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Longspur International Ventures (BOM:504340) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Longspur International Ventures Quick Ratio Related Terms
Longspur International Ventures Quick 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.
BOM:504340 vs MS, GS, SCHW: Quick Ratio Comparison
For the Capital Markets subindustry, Longspur International Ventures's Quick Ratio, along with its competitors' market caps and Quick 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.
Longspur International Ventures Quick Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Longspur International Ventures's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Longspur International Ventures's Quick Ratio falls into.
Longspur International Ventures Quick Ratio Calculation
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
* 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.
Longspur International Ventures (BOM:504340) has a Quick Ratio of 0.00 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Longspur International Ventures and its competitors. Over the past decade, Longspur International Ventures' Quick Ratio has ranged from 0.06 to 37.95. According to the industry distribution chart, Longspur International Ventures ranks #610 out of 690 companies in the Capital Markets industry, placing it in the top 88.4%.
Is Longspur International Ventures' Quick Ratio too high?
Longspur International Ventures' current Quick Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 37.95. Based on the distribution chart, Longspur International Ventures ranks #610 out of 690 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Longspur International Ventures has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Longspur International Ventures' Quick Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Longspur International Ventures ranks #610 out of 690 companies for Quick Ratio. This places Longspur International Ventures in the lower half of its industry. The industry median Quick Ratio is 2.10. Historically, Longspur International Ventures' own Quick Ratio has ranged from 0.06 to 37.95 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Capital Markets company?
The median Quick Ratio among Capital Markets companies is 2.10, based on 690 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Longspur International Ventures and its competitors. For the Capital Markets industry, the median Quick Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Longspur International Ventures's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Longspur International Ventures stock overvalued right now?
Based on GuruFocus' analysis, Longspur International Ventures (BOM:504340) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹5.55, compared to a current price of ₹9.93 — trading 78.9% above its estimated fair value. The current Quick Ratio is 0.00. Longspur International Ventures' overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Longspur International Ventures (BOM:504340), the current Quick Ratio is 0.00 as of Jun. 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 Longspur International Ventures (BOM:504340) Overvalued in 2026?
Based on GuruFocus' analysis, Longspur International Ventures stock appears to be overvalued.
The current stock price of ₹9.93 is trading 78.9% above its estimated GF Value™ of ₹5.55.
GuruFocus considers Longspur International Ventures to be Significantly Overvalued.
Key valuation signals for BOM:504340:
Quick Ratio: 0.00
GF Value™: ₹5.55 vs. price of ₹9.93 (78.9% above fair value)
No single metric tells the full story. See the BOM:504340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Longspur International Ventures Ltd formerly Confidence Finance & Trading Ltd is an Indian-based company. It is engaged in the trading of securities and shares. It is also involved in financial activities. The company generates maximum revenue from Interest Income on Advances & Capital markets.
54GF Score
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