Exim Routes (NSE:EXIMROUTES) Quick Ratio: 1.90 (As of Mar. 2025) — 47% Above Median


NSE:EXIMROUTES Exim Routes Ltd NSE:EXIMROUTES
18 GF Score
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What is Exim Routes Quick Ratio?

Exim Routes NSE:EXIMROUTES -0.95% 18 Quick Ratio is 1.90 as of Mar. 2025, which is 47% above its 10-year median of 1.29. GuruFocus rates NSE:EXIMROUTES with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 246 Waste Management companies, Exim Routes ranks better than 65.45% 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. Exim Routes's quick ratio for the quarter that ended in Mar. 2025 was 1.90.

Exim Routes has a quick ratio of 1.90. It generally indicates good short-term financial strength.

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

NSE:EXIMROUTES' s Quick Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.29   Max: 1.9
Current: 1.9

During the past 3 years, Exim Routes's highest Quick Ratio was 1.90. The lowest was 1.01. And the median was 1.29.

NSE:EXIMROUTES's Quick Ratio is ranked better than
65.45% of 246 companies
in the Waste Management industry
Industry Median: 1.405 vs NSE:EXIMROUTES: 1.90

Exim Routes  (NSE:EXIMROUTES) 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.


Exim Routes Quick Ratio Related Terms


Exim Routes Quick Ratio Historical Data

* Premium members only.

The historical data trend for Exim Routes'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.

Exim Routes Quick Ratio Chart

Exim Routes Annual Data
Trend Mar23 Mar24 Mar25
Quick Ratio
1.01 1.29 1.90

Exim Routes Semi-Annual Data
Mar23 Mar24 Mar25
Quick Ratio 1.01 1.29 1.90

NSE:EXIMROUTES vs WM, RSG, WCN: Quick Ratio Comparison

For the Waste Management subindustry, Exim Routes'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.


Exim Routes Quick Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Exim Routes's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Exim Routes's Quick Ratio falls into.


NSE:EXIMROUTES
18GF Score
Exim Routes Ltd NSE:EXIMROUTES
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Exim Routes 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.

Exim Routes'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
=(421.915-1.891)/220.701
=1.90

Exim Routes'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
=(421.915-1.891)/220.701
=1.90

* 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 1.90 mean?
Exim Routes (NSE:EXIMROUTES) has a Quick Ratio of 1.90 as of Mar. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Exim Routes and its competitors. This is 47% above median its historical median of 1.29. Over the past decade, Exim Routes' Quick Ratio has ranged from 1.01 to 1.90. According to the industry distribution chart, Exim Routes ranks #85 out of 246 companies in the Waste Management industry, placing it in the top 34.6%.
Is Exim Routes' Quick Ratio too high?
Exim Routes' current Quick Ratio of 1.90 is 47% above median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 1.90. The Waste Management industry median Quick Ratio is 1.41. Exim Routes' value of 1.90 is 35.2% above this industry median. Based on the distribution chart, Exim Routes ranks #85 out of 246 companies in the Waste Management industry, which is above the industry midpoint. Overall, Exim Routes has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Exim Routes' Quick Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Exim Routes ranks #85 out of 246 companies for Quick Ratio. This puts Exim Routes in the upper half of its industry. The industry median Quick Ratio is 1.41. Exim Routes' value of 1.90 is 35.2% above this benchmark. Historically, Exim Routes' own Quick Ratio has ranged from 1.01 to 1.90 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 1.41, Exim Routes has consistently been above 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 Waste Management company?
The median Quick Ratio among Waste Management companies is 1.41, based on 246 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. Exim Routes's current Quick Ratio of 1.90 is 35.2% 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 Exim Routes and its competitors. For the Waste Management industry, the median Quick Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exim Routes's current Quick Ratio is 1.90, which is 47% above median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exim Routes stock overvalued right now?
Exim Routes (NSE:EXIMROUTES) has a current Quick Ratio of 1.90. The current Quick Ratio is 1.90, which is 47% above median its 10-year median of 1.29 and 35.2% above the Waste Management industry median of 1.41. Exim Routes' overall GF Score™ is 18/100 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 Exim Routes (NSE:EXIMROUTES), the current Quick Ratio is 1.90 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.

Exim Routes Business Description

Address Golf Course Extension Road, Sector 65, Unit No 421, 4th Floor, Suncity Success Tower, Gurugram, HR, IND, 122101
Exim Routes Ltd operates as a platform facilitating the exchange of recyclable paper materials, providing services to Indian paper mills that include sourcing and procurement of waste paper, quality assurance, and logistics. To support its operations, it has developed the Exim Routes Intelligence System (ERIS), an AI-powered B2B digital platform designed to perform four primary functions: Supply Chain Operations and Offer Management, Customer and Partner Enablement, Market Intelligence and Data Layer, and Logistics Integration.
18GF Score

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