Sunlite Recycling IndustriesNSE:SUNLITE -0.12%46 Current Ratio is 2.51 as of Mar. 2026, which is 81% above its 10-year median of 1.39. GuruFocus rates NSE:SUNLITE with a GF Score™ of 46/100. The stock has 1 warning sign investors should review. Among 3,073 Industrial Products companies, Sunlite Recycling Industries ranks better than 65.96% 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. Sunlite Recycling Industries's current ratio for the quarter that ended in Mar. 2026 was 2.51.
Sunlite Recycling Industries has a current ratio of 2.51. It generally indicates good short-term financial strength.
The historical rank and industry rank for Sunlite Recycling Industries's Current Ratio or its related term are showing as below:
NSE:SUNLITE'
s Current Ratio Range Over the Past 10 Years
Min: 1.25 Med: 1.39 Max: 2.63
Current: 2.51
During the past 6 years, Sunlite Recycling Industries's highest Current Ratio was 2.63. The lowest was 1.25. And the median was 1.39.
NSE:SUNLITE's Current Ratio is ranked better than 65.96% of 3073
companies
in the Industrial Products industry
Industry Median: 1.96
vs NSE:SUNLITE: 2.51
Sunlite Recycling Industries (NSE:SUNLITE) 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.
Sunlite Recycling Industries Current Ratio Related Terms
Sunlite Recycling Industries 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.
For the Electrical Equipment & Parts subindustry, Sunlite Recycling Industries'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.
Sunlite Recycling Industries Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sunlite Recycling Industries's Current Ratio distribution charts can be found below:
* The bar in red indicates where Sunlite Recycling Industries'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.
Sunlite Recycling Industries (NSE:SUNLITE) has a Current Ratio of 2.51 as of Mar. 2026. This is 81% above median its historical median of 1.39. Over the past decade, Sunlite Recycling Industries' Current Ratio has ranged from 1.25 to 2.63. According to the industry distribution chart, Sunlite Recycling Industries ranks #1046 out of 3073 companies in the Industrial Products industry, placing it in the top 34%.
Is Sunlite Recycling Industries' Current Ratio too high?
Sunlite Recycling Industries' current Current Ratio of 2.51 is 81% above median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 2.63. The Industrial Products industry median Current Ratio is 1.96. Sunlite Recycling Industries' value of 2.51 is 28.1% above this industry median. Based on the distribution chart, Sunlite Recycling Industries ranks #1046 out of 3073 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Sunlite Recycling Industries has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Sunlite Recycling Industries' Current Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Sunlite Recycling Industries ranks #1046 out of 3073 companies for Current Ratio. This puts Sunlite Recycling Industries in the upper half of its industry. The industry median Current Ratio is 1.96. Sunlite Recycling Industries' value of 2.51 is 28.1% above this benchmark. Historically, Sunlite Recycling Industries' own Current Ratio has ranged from 1.25 to 2.63 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.96, Sunlite Recycling Industries 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,073 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. Sunlite Recycling Industries's current Current Ratio of 2.51 is 28.1% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunlite Recycling Industries's current Current Ratio is 2.51, which is 81% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunlite Recycling Industries stock overvalued right now?
Sunlite Recycling Industries (NSE:SUNLITE) has a current Current Ratio of 2.51. The current Current Ratio is 2.51, which is 81% above median its 10-year median of 1.39 and 28.1% above the Industrial Products industry median of 1.96. Sunlite Recycling Industries' overall GF Score™ is 46/100 with 1 warning sign 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 Sunlite Recycling Industries (NSE:SUNLITE), the current Current Ratio is 2.51 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.
Sunlite Recycling Industries Ltd is engaged in the business of manufacturing of copper rods & wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Further, it is also engaged in providing job work services for processing of various products of copper, wherein its customers provide company with the copper scrap and the company converts the copper scrap into copper wire and copper wire rod as per customer's requirement. It employs an internal quality control mechanism to ensure that its finished product conforms to the exact requirement of its customers.
46GF Score
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