Felix IndustriesNSE:FELIX -2.45%83 Quick Ratio is 2.24 as of Sep. 2025, which is 11% above its 10-year median of 2.01. GuruFocus rates NSE:FELIX with a GF Score™ of 83/100 and a GF Value™ of ₹199.94 (Fairly Valued). The stock has 6 warning signs investors should review. Among 246 Waste Management companies, Felix Industries ranks better than 73.17% on this metric.
Felix Industries has a quick ratio of 2.24. It generally indicates good short-term financial strength.
The historical rank and industry rank for Felix Industries's Quick Ratio or its related term are showing as below:
NSE:FELIX'
s Quick Ratio Range Over the Past 10 Years
Min: 1.06 Med: 2.01 Max: 5.97
Current: 2.24
During the past 13 years, Felix Industries's highest Quick Ratio was 5.97. The lowest was 1.06. And the median was 2.01.
NSE:FELIX's Quick Ratio is ranked better than 73.17% of 246
companies
in the Waste Management industry
Industry Median: 1.405
vs NSE:FELIX: 2.24
Felix Industries (NSE:FELIX) 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.
Felix Industries Quick Ratio Related Terms
Felix Industries Quick Ratio Historical Data
* Premium members only.
The historical data trend for Felix Industries'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.
For the Waste Management subindustry, Felix Industries'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.
Felix Industries Quick Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Felix Industries's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Felix Industries'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.
Felix Industries'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.
Felix Industries (NSE:FELIX) has a Quick Ratio of 2.24 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Felix Industries and its competitors. This is 11% above median its historical median of 2.01. Over the past decade, Felix Industries' Quick Ratio has ranged from 1.06 to 5.97. According to the industry distribution chart, Felix Industries ranks #66 out of 246 companies in the Waste Management industry, placing it in the top 26.8%.
Is Felix Industries' Quick Ratio too high?
Felix Industries' current Quick Ratio of 2.24 is 11% above median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 5.97. The Waste Management industry median Quick Ratio is 1.41. Felix Industries' value of 2.24 is 59.4% above this industry median. Based on the distribution chart, Felix Industries ranks #66 out of 246 companies in the Waste Management industry, which is above the industry midpoint. Overall, Felix Industries has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Felix Industries' Quick Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Felix Industries ranks #66 out of 246 companies for Quick Ratio. This puts Felix Industries in the upper half of its industry. The industry median Quick Ratio is 1.41. Felix Industries' value of 2.24 is 59.4% above this benchmark. Historically, Felix Industries' own Quick Ratio has ranged from 1.06 to 5.97 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 1.41, Felix Industries 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. Felix Industries's current Quick Ratio of 2.24 is 59.4% 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 Felix Industries 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. Felix Industries's current Quick Ratio is 2.24, which is 11% above median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Felix Industries stock overvalued right now?
Based on GuruFocus' analysis, Felix Industries (NSE:FELIX) is currently considered Fairly Valued. The stock's GF Value™ is ₹199.94, compared to a current price of ₹186.75 — trading 6.6% below its estimated fair value. The current Quick Ratio is 2.24, which is 11% above median its 10-year median of 2.01 and 59.4% above the Waste Management industry median of 1.41. Felix Industries' overall GF Score™ is 83/100 with 6 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 Felix Industries (NSE:FELIX), the current Quick Ratio is 2.24 as of Sep. 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.
Is Felix Industries (NSE:FELIX) Overvalued in 2026?
Based on GuruFocus' analysis, Felix Industries stock appears to be undervalued.
The current stock price of ₹186.75 is trading 6.6% below its estimated GF Value™ of ₹199.94.
GuruFocus considers Felix Industries to be Fairly Valued.
Key valuation signals for NSE:FELIX:
Quick Ratio: 2.24 (11% above median its 10-year median of 2.01)
GF Value™: ₹199.94 vs. price of ₹186.75 (6.6% below fair value)
Industry Position: 59.4% above the Waste Management median (#66 of 246)
No single metric tells the full story. See the NSE:FELIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Felix Industries Ltd is an Indian company engaged in water collection, treatment, and supply. It offers solutions for water and wastewater management by way of Reverse Osmosis Systems, Effluent Recycling Systems, and Zero Liquid Discharge Systems. The company provides services in the areas of water and wastewater engineering, industrial piping division, and E-waste recycling. The group operates in two different geographical territories, i.e., India and Oman. It generates the majority of its revenue within India.
83GF Score
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