Gujarat Mineral DevelopmentNSE:GMDCLTD -0.73%64 Quick Ratio is 4.02 as of Mar. 2026, which is 5% below its 10-year median of 4.22. GuruFocus rates NSE:GMDCLTD with a GF Score™ of 64/100 and a GF Value™ of ₹372.56 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 184 Other Energy Sources companies, Gujarat Mineral Development ranks better than 70.11% on this metric.
Gujarat Mineral Development has a quick ratio of 4.02. It generally indicates good short-term financial strength.
The historical rank and industry rank for Gujarat Mineral Development's Quick Ratio or its related term are showing as below:
NSE:GMDCLTD'
s Quick Ratio Range Over the Past 10 Years
Min: 3.14 Med: 4.22 Max: 5.71
Current: 4.02
During the past 13 years, Gujarat Mineral Development's highest Quick Ratio was 5.71. The lowest was 3.14. And the median was 4.22.
NSE:GMDCLTD's Quick Ratio is ranked better than 70.11% of 184
companies
in the Other Energy Sources industry
Industry Median: 1.665
vs NSE:GMDCLTD: 4.02
Gujarat Mineral Development (NSE:GMDCLTD) 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 Mineral Development Quick Ratio Related Terms
Gujarat Mineral Development 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.
Gujarat Mineral Development Quick Ratio Competitor Comparison
For the Thermal Coal subindustry, Gujarat Mineral Development'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 Mineral Development Quick Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Gujarat Mineral Development's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Gujarat Mineral Development's Quick Ratio falls into.
Gujarat Mineral Development Quick Ratio Calculation
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.
* 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 Mineral Development (NSE:GMDCLTD) has a Quick Ratio of 4.02 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Gujarat Mineral Development and its competitors. This is near median its historical median of 4.22. Over the past decade, Gujarat Mineral Development's Quick Ratio has ranged from 3.14 to 5.71. According to the industry distribution chart, Gujarat Mineral Development ranks #55 out of 184 companies in the Other Energy Sources industry, placing it in the top 29.9%.
Is Gujarat Mineral Development's Quick Ratio too high?
Gujarat Mineral Development's current Quick Ratio of 4.02 is near median its 10-year median of 4.22. Over the past 10 years, this metric has ranged from a low of 3.14 to a high of 5.71. The Other Energy Sources industry median Quick Ratio is 1.67. Gujarat Mineral Development's value of 4.02 is 141.4% above this industry median. Based on the distribution chart, Gujarat Mineral Development ranks #55 out of 184 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Gujarat Mineral Development has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Mineral Development's Quick Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, Gujarat Mineral Development ranks #55 out of 184 companies for Quick Ratio. This puts Gujarat Mineral Development in the upper half of its industry. The industry median Quick Ratio is 1.67. Gujarat Mineral Development's value of 4.02 is 141.4% above this benchmark. Historically, Gujarat Mineral Development's own Quick Ratio has ranged from 3.14 to 5.71 over the past decade. While the company's 10-year median is 4.22 vs. the industry median of 1.67, Gujarat Mineral Development 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 an Other Energy Sources company?
The median Quick Ratio among Other Energy Sources companies is 1.67, based on 184 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 Mineral Development's current Quick Ratio of 4.02 is 141.4% 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 Gujarat Mineral Development and its competitors. For the Other Energy Sources industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Mineral Development's current Quick Ratio is 4.02, which is near median its own 10-year median of 4.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Mineral Development stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Mineral Development (NSE:GMDCLTD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹372.56, compared to a current price of ₹597.00 — trading 60.2% above its estimated fair value. The current Quick Ratio is 4.02, which is near median its 10-year median of 4.22 and 141.4% above the Other Energy Sources industry median of 1.67. Gujarat Mineral Development's overall GF Score™ is 64/100 with 2 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 Gujarat Mineral Development (NSE:GMDCLTD), the current Quick Ratio is 4.02 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 Gujarat Mineral Development (NSE:GMDCLTD) Overvalued in 2026?
Based on GuruFocus' analysis, Gujarat Mineral Development stock appears to be overvalued.
The current stock price of ₹597.00 is trading 60.2% above its estimated GF Value™ of ₹372.56.
GuruFocus considers Gujarat Mineral Development to be Significantly Overvalued.
Key valuation signals for NSE:GMDCLTD:
Quick Ratio: 4.02 (near median its 10-year median of 4.22)
GF Value™: ₹372.56 vs. price of ₹597.00 (60.2% above fair value)
Industry Position: 141.4% above the Other Energy Sources median (#55 of 184)
No single metric tells the full story. See the NSE:GMDCLTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gujarat Mineral Development Corp Ltd is a mineral resource mining company. Its operations include lignite mining, bauxite mining, fluorspar mining, manganese mining, and power generation. The company's segments include Mining and Power. The majority of its revenue is derived from the Mining segment which engages in the mining and sale of manganese, bauxite, limestone, silica sand, and others. Geographically, the company operates only in India.
64GF Score
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