Fortis Malar HospitalsBOM:523696 -2.01%32 Quick Ratio is 11.33 as of Mar. 2026, which is 339% above its 10-year median of 2.58. GuruFocus rates BOM:523696 with a GF Score™ of 32/100 and a GF Value™ of ₹0.03 (Significantly Overvalued). Among 680 Healthcare Providers & Services companies, Fortis Malar Hospitals ranks better than 96.76% on this metric.
Fortis Malar Hospitals has a quick ratio of 11.33. It generally indicates good short-term financial strength.
The historical rank and industry rank for Fortis Malar Hospitals's Quick Ratio or its related term are showing as below:
BOM:523696'
s Quick Ratio Range Over the Past 10 Years
Min: 1.5 Med: 2.58 Max: 17.68
Current: 11.33
During the past 13 years, Fortis Malar Hospitals's highest Quick Ratio was 17.68. The lowest was 1.50. And the median was 2.58.
BOM:523696's Quick Ratio is ranked better than 96.76% of 680
companies
in the Healthcare Providers & Services industry
Industry Median: 1.325
vs BOM:523696: 11.33
Fortis Malar Hospitals (BOM:523696) 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.
Fortis Malar Hospitals Quick Ratio Related Terms
Fortis Malar Hospitals 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.
BOM:523696 vs HCA, THC, DVA: Quick Ratio Comparison
For the Medical Care Facilities subindustry, Fortis Malar Hospitals'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.
Fortis Malar Hospitals Quick Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Fortis Malar Hospitals's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Fortis Malar Hospitals'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.
Fortis Malar Hospitals'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.
Fortis Malar Hospitals (BOM:523696) has a Quick Ratio of 11.33 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Fortis Malar Hospitals and its competitors. This is 339% above median its historical median of 2.58. Over the past decade, Fortis Malar Hospitals' Quick Ratio has ranged from 1.50 to 17.68. According to the industry distribution chart, Fortis Malar Hospitals ranks #22 out of 680 companies in the Healthcare Providers & Services industry, placing it in the top 3.2%.
Is Fortis Malar Hospitals' Quick Ratio too high?
Fortis Malar Hospitals' current Quick Ratio of 11.33 is 339% above median its 10-year median of 2.58. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 17.68. The Healthcare Providers & Services industry median Quick Ratio is 1.33. Fortis Malar Hospitals' value of 11.33 is 755.1% above this industry median. Based on the distribution chart, Fortis Malar Hospitals ranks #22 out of 680 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Fortis Malar Hospitals has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortis Malar Hospitals' Quick Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Fortis Malar Hospitals ranks #22 out of 680 companies for Quick Ratio. This places Fortis Malar Hospitals in the top 3% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.33. Fortis Malar Hospitals' value of 11.33 is 755.1% above this benchmark. Historically, Fortis Malar Hospitals' own Quick Ratio has ranged from 1.50 to 17.68 over the past decade. While the company's 10-year median is 2.58 vs. the industry median of 1.33, Fortis Malar Hospitals 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 Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.33, based on 680 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. Fortis Malar Hospitals's current Quick Ratio of 11.33 is 755.1% 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 Fortis Malar Hospitals and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortis Malar Hospitals's current Quick Ratio is 11.33, which is 339% above median its own 10-year median of 2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortis Malar Hospitals stock overvalued right now?
Based on GuruFocus' analysis, Fortis Malar Hospitals (BOM:523696) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.03, compared to a current price of ₹50.66 — trading 168766.7% above its estimated fair value. The current Quick Ratio is 11.33, which is 339% above median its 10-year median of 2.58 and 755.1% above the Healthcare Providers & Services industry median of 1.33. Fortis Malar Hospitals' overall GF Score™ is 32/100. 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 Fortis Malar Hospitals (BOM:523696), the current Quick Ratio is 11.33 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 Fortis Malar Hospitals (BOM:523696) Overvalued in 2026?
Based on GuruFocus' analysis, Fortis Malar Hospitals stock appears to be overvalued.
The current stock price of ₹50.66 is trading 168766.7% above its estimated GF Value™ of ₹0.03.
GuruFocus considers Fortis Malar Hospitals to be Significantly Overvalued.
Key valuation signals for BOM:523696:
Quick Ratio: 11.33 (339% above median its 10-year median of 2.58)
GF Value™: ₹0.03 vs. price of ₹50.66 (168766.7% above fair value)
Industry Position: 755.1% above the Healthcare Providers & Services median (#22 of 680)
No single metric tells the full story. See the BOM:523696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortis Malar Hospitals Ltd is an India-based company engaged in the provision of healthcare services. It focuses on providing medical care in the areas of cardiology and cardiac surgery, neurosurgery, gynecology, orthopedics, gastroenterology, neurology, pediatrics, diabetes, nephrology, and internal medicine. The company provides healthcare services in various branches of medicine such as general surgery, general medicine, pediatrics, neurology, cardiology, ophthalmology, radiology, pathology, gastroenterology, urology, thoracic surgery, plastic surgery, and other allied specialties. It operates in one business, namely, in the health care services.
32GF Score
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