Gujarat Lease FinancingNSE:GLFL -2.00%32 Quick Ratio is 13.61 as of Mar. 2026, which is 656% above its 10-year median of 1.80. GuruFocus rates NSE:GLFL with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 502 Diversified Financial Services companies, Gujarat Lease Financing ranks better than 76.1% on this metric.
Gujarat Lease Financing has a quick ratio of 13.61. It generally indicates good short-term financial strength.
The historical rank and industry rank for Gujarat Lease Financing's Quick Ratio or its related term are showing as below:
NSE:GLFL'
s Quick Ratio Range Over the Past 10 Years
Min: 0.22 Med: 1.8 Max: 17.53
Current: 13.61
During the past 13 years, Gujarat Lease Financing's highest Quick Ratio was 17.53. The lowest was 0.22. And the median was 1.80.
NSE:GLFL's Quick Ratio is ranked better than 76.1% of 502
companies
in the Diversified Financial Services industry
Industry Median: 3.19
vs NSE:GLFL: 13.61
Gujarat Lease Financing (NSE:GLFL) 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.
Gujarat Lease Financing Quick Ratio Related Terms
Gujarat Lease Financing 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.
NSE:GLFL vs XXI, CCXI, DMII: Quick Ratio Comparison
For the Shell Companies subindustry, Gujarat Lease Financing'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.
Gujarat Lease Financing Quick Ratio vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Gujarat Lease Financing's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Gujarat Lease Financing'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.
Gujarat Lease Financing'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.
Gujarat Lease Financing (NSE:GLFL) has a Quick Ratio of 13.61 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Gujarat Lease Financing and its competitors. This is 656% above median its historical median of 1.80. Over the past decade, Gujarat Lease Financing's Quick Ratio has ranged from 0.22 to 17.53. According to the industry distribution chart, Gujarat Lease Financing ranks #120 out of 502 companies in the Diversified Financial Services industry, placing it in the top 23.9%.
Is Gujarat Lease Financing's Quick Ratio too high?
Gujarat Lease Financing's current Quick Ratio of 13.61 is 656% above median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 17.53. The Diversified Financial Services industry median Quick Ratio is 3.19. Gujarat Lease Financing's value of 13.61 is 326.6% above this industry median. Based on the distribution chart, Gujarat Lease Financing ranks #120 out of 502 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Gujarat Lease Financing has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Gujarat Lease Financing's Quick Ratio compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, Gujarat Lease Financing ranks #120 out of 502 companies for Quick Ratio. This places Gujarat Lease Financing in the top 24% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 3.19. Gujarat Lease Financing's value of 13.61 is 326.6% above this benchmark. Historically, Gujarat Lease Financing's own Quick Ratio has ranged from 0.22 to 17.53 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 3.19, Gujarat Lease Financing 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 Diversified Financial Services company?
The median Quick Ratio among Diversified Financial Services companies is 3.19, based on 502 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. Gujarat Lease Financing's current Quick Ratio of 13.61 is 326.6% 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 Gujarat Lease Financing and its competitors. For the Diversified Financial Services industry, the median Quick Ratio is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Lease Financing's current Quick Ratio is 13.61, which is 656% above median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Lease Financing stock overvalued right now?
Gujarat Lease Financing (NSE:GLFL) has a current Quick Ratio of 13.61. The current Quick Ratio is 13.61, which is 656% above median its 10-year median of 1.80 and 326.6% above the Diversified Financial Services industry median of 3.19. Gujarat Lease Financing's overall GF Score™ is 32/100 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 Gujarat Lease Financing (NSE:GLFL), the current Quick Ratio is 13.61 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.
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