Essex Marine (BOM:544475) Quick Ratio: 1.66 (As of Mar. 2026) — 75% Above Median

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BOM:544475 Essex Marine Ltd BOM:544475
42 GF Score
Price ₹40.69
! 2 Warning Signs
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What is Essex Marine Quick Ratio?

Essex Marine BOM:544475 42 Quick Ratio is 1.66 as of Mar. 2026, which is 75% above its 10-year median of 0.95. GuruFocus rates BOM:544475 with a GF Score™ of 42/100. The stock has 2 warning signs investors should review. Among 1,993 Consumer Packaged Goods companies, Essex Marine ranks better than 66.93% 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. Essex Marine's quick ratio for the quarter that ended in Mar. 2026 was 1.66.

Essex Marine has a quick ratio of 1.66. It generally indicates good short-term financial strength.

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

BOM:544475' s Quick Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.95   Max: 1.66
Current: 1.66

During the past 6 years, Essex Marine's highest Quick Ratio was 1.66. The lowest was 0.42. And the median was 0.95.

BOM:544475's Quick Ratio is ranked better than
66.93% of 1993 companies
in the Consumer Packaged Goods industry
Industry Median: 1.1 vs BOM:544475: 1.66

Essex Marine  (BOM:544475) 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.


Essex Marine Quick Ratio Related Terms


Essex Marine Quick Ratio Historical Data

* Premium members only.

The historical data trend for Essex Marine'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.

Essex Marine Quick Ratio Chart

Essex Marine Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial 0.95 0.87 0.42 1.04 1.66

Essex Marine Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Quick Ratio Get a 7-Day Free Trial 0.42 0.00 1.04 2.48 1.66

BOM:544475 vs KHC, GIS: Quick Ratio Comparison

For the Packaged Foods subindustry, Essex Marine'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.


Essex Marine Quick Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Essex Marine's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Essex Marine's Quick Ratio falls into.


BOM:544475
42GF Score
Essex Marine Ltd BOM:544475
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Essex Marine 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.

Essex Marine'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
=(366.245-199.085)/100.834
=1.66

Essex Marine'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
=(366.245-199.085)/100.834
=1.66

* 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 1.66 mean?
Essex Marine (BOM:544475) has a Quick Ratio of 1.66 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Essex Marine and its competitors. This is 75% above median its historical median of 0.95. Over the past decade, Essex Marine's Quick Ratio has ranged from 0.42 to 1.66. According to the industry distribution chart, Essex Marine ranks #659 out of 1993 companies in the Consumer Packaged Goods industry, placing it in the top 33.1%.
Is Essex Marine's Quick Ratio too high?
Essex Marine's current Quick Ratio of 1.66 is 75% above median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.66. The Consumer Packaged Goods industry median Quick Ratio is 1.10. Essex Marine's value of 1.66 is 50.9% above this industry median. Based on the distribution chart, Essex Marine ranks #659 out of 1993 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Essex Marine has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Essex Marine's Quick Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Essex Marine ranks #659 out of 1993 companies for Quick Ratio. This puts Essex Marine in the upper half of its industry. The industry median Quick Ratio is 1.10. Essex Marine's value of 1.66 is 50.9% above this benchmark. Historically, Essex Marine's own Quick Ratio has ranged from 0.42 to 1.66 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 1.10, Essex Marine 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.10, based on 1,993 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. Essex Marine's current Quick Ratio of 1.66 is 50.9% 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 Essex Marine and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Essex Marine's current Quick Ratio is 1.66, which is 75% above median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essex Marine stock overvalued right now?
Essex Marine (BOM:544475) has a current Quick Ratio of 1.66. The current Quick Ratio is 1.66, which is 75% above median its 10-year median of 0.95 and 50.9% above the Consumer Packaged Goods industry median of 1.10. Essex Marine's overall GF Score™ is 42/100 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 Essex Marine (BOM:544475), the current Quick Ratio is 1.66 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.

Essex Marine Business Description

Address 7th Floor, Pollock Street, 19, Room No.7, 7th Floor, West Bengal, Kolkata, WB, IND, 700 001
Essex Marine Ltd is a producer of processed fish and shrimp. Its main processed seafood comprised of different varieties of marine fish and shrimp as well as aquaculture vannamei shrimp. The company export frozen fish and shrimps from India under its brand name Essex. Its majority customers are in China and Europe, which includes food service distributors and warehouse chains.
42GF Score

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₹40.69
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