Ghushine Fintrrade Ocean (BOM:539864) Quick Ratio: 2.21 (As of Mar. 2026) — 96% Below Median

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BOM:539864 Ghushine Fintrrade Ocean Ltd BOM:539864
46 GF Score
Price ₹21.50
! 5 Warning Signs
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What is Ghushine Fintrrade Ocean Quick Ratio?

Ghushine Fintrrade Ocean BOM:539864 46 Quick Ratio is 2.21 as of Mar. 2026, which is 96% below its 10-year median of 60.52. GuruFocus rates BOM:539864 with a GF Score™ of 46/100. The stock has 5 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Ghushine Fintrrade Ocean ranks better than 77.92% 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. Ghushine Fintrrade Ocean's quick ratio for the quarter that ended in Mar. 2026 was 2.21.

Ghushine Fintrrade Ocean has a quick ratio of 2.21. It generally indicates good short-term financial strength.

The historical rank and industry rank for Ghushine Fintrrade Ocean's Quick Ratio or its related term are showing as below:

BOM:539864' s Quick Ratio Range Over the Past 10 Years
Min: 1.56   Med: 60.52   Max: 929.65
Current: 2.21

During the past 13 years, Ghushine Fintrrade Ocean's highest Quick Ratio was 929.65. The lowest was 1.56. And the median was 60.52.

BOM:539864's Quick Ratio is ranked better than
77.92% of 1069 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11 vs BOM:539864: 2.21

Ghushine Fintrrade Ocean  (BOM:539864) 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.


Ghushine Fintrrade Ocean Quick Ratio Related Terms


Ghushine Fintrrade Ocean Quick Ratio Historical Data

* Premium members only.

The historical data trend for Ghushine Fintrrade Ocean'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.

Ghushine Fintrrade Ocean Quick Ratio Chart

Ghushine Fintrrade Ocean 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 617.88 528.07 929.65 125.49 2.21

Ghushine Fintrrade Ocean Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 929.65 3.69 125.49 2.36 2.21

Ghushine Fintrrade Ocean Quick Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Ghushine Fintrrade Ocean'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.


Ghushine Fintrrade Ocean Quick Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ghushine Fintrrade Ocean's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Ghushine Fintrrade Ocean's Quick Ratio falls into.


BOM:539864
46GF Score
Ghushine Fintrrade Ocean Ltd BOM:539864
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ghushine Fintrrade Ocean 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.

Ghushine Fintrrade Ocean'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
=(38.366-1.44)/16.674
=2.21

Ghushine Fintrrade Ocean'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
=(38.366-1.44)/16.674
=2.21

* 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 2.21 mean?
Ghushine Fintrrade Ocean (BOM:539864) has a Quick Ratio of 2.21 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ghushine Fintrrade Ocean and its competitors. This is 96% below median its historical median of 60.52. Over the past decade, Ghushine Fintrrade Ocean's Quick Ratio has ranged from 1.56 to 929.65. According to the industry distribution chart, Ghushine Fintrrade Ocean ranks #236 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.1%.
Is Ghushine Fintrrade Ocean's Quick Ratio too high?
Ghushine Fintrrade Ocean's current Quick Ratio of 2.21 is 96% below median its 10-year median of 60.52. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 929.65. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Ghushine Fintrrade Ocean's value of 2.21 is 99.1% above this industry median. Based on the distribution chart, Ghushine Fintrrade Ocean ranks #236 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Ghushine Fintrrade Ocean has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Ghushine Fintrrade Ocean's Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ghushine Fintrrade Ocean ranks #236 out of 1069 companies for Quick Ratio. This places Ghushine Fintrrade Ocean in the top 22% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. Ghushine Fintrrade Ocean's value of 2.21 is 99.1% above this benchmark. Historically, Ghushine Fintrrade Ocean's own Quick Ratio has ranged from 1.56 to 929.65 over the past decade. While the company's 10-year median is 60.52 vs. the industry median of 1.11, Ghushine Fintrrade Ocean 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,069 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. Ghushine Fintrrade Ocean's current Quick Ratio of 2.21 is 99.1% 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 Ghushine Fintrrade Ocean and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghushine Fintrrade Ocean's current Quick Ratio is 2.21, which is 96% below median its own 10-year median of 60.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghushine Fintrrade Ocean stock overvalued right now?
Ghushine Fintrrade Ocean (BOM:539864) has a current Quick Ratio of 2.21. The current Quick Ratio is 2.21, which is 96% below median its 10-year median of 60.52 and 99.1% above the Manufacturing - Apparel & Accessories industry median of 1.11. Ghushine Fintrrade Ocean's overall GF Score™ is 46/100 with 5 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 Ghushine Fintrrade Ocean (BOM:539864), the current Quick Ratio is 2.21 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.

Ghushine Fintrrade Ocean Business Description

Address Aagam Cross Road, VeshuAbhava Road, Ground floor 27, AC Market, Opposite Star Galaxy, Near Shrunagar Residency, Surat, GJ, IND, 395007
Ghushine Fintrrade Ocean Ltd is an India-based company engaged in the textile business. The principal activities of the company are to carry out the business of dealing in Art Silk Cloth, Embroidery Job Work & manufacturing of knitted fabrics, and cut & polished diamonds.
46GF Score

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