Fortis HealthcareNSE:FORTIS -0.04%86 Quick Ratio is 0.80 as of Mar. 2026, which is 1% above its 10-year median of 0.79. GuruFocus rates NSE:FORTIS with a GF Score™ of 86/100 and a GF Value™ of ₹809.73 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 681 Healthcare Providers & Services companies, Fortis Healthcare ranks worse than 73.13% on this metric.
Fortis Healthcare has a quick ratio of 0.80. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Fortis Healthcare's Quick Ratio or its related term are showing as below:
NSE:FORTIS'
s Quick Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.79 Max: 0.9
Current: 0.8
During the past 13 years, Fortis Healthcare's highest Quick Ratio was 0.90. The lowest was 0.33. And the median was 0.79.
NSE:FORTIS's Quick Ratio is ranked worse than 73.13% of 681
companies
in the Healthcare Providers & Services industry
Industry Median: 1.32
vs NSE:FORTIS: 0.80
Fortis Healthcare (NSE:FORTIS) 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.
Fortis Healthcare Quick Ratio Related Terms
Fortis Healthcare Quick Ratio Historical Data
* Premium members only.
The historical data trend for Fortis Healthcare'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.
NSE:FORTIS vs HCA, THC, DVA: Quick Ratio Comparison
For the Medical Care Facilities subindustry, Fortis Healthcare'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.
Fortis Healthcare Quick Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Fortis Healthcare's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Fortis Healthcare'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.
Fortis Healthcare's Quick Ratio for the fiscal year that ended in Mar. 2026 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.
Fortis Healthcare (NSE:FORTIS) has a Quick Ratio of 0.80 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Fortis Healthcare and its competitors. This is near median its historical median of 0.79. Over the past decade, Fortis Healthcare's Quick Ratio has ranged from 0.33 to 0.90. According to the industry distribution chart, Fortis Healthcare ranks #498 out of 681 companies in the Healthcare Providers & Services industry, placing it in the top 73.1%.
Is Fortis Healthcare's Quick Ratio too high?
Fortis Healthcare's current Quick Ratio of 0.80 is near median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.90. The Healthcare Providers & Services industry median Quick Ratio is 1.32. Fortis Healthcare's value of 0.80 is 39.4% below this industry median. Based on the distribution chart, Fortis Healthcare ranks #498 out of 681 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Fortis Healthcare has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortis Healthcare's Quick Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Fortis Healthcare ranks #498 out of 681 companies for Quick Ratio. This places Fortis Healthcare in the lower half of its industry. The industry median Quick Ratio is 1.32. Fortis Healthcare's value of 0.80 is 39.4% below this benchmark. Historically, Fortis Healthcare's own Quick Ratio has ranged from 0.33 to 0.90 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.32, Fortis Healthcare 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 Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.32, based on 681 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. Fortis Healthcare's current Quick Ratio of 0.80 is 39.4% 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 Fortis Healthcare and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortis Healthcare's current Quick Ratio is 0.80, which is near median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortis Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Fortis Healthcare (NSE:FORTIS) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹809.73, compared to a current price of ₹974.60 — trading 20.4% above its estimated fair value. The current Quick Ratio is 0.80, which is near median its 10-year median of 0.79 and 39.4% below the Healthcare Providers & Services industry median of 1.32. Fortis Healthcare's overall GF Score™ is 86/100 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 Fortis Healthcare (NSE:FORTIS), the current Quick Ratio is 0.80 as of Mar. 2026. 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 Fortis Healthcare (NSE:FORTIS) Overvalued in 2026?
Based on GuruFocus' analysis, Fortis Healthcare stock appears to be overvalued.
The current stock price of ₹974.60 is trading 20.4% above its estimated GF Value™ of ₹809.73.
GuruFocus considers Fortis Healthcare to be Modestly Overvalued.
Key valuation signals for NSE:FORTIS:
Quick Ratio: 0.80 (near median its 10-year median of 0.79)
GF Value™: ₹809.73 vs. price of ₹974.60 (20.4% above fair value)
Industry Position: 39.4% below the Healthcare Providers & Services median (#498 of 681)
No single metric tells the full story. See the NSE:FORTIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortis Healthcare Ltd provides integrated healthcare delivery services in India. The company manages healthcare centers including hospitals, diagnostics, and day care specialty facilities. The company's key specialty in its hospital business is cardiac sciences. It is predominantly engaged in the business of healthcare services which is the only reportable segment. The company's key hospitals include Fortis Escorts Heart Institute in Dehli, Fortis Mulund in Mumbai, and Fortis Hospital in Bengaluru. The majority of the company's revenue is derived from India.
86GF Score
Get the complete analysis for NSE:FORTIS
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:FORTIS has been successfully added to your 
