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GRE Renew EnertechBOM:544682 -4.19%21 Quick Ratio is 2.71 as of Mar. 2026, which is 50% above its 10-year median of 1.81. GuruFocus rates BOM:544682 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,028 Semiconductors companies, GRE Renew Enertech ranks better than 67.02% on this metric.
GRE Renew Enertech (BOM:544682) 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.
GRE Renew Enertech Quick Ratio Related Terms
GRE Renew Enertech Quick Ratio Historical Data
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The historical data trend for GRE Renew Enertech'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.
GRE Renew Enertech Quick Ratio Chart
GRE Renew Enertech Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Quick Ratio
1.12
1.53
2.09
2.71
GRE Renew Enertech Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
Quick Ratio
1.12
1.53
2.09
4.36
2.71
BOM:544682 vs FSLR, NXT, ENPH: Quick Ratio Comparison
For the Solar subindustry, GRE Renew Enertech'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.
GRE Renew Enertech Quick Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, GRE Renew Enertech's Quick Ratio distribution charts can be found below:
* The bar in red indicates where GRE Renew Enertech'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.
GRE Renew Enertech'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.
GRE Renew Enertech (BOM:544682) has a Quick Ratio of 2.71 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on GRE Renew Enertech and its competitors. This is 50% above median its historical median of 1.81. Over the past decade, GRE Renew Enertech's Quick Ratio has ranged from 1.12 to 2.71. According to the industry distribution chart, GRE Renew Enertech ranks #339 out of 1028 companies in the Semiconductors industry, placing it in the top 33%.
Is GRE Renew Enertech's Quick Ratio too high?
GRE Renew Enertech's current Quick Ratio of 2.71 is 50% above median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 2.71. The Semiconductors industry median Quick Ratio is 1.79. GRE Renew Enertech's value of 2.71 is 51.4% above this industry median. Based on the distribution chart, GRE Renew Enertech ranks #339 out of 1028 companies in the Semiconductors industry, which is above the industry midpoint. Overall, GRE Renew Enertech has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does GRE Renew Enertech's Quick Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, GRE Renew Enertech ranks #339 out of 1028 companies for Quick Ratio. This puts GRE Renew Enertech in the upper half of its industry. The industry median Quick Ratio is 1.79. GRE Renew Enertech's value of 2.71 is 51.4% above this benchmark. Historically, GRE Renew Enertech's own Quick Ratio has ranged from 1.12 to 2.71 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 1.79, GRE Renew Enertech 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 Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.79, based on 1,028 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. GRE Renew Enertech's current Quick Ratio of 2.71 is 51.4% 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 GRE Renew Enertech and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GRE Renew Enertech's current Quick Ratio is 2.71, which is 50% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GRE Renew Enertech stock overvalued right now?
GRE Renew Enertech (BOM:544682) has a current Quick Ratio of 2.71. The current Quick Ratio is 2.71, which is 50% above median its 10-year median of 1.81 and 51.4% above the Semiconductors industry median of 1.79. GRE Renew Enertech's overall GF Score™ is 21/100 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 GRE Renew Enertech (BOM:544682), the current Quick Ratio is 2.71 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.
GRE Renew Enertech Ltd is engaged in the manufacturing of LED products, solar power generation systems, and power products. The Company provides on-site solar energy solutions, including rooftop and ground-mounted installations. It operates in two reportable segments: Capital Expenditure (CAPEX), which includes engineering, procurement, construction, and operation of solar projects, and Renewable Energy Service Company (RESCO), under which the Company finances, owns, and operates solar projects and supplies electricity to users at an agreed tariff over a defined period. The Company generates the majority of its revenue from solar services.
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