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Salona CotspinNSE:SALONA -0.16%67 Current Ratio is 1.12 as of Mar. 2026, which is 14% below its 10-year median of 1.30. GuruFocus rates NSE:SALONA with a GF Score™ of 67/100 and a GF Value™ of ₹271.65 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,066 Manufacturing - Apparel & Accessories companies, Salona Cotspin ranks worse than 78.61% 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. Salona Cotspin's current ratio for the quarter that ended in Mar. 2026 was 1.12.
Salona Cotspin has a current ratio of 1.12. It generally indicates good short-term financial strength.
The historical rank and industry rank for Salona Cotspin's Current Ratio or its related term are showing as below:
NSE:SALONA'
s Current Ratio Range Over the Past 10 Years
Min: 1.12 Med: 1.3 Max: 1.47
Current: 1.12
During the past 13 years, Salona Cotspin's highest Current Ratio was 1.47. The lowest was 1.12. And the median was 1.30.
NSE:SALONA's Current Ratio is ranked worse than 78.61% of 1066
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.81
vs NSE:SALONA: 1.12
Salona Cotspin (NSE:SALONA) 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.
Salona Cotspin Current Ratio Related Terms
Salona Cotspin Current Ratio Historical Data
* Premium members only.
The historical data trend for Salona Cotspin'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.
Salona Cotspin Current Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Salona Cotspin'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.
Salona Cotspin Current Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Salona Cotspin's Current Ratio distribution charts can be found below:
* The bar in red indicates where Salona Cotspin'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.
Salona Cotspin (NSE:SALONA) has a Current Ratio of 1.12 as of Mar. 2026. This is 14% below median its historical median of 1.30. Over the past decade, Salona Cotspin's Current Ratio has ranged from 1.12 to 1.47. According to the industry distribution chart, Salona Cotspin ranks #838 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 78.6%.
Is Salona Cotspin's Current Ratio too high?
Salona Cotspin's current Current Ratio of 1.12 is 14% below median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 1.47. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.81. Salona Cotspin's value of 1.12 is 38.1% below this industry median. Based on the distribution chart, Salona Cotspin ranks #838 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Salona Cotspin has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Salona Cotspin's Current Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Salona Cotspin ranks #838 out of 1066 companies for Current Ratio. This places Salona Cotspin in the lower half of its industry. The industry median Current Ratio is 1.81. Salona Cotspin's value of 1.12 is 38.1% below this benchmark. Historically, Salona Cotspin's own Current Ratio has ranged from 1.12 to 1.47 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 1.81, Salona Cotspin 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 Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.81, based on 1,066 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. Salona Cotspin's current Current Ratio of 1.12 is 38.1% 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 Manufacturing - Apparel & Accessories 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. Salona Cotspin's current Current Ratio is 1.12, which is 14% below median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salona Cotspin stock overvalued right now?
Based on GuruFocus' analysis, Salona Cotspin (NSE:SALONA) is currently considered Fairly Valued. The stock's GF Value™ is ₹271.65, compared to a current price of ₹255.00 — trading 6.1% below its estimated fair value. The current Current Ratio is 1.12, which is 14% below median its 10-year median of 1.30 and 38.1% below the Manufacturing - Apparel & Accessories industry median of 1.81. Salona Cotspin's overall GF Score™ is 67/100 with 8 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 Salona Cotspin (NSE:SALONA), the current Current Ratio is 1.12 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 Salona Cotspin (NSE:SALONA) Overvalued in 2026?
Based on GuruFocus' analysis, Salona Cotspin stock appears to be undervalued.
The current stock price of ₹255.00 is trading 6.1% below its estimated GF Value™ of ₹271.65.
GuruFocus considers Salona Cotspin to be Fairly Valued.
Key valuation signals for NSE:SALONA:
Current Ratio: 1.12 (14% below median its 10-year median of 1.30)
GF Value™: ₹271.65 vs. price of ₹255.00 (6.1% below fair value)
Industry Position: 38.1% below the Manufacturing - Apparel & Accessories median (#838 of 1066)
No single metric tells the full story. See the NSE:SALONA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Salona Cotspin Ltd is an India-based company engaged in manufacturing and selling of Cotton Yarn, Knitted Fabrics, and Garments. The company caters to both domestic and international markets. The company has only one segment which is the Textile Business.
67GF Score
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