Refractory ShapesNSE:REFRACTORY 17 Current Ratio is 2.63 as of Mar. 2025. GuruFocus rates NSE:REFRACTORY with a GF Score™ of 17/100. Among 407 Building Materials companies, Refractory Shapes ranks better than 74.69% 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. Refractory Shapes's current ratio for the quarter that ended in Mar. 2025 was 2.63.
Refractory Shapes has a current ratio of 2.63. It generally indicates good short-term financial strength.
The historical rank and industry rank for Refractory Shapes's Current Ratio or its related term are showing as below:
NSE:REFRACTORY's Current Ratio is not ranked *
in the Building Materials industry.
Industry Median: 1.5 * Ranked among companies with meaningful Current Ratio only.
Refractory Shapes (NSE:REFRACTORY) 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.
Refractory Shapes Current Ratio Related Terms
Refractory Shapes Current Ratio Historical Data
* Premium members only.
The historical data trend for Refractory Shapes'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:REFRACTORY vs CRH, VMC, MLM: Current Ratio Comparison
For the Building Materials subindustry, Refractory Shapes'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.
Refractory Shapes Current Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Refractory Shapes's Current Ratio distribution charts can be found below:
* The bar in red indicates where Refractory Shapes'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.
Refractory Shapes (NSE:REFRACTORY) has a Current Ratio of 2.63 as of Mar. 2025. According to the industry distribution chart, Refractory Shapes ranks #103 out of 407 companies in the Building Materials industry, placing it in the top 25.3%.
Is Refractory Shapes' Current Ratio too high?
Refractory Shapes' current Current Ratio is 2.63. The Building Materials industry median Current Ratio is 1.50. Refractory Shapes' value of 2.63 is 75.3% above this industry median. Based on the distribution chart, Refractory Shapes ranks #103 out of 407 companies in the Building Materials industry, which is above the industry midpoint. Overall, Refractory Shapes has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Refractory Shapes' Current Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Refractory Shapes ranks #103 out of 407 companies for Current Ratio. This puts Refractory Shapes in the upper half of its industry. The industry median Current Ratio is 1.50. Refractory Shapes' value of 2.63 is 75.3% above this benchmark. 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 Building Materials company?
The median Current Ratio among Building Materials companies is 1.50, based on 407 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. Refractory Shapes's current Current Ratio of 2.63 is 75.3% 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 Building Materials industry, the median Current Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Refractory Shapes's current Current Ratio is 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refractory Shapes stock overvalued right now?
Refractory Shapes (NSE:REFRACTORY) has a current Current Ratio of 2.63. The current Current Ratio is 2.63 and 75.3% above the Building Materials industry median of 1.50. Refractory Shapes' overall GF Score™ is 17/100. 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 Refractory Shapes (NSE:REFRACTORY), the current Current Ratio is 2.63 as of Mar. 2025. 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.
Refractory Shapes Ltd is engaged in the production of special shapes, custom-made refractory shapes, and ceramic balls of low and medium purity with top quality and superior performance. The company manufactures bricks, castables, coating materials, high purity alumina catalyst bed supports, and ceramic balls. It serves industries including steel, refineries, fertilizers, petrochemicals, glass, and cement. The company has an international presence across multiple countries and is known for its quality, skilled workforce, and quality assurance.
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