Rasandik Engineering Industries India has a quick ratio of 0.21. It indicates that the company cannot currently fully pay back its current liabilities.
BOM:522207's Quick Ratio is ranked worse than 98.13% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 1.06
vs BOM:522207: 0.21
Rasandik Engineering Industries India (BOM:522207) 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.
Rasandik Engineering Industries India Quick Ratio Related Terms
Rasandik Engineering Industries India 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.
Rasandik Engineering Industries India Quick Ratio Chart
For the Auto Parts subindustry, Rasandik Engineering Industries India'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.
Rasandik Engineering Industries India Quick Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Rasandik Engineering Industries India's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Rasandik Engineering Industries India's Quick Ratio falls into.
Rasandik Engineering Industries India 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.
Rasandik Engineering Industries India (BOM:522207) has a Quick Ratio of 0.21 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Rasandik Engineering Industries India and its competitors. This is near median its historical median of 0.22. Over the past decade, Rasandik Engineering Industries India's Quick Ratio has ranged from 0.18 to 0.35. According to the industry distribution chart, Rasandik Engineering Industries India ranks #1312 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 98.1%.
Is Rasandik Engineering Industries India's Quick Ratio too high?
Rasandik Engineering Industries India's current Quick Ratio of 0.21 is near median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.35. The Vehicles & Parts industry median Quick Ratio is 1.06. Rasandik Engineering Industries India's value of 0.21 is 80.2% below this industry median. Based on the distribution chart, Rasandik Engineering Industries India ranks #1312 out of 1337 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Rasandik Engineering Industries India has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rasandik Engineering Industries India's Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Rasandik Engineering Industries India ranks #1312 out of 1337 companies for Quick Ratio. This places Rasandik Engineering Industries India in the lower half of its industry. The industry median Quick Ratio is 1.06. Rasandik Engineering Industries India's value of 0.21 is 80.2% below this benchmark. Historically, Rasandik Engineering Industries India's own Quick Ratio has ranged from 0.18 to 0.35 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 1.06, Rasandik Engineering Industries India has consistently been below 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 Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.06, based on 1,337 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. Rasandik Engineering Industries India's current Quick Ratio of 0.21 is 80.2% below 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 Rasandik Engineering Industries India and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rasandik Engineering Industries India's current Quick Ratio is 0.21, which is near median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rasandik Engineering Industries India stock overvalued right now?
Based on GuruFocus' analysis, Rasandik Engineering Industries India (BOM:522207) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹84.67, compared to a current price of ₹63.55 — trading 24.9% below its estimated fair value. The current Quick Ratio is 0.21, which is near median its 10-year median of 0.22 and 80.2% below the Vehicles & Parts industry median of 1.06. Rasandik Engineering Industries India's overall GF Score™ is 58/100 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 Rasandik Engineering Industries India (BOM:522207), the current Quick Ratio is 0.21 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 Rasandik Engineering Industries India (BOM:522207) Overvalued in 2026?
Based on GuruFocus' analysis, Rasandik Engineering Industries India stock appears to be undervalued.
The current stock price of ₹63.55 is trading 24.9% below its estimated GF Value™ of ₹84.67.
GuruFocus considers Rasandik Engineering Industries India to be Modestly Undervalued.
Key valuation signals for BOM:522207:
Quick Ratio: 0.21 (near median its 10-year median of 0.22)
GF Value™: ₹84.67 vs. price of ₹63.55 (24.9% below fair value)
Industry Position: 80.2% below the Vehicles & Parts median (#1312 of 1337)
No single metric tells the full story. See the BOM:522207 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rasandik Engineering Industries India Business Description
Rasandik Engineering Industries India Ltd is engaged in the manufacturing of sheet metal components, muffler assemblies, fuel tanks, tools & dies for motor vehicles, and spare parts. It also manufactures three-wheeler electric vehicles. Some of the products offered by the company include wheel arch inner, bonnet outer, locator shock absorber, and fuel tanks among others. The company generates the majority of its revenue from the sale of Sheet Metal.
58GF Score
Get the complete analysis for BOM:522207
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