Shanmuga Hospital (BOM:544365) Quick Ratio: 1.88 (As of Mar. 2026) — Near Median

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BOM:544365 Shanmuga Hospital Ltd BOM:544365
21 GF Score
Price ₹43.49
! 2 Warning Signs
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What is Shanmuga Hospital Quick Ratio?

Shanmuga Hospital BOM:544365 21 Quick Ratio is 1.88 as of Mar. 2026, which is at its 10-year median of 1.88. GuruFocus rates BOM:544365 with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 678 Healthcare Providers & Services companies, Shanmuga Hospital ranks better than 66.96% 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. Shanmuga Hospital's quick ratio for the quarter that ended in Mar. 2026 was 1.88.

Shanmuga Hospital has a quick ratio of 1.88. It generally indicates good short-term financial strength.

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

BOM:544365' s Quick Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.88   Max: 3.02
Current: 1.88

During the past 5 years, Shanmuga Hospital's highest Quick Ratio was 3.02. The lowest was 0.90. And the median was 1.88.

BOM:544365's Quick Ratio is ranked better than
66.96% of 678 companies
in the Healthcare Providers & Services industry
Industry Median: 1.3 vs BOM:544365: 1.88

Shanmuga Hospital  (BOM:544365) 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.


Shanmuga Hospital Quick Ratio Related Terms


Shanmuga Hospital Quick Ratio Historical Data

* Premium members only.

The historical data trend for Shanmuga Hospital'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.

Shanmuga Hospital Quick Ratio Chart

Shanmuga Hospital Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
2.12 1.62 0.90 3.02 1.88

Shanmuga Hospital Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Quick Ratio Get a 7-Day Free Trial 0.90 0.99 3.02 1.25 1.88

BOM:544365 vs HCA, THC, DVA: Quick Ratio Comparison

For the Medical Care Facilities subindustry, Shanmuga Hospital'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.


Shanmuga Hospital Quick Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Shanmuga Hospital's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Shanmuga Hospital's Quick Ratio falls into.


BOM:544365
21GF Score
Shanmuga Hospital Ltd BOM:544365
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanmuga Hospital 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.

Shanmuga Hospital'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
=(125-19.577)/56.194
=1.88

Shanmuga Hospital'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
=(125-19.577)/56.194
=1.88

* 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 1.88 mean?
Shanmuga Hospital (BOM:544365) has a Quick Ratio of 1.88 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shanmuga Hospital and its competitors. This is near median its historical median of 1.88. Over the past decade, Shanmuga Hospital's Quick Ratio has ranged from 0.90 to 3.02. According to the industry distribution chart, Shanmuga Hospital ranks #224 out of 678 companies in the Healthcare Providers & Services industry, placing it in the top 33%.
Is Shanmuga Hospital's Quick Ratio too high?
Shanmuga Hospital's current Quick Ratio of 1.88 is near median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 3.02. The Healthcare Providers & Services industry median Quick Ratio is 1.30. Shanmuga Hospital's value of 1.88 is 44.6% above this industry median. Based on the distribution chart, Shanmuga Hospital ranks #224 out of 678 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Shanmuga Hospital has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Shanmuga Hospital's Quick Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Shanmuga Hospital ranks #224 out of 678 companies for Quick Ratio. This puts Shanmuga Hospital in the upper half of its industry. The industry median Quick Ratio is 1.30. Shanmuga Hospital's value of 1.88 is 44.6% above this benchmark. Historically, Shanmuga Hospital's own Quick Ratio has ranged from 0.90 to 3.02 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 1.30, Shanmuga Hospital 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 Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.30, based on 678 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. Shanmuga Hospital's current Quick Ratio of 1.88 is 44.6% 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 Shanmuga Hospital and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanmuga Hospital's current Quick Ratio is 1.88, which is near median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanmuga Hospital stock overvalued right now?
Shanmuga Hospital (BOM:544365) has a current Quick Ratio of 1.88. The current Quick Ratio is 1.88, which is near median its 10-year median of 1.88 and 44.6% above the Healthcare Providers & Services industry median of 1.30. Shanmuga Hospital's overall GF Score™ is 21/100 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 Shanmuga Hospital (BOM:544365), the current Quick Ratio is 1.88 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.

Shanmuga Hospital Business Description

Address 51/24, Saradha College Road, Salem, TN, IND, 636 007
Shanmuga Hospital Ltd is a Multispecialty Hospital. It is Equipped with developed healthcare technology and has an approximately 151-bed capacity, it addresses the community's medical needs, serving patients from nearby regions. The hospital is committed to high-quality healthcare services, including prevention, treatment, and rehabilitation. Its medical facility encompasses an Oncology Unit, High Dependency Unit, Emergency Department, Outpatient Consultation Services, Cardiac Care Unit, Intensive Care Unit, Neonatal Intensive Care Unit, Labour Room, Endoscopy Room, Neurosurgery Unit, and Cardiac Unit. The Diagnostic Centre features developed laboratory and imaging technologies such as X-ray, Ultrasound, Computed Tomography scan, Magnetic Resonance Imaging and modular operational theatres.
21GF Score

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