BOM:509597'
s Quick Ratio Range Over the Past 10 Years
Min: 0.27 Med: 2 Max: 18.22
Current: 4.33
During the past 13 years, Hardcastle & Waud Manufacturing Co's highest Quick Ratio was 18.22. The lowest was 0.27. And the median was 2.00.
BOM:509597's Quick Ratio is ranked better than 91.36% of 567
companies
in the Conglomerates industry
Industry Median: 1.19
vs BOM:509597: 4.33
Hardcastle & Waud Manufacturing Co (BOM:509597) 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.
Hardcastle & Waud Manufacturing Co Quick Ratio Related Terms
Hardcastle & Waud Manufacturing Co 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.
Hardcastle & Waud Manufacturing Co Quick Ratio Chart
For the Conglomerates subindustry, Hardcastle & Waud Manufacturing Co'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.
Hardcastle & Waud Manufacturing Co Quick Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Hardcastle & Waud Manufacturing Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Hardcastle & Waud Manufacturing Co's Quick Ratio falls into.
Hardcastle & Waud Manufacturing Co 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.
Hardcastle & Waud Manufacturing Co (BOM:509597) has a Quick Ratio of 4.33 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hardcastle & Waud Manufacturing Co and its competitors. This is 117% above median its historical median of 2.00. Over the past decade, Hardcastle & Waud Manufacturing Co's Quick Ratio has ranged from 0.27 to 18.22. According to the industry distribution chart, Hardcastle & Waud Manufacturing Co ranks #49 out of 567 companies in the Conglomerates industry, placing it in the top 8.6%.
Is Hardcastle & Waud Manufacturing Co's Quick Ratio too high?
Hardcastle & Waud Manufacturing Co's current Quick Ratio of 4.33 is 117% above median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 18.22. The Conglomerates industry median Quick Ratio is 1.19. Hardcastle & Waud Manufacturing Co's value of 4.33 is 263.9% above this industry median. Based on the distribution chart, Hardcastle & Waud Manufacturing Co ranks #49 out of 567 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Hardcastle & Waud Manufacturing Co has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hardcastle & Waud Manufacturing Co's Quick Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Hardcastle & Waud Manufacturing Co ranks #49 out of 567 companies for Quick Ratio. This places Hardcastle & Waud Manufacturing Co in the top 9% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.19. Hardcastle & Waud Manufacturing Co's value of 4.33 is 263.9% above this benchmark. Historically, Hardcastle & Waud Manufacturing Co's own Quick Ratio has ranged from 0.27 to 18.22 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 1.19, Hardcastle & Waud Manufacturing Co 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 Quick Ratio for a Conglomerates company?
The median Quick Ratio among Conglomerates companies is 1.19, based on 567 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. Hardcastle & Waud Manufacturing Co's current Quick Ratio of 4.33 is 263.9% 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 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 Hardcastle & Waud Manufacturing Co and its competitors. For the Conglomerates industry, the median Quick Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hardcastle & Waud Manufacturing Co's current Quick Ratio is 4.33, which is 117% above median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hardcastle & Waud Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Hardcastle & Waud Manufacturing Co (BOM:509597) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,553.06, compared to a current price of ₹838.55 — trading 46% below its estimated fair value. The current Quick Ratio is 4.33, which is 117% above median its 10-year median of 2.00 and 263.9% above the Conglomerates industry median of 1.19. Hardcastle & Waud Manufacturing Co's overall GF Score™ is 83/100 with 3 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 Hardcastle & Waud Manufacturing Co (BOM:509597), the current Quick Ratio is 4.33 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 Hardcastle & Waud Manufacturing Co (BOM:509597) Overvalued in 2026?
Based on GuruFocus' analysis, Hardcastle & Waud Manufacturing Co stock appears to be undervalued.
The current stock price of ₹838.55 is trading 46% below its estimated GF Value™ of ₹1,553.06.
GuruFocus considers Hardcastle & Waud Manufacturing Co to be Significantly Undervalued.
Key valuation signals for BOM:509597:
Quick Ratio: 4.33 (117% above median its 10-year median of 2.00)
GF Value™: ₹1,553.06 vs. price of ₹838.55 (46% below fair value)
Industry Position: 263.9% above the Conglomerates median (#49 of 567)
No single metric tells the full story. See the BOM:509597 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hardcastle & Waud Manufacturing Co Business Description
Hardcastle & Waud Manufacturing Co Ltd is engaged in the manufacturing and marketing of industrial chemicals. The company operates in three segments, including Industrial Chemicals, Investments, and Leasing Activities. The company manufactures chemicals for metalworking, electrical, engineering, and other related industries. Its products include heat treatment products, fluid power products, die-casting lubricants, cutting coolants, drawing compounds, rolling and coating oils, rust preventives, hot forging lubricants, cleaners, and industrial lubricants. The company generates key revenue from the Investment segment.
83GF Score
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