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Gagan GasesBOM:524624 +1.85%78 Quick Ratio is 21.79 as of Mar. 2026, which is 131% above its 10-year median of 9.42. GuruFocus rates BOM:524624 with a GF Score™ of 78/100 and a GF Value™ of ₹37.35 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,012 Oil & Gas companies, Gagan Gases ranks better than 96.94% 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. Gagan Gases's quick ratio for the quarter that ended in Mar. 2026 was 21.79.
Gagan Gases has a quick ratio of 21.79. It generally indicates good short-term financial strength.
The historical rank and industry rank for Gagan Gases's Quick Ratio or its related term are showing as below:
BOM:524624'
s Quick Ratio Range Over the Past 10 Years
Min: 4.83 Med: 9.42 Max: 26.03
Current: 21.79
During the past 13 years, Gagan Gases's highest Quick Ratio was 26.03. The lowest was 4.83. And the median was 9.42.
BOM:524624's Quick Ratio is ranked better than 96.94% of 1012
companies
in the Oil & Gas industry
Industry Median: 1.11
vs BOM:524624: 21.79
Gagan Gases (BOM:524624) 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.
Gagan Gases Quick Ratio Related Terms
Gagan Gases Quick Ratio Historical Data
* Premium members only.
The historical data trend for Gagan Gases'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:524624 vs VLO, MPC, PSX: Quick Ratio Comparison
For the Oil & Gas Refining & Marketing subindustry, Gagan Gases'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.
Gagan Gases Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Gagan Gases's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Gagan Gases'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.
Gagan Gases'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.
Gagan Gases (BOM:524624) has a Quick Ratio of 21.79 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Gagan Gases and its competitors. This is 131% above median its historical median of 9.42. Over the past decade, Gagan Gases' Quick Ratio has ranged from 4.83 to 26.03. According to the industry distribution chart, Gagan Gases ranks #31 out of 1012 companies in the Oil & Gas industry, placing it in the top 3.1%.
Is Gagan Gases' Quick Ratio too high?
Gagan Gases' current Quick Ratio of 21.79 is 131% above median its 10-year median of 9.42. Over the past 10 years, this metric has ranged from a low of 4.83 to a high of 26.03. The Oil & Gas industry median Quick Ratio is 1.11. Gagan Gases' value of 21.79 is 1863.1% above this industry median. Based on the distribution chart, Gagan Gases ranks #31 out of 1012 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Gagan Gases has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gagan Gases' Quick Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Gagan Gases ranks #31 out of 1012 companies for Quick Ratio. This places Gagan Gases in the top 3% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. Gagan Gases' value of 21.79 is 1863.1% above this benchmark. Historically, Gagan Gases' own Quick Ratio has ranged from 4.83 to 26.03 over the past decade. While the company's 10-year median is 9.42 vs. the industry median of 1.11, Gagan Gases 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 Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.11, based on 1,012 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. Gagan Gases's current Quick Ratio of 21.79 is 1863.1% 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 Gagan Gases and its competitors. For the Oil & Gas 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. Gagan Gases's current Quick Ratio is 21.79, which is 131% above median its own 10-year median of 9.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gagan Gases stock overvalued right now?
Based on GuruFocus' analysis, Gagan Gases (BOM:524624) is currently considered Possible Value Trap. The stock's GF Value™ is ₹37.35, compared to a current price of ₹19.87 — trading 46.8% below its estimated fair value. The current Quick Ratio is 21.79, which is 131% above median its 10-year median of 9.42 and 1863.1% above the Oil & Gas industry median of 1.11. Gagan Gases' overall GF Score™ is 78/100 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 Gagan Gases (BOM:524624), the current Quick Ratio is 21.79 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 Gagan Gases (BOM:524624) Overvalued in 2026?
Based on GuruFocus' analysis, Gagan Gases stock appears to be undervalued.
The current stock price of ₹19.87 is trading 46.8% below its estimated GF Value™ of ₹37.35.
GuruFocus considers Gagan Gases to be Possible Value Trap.
Key valuation signals for BOM:524624:
Quick Ratio: 21.79 (131% above median its 10-year median of 9.42)
GF Value™: ₹37.35 vs. price of ₹19.87 (46.8% below fair value)
Industry Position: 1863.1% above the Oil & Gas median (#31 of 1012)
No single metric tells the full story. See the BOM:524624 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gagan Gases Ltd is an India-based company engaged in the distribution of LPG in the private sector and operates a LPG bottling plant at Pithampur. It is also engaged in providing LPG bottling assistance to other companies.
78GF Score
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