Riwind Green Energy (BOM:532217) Quick Ratio: 0.90 (As of Mar. 2026) — 131% Above Median

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BOM:532217 Riwind Green Energy Ltd BOM:532217
28 GF Score
Price ₹17.27
! 2 Warning Signs
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What is Riwind Green Energy Quick Ratio?

Riwind Green Energy BOM:532217 -0.80% 28 Quick Ratio is 0.90 as of Mar. 2026, which is 131% above its 10-year median of 0.39. GuruFocus rates BOM:532217 with a GF Score™ of 28/100. The stock has 2 warning signs investors should review. Among 46 Banks companies, Riwind Green Energy ranks worse than 80.43% 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. Riwind Green Energy's quick ratio for the quarter that ended in Mar. 2026 was 0.90.

Riwind Green Energy has a quick ratio of 0.90. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Riwind Green Energy's Quick Ratio or its related term are showing as below:

BOM:532217' s Quick Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.39   Max: 0.9
Current: 0.9

During the past 13 years, Riwind Green Energy's highest Quick Ratio was 0.90. The lowest was 0.01. And the median was 0.39.

BOM:532217's Quick Ratio is ranked worse than
80.43% of 46 companies
in the Banks industry
Industry Median: 1.695 vs BOM:532217: 0.90

Riwind Green Energy  (BOM:532217) 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.


Riwind Green Energy Quick Ratio Related Terms


Riwind Green Energy Quick Ratio Historical Data

* Premium members only.

The historical data trend for Riwind Green Energy'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.

Riwind Green Energy Quick Ratio Chart

Riwind Green Energy 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 0.56 0.01 0.01 0.01 0.90

Riwind Green Energy 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 0.01 0.00 0.57 0.00 0.90

BOM:532217 vs RKT, FNMA, PFSI: Quick Ratio Comparison

For the Mortgage Finance subindustry, Riwind Green Energy'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.


Riwind Green Energy Quick Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Riwind Green Energy's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Riwind Green Energy's Quick Ratio falls into.


BOM:532217
28GF Score
Riwind Green Energy Ltd BOM:532217
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Riwind Green Energy 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.

Riwind Green Energy'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
=(13.546-0)/15.002
=0.90

Riwind Green Energy'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
=(13.546-0)/15.002
=0.90

* 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 0.90 mean?
Riwind Green Energy (BOM:532217) has a Quick Ratio of 0.90 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Riwind Green Energy and its competitors. This is 131% above median its historical median of 0.39. Over the past decade, Riwind Green Energy's Quick Ratio has ranged from 0.01 to 0.90. According to the industry distribution chart, Riwind Green Energy ranks #37 out of 46 companies in the Banks industry, placing it in the top 80.4%.
Is Riwind Green Energy's Quick Ratio too high?
Riwind Green Energy's current Quick Ratio of 0.90 is 131% above median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.90. The Banks industry median Quick Ratio is 1.70. Riwind Green Energy's value of 0.90 is 46.9% below this industry median. Based on the distribution chart, Riwind Green Energy ranks #37 out of 46 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Riwind Green Energy has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Riwind Green Energy's Quick Ratio compare to RKT and FNMA?
According to the Banks industry distribution chart, Riwind Green Energy ranks #37 out of 46 companies for Quick Ratio. This places Riwind Green Energy in the lower half of its industry. The industry median Quick Ratio is 1.70. Riwind Green Energy's value of 0.90 is 46.9% below this benchmark. Historically, Riwind Green Energy's own Quick Ratio has ranged from 0.01 to 0.90 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 1.70, Riwind Green Energy 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 Banks company?
The median Quick Ratio among Banks companies is 1.70, based on 46 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. Riwind Green Energy's current Quick Ratio of 0.90 is 46.9% 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 Riwind Green Energy and its competitors. For the Banks industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riwind Green Energy's current Quick Ratio is 0.90, which is 131% above median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riwind Green Energy stock overvalued right now?
Riwind Green Energy (BOM:532217) has a current Quick Ratio of 0.90. The current Quick Ratio is 0.90, which is 131% above median its 10-year median of 0.39 and 46.9% below the Banks industry median of 1.70. Riwind Green Energy's overall GF Score™ is 28/100 with 2 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 Riwind Green Energy (BOM:532217), the current Quick Ratio is 0.90 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.

Riwind Green Energy Business Description

Address 12-B, Ratlam Kothi, Soni Mansion, 4th Floor, Indore, MP, IND, 452001
Riwind Green Energy Ltd, formerly known as CMX Holdings Ltd, is involved in leasing, advancing loans/lCDs, making investments, bill discounting, and other financial activities. Currently, the company is not conducting any business operations.
28GF Score

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