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Confidence Futuristic Energetech (NSE:CFEL) 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.
Confidence Futuristic Energetech Quick Ratio Related Terms
Confidence Futuristic Energetech Quick Ratio Historical Data
* 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.
Confidence Futuristic Energetech Quick Ratio Chart
For the Utilities - Regulated Gas subindustry, Confidence Futuristic Energetech'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.
Confidence Futuristic Energetech Quick Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Confidence Futuristic Energetech's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Confidence Futuristic Energetech's Quick Ratio falls into.
Confidence Futuristic Energetech 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.
* 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.
Confidence Futuristic Energetech (NSE:CFEL) has a Quick Ratio of 0.00 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Confidence Futuristic Energetech and its competitors. Over the past decade, Confidence Futuristic Energetech's Quick Ratio has ranged from 0.26 to 3.58. According to the industry distribution chart, Confidence Futuristic Energetech ranks #117 out of 505 companies in the Utilities - Regulated industry, placing it in the top 23.2%.
Is Confidence Futuristic Energetech's Quick Ratio too high?
Confidence Futuristic Energetech's current Quick Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 3.58. Based on the distribution chart, Confidence Futuristic Energetech ranks #117 out of 505 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Confidence Futuristic Energetech has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Confidence Futuristic Energetech's Quick Ratio compare to ?
According to the Utilities - Regulated industry distribution chart, Confidence Futuristic Energetech ranks #117 out of 505 companies for Quick Ratio. This places Confidence Futuristic Energetech in the top 23% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.00. Historically, Confidence Futuristic Energetech's own Quick Ratio has ranged from 0.26 to 3.58 over the past decade. 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 Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.00, based on 505 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. 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 Confidence Futuristic Energetech and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Confidence Futuristic Energetech's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Confidence Futuristic Energetech stock overvalued right now?
Based on GuruFocus' analysis, Confidence Futuristic Energetech (NSE:CFEL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹52.26, compared to a current price of ₹30.24 — trading 42.1% below its estimated fair value. The current Quick Ratio is 0.00. Confidence Futuristic Energetech's overall GF Score™ is 59/100 with 10 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 Confidence Futuristic Energetech (NSE:CFEL), the current Quick Ratio is 0.00 as of Jun. 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 Confidence Futuristic Energetech (NSE:CFEL) Overvalued in 2026?
Based on GuruFocus' analysis, Confidence Futuristic Energetech stock appears to be undervalued.
The current stock price of ₹30.24 is trading 42.1% below its estimated GF Value™ of ₹52.26.
GuruFocus considers Confidence Futuristic Energetech to be Possible Value Trap.
Key valuation signals for NSE:CFEL:
Quick Ratio: 0.00
GF Value™: ₹52.26 vs. price of ₹30.24 (42.1% below fair value)
No single metric tells the full story. See the NSE:CFEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Confidence Futuristic Energetech Ltd, along with its subsidiary entities, is actively engaged in the manufacturing and supply of high-pressure CNG cylinders, LPG cylinders, CNG cascades, medical oxygen cylinders, and seamless steel gas cylinders for industrial gases. It offers a wide range of onboard CNG cylinder sizes at competitive prices, making CNG a more affordable and accessible option for consumers transitioning to cleaner fuel alternatives. The company is involved in the Parallel LPG Market by the name of Pack Cylinder Division with GO GAS ELITE as its brand, and is into selling LPG to both domestic and commercial users at competitive rates. Its operating segments are: Cylinder Division, which generates the maximum revenue, and LPG Division.
59GF Score
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