Laxmi Dental (NSE:LAXMIDENTL) Current Ratio: 6.13 (As of Mar. 2026) — 495% Above Median

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NSE:LAXMIDENTL Laxmi Dental Ltd NSE:LAXMIDENTL
16 GF Score
Price ₹222.81
! 4 Warning Signs
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What is Laxmi Dental Current Ratio?

Laxmi Dental NSE:LAXMIDENTL +0.72% 16 Current Ratio is 6.13 as of Mar. 2026, which is 495% above its 10-year median of 1.03. GuruFocus rates NSE:LAXMIDENTL with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 854 Medical Devices & Instruments companies, Laxmi Dental ranks better than 83.61% 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. Laxmi Dental's current ratio for the quarter that ended in Mar. 2026 was 6.13.

Laxmi Dental has a current ratio of 6.13. 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 Laxmi Dental's Current Ratio or its related term are showing as below:

NSE:LAXMIDENTL' s Current Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.03   Max: 6.13
Current: 6.13

During the past 5 years, Laxmi Dental's highest Current Ratio was 6.13. The lowest was 0.93. And the median was 1.03.

NSE:LAXMIDENTL's Current Ratio is ranked better than
83.61% of 854 companies
in the Medical Devices & Instruments industry
Industry Median: 2.5 vs NSE:LAXMIDENTL: 6.13

Laxmi Dental  (NSE:LAXMIDENTL) 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.


Laxmi Dental Current Ratio Related Terms


Laxmi Dental Current Ratio Historical Data

* Premium members only.

The historical data trend for Laxmi Dental'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.

Laxmi Dental Current Ratio Chart

Laxmi Dental Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
1.01 0.93 1.03 3.30 6.13

Laxmi Dental Quarterly Data
Mar22 Mar23 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 3.30 0.00 4.42 0.00 6.13

NSE:LAXMIDENTL vs ISRG, BDX, MDLN: Current Ratio Comparison

For the Medical Instruments & Supplies subindustry, Laxmi Dental'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.


Laxmi Dental Current Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Laxmi Dental's Current Ratio distribution charts can be found below:

* The bar in red indicates where Laxmi Dental's Current Ratio falls into.


NSE:LAXMIDENTL
16GF Score
Laxmi Dental Ltd NSE:LAXMIDENTL
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Laxmi Dental 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.

Laxmi Dental'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 )
=1887.22/307.92
=6.13

Laxmi Dental'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 )
=1887.22/307.92
=6.13

* 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 6.13 mean?
Laxmi Dental (NSE:LAXMIDENTL) has a Current Ratio of 6.13 as of Mar. 2026. This is 495% above median its historical median of 1.03. Over the past decade, Laxmi Dental's Current Ratio has ranged from 0.93 to 6.13. According to the industry distribution chart, Laxmi Dental ranks #140 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 16.4%.
Is Laxmi Dental's Current Ratio too high?
Laxmi Dental's current Current Ratio of 6.13 is 495% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 6.13. The Medical Devices & Instruments industry median Current Ratio is 2.50. Laxmi Dental's value of 6.13 is 145.2% above this industry median. Based on the distribution chart, Laxmi Dental ranks #140 out of 854 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Laxmi Dental has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Laxmi Dental's Current Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Laxmi Dental ranks #140 out of 854 companies for Current Ratio. This places Laxmi Dental in the top 16% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.50. Laxmi Dental's value of 6.13 is 145.2% above this benchmark. Historically, Laxmi Dental's own Current Ratio has ranged from 0.93 to 6.13 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 2.50, Laxmi Dental 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 Medical Devices & Instruments company?
The median Current Ratio among Medical Devices & Instruments companies is 2.50, based on 854 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. Laxmi Dental's current Current Ratio of 6.13 is 145.2% 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 Medical Devices & Instruments industry, the median Current Ratio is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laxmi Dental's current Current Ratio is 6.13, which is 495% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laxmi Dental stock overvalued right now?
Laxmi Dental (NSE:LAXMIDENTL) has a current Current Ratio of 6.13. The current Current Ratio is 6.13, which is 495% above median its 10-year median of 1.03 and 145.2% above the Medical Devices & Instruments industry median of 2.50. Laxmi Dental's overall GF Score™ is 16/100 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 Laxmi Dental (NSE:LAXMIDENTL), the current Current Ratio is 6.13 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.

Laxmi Dental Business Description

Other Exchanges 544339:India
Address 301, A-wing, Interface-16, Mindspace, Malad (West, Mumbai, MH, IND, 400064
Laxmi Dental Ltd is an end-to-end integrated dental products company. Its products include custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets, and aligner-related products as a part of aligner solutions, and paediatric dental products. The Group has three reportable segments: Laboratory Business segment comprises dental prostheses, such as metal-free crowns & bridges, Porcelain Fused to Metal (PFM) Crowns and Bridges, and Dentures. The Aligners Business segment comprises dental aligners, Retainers, Raw Materials for Aligners, Sport Guards, Night Guards, and Sleep Apnea Devices. The Other Business segment comprises Dental distribution products used in Dental Laboratory, Dental Clinical Services, and Dental Educational Courses.
16GF Score

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