Frog InnovationsNSE:FROG +4.97%70 Quick Ratio is 2.06 as of Sep. 2025, which is 26% above its 10-year median of 1.63. GuruFocus rates NSE:FROG with a GF Score™ of 70/100 and a GF Value™ of ₹344.02 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,496 Hardware companies, Frog Innovations ranks better than 67.59% on this metric.
Frog Innovations has a quick ratio of 2.06. It generally indicates good short-term financial strength.
The historical rank and industry rank for Frog Innovations's Quick Ratio or its related term are showing as below:
NSE:FROG'
s Quick Ratio Range Over the Past 10 Years
Min: 1.06 Med: 1.63 Max: 2.82
Current: 2.06
During the past 6 years, Frog Innovations's highest Quick Ratio was 2.82. The lowest was 1.06. And the median was 1.63.
NSE:FROG's Quick Ratio is ranked better than 67.59% of 2496
companies
in the Hardware industry
Industry Median: 1.46
vs NSE:FROG: 2.06
Frog Innovations (NSE:FROG) 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.
Frog Innovations Quick Ratio Related Terms
Frog Innovations Quick Ratio Historical Data
* Premium members only.
The historical data trend for Frog Innovations'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:FROG vs CSCO, CIEN, MSI: Quick Ratio Comparison
For the Communication Equipment subindustry, Frog Innovations'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.
Frog Innovations Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Frog Innovations's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Frog Innovations'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.
Frog Innovations'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.
Frog Innovations (NSE:FROG) has a Quick Ratio of 2.06 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Frog Innovations and its competitors. This is 26% above median its historical median of 1.63. Over the past decade, Frog Innovations' Quick Ratio has ranged from 1.06 to 2.82. According to the industry distribution chart, Frog Innovations ranks #809 out of 2496 companies in the Hardware industry, placing it in the top 32.4%.
Is Frog Innovations' Quick Ratio too high?
Frog Innovations' current Quick Ratio of 2.06 is 26% above median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 2.82. The Hardware industry median Quick Ratio is 1.46. Frog Innovations' value of 2.06 is 41.1% above this industry median. Based on the distribution chart, Frog Innovations ranks #809 out of 2496 companies in the Hardware industry, which is above the industry midpoint. Overall, Frog Innovations has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Frog Innovations' Quick Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Frog Innovations ranks #809 out of 2496 companies for Quick Ratio. This puts Frog Innovations in the upper half of its industry. The industry median Quick Ratio is 1.46. Frog Innovations' value of 2.06 is 41.1% above this benchmark. Historically, Frog Innovations' own Quick Ratio has ranged from 1.06 to 2.82 over the past decade. While the company's 10-year median is 1.63 vs. the industry median of 1.46, Frog Innovations 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,496 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. Frog Innovations's current Quick Ratio of 2.06 is 41.1% 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 Frog Innovations and its competitors. For the Hardware industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frog Innovations's current Quick Ratio is 2.06, which is 26% above median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frog Innovations stock overvalued right now?
Based on GuruFocus' analysis, Frog Innovations (NSE:FROG) is currently considered Possible Value Trap. The stock's GF Value™ is ₹344.02, compared to a current price of ₹168.05 — trading 51.2% below its estimated fair value. The current Quick Ratio is 2.06, which is 26% above median its 10-year median of 1.63 and 41.1% above the Hardware industry median of 1.46. Frog Innovations' overall GF Score™ is 70/100 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 Frog Innovations (NSE:FROG), the current Quick Ratio is 2.06 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 Frog Innovations (NSE:FROG) Overvalued in 2026?
Based on GuruFocus' analysis, Frog Innovations stock appears to be undervalued.
The current stock price of ₹168.05 is trading 51.2% below its estimated GF Value™ of ₹344.02.
GuruFocus considers Frog Innovations to be Possible Value Trap.
Key valuation signals for NSE:FROG:
Quick Ratio: 2.06 (26% above median its 10-year median of 1.63)
GF Value™: ₹344.02 vs. price of ₹168.05 (51.2% below fair value)
Industry Position: 41.1% above the Hardware median (#809 of 2496)
No single metric tells the full story. See the NSE:FROG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frog Innovations Ltd is a company engaged in manufacturing telecom equipment used by telecom operators, especially in Telecom Towers. The company manufactures 2G/3G/4G/5G Multi-band Digital RF Repeaters, Multi-band Frequency Shift Repeaters, Multi-band Optical DAS systems, relative software, and accessories. The company also offers In-Building Coverage Planning and Design services along with Radio Access Network (RAN) and Backhaul Network installation services. The company collectively operates only in one business segment manufacturing and installation of in-building coverage solutions and mobile network accessories for mobile service providers and operators. It provides its products and services across Asia, Europe, Africa, and the Middle East.
70GF Score
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