Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Garware Synthetics has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Garware Synthetics's Quick Ratio or its related term are showing as below:
BOM:514400'
s Quick Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.19 Max: 0.6
Current: 0.09
During the past 13 years, Garware Synthetics's highest Quick Ratio was 0.60. The lowest was 0.09. And the median was 0.19.
BOM:514400's Quick Ratio is ranked worse than 98.32% of 1070
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11
vs BOM:514400: 0.09
Garware Synthetics (BOM:514400) 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.
Garware Synthetics Quick Ratio Related Terms
Garware Synthetics Quick Ratio Historical Data
* Premium members only.
The historical data trend for Garware 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.
Garware Synthetics Quick Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Garware 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.
Garware Synthetics Quick Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Garware Synthetics's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Garware Synthetics'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.
Garware Synthetics'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.
Garware Synthetics (BOM:514400) 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 Garware Synthetics and its competitors. Over the past decade, Garware Synthetics' Quick Ratio has ranged from 0.09 to 0.60. According to the industry distribution chart, Garware Synthetics ranks #1052 out of 1070 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 98.3%.
Is Garware Synthetics' Quick Ratio too high?
Garware Synthetics' current Quick Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.60. Based on the distribution chart, Garware Synthetics ranks #1052 out of 1070 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Garware Synthetics has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Garware Synthetics' Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Garware Synthetics ranks #1052 out of 1070 companies for Quick Ratio. This places Garware Synthetics in the lower half of its industry. The industry median Quick Ratio is 1.11. Historically, Garware Synthetics' own Quick Ratio has ranged from 0.09 to 0.60 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,070 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 Garware 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. Garware Synthetics'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 Garware Synthetics stock overvalued right now?
Based on GuruFocus' analysis, Garware Synthetics (BOM:514400) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹18.15, compared to a current price of ₹20.74 — trading 14.3% above its estimated fair value. The current Quick Ratio is 0.00. Garware Synthetics' overall GF Score™ is 56/100 with 5 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 Garware Synthetics (BOM:514400), 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 Garware Synthetics (BOM:514400) Overvalued in 2026?
Based on GuruFocus' analysis, Garware Synthetics stock appears to be overvalued.
The current stock price of ₹20.74 is trading 14.3% above its estimated GF Value™ of ₹18.15.
GuruFocus considers Garware Synthetics to be Modestly Overvalued.
Key valuation signals for BOM:514400:
Quick Ratio: 0.00
GF Value™: ₹18.15 vs. price of ₹20.74 (14.3% above fair value)
No single metric tells the full story. See the BOM:514400 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garware Synthetics Ltd is a company engaged in the business of manufacturing Garflon Nylon Monofilaments, Rods, Bristles, Fishing lines, Bushes and Machinery parts, and Polypropylene bristles. The company manufactures its products under the GARFLON brand name. The group's products are used for products such as toothbrushes, shaving brushes, paintbrushes, and industrial and household brushes. The firm principally operates in India and generates key revenue from the sale of Garflon Nylon Bristles.
56GF Score
Get the complete analysis for BOM:514400
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:514400 has been successfully added to your 
