Agni Green Power (NSE:AGNI) Quick Ratio: 3.41 (As of Sep. 2025) — 89% Above Median

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NSE:AGNI Agni Green Power Ltd NSE:AGNI
38 GF Score
Price ₹17.50
! 4 Warning Signs
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What is Agni Green Power Quick Ratio?

Agni Green Power NSE:AGNI 38 Quick Ratio is 3.41 as of Sep. 2025, which is 89% above its 10-year median of 1.80. GuruFocus rates NSE:AGNI with a GF Score™ of 38/100. The stock has 4 warning signs investors should review. Among 1,028 Semiconductors companies, Agni Green Power ranks better than 75.19% 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. Agni Green Power's quick ratio for the quarter that ended in Sep. 2025 was 3.41.

Agni Green Power has a quick ratio of 3.41. It generally indicates good short-term financial strength.

The historical rank and industry rank for Agni Green Power's Quick Ratio or its related term are showing as below:

NSE:AGNI' s Quick Ratio Range Over the Past 10 Years
Min: 1.37   Med: 1.8   Max: 3.41
Current: 3.41

During the past 6 years, Agni Green Power's highest Quick Ratio was 3.41. The lowest was 1.37. And the median was 1.80.

NSE:AGNI's Quick Ratio is ranked better than
75.19% of 1028 companies
in the Semiconductors industry
Industry Median: 1.84 vs NSE:AGNI: 3.41

Agni Green Power  (NSE:AGNI) 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.


Agni Green Power Quick Ratio Related Terms


Agni Green Power Quick Ratio Historical Data

* Premium members only.

The historical data trend for Agni Green Power'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.

Agni Green Power Quick Ratio Chart

Agni Green Power Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Quick Ratio
Get a 7-Day Free Trial 1.57 1.37 1.63 1.88 1.61

Agni Green Power Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Sep25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.88 2.79 1.61 2.26 3.41

NSE:AGNI vs FSLR, NXT, ENPH: Quick Ratio Comparison

For the Solar subindustry, Agni Green Power'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.


Agni Green Power Quick Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Agni Green Power's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Agni Green Power's Quick Ratio falls into.


NSE:AGNI
38GF Score
Agni Green Power Ltd NSE:AGNI
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Agni Green Power 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.

Agni Green Power's Quick Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Quick Ratio (A: Mar. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(320.388-66.051)/157.877
=1.61

Agni Green Power'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
=(334.874-48.197)/84.002
=3.41

* 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 3.41 mean?
Agni Green Power (NSE:AGNI) has a Quick Ratio of 3.41 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Agni Green Power and its competitors. This is 89% above median its historical median of 1.80. Over the past decade, Agni Green Power's Quick Ratio has ranged from 1.37 to 3.41. According to the industry distribution chart, Agni Green Power ranks #255 out of 1028 companies in the Semiconductors industry, placing it in the top 24.8%.
Is Agni Green Power's Quick Ratio too high?
Agni Green Power's current Quick Ratio of 3.41 is 89% above median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 3.41. The Semiconductors industry median Quick Ratio is 1.84. Agni Green Power's value of 3.41 is 85.3% above this industry median. Based on the distribution chart, Agni Green Power ranks #255 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Agni Green Power has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Agni Green Power's Quick Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Agni Green Power ranks #255 out of 1028 companies for Quick Ratio. This places Agni Green Power in the top 25% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.84. Agni Green Power's value of 3.41 is 85.3% above this benchmark. Historically, Agni Green Power's own Quick Ratio has ranged from 1.37 to 3.41 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 1.84, Agni Green Power 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 1.84, 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. Agni Green Power's current Quick Ratio of 3.41 is 85.3% 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 Agni Green Power and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agni Green Power's current Quick Ratio is 3.41, which is 89% above median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agni Green Power stock overvalued right now?
Agni Green Power (NSE:AGNI) has a current Quick Ratio of 3.41. The current Quick Ratio is 3.41, which is 89% above median its 10-year median of 1.80 and 85.3% above the Semiconductors industry median of 1.84. Agni Green Power's overall GF Score™ is 38/100 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 Agni Green Power (NSE:AGNI), the current Quick Ratio is 3.41 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.

Agni Green Power Business Description

Address 114, Rajdanga Gold Park, Piyali Apartment, 1st Floor, South Parganas, Kolkata, WB, IND, 700107
Agni Green Power Ltd is engaged in executing turn-key solar PV power plant projects. It also involves manufacturing, selling and installing solar photovoltaic power plants, solar lamps, solar power conditioning units and other solar products like charge controller, solar pump controller, solar adaptors, solar generators, junction boxes etc. The Company's product categories consist of Lighting Systems, Power Conditioning Units, Solar MPPT Chargers, Balance Of Systems (BOS), Solarizer (Solar Adaptor), Solar Pumps and Remote Monitoring System.
38GF Score

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