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Hit Kit Global Solutions (BOM:532359) 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.
Hit Kit Global Solutions Quick Ratio Related Terms
Hit Kit Global Solutions 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.
For the Grocery Stores subindustry, Hit Kit Global Solutions'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.
Hit Kit Global Solutions Quick Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Hit Kit Global Solutions's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Hit Kit Global Solutions'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.
Hit Kit Global Solutions'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.
Hit Kit Global Solutions (BOM:532359) has a Quick Ratio of 0.00 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hit Kit Global Solutions and its competitors. Over the past decade, Hit Kit Global Solutions' Quick Ratio has ranged from 0.05 to 45.53. According to the industry distribution chart, Hit Kit Global Solutions ranks #47 out of 310 companies in the Retail - Defensive industry, placing it in the top 15.2%.
Is Hit Kit Global Solutions' Quick Ratio too high?
Hit Kit Global Solutions' current Quick Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 45.53. Based on the distribution chart, Hit Kit Global Solutions ranks #47 out of 310 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Hit Kit Global Solutions has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hit Kit Global Solutions' Quick Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Hit Kit Global Solutions ranks #47 out of 310 companies for Quick Ratio. This places Hit Kit Global Solutions in the top 15% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.86. Historically, Hit Kit Global Solutions' own Quick Ratio has ranged from 0.05 to 45.53 over the past decade. 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 Retail - Defensive company?
The median Quick Ratio among Retail - Defensive companies is 0.86, based on 310 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. 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 Hit Kit Global Solutions and its competitors. For the Retail - Defensive industry, the median Quick Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hit Kit Global Solutions's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hit Kit Global Solutions stock overvalued right now?
Based on GuruFocus' analysis, Hit Kit Global Solutions (BOM:532359) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2.88, compared to a current price of ₹2.27 — trading 21.2% below its estimated fair value. The current Quick Ratio is 0.00. Hit Kit Global Solutions' overall GF Score™ is 72/100 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 Hit Kit Global Solutions (BOM:532359), the current Quick Ratio is 0.00 as of Jun. 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 Hit Kit Global Solutions (BOM:532359) Overvalued in 2026?
Based on GuruFocus' analysis, Hit Kit Global Solutions stock appears to be undervalued.
The current stock price of ₹2.27 is trading 21.2% below its estimated GF Value™ of ₹2.88.
GuruFocus considers Hit Kit Global Solutions to be Modestly Undervalued.
Key valuation signals for BOM:532359:
Quick Ratio: 0.00
GF Value™: ₹2.88 vs. price of ₹2.27 (21.2% below fair value)
No single metric tells the full story. See the BOM:532359 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hit Kit Global Solutions Ltd is an Indian-based company that engages in the retail trading of vegetables in the market that comes directly from the Farm. It operates in two segments: Retail of Agro Produce, and Resort & Property Development.
72GF Score
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