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Nexus Surgical and Medicare (BOM:538874) 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.
Nexus Surgical and Medicare Quick Ratio Related Terms
Nexus Surgical and Medicare 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.
BOM:538874 vs MCK, COR, CAH: Quick Ratio Comparison
For the Medical Distribution subindustry, Nexus Surgical and Medicare'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.
Nexus Surgical and Medicare Quick Ratio vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Nexus Surgical and Medicare's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Nexus Surgical and Medicare's Quick Ratio falls into.
Nexus Surgical and Medicare 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.
Nexus Surgical and Medicare (BOM:538874) 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 Nexus Surgical and Medicare and its competitors. Over the past decade, Nexus Surgical and Medicare's Quick Ratio has ranged from 0.22 to 2.15. According to the industry distribution chart, Nexus Surgical and Medicare ranks #27 out of 124 companies in the Medical Distribution industry, placing it in the top 21.8%.
Is Nexus Surgical and Medicare's Quick Ratio too high?
Nexus Surgical and Medicare's current Quick Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 2.15. Based on the distribution chart, Nexus Surgical and Medicare ranks #27 out of 124 companies in the Medical Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Nexus Surgical and Medicare has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nexus Surgical and Medicare's Quick Ratio compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Nexus Surgical and Medicare ranks #27 out of 124 companies for Quick Ratio. This places Nexus Surgical and Medicare in the top 22% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.08. Historically, Nexus Surgical and Medicare's own Quick Ratio has ranged from 0.22 to 2.15 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 Medical Distribution company?
The median Quick Ratio among Medical Distribution companies is 1.08, based on 124 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 Nexus Surgical and Medicare and its competitors. For the Medical Distribution industry, the median Quick Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexus Surgical and Medicare'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 Nexus Surgical and Medicare stock overvalued right now?
Based on GuruFocus' analysis, Nexus Surgical and Medicare (BOM:538874) is currently considered Fairly Valued. The stock's GF Value™ is ₹30.81, compared to a current price of ₹33.46 — trading 8.6% above its estimated fair value. The current Quick Ratio is 0.00. Nexus Surgical and Medicare's overall GF Score™ is 81/100 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 Nexus Surgical and Medicare (BOM:538874), 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 Nexus Surgical and Medicare (BOM:538874) Overvalued in 2026?
Based on GuruFocus' analysis, Nexus Surgical and Medicare stock appears to be overvalued.
The current stock price of ₹33.46 is trading 8.6% above its estimated GF Value™ of ₹30.81.
GuruFocus considers Nexus Surgical and Medicare to be Fairly Valued.
Key valuation signals for BOM:538874:
Quick Ratio: 0.00
GF Value™: ₹30.81 vs. price of ₹33.46 (8.6% above fair value)
No single metric tells the full story. See the BOM:538874 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nexus Surgical and Medicare Ltd is involved in Importing and Marketing Quality Surgical and Pharmaceutical Products at an Economical Price. The Company is a wholesale dealer dealing in various sizes of disposal syringes (with and without needles) and pouches of various sizes used for the storage of sterilized equipment and materials. It operates in the segment of trading activities.
81GF Score
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