Deepak ChemtexBOM:544036 +1.64%53 Quick Ratio is 2.43 as of Mar. 2026, which is 13% above its 10-year median of 2.16. GuruFocus rates BOM:544036 with a GF Score™ of 53/100. The stock has 4 warning signs investors should review. Among 1,605 Chemicals companies, Deepak Chemtex ranks better than 75.14% 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. Deepak Chemtex's quick ratio for the quarter that ended in Mar. 2026 was 2.43.
Deepak Chemtex has a quick ratio of 2.43. It generally indicates good short-term financial strength.
The historical rank and industry rank for Deepak Chemtex's Quick Ratio or its related term are showing as below:
BOM:544036'
s Quick Ratio Range Over the Past 10 Years
Min: 1.13 Med: 2.16 Max: 4.22
Current: 2.43
During the past 6 years, Deepak Chemtex's highest Quick Ratio was 4.22. The lowest was 1.13. And the median was 2.16.
BOM:544036's Quick Ratio is ranked better than 75.14% of 1605
companies
in the Chemicals industry
Industry Median: 1.38
vs BOM:544036: 2.43
Deepak Chemtex (BOM:544036) 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.
Deepak Chemtex Quick Ratio Related Terms
Deepak Chemtex Quick Ratio Historical Data
* Premium members only.
The historical data trend for Deepak Chemtex'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:544036 vs LIN, SHW, ECL: Quick Ratio Comparison
For the Specialty Chemicals subindustry, Deepak Chemtex'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.
Deepak Chemtex Quick Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Deepak Chemtex's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Deepak Chemtex'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.
Deepak Chemtex'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.
Deepak Chemtex (BOM:544036) has a Quick Ratio of 2.43 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Deepak Chemtex and its competitors. This is 13% above median its historical median of 2.16. Over the past decade, Deepak Chemtex's Quick Ratio has ranged from 1.13 to 4.22. According to the industry distribution chart, Deepak Chemtex ranks #399 out of 1605 companies in the Chemicals industry, placing it in the top 24.9%.
Is Deepak Chemtex's Quick Ratio too high?
Deepak Chemtex's current Quick Ratio of 2.43 is 13% above median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 4.22. The Chemicals industry median Quick Ratio is 1.38. Deepak Chemtex's value of 2.43 is 76.1% above this industry median. Based on the distribution chart, Deepak Chemtex ranks #399 out of 1605 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Deepak Chemtex has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Deepak Chemtex's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Deepak Chemtex ranks #399 out of 1605 companies for Quick Ratio. This places Deepak Chemtex in the top 25% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.38. Deepak Chemtex's value of 2.43 is 76.1% above this benchmark. Historically, Deepak Chemtex's own Quick Ratio has ranged from 1.13 to 4.22 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 1.38, Deepak Chemtex has consistently been above 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 1,605 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. Deepak Chemtex's current Quick Ratio of 2.43 is 76.1% above 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 Deepak Chemtex 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. Deepak Chemtex's current Quick Ratio is 2.43, which is 13% above median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deepak Chemtex stock overvalued right now?
Deepak Chemtex (BOM:544036) has a current Quick Ratio of 2.43. The current Quick Ratio is 2.43, which is 13% above median its 10-year median of 2.16 and 76.1% above the Chemicals industry median of 1.38. Deepak Chemtex's overall GF Score™ is 53/100 with 4 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 Deepak Chemtex (BOM:544036), the current Quick Ratio is 2.43 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.
Deepak Chemtex Ltd is engaged in manufacturing colorants finding applications in Food, Drug, Cosmetics, Cleaning compounds, Agriculture, and other industries. Colorants are formulations of chemical intermediates, pigments, or dyes and additives used to add color to various consumables. It also manufactures salt-free dyes used in the inkjet industry, pond dyes used in ponds, lakes, swimming pools, etc, and other colorants used in car wash products, portable sanitation cleaners, detergent & soap, fuel, oil & lubricants, smoke, seed treatment, crop protection, fertilizer indicators, floral dyes, etc.
53GF Score
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