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Nikita Greentech RecyclingNSE:NIKITA 11 Current Ratio is 1.63 as of Mar. 2026, which is 24% above its 10-year median of 1.31. GuruFocus rates NSE:NIKITA with a GF Score™ of 11/100. The stock has 6 warning signs investors should review. Among 286 Forest Products companies, Nikita Greentech Recycling ranks better than 53.5% 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. Nikita Greentech Recycling's current ratio for the quarter that ended in Mar. 2026 was 1.63.
Nikita Greentech Recycling has a current ratio of 1.63. It generally indicates good short-term financial strength.
The historical rank and industry rank for Nikita Greentech Recycling's Current Ratio or its related term are showing as below:
NSE:NIKITA'
s Current Ratio Range Over the Past 10 Years
Min: 1.22 Med: 1.31 Max: 1.63
Current: 1.63
During the past 5 years, Nikita Greentech Recycling's highest Current Ratio was 1.63. The lowest was 1.22. And the median was 1.31.
NSE:NIKITA's Current Ratio is ranked better than 53.5% of 286
companies
in the Forest Products industry
Industry Median: 1.49
vs NSE:NIKITA: 1.63
Nikita Greentech Recycling (NSE:NIKITA) 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.
Nikita Greentech Recycling Current Ratio Related Terms
Nikita Greentech Recycling 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.
Nikita Greentech Recycling Current Ratio Competitor Comparison
For the Paper & Paper Products subindustry, Nikita Greentech Recycling'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.
Nikita Greentech Recycling Current Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Nikita Greentech Recycling's Current Ratio distribution charts can be found below:
* The bar in red indicates where Nikita Greentech Recycling'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.
Nikita Greentech Recycling (NSE:NIKITA) has a Current Ratio of 1.63 as of Mar. 2026. This is 24% above median its historical median of 1.31. Over the past decade, Nikita Greentech Recycling's Current Ratio has ranged from 1.22 to 1.63. According to the industry distribution chart, Nikita Greentech Recycling ranks #133 out of 286 companies in the Forest Products industry, placing it in the top 46.5%.
Is Nikita Greentech Recycling's Current Ratio too high?
Nikita Greentech Recycling's current Current Ratio of 1.63 is 24% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 1.63. The Forest Products industry median Current Ratio is 1.49. Nikita Greentech Recycling's value of 1.63 is 9.4% above this industry median. Based on the distribution chart, Nikita Greentech Recycling ranks #133 out of 286 companies in the Forest Products industry, which is above the industry midpoint. Overall, Nikita Greentech Recycling has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Nikita Greentech Recycling's Current Ratio compare to competitors?
According to the Forest Products industry distribution chart, Nikita Greentech Recycling ranks #133 out of 286 companies for Current Ratio. This puts Nikita Greentech Recycling in the upper half of its industry. The industry median Current Ratio is 1.49. Nikita Greentech Recycling's value of 1.63 is 9.4% above this benchmark. Historically, Nikita Greentech Recycling's own Current Ratio has ranged from 1.22 to 1.63 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.49, Nikita Greentech Recycling 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 Forest Products company?
The median Current Ratio among Forest Products companies is 1.49, based on 286 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. Nikita Greentech Recycling's current Current Ratio of 1.63 is 9.4% 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 Forest Products industry, the median Current Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikita Greentech Recycling's current Current Ratio is 1.63, which is 24% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikita Greentech Recycling stock overvalued right now?
Nikita Greentech Recycling (NSE:NIKITA) has a current Current Ratio of 1.63. The current Current Ratio is 1.63, which is 24% above median its 10-year median of 1.31 and 9.4% above the Forest Products industry median of 1.49. Nikita Greentech Recycling's overall GF Score™ is 11/100 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 Nikita Greentech Recycling (NSE:NIKITA), the current Current Ratio is 1.63 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.
Nikita Greentech Recycling Ltd, formerly Nikita Papers Ltd is a manufacturers of recycled kraft paper. It is manufacturing Kraft paper ranging from 80 to 200 GSM in various Burst Factor (B.F.) ranges. The company has only one segment: Business of Kraft Paper Manufacturing.
11GF Score
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