Jinkushal IndustriesNSE:JKIPL -4.96%17 Current Ratio is 2.18 as of Mar. 2026, which is 20% above its 10-year median of 1.81. GuruFocus rates NSE:JKIPL with a GF Score™ of 17/100. The stock has 6 warning signs investors should review. Among 211 Farm & Heavy Construction Machinery companies, Jinkushal Industries ranks better than 66.82% 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. Jinkushal Industries's current ratio for the quarter that ended in Mar. 2026 was 2.18.
Jinkushal Industries has a current ratio of 2.18. It generally indicates good short-term financial strength.
The historical rank and industry rank for Jinkushal Industries's Current Ratio or its related term are showing as below:
NSE:JKIPL'
s Current Ratio Range Over the Past 10 Years
Min: 1.5 Med: 1.81 Max: 2.18
Current: 2.18
During the past 4 years, Jinkushal Industries's highest Current Ratio was 2.18. The lowest was 1.50. And the median was 1.81.
NSE:JKIPL's Current Ratio is ranked better than 66.82% of 211
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.81
vs NSE:JKIPL: 2.18
Jinkushal Industries (NSE:JKIPL) 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.
Jinkushal Industries Current Ratio Related Terms
Jinkushal Industries Current Ratio Historical Data
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The historical data trend for Jinkushal Industries'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.
NSE:JKIPL vs CAT, DE, PCAR: Current Ratio Comparison
For the Farm & Heavy Construction Machinery subindustry, Jinkushal Industries'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.
Jinkushal Industries Current Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Jinkushal Industries's Current Ratio distribution charts can be found below:
* The bar in red indicates where Jinkushal Industries'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.
Jinkushal Industries (NSE:JKIPL) has a Current Ratio of 2.18 as of Mar. 2026. This is 20% above median its historical median of 1.81. Over the past decade, Jinkushal Industries' Current Ratio has ranged from 1.50 to 2.18. According to the industry distribution chart, Jinkushal Industries ranks #70 out of 211 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 33.2%.
Is Jinkushal Industries' Current Ratio too high?
Jinkushal Industries' current Current Ratio of 2.18 is 20% above median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 2.18. The Farm & Heavy Construction Machinery industry median Current Ratio is 1.81. Jinkushal Industries' value of 2.18 is 20.4% above this industry median. Based on the distribution chart, Jinkushal Industries ranks #70 out of 211 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Jinkushal Industries has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Jinkushal Industries' Current Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Jinkushal Industries ranks #70 out of 211 companies for Current Ratio. This puts Jinkushal Industries in the upper half of its industry. The industry median Current Ratio is 1.81. Jinkushal Industries' value of 2.18 is 20.4% above this benchmark. Historically, Jinkushal Industries' own Current Ratio has ranged from 1.50 to 2.18 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 1.81, Jinkushal Industries 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 Farm & Heavy Construction Machinery company?
The median Current Ratio among Farm & Heavy Construction Machinery companies is 1.81, based on 211 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. Jinkushal Industries's current Current Ratio of 2.18 is 20.4% 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 Farm & Heavy Construction Machinery industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinkushal Industries's current Current Ratio is 2.18, which is 20% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinkushal Industries stock overvalued right now?
Jinkushal Industries (NSE:JKIPL) has a current Current Ratio of 2.18. The current Current Ratio is 2.18, which is 20% above median its 10-year median of 1.81 and 20.4% above the Farm & Heavy Construction Machinery industry median of 1.81. Jinkushal Industries' overall GF Score™ is 17/100 with 6 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 Jinkushal Industries (NSE:JKIPL), the current Current Ratio is 2.18 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.
Jinkushal Industries Ltd is engaged in export trading of new/customized and used/refurbished construction machines in international markets. It operates across three primary business verticals: export trading of customized, modified, and accessorized new construction machines; export trading of used/refurbished construction machines; and export trading of its own brand HexL construction machines to cater to a diverse international customer base. The company specializes in export trading of construction machines such as hydraulic excavators, motor graders, backhoe loaders, soil compactors, wheel loaders, bulldozers, cranes, and asphalt pavers. It generates the majority of its revenue from outside India.
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