Ashapura MinechemNSE:ASHAPURMIN +0.11%80 Quick Ratio is 1.05 as of Mar. 2026, which is 30% above its 10-year median of 0.81. GuruFocus rates NSE:ASHAPURMIN with a GF Score™ of 80/100 and a GF Value™ of ₹760.61 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,636 Metals & Mining companies, Ashapura Minechem ranks worse than 68.17% on this metric.
Ashapura Minechem has a quick ratio of 1.05. It generally indicates good short-term financial strength.
The historical rank and industry rank for Ashapura Minechem's Quick Ratio or its related term are showing as below:
NSE:ASHAPURMIN'
s Quick Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.81 Max: 1.05
Current: 1.05
During the past 13 years, Ashapura Minechem's highest Quick Ratio was 1.05. The lowest was 0.33. And the median was 0.81.
NSE:ASHAPURMIN's Quick Ratio is ranked worse than 68.17% of 2636
companies
in the Metals & Mining industry
Industry Median: 2.325
vs NSE:ASHAPURMIN: 1.05
Ashapura Minechem (NSE:ASHAPURMIN) 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.
Ashapura Minechem Quick Ratio Related Terms
Ashapura Minechem Quick Ratio Historical Data
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The historical data trend for Ashapura Minechem'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.
Ashapura Minechem Quick Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Ashapura Minechem'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.
Ashapura Minechem Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ashapura Minechem's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Ashapura Minechem'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.
Ashapura Minechem'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.
Ashapura Minechem (NSE:ASHAPURMIN) has a Quick Ratio of 1.05 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ashapura Minechem and its competitors. This is 30% above median its historical median of 0.81. Over the past decade, Ashapura Minechem's Quick Ratio has ranged from 0.33 to 1.05. According to the industry distribution chart, Ashapura Minechem ranks #1797 out of 2636 companies in the Metals & Mining industry, placing it in the top 68.2%.
Is Ashapura Minechem's Quick Ratio too high?
Ashapura Minechem's current Quick Ratio of 1.05 is 30% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 1.05. The Metals & Mining industry median Quick Ratio is 2.33. Ashapura Minechem's value of 1.05 is 54.8% below this industry median. Based on the distribution chart, Ashapura Minechem ranks #1797 out of 2636 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Ashapura Minechem has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashapura Minechem's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Ashapura Minechem ranks #1797 out of 2636 companies for Quick Ratio. This places Ashapura Minechem in the lower half of its industry. The industry median Quick Ratio is 2.33. Ashapura Minechem's value of 1.05 is 54.8% below this benchmark. Historically, Ashapura Minechem's own Quick Ratio has ranged from 0.33 to 1.05 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 2.33, Ashapura Minechem 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 Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.33, based on 2,636 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. Ashapura Minechem's current Quick Ratio of 1.05 is 54.8% 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 Ashapura Minechem and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashapura Minechem's current Quick Ratio is 1.05, which is 30% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashapura Minechem stock overvalued right now?
Based on GuruFocus' analysis, Ashapura Minechem (NSE:ASHAPURMIN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹760.61, compared to a current price of ₹672.05 — trading 11.6% below its estimated fair value. The current Quick Ratio is 1.05, which is 30% above median its 10-year median of 0.81 and 54.8% below the Metals & Mining industry median of 2.33. Ashapura Minechem's overall GF Score™ is 80/100 with 3 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 Ashapura Minechem (NSE:ASHAPURMIN), the current Quick Ratio is 1.05 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.
Is Ashapura Minechem (NSE:ASHAPURMIN) Overvalued in 2026?
Based on GuruFocus' analysis, Ashapura Minechem stock appears to be undervalued.
The current stock price of ₹672.05 is trading 11.6% below its estimated GF Value™ of ₹760.61.
GuruFocus considers Ashapura Minechem to be Modestly Undervalued.
Key valuation signals for NSE:ASHAPURMIN:
Quick Ratio: 1.05 (30% above median its 10-year median of 0.81)
GF Value™: ₹760.61 vs. price of ₹672.05 (11.6% below fair value)
Industry Position: 54.8% below the Metals & Mining median (#1797 of 2636)
No single metric tells the full story. See the NSE:ASHAPURMIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashapura Minechem Ltd is engaged in the mining, manufacturing, and trading of various minerals and their derivative products, and related services. The primary products of the company include bentonite, bauxite, kaolin, Calcined China Clay (CCC), and Ground Calcium Carbonate (GCC). The group has a single segment: Minerals and its derivative products. The majority of its revenue is generated through exports.
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