Thyrocare Technologies (BOM:539871) Quick Ratio: 0.00 (As of Jun. 2026)

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BOM:539871 Thyrocare Technologies Ltd BOM:539871
87 GF Score
Price ₹599.95
GF Value ₹416.05
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Thyrocare Technologies Quick Ratio?

Thyrocare Technologies BOM:539871 -0.74% 87 Quick Ratio is 0.00 as of Jun. 2026. GuruFocus rates BOM:539871 with a GF Score™ of 87/100 and a GF Value™ of ₹416.05 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 212 Medical Diagnostics & Research companies, Thyrocare Technologies ranks better than 71.23% 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. Thyrocare Technologies's quick ratio for the quarter that ended in Jun. 2026 was 0.00.

Thyrocare Technologies has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

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

BOM:539871' s Quick Ratio Range Over the Past 10 Years
Min: 1.61   Med: 3.11   Max: 7.66
Current: 2.95

During the past 13 years, Thyrocare Technologies's highest Quick Ratio was 7.66. The lowest was 1.61. And the median was 3.11.

BOM:539871's Quick Ratio is ranked better than
71.23% of 212 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.755 vs BOM:539871: 2.95

Thyrocare Technologies  (BOM:539871) 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.


Thyrocare Technologies Quick Ratio Related Terms


Thyrocare Technologies Quick Ratio Historical Data

* Premium members only.

The historical data trend for Thyrocare Technologies'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.

Thyrocare Technologies Quick Ratio Chart

Thyrocare Technologies 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 3.80 3.18 2.55 2.39 2.95

Thyrocare Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 2.34 0.00 2.95 0.00

BOM:539871 vs TMO, DHR, IDXX: Quick Ratio Comparison

For the Diagnostics & Research subindustry, Thyrocare Technologies'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.


Thyrocare Technologies Quick Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Thyrocare Technologies's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Thyrocare Technologies's Quick Ratio falls into.


BOM:539871
87GF Score
Thyrocare Technologies Ltd BOM:539871
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thyrocare Technologies 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.

Thyrocare Technologies'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
=(3722.9-484.6)/1099.1
=2.95

Thyrocare Technologies's Quick Ratio for the quarter that ended in Jun. 2026 is calculated as

Quick Ratio (Q: Jun. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/0
=

* 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 0.00 mean?
Thyrocare Technologies (BOM:539871) 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 Thyrocare Technologies and its competitors. Over the past decade, Thyrocare Technologies' Quick Ratio has ranged from 1.61 to 7.66. According to the industry distribution chart, Thyrocare Technologies ranks #61 out of 212 companies in the Medical Diagnostics & Research industry, placing it in the top 28.8%.
Is Thyrocare Technologies' Quick Ratio too high?
Thyrocare Technologies' current Quick Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 7.66. Based on the distribution chart, Thyrocare Technologies ranks #61 out of 212 companies in the Medical Diagnostics & Research industry, which is above the industry midpoint. Overall, Thyrocare Technologies has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thyrocare Technologies' Quick Ratio compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Thyrocare Technologies ranks #61 out of 212 companies for Quick Ratio. This puts Thyrocare Technologies in the upper half of its industry. The industry median Quick Ratio is 1.76. Historically, Thyrocare Technologies' own Quick Ratio has ranged from 1.61 to 7.66 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 Diagnostics & Research company?
The median Quick Ratio among Medical Diagnostics & Research companies is 1.76, based on 212 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 Thyrocare Technologies and its competitors. For the Medical Diagnostics & Research industry, the median Quick Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thyrocare Technologies'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 Thyrocare Technologies stock overvalued right now?
Based on GuruFocus' analysis, Thyrocare Technologies (BOM:539871) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹416.05, compared to a current price of ₹599.95 — trading 44.2% above its estimated fair value. The current Quick Ratio is 0.00. Thyrocare Technologies' overall GF Score™ is 87/100 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 Thyrocare Technologies (BOM:539871), 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 Thyrocare Technologies (BOM:539871) Overvalued in 2026?

Based on GuruFocus' analysis, Thyrocare Technologies stock appears to be overvalued. The current stock price of ₹599.95 is trading 44.2% above its estimated GF Value™ of ₹416.05. GuruFocus considers Thyrocare Technologies to be Significantly Overvalued.

Key valuation signals for BOM:539871:

  • Quick Ratio: 0.00
  • GF Value™: ₹416.05 vs. price of ₹599.95 (44.2% above fair value)
  • GF Score™: 87/100 with 5 warning signs

No single metric tells the full story. See the BOM:539871 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thyrocare Technologies Business Description

Other Exchanges THYROCARE:India
Address D-37/3, TTC Industrial Area, MIDC, Turbhe, Opposite Sandoz, Navi Mumbai, MH, IND, 400703
Thyrocare Technologies Ltd is a diagnostics & research company. The company has three business segments: Diagnostic Testing Services, Imaging Services, and Others: Sale of testing equipment and consumables. The Diagnostic Testing Services segment provides Diagnostic and testing services, selling of consumables used for the collection and promotion of the pathology segment. The company majorly earns the majority of its revenue from the Diagnostic Testing Services segment. The Imaging Services segment operates Diagnostic and imaging services, selling of radio-pharmaceuticals, and selling of consumables for reporting. The Other business segment is engaged in the selling of glucometers and glucostrips under the brand name Sugarscan. The company earns the vast majority of its revenue in India.
87GF Score

Get the complete analysis for BOM:539871

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹599.95
Price
₹416.05
GF Value