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Rishabh Digha Steel and Allied Products has a quick ratio of 0.03. It indicates that the company cannot currently fully pay back its current liabilities.
BOM:531539's Quick Ratio is ranked worse than 99.53% of 634
companies
in the Steel industry
Industry Median: 1.02
vs BOM:531539: 0.03
Rishabh Digha Steel and Allied Products (BOM:531539) 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.
Rishabh Digha Steel and Allied Products Quick Ratio Related Terms
Rishabh Digha Steel and Allied Products 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.
Rishabh Digha Steel and Allied Products Quick Ratio Chart
Rishabh Digha Steel and Allied Products Annual Data
BOM:531539 vs NUE, STLD, RS: Quick Ratio Comparison
For the Steel subindustry, Rishabh Digha Steel and Allied Products'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.
Rishabh Digha Steel and Allied Products Quick Ratio vs Steel Industry
Rishabh Digha Steel and Allied Products 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.
Rishabh Digha Steel and Allied Products (BOM:531539) has a Quick Ratio of 0.03 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Rishabh Digha Steel and Allied Products and its competitors. This is 99% below median its historical median of 3.06. Over the past decade, Rishabh Digha Steel and Allied Products' Quick Ratio has ranged from 0.03 to 15.32. According to the industry distribution chart, Rishabh Digha Steel and Allied Products ranks #631 out of 634 companies in the Steel industry, placing it in the top 99.5%.
Is Rishabh Digha Steel and Allied Products' Quick Ratio too high?
Rishabh Digha Steel and Allied Products' current Quick Ratio of 0.03 is 99% below median its 10-year median of 3.06. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 15.32. The Steel industry median Quick Ratio is 1.02. Rishabh Digha Steel and Allied Products' value of 0.03 is 97.1% below this industry median. Based on the distribution chart, Rishabh Digha Steel and Allied Products ranks #631 out of 634 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Rishabh Digha Steel and Allied Products has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Rishabh Digha Steel and Allied Products' Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Rishabh Digha Steel and Allied Products ranks #631 out of 634 companies for Quick Ratio. This places Rishabh Digha Steel and Allied Products in the lower half of its industry. The industry median Quick Ratio is 1.02. Rishabh Digha Steel and Allied Products' value of 0.03 is 97.1% below this benchmark. Historically, Rishabh Digha Steel and Allied Products' own Quick Ratio has ranged from 0.03 to 15.32 over the past decade. While the company's 10-year median is 3.06 vs. the industry median of 1.02, Rishabh Digha Steel and Allied Products 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 Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 634 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. Rishabh Digha Steel and Allied Products's current Quick Ratio of 0.03 is 97.1% 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 Rishabh Digha Steel and Allied Products and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rishabh Digha Steel and Allied Products's current Quick Ratio is 0.03, which is 99% below median its own 10-year median of 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rishabh Digha Steel and Allied Products stock overvalued right now?
Rishabh Digha Steel and Allied Products (BOM:531539) has a current Quick Ratio of 0.03. The current Quick Ratio is 0.03, which is 99% below median its 10-year median of 3.06 and 97.1% below the Steel industry median of 1.02. Rishabh Digha Steel and Allied Products' overall GF Score™ is 30/100. 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 Rishabh Digha Steel and Allied Products (BOM:531539), the current Quick Ratio is 0.03 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.
Rishabh Digha Steel and Allied Products Business Description
Rishabh Digha Steel and Allied Products Ltd is an Indian company engaged in the business of manufacturing iron and steel products. The company is involved in the straightening, de-coiling, and cutting of iron and steel coils.
30GF Score
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