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Nivaka FashionsBOM:542206 -5.00%27 Quick Ratio is 0.47 as of Mar. 2026, which is 54% below its 10-year median of 1.03. GuruFocus rates BOM:542206 with a GF Score™ of 27/100 and a GF Value™ of ₹0.05 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,068 Manufacturing - Apparel & Accessories companies, Nivaka Fashions ranks worse than 85.02% 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. Nivaka Fashions's quick ratio for the quarter that ended in Mar. 2026 was 0.47.
Nivaka Fashions has a quick ratio of 0.47. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Nivaka Fashions's Quick Ratio or its related term are showing as below:
BOM:542206'
s Quick Ratio Range Over the Past 10 Years
Min: 0.47 Med: 1.03 Max: 2.72
Current: 0.47
During the past 13 years, Nivaka Fashions's highest Quick Ratio was 2.72. The lowest was 0.47. And the median was 1.03.
BOM:542206's Quick Ratio is ranked worse than 85.02% of 1068
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11
vs BOM:542206: 0.47
Nivaka Fashions (BOM:542206) 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.
Nivaka Fashions Quick Ratio Related Terms
Nivaka Fashions Quick Ratio Historical Data
* Premium members only.
The historical data trend for Nivaka Fashions'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:542206 vs RL, LEVI, VFC: Quick Ratio Comparison
For the Apparel Manufacturing subindustry, Nivaka Fashions'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.
Nivaka Fashions Quick Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nivaka Fashions's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Nivaka Fashions'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.
Nivaka Fashions'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.
Nivaka Fashions (BOM:542206) has a Quick Ratio of 0.47 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Nivaka Fashions and its competitors. This is 54% below median its historical median of 1.03. Over the past decade, Nivaka Fashions' Quick Ratio has ranged from 0.47 to 2.72. According to the industry distribution chart, Nivaka Fashions ranks #908 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 85%.
Is Nivaka Fashions' Quick Ratio too high?
Nivaka Fashions' current Quick Ratio of 0.47 is 54% below median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 2.72. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Nivaka Fashions' value of 0.47 is 57.7% below this industry median. Based on the distribution chart, Nivaka Fashions ranks #908 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Nivaka Fashions has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nivaka Fashions' Quick Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nivaka Fashions ranks #908 out of 1068 companies for Quick Ratio. This places Nivaka Fashions in the lower half of its industry. The industry median Quick Ratio is 1.11. Nivaka Fashions' value of 0.47 is 57.7% below this benchmark. Historically, Nivaka Fashions' own Quick Ratio has ranged from 0.47 to 2.72 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.11, Nivaka Fashions 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 1,068 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. Nivaka Fashions's current Quick Ratio of 0.47 is 57.7% 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 Nivaka Fashions 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. Nivaka Fashions's current Quick Ratio is 0.47, which is 54% below median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nivaka Fashions stock overvalued right now?
Based on GuruFocus' analysis, Nivaka Fashions (BOM:542206) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.05, compared to a current price of ₹0.57 — trading 1040% above its estimated fair value. The current Quick Ratio is 0.47, which is 54% below median its 10-year median of 1.03 and 57.7% below the Manufacturing - Apparel & Accessories industry median of 1.11. Nivaka Fashions' overall GF Score™ is 27/100 with 7 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 Nivaka Fashions (BOM:542206), the current Quick Ratio is 0.47 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.
Is Nivaka Fashions (BOM:542206) Overvalued in 2026?
Based on GuruFocus' analysis, Nivaka Fashions stock appears to be overvalued.
The current stock price of ₹0.57 is trading 1040% above its estimated GF Value™ of ₹0.05.
GuruFocus considers Nivaka Fashions to be Significantly Overvalued.
Key valuation signals for BOM:542206:
Quick Ratio: 0.47 (54% below median its 10-year median of 1.03)
GF Value™: ₹0.05 vs. price of ₹0.57 (1040% above fair value)
Industry Position: 57.7% below the Manufacturing - Apparel & Accessories median (#908 of 1068)
No single metric tells the full story. See the BOM:542206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nivaka Fashions Ltd is an Indian company engaged in retailing Indian ethnic wear through omni channels like offline retail stores and online e-commerce websites. The company owns the brand 'Ninecolours'. The company manufactures certain products in its own brand in the name of 'Ninecolours West', 'Nine colours Quirk' and 'Ninecolours Luxe'. The company offers products like sarees, lehengas, kurtis, suits and gowns for women; kurtas, sherwanis, jackets and kurta pyjamas for men and ethnic wear collections for children. The company also offers a range of jewellery and Home decors products like Bed sheets, Table tops, Wall art and Dewan sets. The company generates the majority of its revenue from the sale of products.
27GF Score
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