio of 302.44 as of Mar. 2026. This is 2109% above median its historical median of 13.69. Over the past decade, Jio Financial Services' Current Ratio has ranged from 0.09 to 22,687.89. According to the industry distribution chart, Jio Financial Services ranks #17 out of 706 companies in the Asset Management industry, placing it in the top 2.4%.
Is Jio Financial Services' Current Ratio too high?
Jio Financial Services' current Current Ratio of 302.44 is 2109% above median its 10-year median of 13.69. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 22,687.89. The Asset Management industry median Current Ratio is 2.96. Jio Financial Services' value of 302.44 is 10134.9% above this industry median. Based on the distribution chart, Jio Financial Services ranks #17 out of 706 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Jio Financial Services has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jio Financial Services' Current Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Jio Financial Services ranks #17 out of 706 companies for Current Ratio. This places Jio Financial Services in the top 2% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.96. Jio Financial Services' value of 302.44 is 10134.9% above this benchmark. Historically, Jio Financial Services' own Current Ratio has ranged from 0.09 to 22,687.89 over the past decade. While the company's 10-year median is 13.69 vs. the industry median of 2.96, Jio Financial Services 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 Asset Management company?
The median Current Ratio among Asset Management companies is 2.96, based on 706 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. Jio Financial Services's current Current Ratio of 302.44 is 10134.9% 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 Asset Management industry, the median Current Ratio is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jio Financial Services's current Current Ratio is 302.44, which is 2109% above median its own 10-year median of 13.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jio Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Jio Financial Services (NSE:JIOFIN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹794.56, compared to a current price of ₹240.01 — trading 69.8% below its estimated fair value. The current Current Ratio is 302.44, which is 2109% above median its 10-year median of 13.69 and 10134.9% above the Asset Management industry median of 2.96. Jio Financial Services' overall GF Score™ is 61/100 with 4 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 Jio Financial Services (NSE:JIOFIN), the current Current Ratio is 302.44 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 Jio Financial Services (NSE:JIOFIN) Overvalued in 2026?

Based on GuruFocus' analysis, Jio Financial Services stock appears to be undervalued. The current stock price of ₹240.01 is trading 69.8% below its estimated GF Value™ of ₹794.56. GuruFocus considers Jio Financial Services to be Possible Value Trap.

Key valuation signals for NSE:JIOFIN:

  • Current Ratio: 302.44 (2109% above median its 10-year median of 13.69)
  • GF Value™: ₹794.56 vs. price of ₹240.01 (69.8% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 10134.9% above the Asset Management median (#17 of 706)

No single metric tells the full story. See the NSE:JIOFIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jio Financial Services Business Description

Other Exchanges 543940:India
Address Bandra Kurla Complex, 1st Floor, Building 4NA, Maker Maxity, Bandra East, Mumbai, MH, IND, 400051
Jio Financial Services Ltd is a core investment company, non-deposit taking, systemically important (CIC-ND-SI). Along with its subsidiaries, joint ventures, and associates, it is engaged in the business of Investing and Financing, mainly Leasing, Insurance broking, Payment Bank, Payment Aggregator, and Payment Gateway services.
61GF Score

Get the complete analysis for NSE:JIOFIN

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹240.01
Price
₹794.56
GF Value