Dr Agarwal’s Health Care (BOM:544350) Quick Ratio: 1.04 (As of Mar. 2026) — Near Median

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BOM:544350 Dr Agarwal’s Health Care Ltd BOM:544350
17 GF Score
Price ₹478.55
! 2 Warning Signs
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What is Dr Agarwal’s Health Care Quick Ratio?

Dr Agarwal’s Health Care BOM:544350 +0.12% 17 Quick Ratio is 1.04 as of Mar. 2026, which is at its 10-year median of 1.04. GuruFocus rates BOM:544350 with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 852 Medical Devices & Instruments companies, Dr Agarwal’s Health Care ranks worse than 76.06% 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. Dr Agarwal’s Health Care's quick ratio for the quarter that ended in Mar. 2026 was 1.04.

Dr Agarwal’s Health Care has a quick ratio of 1.04. It generally indicates good short-term financial strength.

The historical rank and industry rank for Dr Agarwal’s Health Care's Quick Ratio or its related term are showing as below:

BOM:544350' s Quick Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.04   Max: 1.77
Current: 1.04

During the past 5 years, Dr Agarwal’s Health Care's highest Quick Ratio was 1.77. The lowest was 0.91. And the median was 1.04.

BOM:544350's Quick Ratio is ranked worse than
76.06% of 852 companies
in the Medical Devices & Instruments industry
Industry Median: 1.89 vs BOM:544350: 1.04

Dr Agarwal’s Health Care  (BOM:544350) 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.


Dr Agarwal’s Health Care Quick Ratio Related Terms


Dr Agarwal’s Health Care Quick Ratio Historical Data

* Premium members only.

The historical data trend for Dr Agarwal’s Health Care'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.

Dr Agarwal’s Health Care Quick Ratio Chart

Dr Agarwal’s Health Care Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
0.94 0.91 1.77 1.49 1.04

Dr Agarwal’s Health Care Quarterly Data
Mar22 Mar23 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 1.49 0.00 1.26 0.00 1.04

BOM:544350 vs ISRG, BDX, MDLN: Quick Ratio Comparison

For the Medical Instruments & Supplies subindustry, Dr Agarwal’s Health Care'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.


Dr Agarwal’s Health Care Quick Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Dr Agarwal’s Health Care's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Dr Agarwal’s Health Care's Quick Ratio falls into.


BOM:544350
17GF Score
Dr Agarwal’s Health Care Ltd BOM:544350
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dr Agarwal’s Health Care 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.

Dr Agarwal’s Health Care'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
=(5729.7-940.3)/4614.8
=1.04

Dr Agarwal’s Health Care'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
=(5729.7-940.3)/4614.8
=1.04

* 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 1.04 mean?
Dr Agarwal’s Health Care (BOM:544350) has a Quick Ratio of 1.04 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Dr Agarwal’s Health Care and its competitors. This is near median its historical median of 1.04. Over the past decade, Dr Agarwal’s Health Care's Quick Ratio has ranged from 0.91 to 1.77. According to the industry distribution chart, Dr Agarwal’s Health Care ranks #648 out of 852 companies in the Medical Devices & Instruments industry, placing it in the top 76.1%.
Is Dr Agarwal’s Health Care's Quick Ratio too high?
Dr Agarwal’s Health Care's current Quick Ratio of 1.04 is near median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 1.77. The Medical Devices & Instruments industry median Quick Ratio is 1.89. Dr Agarwal’s Health Care's value of 1.04 is 45% below this industry median. Based on the distribution chart, Dr Agarwal’s Health Care ranks #648 out of 852 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Dr Agarwal’s Health Care has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Dr Agarwal’s Health Care's Quick Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Dr Agarwal’s Health Care ranks #648 out of 852 companies for Quick Ratio. This places Dr Agarwal’s Health Care in the lower half of its industry. The industry median Quick Ratio is 1.89. Dr Agarwal’s Health Care's value of 1.04 is 45% below this benchmark. Historically, Dr Agarwal’s Health Care's own Quick Ratio has ranged from 0.91 to 1.77 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.89, Dr Agarwal’s Health Care 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 Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.89, based on 852 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. Dr Agarwal’s Health Care's current Quick Ratio of 1.04 is 45% 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 Dr Agarwal’s Health Care and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dr Agarwal’s Health Care's current Quick Ratio is 1.04, which is near median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dr Agarwal’s Health Care stock overvalued right now?
Dr Agarwal’s Health Care (BOM:544350) has a current Quick Ratio of 1.04. The current Quick Ratio is 1.04, which is near median its 10-year median of 1.04 and 45% below the Medical Devices & Instruments industry median of 1.89. Dr Agarwal’s Health Care's overall GF Score™ is 17/100 with 2 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 Dr Agarwal’s Health Care (BOM:544350), the current Quick Ratio is 1.04 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.

Dr Agarwal’s Health Care Business Description

Other Exchanges AGARWALEYE:India
Address No.4, Moores Road, Off Greams Road, 1st Floor, Buhari Towers, Near Asan Memorial School, Chennai, TN, IND, 600 006
Dr Agarwal's Health Care Ltd is engaged in eye care services, including cataract, refractive and other surgeries; consultations, diagnoses and non-surgical treatments; and sell opticals, contact lenses and accessories, and eye care related pharmaceutical products. It offer services such as Surgeries, Cataract surgeries, Refractive surgeries, Other surgeries, and Consultations, diagnoses and non-surgical treatments, Its products services include Sale of opticals and Sale of eye care-related pharmaceutical products. The company is engaged in single segment that is eye care and related services provided from its hospitals which are located in India and Africa. It generates maximum revenue from India.
17GF Score

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