Forge Auto InternationalNSE:FORGEAUTO 27 Quick Ratio is 0.60 as of Mar. 2025, which is at its 10-year median of 0.60. GuruFocus rates NSE:FORGEAUTO with a GF Score™ of 27/100. The stock has 3 warning signs investors should review. Among 1,336 Vehicles & Parts companies, Forge Auto International ranks worse than 82.34% on this metric.
Forge Auto International has a quick ratio of 0.60. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Forge Auto International's Quick Ratio or its related term are showing as below:
NSE:FORGEAUTO'
s Quick Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.6 Max: 0.6
Current: 0.6
During the past 4 years, Forge Auto International's highest Quick Ratio was 0.60. The lowest was 0.47. And the median was 0.60.
NSE:FORGEAUTO's Quick Ratio is ranked worse than 82.34% of 1336
companies
in the Vehicles & Parts industry
Industry Median: 1.055
vs NSE:FORGEAUTO: 0.60
Forge Auto International (NSE:FORGEAUTO) 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.
Forge Auto International Quick Ratio Related Terms
Forge Auto International 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.
Forge Auto International Quick Ratio Chart
Forge Auto International Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Quick Ratio
0.60
0.59
0.47
0.60
Forge Auto International Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Quick Ratio
0.60
0.59
0.47
0.60
NSE:FORGEAUTO vs ORLY, AZO: Quick Ratio Comparison
For the Auto Parts subindustry, Forge Auto International'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.
Forge Auto International Quick Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Forge Auto International's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Forge Auto International'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.
Forge Auto International'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.
Forge Auto International (NSE:FORGEAUTO) has a Quick Ratio of 0.60 as of Mar. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Forge Auto International and its competitors. This is near median its historical median of 0.60. Over the past decade, Forge Auto International's Quick Ratio has ranged from 0.47 to 0.60. According to the industry distribution chart, Forge Auto International ranks #1100 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 82.3%.
Is Forge Auto International's Quick Ratio too high?
Forge Auto International's current Quick Ratio of 0.60 is near median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 0.60. The Vehicles & Parts industry median Quick Ratio is 1.06. Forge Auto International's value of 0.60 is 43.1% below this industry median. Based on the distribution chart, Forge Auto International ranks #1100 out of 1336 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Forge Auto International has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Forge Auto International's Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Forge Auto International ranks #1100 out of 1336 companies for Quick Ratio. This places Forge Auto International in the lower half of its industry. The industry median Quick Ratio is 1.06. Forge Auto International's value of 0.60 is 43.1% below this benchmark. Historically, Forge Auto International's own Quick Ratio has ranged from 0.47 to 0.60 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.06, Forge Auto International 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 a Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.06, based on 1,336 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. Forge Auto International's current Quick Ratio of 0.60 is 43.1% 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 Forge Auto International and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forge Auto International's current Quick Ratio is 0.60, which is near median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forge Auto International stock overvalued right now?
Forge Auto International (NSE:FORGEAUTO) has a current Quick Ratio of 0.60. The current Quick Ratio is 0.60, which is near median its 10-year median of 0.60 and 43.1% below the Vehicles & Parts industry median of 1.06. Forge Auto International's overall GF Score™ is 27/100 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 Forge Auto International (NSE:FORGEAUTO), the current Quick Ratio is 0.60 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.
Forge Auto International Ltd is an engineering company engaged in forging and manufacturing of complex and safety-critical, forged and precision machined components such as big rings, small rings, big ball studs, gear blank with a broach, stub axle assembly, flange yoke 325 HS, catering to different industry sectors like auto industry including automobiles, tractors, railways etc. and non-auto sectors like agriculture parts, hydraulic parts, striking tools etc. It serves its customers comprising of domestic and global original equipment manufacturers (OEMs) engaged in manufacturing for both the automotive sector and other nonautomotive sector, used across industries by a diversified base of customers.
27GF Score
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