Alpex SolarNSE:ALPEXSOLAR -1.64%55 Quick Ratio is 1.03 as of Mar. 2026, which is 8% above its 10-year median of 0.95. GuruFocus rates NSE:ALPEXSOLAR with a GF Score™ of 55/100. The stock has 2 warning signs investors should review. Among 1,027 Semiconductors companies, Alpex Solar ranks worse than 74.88% 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. Alpex Solar's quick ratio for the quarter that ended in Mar. 2026 was 1.03.
Alpex Solar has a quick ratio of 1.03. It generally indicates good short-term financial strength.
The historical rank and industry rank for Alpex Solar's Quick Ratio or its related term are showing as below:
NSE:ALPEXSOLAR'
s Quick Ratio Range Over the Past 10 Years
Min: 0.61 Med: 0.95 Max: 1.46
Current: 1.03
During the past 6 years, Alpex Solar's highest Quick Ratio was 1.46. The lowest was 0.61. And the median was 0.95.
NSE:ALPEXSOLAR's Quick Ratio is ranked worse than 74.88% of 1027
companies
in the Semiconductors industry
Industry Median: 1.85
vs NSE:ALPEXSOLAR: 1.03
Alpex Solar (NSE:ALPEXSOLAR) 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.
Alpex Solar Quick Ratio Related Terms
Alpex Solar Quick Ratio Historical Data
* Premium members only.
The historical data trend for Alpex Solar'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.
NSE:ALPEXSOLAR vs FSLR, NXT, ENPH: Quick Ratio Comparison
For the Solar subindustry, Alpex Solar'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.
Alpex Solar Quick Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Alpex Solar's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Alpex Solar'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.
Alpex Solar'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.
Alpex Solar (NSE:ALPEXSOLAR) has a Quick Ratio of 1.03 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Alpex Solar and its competitors. This is near median its historical median of 0.95. Over the past decade, Alpex Solar's Quick Ratio has ranged from 0.61 to 1.46. According to the industry distribution chart, Alpex Solar ranks #769 out of 1027 companies in the Semiconductors industry, placing it in the top 74.9%.
Is Alpex Solar's Quick Ratio too high?
Alpex Solar's current Quick Ratio of 1.03 is near median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 1.46. The Semiconductors industry median Quick Ratio is 1.85. Alpex Solar's value of 1.03 is 44.3% below this industry median. Based on the distribution chart, Alpex Solar ranks #769 out of 1027 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Alpex Solar has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Alpex Solar's Quick Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Alpex Solar ranks #769 out of 1027 companies for Quick Ratio. This places Alpex Solar in the lower half of its industry. The industry median Quick Ratio is 1.85. Alpex Solar's value of 1.03 is 44.3% below this benchmark. Historically, Alpex Solar's own Quick Ratio has ranged from 0.61 to 1.46 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 1.85, Alpex Solar 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 Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.85, based on 1,027 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. Alpex Solar's current Quick Ratio of 1.03 is 44.3% 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 Alpex Solar and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpex Solar's current Quick Ratio is 1.03, which is near 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 Alpex Solar stock overvalued right now?
Alpex Solar (NSE:ALPEXSOLAR) has a current Quick Ratio of 1.03. The current Quick Ratio is 1.03, which is near median its 10-year median of 0.95 and 44.3% below the Semiconductors industry median of 1.85. Alpex Solar's overall GF Score™ is 55/100 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 Alpex Solar (NSE:ALPEXSOLAR), the current Quick Ratio is 1.03 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.
Alpex Solar Ltd is a solar photovoltaic (PV) module manufacturer in India. Its PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. The company portfolio of solar energy products consists of bifacial, mono PERC, Halfcut solar PV modules, and also provides integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories. Geographically, the company generates the majority of its revenue from India.
55GF Score
Get the complete analysis for NSE:ALPEXSOLAR
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ALPEXSOLAR has been successfully added to your 
