Premier Synthetics (BOM:509835) Quick Ratio: 16.16 (As of Mar. 2026) — 1080% Above Median

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BOM:509835 Premier Synthetics Ltd BOM:509835
51 GF Score
Price ₹16.47
GF Value ₹66.56
Valuation Possible Value Trap
! 3 Warning Signs
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What is Premier Synthetics Quick Ratio?

Premier Synthetics BOM:509835 +3.85% 51 Quick Ratio is 16.16 as of Mar. 2026, which is 1080% above its 10-year median of 1.37. GuruFocus rates BOM:509835 with a GF Score™ of 51/100 and a GF Value™ of ₹66.56 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Premier Synthetics ranks better than 97.47% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Premier Synthetics's quick ratio for the quarter that ended in Mar. 2026 was 16.16.

Premier Synthetics has a quick ratio of 16.16. It generally indicates good short-term financial strength.

The historical rank and industry rank for Premier Synthetics's Quick Ratio or its related term are showing as below:

BOM:509835' s Quick Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.37   Max: 16.16
Current: 16.16

During the past 13 years, Premier Synthetics's highest Quick Ratio was 16.16. The lowest was 0.98. And the median was 1.37.

BOM:509835's Quick Ratio is ranked better than
97.47% of 1069 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11 vs BOM:509835: 16.16

Premier Synthetics  (BOM:509835) 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.


Premier Synthetics Quick Ratio Related Terms


Premier Synthetics Quick Ratio Historical Data

* Premium members only.

The historical data trend for Premier Synthetics's Quick 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.

Premier Synthetics Quick Ratio Chart

Premier Synthetics Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 1.39 2.53 2.25 16.16

Premier Synthetics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick 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 2.25 0.00 1.77 0.00 16.16

Premier Synthetics Quick Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Premier Synthetics'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.


Premier Synthetics Quick Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Premier Synthetics's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Premier Synthetics's Quick Ratio falls into.


BOM:509835
51GF Score
Premier Synthetics Ltd BOM:509835
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Premier Synthetics 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.

Premier Synthetics's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(124.602-47.22)/4.789
=16.16

Premier Synthetics's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(124.602-47.22)/4.789
=16.16

* 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 Quick Ratio →
What does a Quick Ratio of 16.16 mean?
Premier Synthetics (BOM:509835) has a Quick Ratio of 16.16 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Premier Synthetics and its competitors. This is 1080% above median its historical median of 1.37. Over the past decade, Premier Synthetics' Quick Ratio has ranged from 0.98 to 16.16. According to the industry distribution chart, Premier Synthetics ranks #27 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 2.5%.
Is Premier Synthetics' Quick Ratio too high?
Premier Synthetics' current Quick Ratio of 16.16 is 1080% above median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 16.16. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Premier Synthetics' value of 16.16 is 1355.9% above this industry median. Based on the distribution chart, Premier Synthetics ranks #27 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Premier Synthetics has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Premier Synthetics' Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Premier Synthetics ranks #27 out of 1069 companies for Quick Ratio. This places Premier Synthetics in the top 3% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. Premier Synthetics' value of 16.16 is 1355.9% above this benchmark. Historically, Premier Synthetics' own Quick Ratio has ranged from 0.98 to 16.16 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 1.11, Premier Synthetics 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,069 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. Premier Synthetics's current Quick Ratio of 16.16 is 1355.9% 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 Premier Synthetics and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premier Synthetics's current Quick Ratio is 16.16, which is 1080% above median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Synthetics stock overvalued right now?
Based on GuruFocus' analysis, Premier Synthetics (BOM:509835) is currently considered Possible Value Trap. The stock's GF Value™ is ₹66.56, compared to a current price of ₹16.47 — trading 75.3% below its estimated fair value. The current Quick Ratio is 16.16, which is 1080% above median its 10-year median of 1.37 and 1355.9% above the Manufacturing - Apparel & Accessories industry median of 1.11. Premier Synthetics' overall GF Score™ is 51/100 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 Premier Synthetics (BOM:509835), the current Quick Ratio is 16.16 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 Premier Synthetics (BOM:509835) Overvalued in 2026?

Based on GuruFocus' analysis, Premier Synthetics stock appears to be undervalued. The current stock price of ₹16.47 is trading 75.3% below its estimated GF Value™ of ₹66.56. GuruFocus considers Premier Synthetics to be Possible Value Trap.

Key valuation signals for BOM:509835:

  • Quick Ratio: 16.16 (1080% above median its 10-year median of 1.37)
  • GF Value™: ₹66.56 vs. price of ₹16.47 (75.3% below fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 1355.9% above the Manufacturing - Apparel & Accessories median (#27 of 1069)

No single metric tells the full story. See the BOM:509835 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Premier Synthetics Business Description

Address Swastik X Road, Surana House, Behind Klassic Chambers, Opposite Narnarayan Complex, Navrangpura, Ahmedabad, GJ, IND, 380009
Premier Synthetics Ltd is an India-based company engaged in the trading of Textiles and the Trading of Raw Material consumed in the manufacturing of Rubber Tubes. It generates the majority of its revenue from the Trading of Textiles segment.
51GF Score

Get the complete analysis for BOM:509835

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

₹16.47
Price
₹66.56
GF Value