Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Indian Renewable Energy Development Agency has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.
Indian Renewable Energy Development Agency (BOM:544026) 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.
Indian Renewable Energy Development Agency Quick Ratio Related Terms
Indian Renewable Energy Development Agency Quick Ratio Historical Data
* 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.
Indian Renewable Energy Development Agency Quick Ratio Chart
Indian Renewable Energy Development Agency Annual Data
For the Credit Services subindustry, Indian Renewable Energy Development Agency'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.
Indian Renewable Energy Development Agency Quick Ratio vs Credit Services Industry
Indian Renewable Energy Development Agency 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.
* 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.
Indian Renewable Energy Development Agency (BOM:544026) 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 Indian Renewable Energy Development Agency and its competitors. Over the past decade, Indian Renewable Energy Development Agency's Quick Ratio has ranged from 0.89 to 399,170.48. According to the industry distribution chart, Indian Renewable Energy Development Agency ranks #3 out of 400 companies in the Credit Services industry, placing it in the top 0.7%.
Is Indian Renewable Energy Development Agency's Quick Ratio too high?
Indian Renewable Energy Development Agency's current Quick Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 399,170.48. Based on the distribution chart, Indian Renewable Energy Development Agency ranks #3 out of 400 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Renewable Energy Development Agency has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Indian Renewable Energy Development Agency's Quick Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Indian Renewable Energy Development Agency ranks #3 out of 400 companies for Quick Ratio. This places Indian Renewable Energy Development Agency in the top 1% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 3.64. Historically, Indian Renewable Energy Development Agency's own Quick Ratio has ranged from 0.89 to 399,170.48 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 Credit Services company?
The median Quick Ratio among Credit Services companies is 3.64, based on 400 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 Indian Renewable Energy Development Agency and its competitors. For the Credit Services industry, the median Quick Ratio is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Renewable Energy Development Agency'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 Indian Renewable Energy Development Agency stock overvalued right now?
Based on GuruFocus' analysis, Indian Renewable Energy Development Agency (BOM:544026) is currently considered Possible Value Trap. The stock's GF Value™ is ₹215.67, compared to a current price of ₹121.20 — trading 43.8% below its estimated fair value. The current Quick Ratio is 0.00. Indian Renewable Energy Development Agency's overall GF Score™ is 54/100 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 Indian Renewable Energy Development Agency (BOM:544026), 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 Indian Renewable Energy Development Agency (BOM:544026) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Renewable Energy Development Agency stock appears to be undervalued.
The current stock price of ₹121.20 is trading 43.8% below its estimated GF Value™ of ₹215.67.
GuruFocus considers Indian Renewable Energy Development Agency to be Possible Value Trap.
Key valuation signals for BOM:544026:
Quick Ratio: 0.00
GF Value™: ₹215.67 vs. price of ₹121.20 (43.8% below fair value)
No single metric tells the full story. See the BOM:544026 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Renewable Energy Development Agency Ltd is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy. The company operates in two segments: Financing activities in the Renewable Energy (RE) & Energy Efficiency (EE) sector and Generation of power through Solar Plant operations at Kasaragod, Kerala. Majority revenue for the company is genetrated from the segment of financing activities in the RE EE sector.
54GF Score
Get the complete analysis for BOM:544026
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:544026 has been successfully added to your 
