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Elango IndustriesBOM:513452 -6.36%45 Quick Ratio is 3.25 as of Mar. 2026, which is 85% below its 10-year median of 22.08. GuruFocus rates BOM:513452 with a GF Score™ of 45/100. The stock has 3 warning signs investors should review. Among 449 Utilities - Independent Power Producers companies, Elango Industries ranks better than 85.52% on this metric.
Elango Industries has a quick ratio of 3.25. It generally indicates good short-term financial strength.
The historical rank and industry rank for Elango Industries's Quick Ratio or its related term are showing as below:
BOM:513452'
s Quick Ratio Range Over the Past 10 Years
Min: 2.09 Med: 22.08 Max: 79.38
Current: 3.25
During the past 13 years, Elango Industries's highest Quick Ratio was 79.38. The lowest was 2.09. And the median was 22.08.
BOM:513452's Quick Ratio is ranked better than 85.52% of 449
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.23
vs BOM:513452: 3.25
Elango Industries (BOM:513452) 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.
Elango Industries Quick Ratio Related Terms
Elango Industries Quick Ratio Historical Data
* Premium members only.
The historical data trend for Elango Industries'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.
BOM:513452 vs CEG, VST, NRG: Quick Ratio Comparison
For the Utilities - Independent Power Producers subindustry, Elango Industries'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.
Elango Industries Quick Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Elango Industries's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Elango Industries's Quick Ratio falls into.
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.
Elango Industries's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Elango Industries (BOM:513452) has a Quick Ratio of 3.25 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Elango Industries and its competitors. This is 85% below median its historical median of 22.08. Over the past decade, Elango Industries' Quick Ratio has ranged from 2.09 to 79.38. According to the industry distribution chart, Elango Industries ranks #65 out of 449 companies in the Utilities - Independent Power Producers industry, placing it in the top 14.5%.
Is Elango Industries' Quick Ratio too high?
Elango Industries' current Quick Ratio of 3.25 is 85% below median its 10-year median of 22.08. Over the past 10 years, this metric has ranged from a low of 2.09 to a high of 79.38. The Utilities - Independent Power Producers industry median Quick Ratio is 1.23. Elango Industries' value of 3.25 is 164.2% above this industry median. Based on the distribution chart, Elango Industries ranks #65 out of 449 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Elango Industries has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Elango Industries' Quick Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Elango Industries ranks #65 out of 449 companies for Quick Ratio. This places Elango Industries in the top 15% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.23. Elango Industries' value of 3.25 is 164.2% above this benchmark. Historically, Elango Industries' own Quick Ratio has ranged from 2.09 to 79.38 over the past decade. While the company's 10-year median is 22.08 vs. the industry median of 1.23, Elango Industries 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 an Utilities - Independent Power Producers company?
The median Quick Ratio among Utilities - Independent Power Producers companies is 1.23, based on 449 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. Elango Industries's current Quick Ratio of 3.25 is 164.2% 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 Elango Industries and its competitors. For the Utilities - Independent Power Producers industry, the median Quick Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elango Industries's current Quick Ratio is 3.25, which is 85% below median its own 10-year median of 22.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elango Industries stock overvalued right now?
Elango Industries (BOM:513452) has a current Quick Ratio of 3.25. The current Quick Ratio is 3.25, which is 85% below median its 10-year median of 22.08 and 164.2% above the Utilities - Independent Power Producers industry median of 1.23. Elango Industries' overall GF Score™ is 45/100 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 Elango Industries (BOM:513452), the current Quick Ratio is 3.25 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.
Elango Industries Ltd is a power generation and distribution company. It has been carrying on Operation and Maintenance - (O&M) activities and other service activities. The company also markets and sells the power produced by the power plants of its clients.
45GF Score
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