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Advance SyntexBOM:539982 31 Quick Ratio is 0.54 as of Mar. 2026, which is 32% below its 10-year median of 0.79. GuruFocus rates BOM:539982 with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 1,606 Chemicals companies, Advance Syntex ranks worse than 89.6% 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. Advance Syntex's quick ratio for the quarter that ended in Mar. 2026 was 0.54.
Advance Syntex has a quick ratio of 0.54. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Advance Syntex's Quick Ratio or its related term are showing as below:
BOM:539982'
s Quick Ratio Range Over the Past 10 Years
Min: 0.54 Med: 0.79 Max: 1.02
Current: 0.54
During the past 13 years, Advance Syntex's highest Quick Ratio was 1.02. The lowest was 0.54. And the median was 0.79.
BOM:539982's Quick Ratio is ranked worse than 89.6% of 1606
companies
in the Chemicals industry
Industry Median: 1.38
vs BOM:539982: 0.54
Advance Syntex (BOM:539982) 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.
Advance Syntex Quick Ratio Related Terms
Advance Syntex Quick Ratio Historical Data
* Premium members only.
The historical data trend for Advance Syntex'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.
BOM:539982 vs LIN, SHW, ECL: Quick Ratio Comparison
For the Specialty Chemicals subindustry, Advance Syntex'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.
Advance Syntex Quick Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Advance Syntex's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Advance Syntex'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.
Advance Syntex'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.
Advance Syntex (BOM:539982) has a Quick Ratio of 0.54 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Advance Syntex and its competitors. This is 32% below median its historical median of 0.79. Over the past decade, Advance Syntex's Quick Ratio has ranged from 0.54 to 1.02. According to the industry distribution chart, Advance Syntex ranks #1439 out of 1606 companies in the Chemicals industry, placing it in the top 89.6%.
Is Advance Syntex's Quick Ratio too high?
Advance Syntex's current Quick Ratio of 0.54 is 32% below median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.02. The Chemicals industry median Quick Ratio is 1.38. Advance Syntex's value of 0.54 is 60.9% below this industry median. Based on the distribution chart, Advance Syntex ranks #1439 out of 1606 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Advance Syntex has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Advance Syntex's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Advance Syntex ranks #1439 out of 1606 companies for Quick Ratio. This places Advance Syntex in the lower half of its industry. The industry median Quick Ratio is 1.38. Advance Syntex's value of 0.54 is 60.9% below this benchmark. Historically, Advance Syntex's own Quick Ratio has ranged from 0.54 to 1.02 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.38, Advance Syntex 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 Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,606 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. Advance Syntex's current Quick Ratio of 0.54 is 60.9% 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 Advance Syntex and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advance Syntex's current Quick Ratio is 0.54, which is 32% below median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Syntex stock overvalued right now?
Advance Syntex (BOM:539982) has a current Quick Ratio of 0.54. The current Quick Ratio is 0.54, which is 32% below median its 10-year median of 0.79 and 60.9% below the Chemicals industry median of 1.38. Advance Syntex's overall GF Score™ is 31/100 with 1 warning sign 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 Advance Syntex (BOM:539982), the current Quick Ratio is 0.54 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.
Advance Syntex Ltd is an India-based manufacturer of other made-up textile goods except for apparel. The company manufactures and exports metallic yarn, lacquer-coated aluminum metalized polyester film, glitter powder, and other allied products. The company's product line includes metalized polyester films, metalized and coated film for metallic yarn, polyester tape films, and coated polyester films; glitter powder for textiles, decorative and clear polyester glitters, and others.
31GF Score
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