Premco GlobalBOM:530331 +1.49%61 Quick Ratio is 3.29 as of Mar. 2026, which is 9% above its 10-year median of 3.02. GuruFocus rates BOM:530331 with a GF Score™ of 61/100 and a GF Value™ of ₹401.35 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,065 Manufacturing - Apparel & Accessories companies, Premco Global ranks better than 87.23% 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. Premco Global's quick ratio for the quarter that ended in Mar. 2026 was 3.29.
Premco Global has a quick ratio of 3.29. It generally indicates good short-term financial strength.
The historical rank and industry rank for Premco Global's Quick Ratio or its related term are showing as below:
BOM:530331'
s Quick Ratio Range Over the Past 10 Years
Min: 1.07 Med: 3.02 Max: 4.69
Current: 3.29
During the past 13 years, Premco Global's highest Quick Ratio was 4.69. The lowest was 1.07. And the median was 3.02.
BOM:530331's Quick Ratio is ranked better than 87.23% of 1065
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11
vs BOM:530331: 3.29
Premco Global (BOM:530331) 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.
Premco Global Quick Ratio Related Terms
Premco Global Quick Ratio Historical Data
* Premium members only.
The historical data trend for Premco Global'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.
For the Textile Manufacturing subindustry, Premco Global'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.
Premco Global Quick Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Premco Global's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Premco Global'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.
Premco Global'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.
Premco Global (BOM:530331) has a Quick Ratio of 3.29 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Premco Global and its competitors. This is near median its historical median of 3.02. Over the past decade, Premco Global's Quick Ratio has ranged from 1.07 to 4.69. According to the industry distribution chart, Premco Global ranks #136 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.8%.
Is Premco Global's Quick Ratio too high?
Premco Global's current Quick Ratio of 3.29 is near median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 4.69. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Premco Global's value of 3.29 is 196.4% above this industry median. Based on the distribution chart, Premco Global ranks #136 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Premco Global has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Premco Global's Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Premco Global ranks #136 out of 1065 companies for Quick Ratio. This places Premco Global in the top 13% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. Premco Global's value of 3.29 is 196.4% above this benchmark. Historically, Premco Global's own Quick Ratio has ranged from 1.07 to 4.69 over the past decade. While the company's 10-year median is 3.02 vs. the industry median of 1.11, Premco Global 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,065 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. Premco Global's current Quick Ratio of 3.29 is 196.4% 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 Premco Global 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. Premco Global's current Quick Ratio is 3.29, which is near median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premco Global stock overvalued right now?
Based on GuruFocus' analysis, Premco Global (BOM:530331) is currently considered Fairly Valued. The stock's GF Value™ is ₹401.35, compared to a current price of ₹365.35 — trading 9% below its estimated fair value. The current Quick Ratio is 3.29, which is near median its 10-year median of 3.02 and 196.4% above the Manufacturing - Apparel & Accessories industry median of 1.11. Premco Global's overall GF Score™ is 61/100 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 Premco Global (BOM:530331), the current Quick Ratio is 3.29 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 Premco Global (BOM:530331) Overvalued in 2026?
Based on GuruFocus' analysis, Premco Global stock appears to be undervalued.
The current stock price of ₹365.35 is trading 9% below its estimated GF Value™ of ₹401.35.
GuruFocus considers Premco Global to be Fairly Valued.
Key valuation signals for BOM:530331:
Quick Ratio: 3.29 (near median its 10-year median of 3.02)
GF Value™: ₹401.35 vs. price of ₹365.35 (9% below fair value)
Industry Position: 196.4% above the Manufacturing - Apparel & Accessories median (#136 of 1065)
No single metric tells the full story. See the BOM:530331 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Premco Global Ltd is a company that is engaged in manufacturing woven and knitted elastic tapes, and other activities. Its product portfolio includes Name tapes and plain tapes; Buttonholes, rigid tapes and medical tapes and Panty and shoulder elastics. Geographically, it derives a majority of revenue from India.
61GF Score
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