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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. Bright Solar's quick ratio for the quarter that ended in Mar. 2025 was 2.59.
Bright Solar has a quick ratio of 2.59. It generally indicates good short-term financial strength.
The historical rank and industry rank for Bright Solar's Quick Ratio or its related term are showing as below:
NSE:BRIGHT's Quick Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 1.845 * Ranked among companies with meaningful Quick Ratio only.
Bright Solar (NSE:BRIGHT) 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.
Bright Solar Quick Ratio Related Terms
Bright Solar Quick Ratio Historical Data
* Premium members only.
The historical data trend for Bright 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:BRIGHT vs FSLR, ENPH, NXT: Quick Ratio Comparison
For the Solar subindustry, Bright 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.
Bright Solar Quick Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Bright Solar's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Bright 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.
Bright Solar's Quick Ratio for the fiscal year that ended in Mar. 2025 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.
Bright Solar (NSE:BRIGHT) has a Quick Ratio of 2.59 as of Mar. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Bright Solar and its competitors.
Is Bright Solar's Quick Ratio too high?
Bright Solar's current Quick Ratio is 2.59. The Semiconductors industry median Quick Ratio is 1.85. Bright Solar's value of 2.59 is 40.4% above this industry median. Overall, Bright Solar has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Bright Solar's Quick Ratio compare to FSLR and ENPH?
Bright Solar's Quick Ratio of 2.59 can be compared against companies in the Semiconductors industry. The industry median Quick Ratio is 1.85. Bright Solar's value of 2.59 is 40.4% above this benchmark. 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 1,028 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. Bright Solar's current Quick Ratio of 2.59 is 40.4% 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 Bright 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. Bright Solar's current Quick Ratio is 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Solar stock overvalued right now?
Bright Solar (NSE:BRIGHT) has a current Quick Ratio of 2.59. The current Quick Ratio is 2.59 and 40.4% above the Semiconductors industry median of 1.85. Bright Solar's overall GF Score™ is 6/100. 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 Bright Solar (NSE:BRIGHT), the current Quick Ratio is 2.59 as of Mar. 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.
Bright Solar Ltd is engaged in the business of manufacturing of solar pump and pumping system & other solar products and Infrastructure projects which includes Rural water supply projects & EPC projects of Water treatment & Sewerage treatment plant unit. Its product offerings include solar water pumping systems, DC solar pumps, AC solar pumps, and others. The operating segments of the company are Solar Water Pumping and Other Solar System; Sale of Services- Installation of Systems and Consulting of Project Tendering, Infrastructure projects, FMCG Business and Drone Services Business. The company generates the majority of its revenue from Solar Water Pumping and other system sales.
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