Swastik PipeNSE:SWASTIK -4.79%62 Current Ratio is 1.49 as of Mar. 2025. GuruFocus rates NSE:SWASTIK with a GF Score™ of 62/100 (Significantly Undervalued). Among 636 Steel companies, Swastik Pipe ranks worse than 55.66% 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. Swastik Pipe's current ratio for the quarter that ended in Mar. 2025 was 1.49.
Swastik Pipe has a current ratio of 1.49. It generally indicates good short-term financial strength.
The historical rank and industry rank for Swastik Pipe's Current Ratio or its related term are showing as below:
NSE:SWASTIK's Current Ratio is not ranked *
in the Steel industry.
Industry Median: 1.63 * Ranked among companies with meaningful Current Ratio only.
Swastik Pipe (NSE:SWASTIK) 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.
Swastik Pipe Current Ratio Related Terms
Swastik Pipe Current Ratio Historical Data
* Premium members only.
The historical data trend for Swastik Pipe'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:SWASTIK vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, Swastik Pipe'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.
Swastik Pipe Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Swastik Pipe's Current Ratio distribution charts can be found below:
* The bar in red indicates where Swastik Pipe'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.
Swastik Pipe (NSE:SWASTIK) has a Current Ratio of 1.49 as of Mar. 2025. According to the industry distribution chart, Swastik Pipe ranks #354 out of 636 companies in the Steel industry, placing it in the top 55.7%.
Is Swastik Pipe's Current Ratio too high?
Swastik Pipe's current Current Ratio is 1.49. The Steel industry median Current Ratio is 1.63. Swastik Pipe's value of 1.49 is 8.6% below this industry median. Based on the distribution chart, Swastik Pipe ranks #354 out of 636 companies in the Steel industry, which is below the industry midpoint. Overall, Swastik Pipe has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Swastik Pipe's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Swastik Pipe ranks #354 out of 636 companies for Current Ratio. This places Swastik Pipe in the lower half of its industry. The industry median Current Ratio is 1.63. Swastik Pipe's value of 1.49 is 8.6% below 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 Steel company?
The median Current Ratio among Steel companies is 1.63, based on 636 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. Swastik Pipe's current Current Ratio of 1.49 is 8.6% 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 Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swastik Pipe's current Current Ratio is 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swastik Pipe stock overvalued right now?
Based on GuruFocus' analysis, Swastik Pipe (NSE:SWASTIK) is currently considered Significantly Undervalued. The current Current Ratio is 1.49 and 8.6% below the Steel industry median of 1.63. Swastik Pipe's overall GF Score™ is 62/100. 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 Swastik Pipe (NSE:SWASTIK), the current Current Ratio is 1.49 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.
Swastik Pipe Ltd manufactures and exports a range of steel pipes and related products in India. Its product portfolio includes mild steel and carbon steel electric resistance welded (ERW) black and galvanized pipes, hollow steel pipes, cold-rolled steel strips and coils, swaged tubular poles, and solar mounting structures. The company operates manufacturing plants in Haryana and Uttar Pradesh with a notable installed capacity. Swastik Pipe serves industries such as construction, infrastructure, and energy, exporting products to various countries. Revenue is generated through the sale of its steel pipe products both domestically and internationally.
62GF Score
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