India Green Reality (BOM:540152) Quick Ratio: 0.36 (As of Sep. 2021)

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BOM:540152 India Green Reality Ltd BOM:540152
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What is India Green Reality Quick Ratio?

India Green Reality BOM:540152 4 Quick Ratio is 0.36 as of Sep. 2021. GuruFocus rates BOM:540152 with a GF Score™ of 4/100.

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. India Green Reality's quick ratio for the quarter that ended in Sep. 2021 was 0.36.

India Green Reality has a quick ratio of 0.36. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for India Green Reality's Quick Ratio or its related term are showing as below:

BOM:540152's Quick Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.84
* Ranked among companies with meaningful Quick Ratio only.

India Green Reality  (BOM:540152) 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.


India Green Reality Quick Ratio Related Terms


India Green Reality Quick Ratio Historical Data

* Premium members only.

The historical data trend for India Green Reality'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.

India Green Reality Quick Ratio Chart

India Green Reality Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Quick Ratio
Get a 7-Day Free Trial Premium Member Only 0.24 0.32 0.34 0.40 0.36

India Green Reality Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Sep21
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 0.40 0.40 0.36 0.36 0.36

India Green Reality Quick Ratio Competitor Comparison

For the Real Estate - Development subindustry, India Green Reality'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.


India Green Reality Quick Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, India Green Reality's Quick Ratio distribution charts can be found below:

* The bar in red indicates where India Green Reality's Quick Ratio falls into.


BOM:540152
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India Green Reality Ltd BOM:540152
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India Green Reality 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.

India Green Reality's Quick Ratio for the fiscal year that ended in Mar. 2020 is calculated as

Quick Ratio (A: Mar. 2020 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1445.504-1016.454)/1194.191
=0.36

India Green Reality's Quick Ratio for the quarter that ended in Sep. 2021 is calculated as

Quick Ratio (Q: Sep. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1449.513-1017.06)/1200.589
=0.36

* 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 0.36 mean?
India Green Reality (BOM:540152) has a Quick Ratio of 0.36 as of Sep. 2021. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on India Green Reality and its competitors.
Is India Green Reality's Quick Ratio too high?
India Green Reality's current Quick Ratio is 0.36. The Real Estate industry median Quick Ratio is 0.84. India Green Reality's value of 0.36 is 57.1% below this industry median. Overall, India Green Reality has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does India Green Reality's Quick Ratio compare to competitors?
India Green Reality's Quick Ratio of 0.36 can be compared against companies in the Real Estate industry. The industry median Quick Ratio is 0.84. India Green Reality's value of 0.36 is 57.1% below this benchmark. 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 Real Estate company?
The median Quick Ratio among Real Estate companies is 0.84, based on 1,794 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. India Green Reality's current Quick Ratio of 0.36 is 57.1% 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 India Green Reality and its competitors. For the Real Estate industry, the median Quick Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Green Reality's current Quick Ratio is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Green Reality stock overvalued right now?
India Green Reality (BOM:540152) has a current Quick Ratio of 0.36. The current Quick Ratio is 0.36 and 57.1% below the Real Estate industry median of 0.84. India Green Reality's overall GF Score™ is 4/100. 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 India Green Reality (BOM:540152), the current Quick Ratio is 0.36 as of Sep. 2021. 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.

India Green Reality Business Description

Address 308, lscon Mall, Above Star Bazar, Satellite, Ahmedabad, GJ, IND, 380015
India Green Reality Ltd operates as a real estate developer. The company engages in the business of development and sale of residential and commercial properties, including identification and acquisition of land, development of land, acquisition of development rights of projects, and marketing of projects, land. Its residential projects include townships, bungalows, resorts, clubhouses, and other residential projects; and commercial projects comprise resorts, retail, and hospitality projects.
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