Classic Filaments (BOM:540310) Quick Ratio: 0.98 (As of Mar. 2026) — 28% Below Median


BOM:540310 Classic Filaments Ltd BOM:540310
36 GF Score
Price ₹48.50
! 3 Warning Signs
View Full Analysis

What is Classic Filaments Quick Ratio?

Classic Filaments BOM:540310 -4.90% 36 Quick Ratio is 0.98 as of Mar. 2026, which is 28% below its 10-year median of 1.37. GuruFocus rates BOM:540310 with a GF Score™ of 36/100. The stock has 3 warning signs investors should review. Among 1,061 Manufacturing - Apparel & Accessories companies, Classic Filaments ranks worse than 54.95% 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. Classic Filaments's quick ratio for the quarter that ended in Mar. 2026 was 0.98.

Classic Filaments has a quick ratio of 0.98. It indicates that the company cannot currently fully pay back its current liabilities.

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

BOM:540310' s Quick Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.37   Max: 2.23
Current: 0.98

During the past 13 years, Classic Filaments's highest Quick Ratio was 2.23. The lowest was 0.98. And the median was 1.37.

BOM:540310's Quick Ratio is ranked worse than
54.95% of 1061 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11 vs BOM:540310: 0.98

Classic Filaments  (BOM:540310) 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.


Classic Filaments Quick Ratio Related Terms


Classic Filaments Quick Ratio Historical Data

* Premium members only.

The historical data trend for Classic Filaments'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.

Classic Filaments Quick Ratio Chart

Classic Filaments 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 1.74 1.88 1.59 1.06 0.98

Classic Filaments Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 1.06 0.00 1.02 0.00 0.98

Classic Filaments Quick Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Classic Filaments'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.


Classic Filaments Quick Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Classic Filaments's Quick Ratio falls into.


BOM:540310
36GF Score
Classic Filaments Ltd BOM:540310
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Classic Filaments 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.

Classic Filaments'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
=(19.24-0)/19.662
=0.98

Classic Filaments'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
=(19.24-0)/19.662
=0.98

* 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 0.98 mean?
Classic Filaments (BOM:540310) has a Quick Ratio of 0.98 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Classic Filaments and its competitors. This is 28% below median its historical median of 1.37. Over the past decade, Classic Filaments' Quick Ratio has ranged from 0.98 to 2.23. According to the industry distribution chart, Classic Filaments ranks #583 out of 1061 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 54.9%.
Is Classic Filaments' Quick Ratio too high?
Classic Filaments' current Quick Ratio of 0.98 is 28% below median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 2.23. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Classic Filaments' value of 0.98 is 11.7% below this industry median. Based on the distribution chart, Classic Filaments ranks #583 out of 1061 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Classic Filaments has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Classic Filaments' Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Classic Filaments ranks #583 out of 1061 companies for Quick Ratio. This places Classic Filaments in the lower half of its industry. The industry median Quick Ratio is 1.11. Classic Filaments' value of 0.98 is 11.7% below this benchmark. Historically, Classic Filaments' own Quick Ratio has ranged from 0.98 to 2.23 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 1.11, Classic Filaments 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,061 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. Classic Filaments's current Quick Ratio of 0.98 is 11.7% 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 Classic Filaments 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. Classic Filaments's current Quick Ratio is 0.98, which is 28% below median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Filaments stock overvalued right now?
Classic Filaments (BOM:540310) has a current Quick Ratio of 0.98. The current Quick Ratio is 0.98, which is 28% below median its 10-year median of 1.37 and 11.7% below the Manufacturing - Apparel & Accessories industry median of 1.11. Classic Filaments' overall GF Score™ is 36/100 with 3 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 Classic Filaments (BOM:540310), the current Quick Ratio is 0.98 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.

Classic Filaments Business Description

Address Priyanka House, Umiyadham Road, Plot No. 1, Varachha, Surat, GJ, IND, 395006
Classic Filaments Ltd is an India-based company that is engaged in the wholesale business of textiles.
36GF Score

Get the complete analysis for BOM:540310

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

₹48.50
Price