Zenith Exports (NSE:ZENITHEXPO) Current Ratio: 5.90 (As of Mar. 2026) — 41% Above Median


NSE:ZENITHEXPO Zenith Exports Ltd NSE:ZENITHEXPO
76 GF Score
Price ₹200.40
GF Value ₹191.55
Valuation Fairly Valued
! 3 Warning Signs
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What is Zenith Exports Current Ratio?

Zenith Exports NSE:ZENITHEXPO -1.04% 76 Current Ratio is 5.90 as of Mar. 2026, which is 41% above its 10-year median of 4.18. GuruFocus rates NSE:ZENITHEXPO with a GF Score™ of 76/100 and a GF Value™ of ₹191.55 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, Zenith Exports ranks better than 91.34% 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. Zenith Exports's current ratio for the quarter that ended in Mar. 2026 was 5.90.

Zenith Exports has a current ratio of 5.90. 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 Zenith Exports's Current Ratio or its related term are showing as below:

NSE:ZENITHEXPO' s Current Ratio Range Over the Past 10 Years
Min: 3.3   Med: 4.18   Max: 5.9
Current: 5.9

During the past 13 years, Zenith Exports's highest Current Ratio was 5.90. The lowest was 3.30. And the median was 4.18.

NSE:ZENITHEXPO's Current Ratio is ranked better than
91.34% of 1062 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.81 vs NSE:ZENITHEXPO: 5.90

Zenith Exports  (NSE:ZENITHEXPO) 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.


Zenith Exports Current Ratio Related Terms


Zenith Exports Current Ratio Historical Data

* Premium members only.

The historical data trend for Zenith Exports'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.

Zenith Exports Current Ratio Chart

Zenith Exports 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 3.81 3.88 5.52 4.74 5.90

Zenith Exports 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 4.74 0.00 7.07 0.00 5.90

Zenith Exports Current Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Zenith Exports'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.


Zenith Exports Current Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Zenith Exports's Current Ratio falls into.


NSE:ZENITHEXPO
76GF Score
Zenith Exports Ltd NSE:ZENITHEXPO
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zenith Exports 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.

Zenith Exports'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 )
=646.2/109.6
=5.90

Zenith Exports'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 )
=646.2/109.6
=5.90

* 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 5.90 mean?
Zenith Exports (NSE:ZENITHEXPO) has a Current Ratio of 5.90 as of Mar. 2026. This is 41% above median its historical median of 4.18. Over the past decade, Zenith Exports' Current Ratio has ranged from 3.30 to 5.90. According to the industry distribution chart, Zenith Exports ranks #92 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 8.7%.
Is Zenith Exports' Current Ratio too high?
Zenith Exports' current Current Ratio of 5.90 is 41% above median its 10-year median of 4.18. Over the past 10 years, this metric has ranged from a low of 3.30 to a high of 5.90. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.81. Zenith Exports' value of 5.90 is 226% above this industry median. Based on the distribution chart, Zenith Exports ranks #92 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Zenith Exports has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zenith Exports' Current Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zenith Exports ranks #92 out of 1062 companies for Current Ratio. This places Zenith Exports in the top 9% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.81. Zenith Exports' value of 5.90 is 226% above this benchmark. Historically, Zenith Exports' own Current Ratio has ranged from 3.30 to 5.90 over the past decade. While the company's 10-year median is 4.18 vs. the industry median of 1.81, Zenith Exports 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 Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.81, based on 1,062 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. Zenith Exports's current Current Ratio of 5.90 is 226% 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 Manufacturing - Apparel & Accessories industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenith Exports's current Current Ratio is 5.90, which is 41% above median its own 10-year median of 4.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Exports stock overvalued right now?
Based on GuruFocus' analysis, Zenith Exports (NSE:ZENITHEXPO) is currently considered Fairly Valued. The stock's GF Value™ is ₹191.55, compared to a current price of ₹200.40 — trading 4.6% above its estimated fair value. The current Current Ratio is 5.90, which is 41% above median its 10-year median of 4.18 and 226% above the Manufacturing - Apparel & Accessories industry median of 1.81. Zenith Exports' overall GF Score™ is 76/100 with 3 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 Zenith Exports (NSE:ZENITHEXPO), the current Current Ratio is 5.90 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 Zenith Exports (NSE:ZENITHEXPO) Overvalued in 2026?

Based on GuruFocus' analysis, Zenith Exports stock appears to be overvalued. The current stock price of ₹200.40 is trading 4.6% above its estimated GF Value™ of ₹191.55. GuruFocus considers Zenith Exports to be Fairly Valued.

Key valuation signals for NSE:ZENITHEXPO:

  • Current Ratio: 5.90 (41% above median its 10-year median of 4.18)
  • GF Value™: ₹191.55 vs. price of ₹200.40 (4.6% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 226% above the Manufacturing - Apparel & Accessories median (#92 of 1062)

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


Zenith Exports Business Description

Other Exchanges 512553:India
Address 19, Rajendra Nath Mukherjee Road, 1st Floor, Kolkata, WB, IND, 700001
Zenith Exports Ltd is an India-based company engaged in the business of Leather Goods & Textile Fabrics. Its segment includes Silk Fabrics & Made-ups, Silk Fabrics & Made-ups, Yarns, and Weavings Silk Fabrics. It generates the majority of its revenue from the Industrial Leather H/Gloves & Made-ups. Geographically, it derives the majority of its revenue from Outside India.
76GF Score

Get the complete analysis for NSE:ZENITHEXPO

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

₹200.40
Price
₹191.55
GF Value