DCG Cables & Wires (NSE:DCG) Quick Ratio: 1.10 (As of Mar. 2025) — Near Median


NSE:DCG DCG Cables & Wires Ltd NSE:DCG
17 GF Score
Price ₹54.60
! 3 Warning Signs
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What is DCG Cables & Wires Quick Ratio?

DCG Cables & Wires NSE:DCG -3.36% 17 Quick Ratio is 1.10 as of Mar. 2025, which is at its 10-year median of 1.10. GuruFocus rates NSE:DCG with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 3,071 Industrial Products companies, DCG Cables & Wires ranks worse than 64.02% 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. DCG Cables & Wires's quick ratio for the quarter that ended in Mar. 2025 was 1.10.

DCG Cables & Wires has a quick ratio of 1.10. It generally indicates good short-term financial strength.

The historical rank and industry rank for DCG Cables & Wires's Quick Ratio or its related term are showing as below:

NSE:DCG' s Quick Ratio Range Over the Past 10 Years
Min: 1   Med: 1.1   Max: 1.38
Current: 1.1

During the past 5 years, DCG Cables & Wires's highest Quick Ratio was 1.38. The lowest was 1.00. And the median was 1.10.

NSE:DCG's Quick Ratio is ranked worse than
64.02% of 3071 companies
in the Industrial Products industry
Industry Median: 1.39 vs NSE:DCG: 1.10

DCG Cables & Wires  (NSE:DCG) 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.


DCG Cables & Wires Quick Ratio Related Terms


DCG Cables & Wires Quick Ratio Historical Data

* Premium members only.

The historical data trend for DCG Cables & Wires'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.

DCG Cables & Wires Quick Ratio Chart

DCG Cables & Wires Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Quick Ratio
1.09 1.38 1.37 1.00 1.10

DCG Cables & Wires Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Quick Ratio 1.09 1.38 1.37 1.00 1.10

NSE:DCG vs VRT, BE: Quick Ratio Comparison

For the Electrical Equipment & Parts subindustry, DCG Cables & Wires'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.


DCG Cables & Wires Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, DCG Cables & Wires's Quick Ratio distribution charts can be found below:

* The bar in red indicates where DCG Cables & Wires's Quick Ratio falls into.


NSE:DCG
17GF Score
DCG Cables & Wires Ltd NSE:DCG
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DCG Cables & Wires 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.

DCG Cables & Wires's Quick Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Quick Ratio (A: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(789.646-364.849)/385.889
=1.10

DCG Cables & Wires's Quick Ratio for the quarter that ended in Mar. 2025 is calculated as

Quick Ratio (Q: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(789.646-364.849)/385.889
=1.10

* 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 1.10 mean?
DCG Cables & Wires (NSE:DCG) has a Quick Ratio of 1.10 as of Mar. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on DCG Cables & Wires and its competitors. This is near median its historical median of 1.10. Over the past decade, DCG Cables & Wires' Quick Ratio has ranged from 1.00 to 1.38. According to the industry distribution chart, DCG Cables & Wires ranks #1966 out of 3071 companies in the Industrial Products industry, placing it in the top 64%.
Is DCG Cables & Wires' Quick Ratio too high?
DCG Cables & Wires' current Quick Ratio of 1.10 is near median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 1.38. The Industrial Products industry median Quick Ratio is 1.39. DCG Cables & Wires' value of 1.10 is 20.9% below this industry median. Based on the distribution chart, DCG Cables & Wires ranks #1966 out of 3071 companies in the Industrial Products industry, which is below the industry midpoint. Overall, DCG Cables & Wires has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does DCG Cables & Wires' Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, DCG Cables & Wires ranks #1966 out of 3071 companies for Quick Ratio. This places DCG Cables & Wires in the lower half of its industry. The industry median Quick Ratio is 1.39. DCG Cables & Wires' value of 1.10 is 20.9% below this benchmark. Historically, DCG Cables & Wires' own Quick Ratio has ranged from 1.00 to 1.38 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 1.39, DCG Cables & Wires 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,071 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. DCG Cables & Wires's current Quick Ratio of 1.10 is 20.9% 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 DCG Cables & Wires and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DCG Cables & Wires's current Quick Ratio is 1.10, which is near median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DCG Cables & Wires stock overvalued right now?
DCG Cables & Wires (NSE:DCG) has a current Quick Ratio of 1.10. The current Quick Ratio is 1.10, which is near median its 10-year median of 1.10 and 20.9% below the Industrial Products industry median of 1.39. DCG Cables & Wires' overall GF Score™ is 17/100 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 DCG Cables & Wires (NSE:DCG), the current Quick Ratio is 1.10 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.

DCG Cables & Wires Business Description

Address Survey no 741, Near Atul Green Bricks, Bhayala, Bavla, Ahmedabad, GJ, IND, 382415
DCG Cables & Wires Ltd is a manufacturer of copper cables and wires. It focus is on manufacturing of different types of copper cables which finds application in Transformers that consists of Copper Strips, Paper Covered Copper Strips and Wires (Kraft/Crepe/Nomex/Mica) Bare Copper Wires and Strips, Copper Tapes and Fiber Glass Copper. It also provide paper-covered copper conductors in both rectangular and round shapes, as well as multi-paper-covered copper conductors and connection cables designed specifically for transformers.
17GF Score

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