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. Spandana Sphoorty Financial's current ratio for the quarter that ended in Mar. 2026 was 236.88.
Spandana Sphoorty Financial has a current ratio of 236.88. 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 Spandana Sphoorty Financial's Current Ratio or its related term are showing as below:
NSE:SPANDANA'
s Current Ratio Range Over the Past 10 Years
Min: 1.33 Med: 1.64 Max: 236.88
Current: 236.88
During the past 12 years, Spandana Sphoorty Financial's highest Current Ratio was 236.88. The lowest was 1.33. And the median was 1.64.
NSE:SPANDANA's Current Ratio is ranked better than 86.55% of 394
companies
in the Credit Services industry
Industry Median: 4.985
vs NSE:SPANDANA: 236.88
Spandana Sphoorty Financial (NSE:SPANDANA) 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.
Spandana Sphoorty Financial Current Ratio Related Terms
Spandana Sphoorty Financial 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.
NSE:SPANDANA vs V, MA, AXP: Current Ratio Comparison
For the Credit Services subindustry, Spandana Sphoorty Financial'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.
Spandana Sphoorty Financial Current Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Spandana Sphoorty Financial's Current Ratio distribution charts can be found below:
* The bar in red indicates where Spandana Sphoorty Financial'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.
Spandana Sphoorty Financial (NSE:SPANDANA) has a Current Ratio of 236.88 as of Mar. 2026. This is 14344% above median its historical median of 1.64. Over the past decade, Spandana Sphoorty Financial's Current Ratio has ranged from 1.33 to 236.88. According to the industry distribution chart, Spandana Sphoorty Financial ranks #53 out of 394 companies in the Credit Services industry, placing it in the top 13.5%.
Is Spandana Sphoorty Financial's Current Ratio too high?
Spandana Sphoorty Financial's current Current Ratio of 236.88 is 14344% above median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 236.88. The Credit Services industry median Current Ratio is 4.99. Spandana Sphoorty Financial's value of 236.88 is 4651.9% above this industry median. Based on the distribution chart, Spandana Sphoorty Financial ranks #53 out of 394 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Spandana Sphoorty Financial has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spandana Sphoorty Financial's Current Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Spandana Sphoorty Financial ranks #53 out of 394 companies for Current Ratio. This places Spandana Sphoorty Financial in the top 14% of its industry — outperforming the majority of peers. The industry median Current Ratio is 4.99. Spandana Sphoorty Financial's value of 236.88 is 4651.9% above this benchmark. Historically, Spandana Sphoorty Financial's own Current Ratio has ranged from 1.33 to 236.88 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 4.99, Spandana Sphoorty Financial 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 Credit Services company?
The median Current Ratio among Credit Services companies is 4.99, based on 394 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. Spandana Sphoorty Financial's current Current Ratio of 236.88 is 4651.9% 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 Credit Services industry, the median Current Ratio is 4.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spandana Sphoorty Financial's current Current Ratio is 236.88, which is 14344% above median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spandana Sphoorty Financial stock overvalued right now?
Based on GuruFocus' analysis, Spandana Sphoorty Financial (NSE:SPANDANA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹218.77, compared to a current price of ₹268.60 — trading 22.8% above its estimated fair value. The current Current Ratio is 236.88, which is 14344% above median its 10-year median of 1.64 and 4651.9% above the Credit Services industry median of 4.99. Spandana Sphoorty Financial's overall GF Score™ is 64/100 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 Spandana Sphoorty Financial (NSE:SPANDANA), the current Current Ratio is 236.88 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 Spandana Sphoorty Financial (NSE:SPANDANA) Overvalued in 2026?
Based on GuruFocus' analysis, Spandana Sphoorty Financial stock appears to be overvalued.
The current stock price of ₹268.60 is trading 22.8% above its estimated GF Value™ of ₹218.77.
GuruFocus considers Spandana Sphoorty Financial to be Modestly Overvalued.
Key valuation signals for NSE:SPANDANA:
Current Ratio: 236.88 (14344% above median its 10-year median of 1.64)
GF Value™: ₹218.77 vs. price of ₹268.60 (22.8% above fair value)
Industry Position: 4651.9% above the Credit Services median (#53 of 394)
No single metric tells the full story. See the NSE:SPANDANA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spandana Sphoorty Financial Ltd is a rural-focused nonbanking financial company (NBFC) and microfinance institution (MFI) with an extensive footprint across India. Its primary objective is to provide incomegenerating loans through the joint liability group (JLG) model, focusing on supporting women from low-income rural and semi-urban households. The group is also expanding to Loan Against Property (LAP) and Nano loans through subsidiary. It has a single business segment which is financing. The company operates in India and generates key revenue from giving loans.
64GF Score
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