Varvee Global (NSE:VGL) Current Ratio: 0.46 (As of Mar. 2026) — 56% Below Median


NSE:VGL Varvee Global Ltd NSE:VGL
49 GF Score
Price ₹63.61
GF Value ₹22.88
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Varvee Global Current Ratio?

Varvee Global NSE:VGL -0.27% 49 Current Ratio is 0.46 as of Mar. 2026, which is 56% below its 10-year median of 1.04. GuruFocus rates NSE:VGL with a GF Score™ of 49/100 and a GF Value™ of ₹22.88 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,066 Manufacturing - Apparel & Accessories companies, Varvee Global ranks worse than 95.03% 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. Varvee Global's current ratio for the quarter that ended in Mar. 2026 was 0.46.

Varvee Global has a current ratio of 0.46. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Varvee Global has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Varvee Global's Current Ratio or its related term are showing as below:

NSE:VGL' s Current Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.04   Max: 1.19
Current: 0.46

During the past 13 years, Varvee Global's highest Current Ratio was 1.19. The lowest was 0.46. And the median was 1.04.

NSE:VGL's Current Ratio is ranked worse than
95.03% of 1066 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.8 vs NSE:VGL: 0.46

Varvee Global  (NSE:VGL) 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.


Varvee Global Current Ratio Related Terms


Varvee Global Current Ratio Historical Data

* Premium members only.

The historical data trend for Varvee Global'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.

Varvee Global Current Ratio Chart

Varvee Global Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 0.90 1.02 0.55 0.46

Varvee Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.00 0.42 0.00 0.46

Varvee Global Current Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Varvee Global'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.


Varvee Global Current Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Varvee Global's Current Ratio distribution charts can be found below:

* The bar in red indicates where Varvee Global's Current Ratio falls into.


NSE:VGL
49GF Score
Varvee Global Ltd NSE:VGL
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Varvee Global Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Varvee Global's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=488.718/1064.612
=0.46

Varvee Global's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=488.718/1064.612
=0.46

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.46 mean?
Varvee Global (NSE:VGL) has a Current Ratio of 0.46 as of Mar. 2026. This is 56% below median its historical median of 1.04. Over the past decade, Varvee Global's Current Ratio has ranged from 0.46 to 1.19. According to the industry distribution chart, Varvee Global ranks #1013 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 95%.
Is Varvee Global's Current Ratio too high?
Varvee Global's current Current Ratio of 0.46 is 56% below median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 1.19. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.80. Varvee Global's value of 0.46 is 74.4% below this industry median. Based on the distribution chart, Varvee Global ranks #1013 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Varvee Global has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Varvee Global's Current Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Varvee Global ranks #1013 out of 1066 companies for Current Ratio. This places Varvee Global in the lower half of its industry. The industry median Current Ratio is 1.80. Varvee Global's value of 0.46 is 74.4% below this benchmark. Historically, Varvee Global's own Current Ratio has ranged from 0.46 to 1.19 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.80, Varvee Global 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 1.80, 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. Varvee Global's current Current Ratio of 0.46 is 74.4% 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 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varvee Global's current Current Ratio is 0.46, which is 56% below median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varvee Global stock overvalued right now?
Based on GuruFocus' analysis, Varvee Global (NSE:VGL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹22.88, compared to a current price of ₹63.61 — trading 178% above its estimated fair value. The current Current Ratio is 0.46, which is 56% below median its 10-year median of 1.04 and 74.4% below the Manufacturing - Apparel & Accessories industry median of 1.80. Varvee Global's overall GF Score™ is 49/100 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 Varvee Global (NSE:VGL), the current Current Ratio is 0.46 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 Varvee Global (NSE:VGL) Overvalued in 2026?

Based on GuruFocus' analysis, Varvee Global stock appears to be overvalued. The current stock price of ₹63.61 is trading 178% above its estimated GF Value™ of ₹22.88. GuruFocus considers Varvee Global to be Significantly Overvalued.

Key valuation signals for NSE:VGL:

  • Current Ratio: 0.46 (56% below median its 10-year median of 1.04)
  • GF Value™: ₹22.88 vs. price of ₹63.61 (178% above fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 74.4% below the Manufacturing - Apparel & Accessories median (#1013 of 1066)

No single metric tells the full story. See the NSE:VGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Varvee Global Business Description

Other Exchanges 514274:India
Address 188/2, Ranipur Village, Opposite CNI Church, Narol, Ahmedabad, GJ, IND, 382 405
Varvee Global Ltd is engaged in the manufacturing and selling of denim and non-denim Fabrics. The company caters to both domestic and international markets. Geographically, the company derives a majority of its revenue from India.
49GF Score

Get the complete analysis for NSE:VGL

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹63.61
Price
₹22.88
GF Value