Ranjit Securities (BOM:531572) Quick Ratio: 45.46 (As of Mar. 2026) — 1116% Above Median

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BOM:531572 Ranjit Securities Ltd BOM:531572
25 GF Score
Price ₹64.50
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What is Ranjit Securities Quick Ratio?

Ranjit Securities BOM:531572 +1.10% 25 Quick Ratio is 45.46 as of Mar. 2026, which is 1116% above its 10-year median of 3.74. GuruFocus rates BOM:531572 with a GF Score™ of 25/100. Among 399 Credit Services companies, Ranjit Securities ranks better than 73.68% 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. Ranjit Securities's quick ratio for the quarter that ended in Mar. 2026 was 45.46.

Ranjit Securities has a quick ratio of 45.46. It generally indicates good short-term financial strength.

The historical rank and industry rank for Ranjit Securities's Quick Ratio or its related term are showing as below:

BOM:531572' s Quick Ratio Range Over the Past 10 Years
Min: 1.05   Med: 3.74   Max: 45.46
Current: 45.46

During the past 13 years, Ranjit Securities's highest Quick Ratio was 45.46. The lowest was 1.05. And the median was 3.74.

BOM:531572's Quick Ratio is ranked better than
73.68% of 399 companies
in the Credit Services industry
Industry Median: 3.72 vs BOM:531572: 45.46

Ranjit Securities  (BOM:531572) 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.


Ranjit Securities Quick Ratio Related Terms


Ranjit Securities Quick Ratio Historical Data

* Premium members only.

The historical data trend for Ranjit Securities'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.

Ranjit Securities Quick Ratio Chart

Ranjit Securities Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.88 19.41 24.98 4.85 45.46

Ranjit Securities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.85 0.00 9.70 0.00 45.46

BOM:531572 vs V, MA, AXP: Quick Ratio Comparison

For the Credit Services subindustry, Ranjit Securities'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.


Ranjit Securities Quick Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Ranjit Securities's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Ranjit Securities's Quick Ratio falls into.


BOM:531572
25GF Score
Ranjit Securities Ltd BOM:531572
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ranjit Securities 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.

Ranjit Securities's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(59.377-0)/1.306
=45.46

Ranjit Securities's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(59.377-0)/1.306
=45.46

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 45.46 mean?
Ranjit Securities (BOM:531572) has a Quick Ratio of 45.46 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ranjit Securities and its competitors. This is 1116% above median its historical median of 3.74. Over the past decade, Ranjit Securities' Quick Ratio has ranged from 1.05 to 45.46. According to the industry distribution chart, Ranjit Securities ranks #105 out of 399 companies in the Credit Services industry, placing it in the top 26.3%.
Is Ranjit Securities' Quick Ratio too high?
Ranjit Securities' current Quick Ratio of 45.46 is 1116% above median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 45.46. The Credit Services industry median Quick Ratio is 3.72. Ranjit Securities' value of 45.46 is 1122% above this industry median. Based on the distribution chart, Ranjit Securities ranks #105 out of 399 companies in the Credit Services industry, which is above the industry midpoint. Overall, Ranjit Securities has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Ranjit Securities' Quick Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Ranjit Securities ranks #105 out of 399 companies for Quick Ratio. This puts Ranjit Securities in the upper half of its industry. The industry median Quick Ratio is 3.72. Ranjit Securities' value of 45.46 is 1122% above this benchmark. Historically, Ranjit Securities' own Quick Ratio has ranged from 1.05 to 45.46 over the past decade. While the company's 10-year median is 3.74 vs. the industry median of 3.72, Ranjit Securities 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 3.72, based on 399 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. Ranjit Securities's current Quick Ratio of 45.46 is 1122% 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 Ranjit Securities and its competitors. For the Credit Services industry, the median Quick Ratio is 3.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ranjit Securities's current Quick Ratio is 45.46, which is 1116% above median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ranjit Securities stock overvalued right now?
Ranjit Securities (BOM:531572) has a current Quick Ratio of 45.46. The current Quick Ratio is 45.46, which is 1116% above median its 10-year median of 3.74 and 1122% above the Credit Services industry median of 3.72. Ranjit Securities' overall GF Score™ is 25/100. 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 Ranjit Securities (BOM:531572), the current Quick Ratio is 45.46 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.

Ranjit Securities Business Description

Address 317-318 Transport Nagar, Scheme No. 44, Indore, MP, IND, 452014
Ranjit Securities Ltd is an India-based company. It is a non-banking financial company. It is in the business of financial services like hire purchase, micro-financing, personal loans, business loans, and mortgage loans. It receives maximum revenue in the form of interest. It operates only in India. The company's operations are in a single segment: Finance Activities.
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