Waaree Energies (NSE:WAAREEENER) Current Ratio: (As of Jun. 2026)

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NSE:WAAREEENER Waaree Energies Ltd NSE:WAAREEENER
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What is Waaree Energies Current Ratio?

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. Waaree Energies's current ratio for the quarter that ended in Jun. 2026 was .

Waaree Energies has a current ratio of . It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Waaree Energies 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 Waaree Energies's Current Ratio or its related term are showing as below:

NSE:WAAREEENER' s Current Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.38   Max: 1.49
Current: 1.38

During the past 8 years, Waaree Energies's highest Current Ratio was 1.49. The lowest was 0.90. And the median was 1.38.

NSE:WAAREEENER's Current Ratio is ranked worse than
77.26% of 1038 companies
in the Semiconductors industry
Industry Median: 2.405 vs NSE:WAAREEENER: 1.38

Waaree Energies  (NSE:WAAREEENER) 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.


Waaree Energies Current Ratio Related Terms


Waaree Energies Current Ratio Historical Data

* Premium members only.

The historical data trend for Waaree Energies'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.

Waaree Energies Current Ratio Chart

Waaree Energies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 0.89 1.11 1.48 1.49 1.38

Waaree Energies Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.41 1.38

NSE:WAAREEENER vs FSLR, NXT, ENPH: Current Ratio Comparison

For the Solar subindustry, Waaree Energies'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.


Waaree Energies Current Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Waaree Energies's Current Ratio distribution charts can be found below:

* The bar in red indicates where Waaree Energies's Current Ratio falls into.


NSE:WAAREEENER
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Waaree Energies Ltd NSE:WAAREEENER
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Waaree Energies 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.

Waaree Energies'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 )
=175770/127077
=1.38

Waaree Energies's Current Ratio for the quarter that ended in Jun. 2026 is calculated as

Current Ratio (Q: Jun. 2026 )=Total Current Assets (Q: Jun. 2026 )/Total Current Liabilities (Q: Jun. 2026 )
=/
=

* 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.


Waaree Energies Business Description

Other Exchanges 544277:India
Address Western Express Highway, 602, 6th Floor, Western Edge-I, Borivali (East), Mumbai, MH, IND, 400 066
Waaree Energies Ltd is a manufacturer of solar PV modules in India. Its solar PV modules are currently manufactured using multicrystalline cell technology, monocrystalline cell technology and emerging technologies such as Tunnel Oxide Passivated Contact (TopCon). Its portfolio of solar energy products consists of the following PV modules: multicrystalline modules, monocrystalline modules, and TopCon modules, comprising flexible modules, which includes bifacial modules (Mono PERC) (framed and unframed), and building integrated photo voltaic (BIPV) modules. The Company operates only in one Business Segment i.e. Manufacturing & Trading of Solar Photovoltaic Modules.
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