Speb AdhesivesNSE:SPEB +2.29%21 Current Ratio is 19.47 as of Mar. 2026, which is 31% above its 10-year median of 14.87. GuruFocus rates NSE:SPEB with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,610 Chemicals companies, Speb Adhesives ranks better than 98.82% 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. Speb Adhesives's current ratio for the quarter that ended in Mar. 2026 was 19.47.
Speb Adhesives has a current ratio of 19.47. 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 Speb Adhesives's Current Ratio or its related term are showing as below:
NSE:SPEB'
s Current Ratio Range Over the Past 10 Years
Min: 11.94 Med: 14.87 Max: 34.77
Current: 19.47
During the past 5 years, Speb Adhesives's highest Current Ratio was 34.77. The lowest was 11.94. And the median was 14.87.
NSE:SPEB's Current Ratio is ranked better than 98.82% of 1610
companies
in the Chemicals industry
Industry Median: 1.89
vs NSE:SPEB: 19.47
Speb Adhesives (NSE:SPEB) 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.
Speb Adhesives Current Ratio Related Terms
Speb Adhesives Current Ratio Historical Data
* Premium members only.
The historical data trend for Speb Adhesives'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:SPEB vs LIN, SHW, ECL: Current Ratio Comparison
For the Specialty Chemicals subindustry, Speb Adhesives'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.
Speb Adhesives Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Speb Adhesives's Current Ratio distribution charts can be found below:
* The bar in red indicates where Speb Adhesives'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.
Speb Adhesives (NSE:SPEB) has a Current Ratio of 19.47 as of Mar. 2026. This is 31% above median its historical median of 14.87. Over the past decade, Speb Adhesives' Current Ratio has ranged from 11.94 to 34.77. According to the industry distribution chart, Speb Adhesives ranks #19 out of 1610 companies in the Chemicals industry, placing it in the top 1.2%.
Is Speb Adhesives' Current Ratio too high?
Speb Adhesives' current Current Ratio of 19.47 is 31% above median its 10-year median of 14.87. Over the past 10 years, this metric has ranged from a low of 11.94 to a high of 34.77. The Chemicals industry median Current Ratio is 1.89. Speb Adhesives' value of 19.47 is 930.2% above this industry median. Based on the distribution chart, Speb Adhesives ranks #19 out of 1610 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Speb Adhesives has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Speb Adhesives' Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Speb Adhesives ranks #19 out of 1610 companies for Current Ratio. This places Speb Adhesives in the top 1% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.89. Speb Adhesives' value of 19.47 is 930.2% above this benchmark. Historically, Speb Adhesives' own Current Ratio has ranged from 11.94 to 34.77 over the past decade. While the company's 10-year median is 14.87 vs. the industry median of 1.89, Speb Adhesives 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,610 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. Speb Adhesives's current Current Ratio of 19.47 is 930.2% 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Speb Adhesives's current Current Ratio is 19.47, which is 31% above median its own 10-year median of 14.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speb Adhesives stock overvalued right now?
Speb Adhesives (NSE:SPEB) has a current Current Ratio of 19.47. The current Current Ratio is 19.47, which is 31% above median its 10-year median of 14.87 and 930.2% above the Chemicals industry median of 1.89. Speb Adhesives' overall GF Score™ is 21/100 with 4 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 Speb Adhesives (NSE:SPEB), the current Current Ratio is 19.47 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.
Speb Adhesives Ltd is engaged in the manufacturing of solvent-based synthetic rubber adhesives and offers water-based adhesives. The company focuses on in-house manufacturing of solvent-based adhesives, with water-based adhesives being produced on a contractual manufacturing basis. Its product portfolio includes various products customized for industrial and retail applications, such as multi-purpose adhesives, spray-grade adhesives, premium bonding adhesives, Ducting and Insulation adhesives, woodworking adhesives, footwear-grade adhesives, and adhesives used in Generator Sets. The company operates a B2B model through three business channels: dealer-distribution network, industrial sales, and government supply contracts. It generates the majority of its revenue from overseas markets.
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