Race Eco ChainNSE:RACE -0.16%76 Current Ratio is 1.23 as of Mar. 2026, which is 20% below its 10-year median of 1.53. GuruFocus rates NSE:RACE with a GF Score™ of 76/100 and a GF Value™ of ₹559.72 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 246 Waste Management companies, Race Eco Chain ranks worse than 64.23% 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. Race Eco Chain's current ratio for the quarter that ended in Mar. 2026 was 1.23.
Race Eco Chain has a current ratio of 1.23. It generally indicates good short-term financial strength.
The historical rank and industry rank for Race Eco Chain's Current Ratio or its related term are showing as below:
NSE:RACE'
s Current Ratio Range Over the Past 10 Years
Min: 1.23 Med: 1.53 Max: 3.06
Current: 1.23
During the past 13 years, Race Eco Chain's highest Current Ratio was 3.06. The lowest was 1.23. And the median was 1.53.
NSE:RACE's Current Ratio is ranked worse than 64.23% of 246
companies
in the Waste Management industry
Industry Median: 1.54
vs NSE:RACE: 1.23
Race Eco Chain (NSE:RACE) 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.
Race Eco Chain Current Ratio Related Terms
Race Eco Chain Current Ratio Historical Data
* Premium members only.
The historical data trend for Race Eco Chain'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:RACE vs WM, RSG, WCN: Current Ratio Comparison
For the Waste Management subindustry, Race Eco Chain'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.
Race Eco Chain Current Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Race Eco Chain's Current Ratio distribution charts can be found below:
* The bar in red indicates where Race Eco Chain'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.
Race Eco Chain (NSE:RACE) has a Current Ratio of 1.23 as of Mar. 2026. This is 20% below median its historical median of 1.53. Over the past decade, Race Eco Chain's Current Ratio has ranged from 1.23 to 3.06. According to the industry distribution chart, Race Eco Chain ranks #158 out of 246 companies in the Waste Management industry, placing it in the top 64.2%.
Is Race Eco Chain's Current Ratio too high?
Race Eco Chain's current Current Ratio of 1.23 is 20% below median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 3.06. The Waste Management industry median Current Ratio is 1.54. Race Eco Chain's value of 1.23 is 20.1% below this industry median. Based on the distribution chart, Race Eco Chain ranks #158 out of 246 companies in the Waste Management industry, which is below the industry midpoint. Overall, Race Eco Chain has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Race Eco Chain's Current Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Race Eco Chain ranks #158 out of 246 companies for Current Ratio. This places Race Eco Chain in the lower half of its industry. The industry median Current Ratio is 1.54. Race Eco Chain's value of 1.23 is 20.1% below this benchmark. Historically, Race Eco Chain's own Current Ratio has ranged from 1.23 to 3.06 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 1.54, Race Eco Chain has consistently been below 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 Waste Management company?
The median Current Ratio among Waste Management companies is 1.54, based on 246 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. Race Eco Chain's current Current Ratio of 1.23 is 20.1% below 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 Waste Management industry, the median Current Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Race Eco Chain's current Current Ratio is 1.23, which is 20% below median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Race Eco Chain stock overvalued right now?
Based on GuruFocus' analysis, Race Eco Chain (NSE:RACE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹559.72, compared to a current price of ₹111.21 — trading 80.1% below its estimated fair value. The current Current Ratio is 1.23, which is 20% below median its 10-year median of 1.53 and 20.1% below the Waste Management industry median of 1.54. Race Eco Chain's overall GF Score™ is 76/100 with 3 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 Race Eco Chain (NSE:RACE), the current Current Ratio is 1.23 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 Race Eco Chain (NSE:RACE) Overvalued in 2026?
Based on GuruFocus' analysis, Race Eco Chain stock appears to be undervalued.
The current stock price of ₹111.21 is trading 80.1% below its estimated GF Value™ of ₹559.72.
GuruFocus considers Race Eco Chain to be Significantly Undervalued.
Key valuation signals for NSE:RACE:
Current Ratio: 1.23 (20% below median its 10-year median of 1.53)
GF Value™: ₹559.72 vs. price of ₹111.21 (80.1% below fair value)
Industry Position: 20.1% below the Waste Management median (#158 of 246)
No single metric tells the full story. See the NSE:RACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers who eventually convert the waste into useful products. It is also involved in the manufacturing of recycled products. The company's segments are Recycle Division; Restore Division; Biomass Division and It Division. It generates the majority of its revenue from the Recycle Division.
76GF Score
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