Indus Gas (LSE:INDI) Quick Ratio: 17.82 (As of Sep. 2025) — 809% Above Median


What is Indus Gas Quick Ratio?

Indus Gas LSE:INDI -32.00% Quick Ratio is 17.82 as of Sep. 2025, which is 809% above its 10-year median of 1.96. The stock has 6 warning signs investors should review.

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. Indus Gas's quick ratio for the quarter that ended in Sep. 2025 was 17.82.

Indus Gas has a quick ratio of 17.82. It generally indicates good short-term financial strength.

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

LSE:INDI' s Quick Ratio Range Over the Past 10 Years
Min: 0.09   Med: 1.96   Max: 17.82
Current: 17.82

During the past 13 years, Indus Gas's highest Quick Ratio was 17.82. The lowest was 0.09. And the median was 1.96.

LSE:INDI's Quick Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.12 vs LSE:INDI: 17.82

Indus Gas  (LSE:INDI) 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.


Indus Gas Quick Ratio Related Terms


Indus Gas Quick Ratio Historical Data

* Premium members only.

The historical data trend for Indus Gas'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.

Indus Gas Quick Ratio Chart

Indus Gas Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.68 0.81 4.08 2.31 0.15

Indus Gas Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.89 2.31 3.00 0.15 17.82

LSE:INDI vs COP, EOG, FANG: Quick Ratio Comparison

For the Oil & Gas E&P subindustry, Indus Gas'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.


Indus Gas Quick Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Indus Gas's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Indus Gas's Quick Ratio falls into.



Indus Gas 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.

Indus Gas's Quick Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Quick Ratio (A: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(90.571-5.34)/561.898
=0.15

Indus Gas's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(87.079-4.049)/4.659
=17.82

* 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 17.82 mean?
Indus Gas (LSE:INDI) has a Quick Ratio of 17.82 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Indus Gas and its competitors. This is 809% above median its historical median of 1.96. Over the past decade, Indus Gas' Quick Ratio has ranged from 0.09 to 17.82.
Is Indus Gas' Quick Ratio too high?
Indus Gas' current Quick Ratio of 17.82 is 809% above median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 17.82. The Oil & Gas industry median Quick Ratio is 1.12. Indus Gas' value of 17.82 is 1491.1% above this industry median.
How does Indus Gas' Quick Ratio compare to COP and EOG?
Indus Gas' Quick Ratio of 17.82 can be compared against companies in the Oil & Gas industry. The industry median Quick Ratio is 1.12. Indus Gas' value of 17.82 is 1491.1% above this benchmark. Historically, Indus Gas' own Quick Ratio has ranged from 0.09 to 17.82 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 1.12, Indus Gas 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 an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,016 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. Indus Gas's current Quick Ratio of 17.82 is 1491.1% 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 Indus Gas and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Gas's current Quick Ratio is 17.82, which is 809% above median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Gas stock overvalued right now?
Indus Gas (LSE:INDI) has a current Quick Ratio of 17.82. The stock's GF Value™ is £0.14, compared to a current price of £0.01 — trading 90.3% below its estimated fair value. The current Quick Ratio is 17.82, which is 809% above median its 10-year median of 1.96 and 1491.1% above the Oil & Gas industry median of 1.12. 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 Indus Gas (LSE:INDI), the current Quick Ratio is 17.82 as of Sep. 2025. 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.

Indus Gas Business Description

Industry EnergyOil & Gas
Address Saint Martins House, PO Box 112, Le Bordage, Saint Peter Port, GGY, GY1 4EA
Indus Gas Ltd is an oil and gas exploration and development company. It predominantly operates in India, focusing on exploration, development, production, distribution, and marketing of hydrocarbons, including natural gas. The company holds a participating interest in Block RJ-ON/6, an onshore petroleum concession in Rajasthan, India, covering a large area in the Indus Basin. Its operations involve partnerships with entities like Oil and Natural Gas Corporation Ltd. (ONGC) and Focus Energy Ltd., with ONGC having back-in rights for participating interests in discovered fields. Indus Gas sells natural gas prominently to GAIL (India) Ltd and continues to evaluate other opportunities in the oil and gas sector.