Emkay Tools (NSE:ETL) Quick Ratio: 0.00 (As of . 20)

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NSE:ETL Emkay Tools Ltd NSE:ETL
2 GF Score
Price ₹970.05
! 1 Warning Sign
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What is Emkay Tools Quick Ratio?

Emkay Tools NSE:ETL 2 Quick Ratio is 0.00 as of . 20. GuruFocus rates NSE:ETL with a GF Score™ of 2/100. The stock has 1 warning sign investors should review. Among 3,070 Industrial Products companies, Emkay Tools ranks worse than 32573.26% 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. Emkay Tools's quick ratio for the quarter that ended in . 20 was 0.00.

Emkay Tools has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Emkay Tools's Quick Ratio or its related term are showing as below:

NSE:ETL's Quick Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.39
* Ranked among companies with meaningful Quick Ratio only.

Emkay Tools  (NSE:ETL) 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.


Emkay Tools Quick Ratio Related Terms


Emkay Tools Quick Ratio Historical Data

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The historical data trend for Emkay Tools'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.

Emkay Tools Quick Ratio Chart

Emkay Tools Annual Data
Trend
Quick Ratio

Emkay Tools Semi-Annual Data
Quick Ratio

NSE:ETL vs SNA, RBC, LECO: Quick Ratio Comparison

For the Tools & Accessories subindustry, Emkay Tools'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.


Emkay Tools Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Emkay Tools's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Emkay Tools's Quick Ratio falls into.


NSE:ETL
2GF Score
Emkay Tools Ltd NSE:ETL
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Emkay Tools 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.

Emkay Tools's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Emkay Tools's Quick Ratio for the quarter that ended in . 20 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.00 mean?
Emkay Tools (NSE:ETL) has a Quick Ratio of 0.00 as of . 20. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Emkay Tools and its competitors. According to the industry distribution chart, Emkay Tools ranks #999999 out of 3070 companies in the Industrial Products industry.
Is Emkay Tools' Quick Ratio too high?
Emkay Tools' current Quick Ratio is 0.00. Based on the distribution chart, Emkay Tools ranks #999999 out of 3070 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Emkay Tools has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Emkay Tools' Quick Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Emkay Tools ranks #999999 out of 3070 companies for Quick Ratio. This places Emkay Tools in the lower half of its industry. The industry median Quick Ratio is 1.39. 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 3,070 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 Emkay Tools 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. Emkay Tools'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 Emkay Tools stock overvalued right now?
Emkay Tools (NSE:ETL) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. Emkay Tools' overall GF Score™ is 2/100 with 1 warning sign 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 Emkay Tools (NSE:ETL), the current Quick Ratio is 0.00 as of . 20. 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.

Emkay Tools Business Description

Address Hingna Road, B-27 & B-27/1, M.I.D.C, Industrial Area, Nagpur, MH, IND, 440 016
Emkay Tools Ltd believes in working together with the user industry to find solutions wherever improvements for tapping requirements are needed. It is engaged in designing and producing quality thread-cutting taps that are setting new standards for productivity.
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