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Goyal AssociatesBOM:530663 32 Quick Ratio is 20.93 as of Mar. 2026, which is 125% above its 10-year median of 9.32. GuruFocus rates BOM:530663 with a GF Score™ of 32/100 and a GF Value™ of ₹0.43 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 400 Credit Services companies, Goyal Associates ranks better than 68.5% 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. Goyal Associates's quick ratio for the quarter that ended in Mar. 2026 was 20.93.
Goyal Associates has a quick ratio of 20.93. It generally indicates good short-term financial strength.
The historical rank and industry rank for Goyal Associates's Quick Ratio or its related term are showing as below:
BOM:530663'
s Quick Ratio Range Over the Past 10 Years
Min: 1.42 Med: 9.32 Max: 226.42
Current: 20.93
During the past 13 years, Goyal Associates's highest Quick Ratio was 226.42. The lowest was 1.42. And the median was 9.32.
BOM:530663's Quick Ratio is ranked better than 68.5% of 400
companies
in the Credit Services industry
Industry Median: 3.525
vs BOM:530663: 20.93
Goyal Associates (BOM:530663) 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.
Goyal Associates Quick Ratio Related Terms
Goyal Associates Quick Ratio Historical Data
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The historical data trend for Goyal Associates'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 Credit Services subindustry, Goyal Associates'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.
Goyal Associates Quick Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Goyal Associates's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Goyal Associates'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.
Goyal Associates'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.
Goyal Associates (BOM:530663) has a Quick Ratio of 20.93 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Goyal Associates and its competitors. This is 125% above median its historical median of 9.32. Over the past decade, Goyal Associates' Quick Ratio has ranged from 1.42 to 226.42. According to the industry distribution chart, Goyal Associates ranks #126 out of 400 companies in the Credit Services industry, placing it in the top 31.5%.
Is Goyal Associates' Quick Ratio too high?
Goyal Associates' current Quick Ratio of 20.93 is 125% above median its 10-year median of 9.32. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 226.42. The Credit Services industry median Quick Ratio is 3.53. Goyal Associates' value of 20.93 is 493.8% above this industry median. Based on the distribution chart, Goyal Associates ranks #126 out of 400 companies in the Credit Services industry, which is above the industry midpoint. Overall, Goyal Associates has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goyal Associates' Quick Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Goyal Associates ranks #126 out of 400 companies for Quick Ratio. This puts Goyal Associates in the upper half of its industry. The industry median Quick Ratio is 3.53. Goyal Associates' value of 20.93 is 493.8% above this benchmark. Historically, Goyal Associates' own Quick Ratio has ranged from 1.42 to 226.42 over the past decade. While the company's 10-year median is 9.32 vs. the industry median of 3.53, Goyal Associates 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 Credit Services company?
The median Quick Ratio among Credit Services companies is 3.53, based on 400 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. Goyal Associates's current Quick Ratio of 20.93 is 493.8% 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 Goyal Associates and its competitors. For the Credit Services industry, the median Quick Ratio is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goyal Associates's current Quick Ratio is 20.93, which is 125% above median its own 10-year median of 9.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goyal Associates stock overvalued right now?
Based on GuruFocus' analysis, Goyal Associates (BOM:530663) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.43, compared to a current price of ₹1.07 — trading 148.8% above its estimated fair value. The current Quick Ratio is 20.93, which is 125% above median its 10-year median of 9.32 and 493.8% above the Credit Services industry median of 3.53. Goyal Associates' overall GF Score™ is 32/100 with 7 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 Goyal Associates (BOM:530663), the current Quick Ratio is 20.93 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 Goyal Associates (BOM:530663) Overvalued in 2026?
Based on GuruFocus' analysis, Goyal Associates stock appears to be overvalued.
The current stock price of ₹1.07 is trading 148.8% above its estimated GF Value™ of ₹0.43.
GuruFocus considers Goyal Associates to be Significantly Overvalued.
Key valuation signals for BOM:530663:
Quick Ratio: 20.93 (125% above median its 10-year median of 9.32)
GF Value™: ₹0.43 vs. price of ₹1.07 (148.8% above fair value)
Industry Position: 493.8% above the Credit Services median (#126 of 400)
No single metric tells the full story. See the BOM:530663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goyal Associates Ltd is an India-based non-banking financial company. The company is classified as a non-deposit-taking company and is engaged mainly in Investment, financing activities, and other related services. The company generates its revenue from its operations. Geographically, it operates in India.
32GF Score
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