True Colors (BOM:544531) Quick Ratio: 1.54 (As of Mar. 2026) — 66% Above Median

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BOM:544531 True Colors Ltd BOM:544531
18 GF Score
Price ₹153.90
! 4 Warning Signs
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What is True Colors Quick Ratio?

True Colors BOM:544531 -4.97% 18 Quick Ratio is 1.54 as of Mar. 2026, which is 66% above its 10-year median of 0.93. GuruFocus rates BOM:544531 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,091 Business Services companies, True Colors ranks worse than 54.08% 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. True Colors's quick ratio for the quarter that ended in Mar. 2026 was 1.54.

True Colors has a quick ratio of 1.54. It generally indicates good short-term financial strength.

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

BOM:544531' s Quick Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.93   Max: 1.54
Current: 1.54

During the past 5 years, True Colors's highest Quick Ratio was 1.54. The lowest was 0.52. And the median was 0.93.

BOM:544531's Quick Ratio is ranked worse than
54.08% of 1091 companies
in the Business Services industry
Industry Median: 1.67 vs BOM:544531: 1.54

True Colors  (BOM:544531) 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.


True Colors Quick Ratio Related Terms


True Colors Quick Ratio Historical Data

* Premium members only.

The historical data trend for True Colors'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.

True Colors Quick Ratio Chart

True Colors Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
0.97 0.84 0.52 0.93 1.54

True Colors Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Quick Ratio Get a 7-Day Free Trial 0.52 0.00 0.93 2.36 1.54

BOM:544531 vs CTAS, CPRT, GPN: Quick Ratio Comparison

For the Specialty Business Services subindustry, True Colors'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.


True Colors Quick Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, True Colors's Quick Ratio distribution charts can be found below:

* The bar in red indicates where True Colors's Quick Ratio falls into.


BOM:544531
18GF Score
True Colors Ltd BOM:544531
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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True Colors 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.

True Colors'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
=(1793.016-429.907)/886.6
=1.54

True Colors'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
=(1793.016-429.907)/886.6
=1.54

* 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 1.54 mean?
True Colors (BOM:544531) has a Quick Ratio of 1.54 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on True Colors and its competitors. This is 66% above median its historical median of 0.93. Over the past decade, True Colors' Quick Ratio has ranged from 0.52 to 1.54. According to the industry distribution chart, True Colors ranks #590 out of 1091 companies in the Business Services industry, placing it in the top 54.1%.
Is True Colors' Quick Ratio too high?
True Colors' current Quick Ratio of 1.54 is 66% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.54. The Business Services industry median Quick Ratio is 1.67. True Colors' value of 1.54 is 7.8% below this industry median. Based on the distribution chart, True Colors ranks #590 out of 1091 companies in the Business Services industry, which is below the industry midpoint. Overall, True Colors has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does True Colors' Quick Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, True Colors ranks #590 out of 1091 companies for Quick Ratio. This places True Colors in the lower half of its industry. The industry median Quick Ratio is 1.67. True Colors' value of 1.54 is 7.8% below this benchmark. Historically, True Colors' own Quick Ratio has ranged from 0.52 to 1.54 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.67, True Colors 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 Business Services company?
The median Quick Ratio among Business Services companies is 1.67, based on 1,091 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. True Colors's current Quick Ratio of 1.54 is 7.8% 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 True Colors and its competitors. For the Business Services industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. True Colors's current Quick Ratio is 1.54, which is 66% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True Colors stock overvalued right now?
True Colors (BOM:544531) has a current Quick Ratio of 1.54. The current Quick Ratio is 1.54, which is 66% above median its 10-year median of 0.93 and 7.8% below the Business Services industry median of 1.67. True Colors' overall GF Score™ is 18/100 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 True Colors (BOM:544531), the current Quick Ratio is 1.54 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.

True Colors Business Description

Address Somakanjini Wadi Patel Line Khatodara, P-8, Ground Floor to 3rd Floor, Surat, GJ, IND, 395002
True Colors Ltd is engaged in the business of importing and distributing of digital textile printers and manufacturing and supplying of products related to the digital textile printing industry. It imports and distributes high-quality wide-format digital textile inkjet printers and also provides digital textile printing inks such as Sublimation Inks, Reactive Inks, and Disperse Inks. The company has established an in-house sublimation paper manufacturing unit, a critical component in the digital textile printing process. It generates revenue from the trading of Ink and digital printing machines.
18GF Score

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