What is HealthCare Global Enterprises Quick Ratio?
HealthCare Global EnterprisesNSE:HCG -0.89%79 Quick Ratio is 1.06 as of Mar. 2026, which is 31% above its 10-year median of 0.81. GuruFocus rates NSE:HCG with a GF Score™ of 79/100 and a GF Value™ of ₹576.14 (Fairly Valued). The stock has 2 warning signs investors should review. Among 680 Healthcare Providers & Services companies, HealthCare Global Enterprises ranks worse than 61.18% on this metric.
HealthCare Global Enterprises has a quick ratio of 1.06. It generally indicates good short-term financial strength.
The historical rank and industry rank for HealthCare Global Enterprises's Quick Ratio or its related term are showing as below:
NSE:HCG'
s Quick Ratio Range Over the Past 10 Years
Min: 0.45 Med: 0.81 Max: 1.06
Current: 1.06
During the past 12 years, HealthCare Global Enterprises's highest Quick Ratio was 1.06. The lowest was 0.45. And the median was 0.81.
NSE:HCG's Quick Ratio is ranked worse than 61.18% of 680
companies
in the Healthcare Providers & Services industry
Industry Median: 1.32
vs NSE:HCG: 1.06
HealthCare Global Enterprises (NSE:HCG) 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.
HealthCare Global Enterprises Quick Ratio Related Terms
HealthCare Global Enterprises 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.
For the Medical Care Facilities subindustry, HealthCare Global Enterprises'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.
HealthCare Global Enterprises Quick Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, HealthCare Global Enterprises's Quick Ratio distribution charts can be found below:
* The bar in red indicates where HealthCare Global Enterprises's Quick Ratio falls into.
HealthCare Global Enterprises 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.
HealthCare Global Enterprises (NSE:HCG) has a Quick Ratio of 1.06 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on HealthCare Global Enterprises and its competitors. This is 31% above median its historical median of 0.81. Over the past decade, HealthCare Global Enterprises' Quick Ratio has ranged from 0.45 to 1.06. According to the industry distribution chart, HealthCare Global Enterprises ranks #416 out of 680 companies in the Healthcare Providers & Services industry, placing it in the top 61.2%.
Is HealthCare Global Enterprises' Quick Ratio too high?
HealthCare Global Enterprises' current Quick Ratio of 1.06 is 31% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.06. The Healthcare Providers & Services industry median Quick Ratio is 1.32. HealthCare Global Enterprises' value of 1.06 is 19.7% below this industry median. Based on the distribution chart, HealthCare Global Enterprises ranks #416 out of 680 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, HealthCare Global Enterprises has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HealthCare Global Enterprises' Quick Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, HealthCare Global Enterprises ranks #416 out of 680 companies for Quick Ratio. This places HealthCare Global Enterprises in the lower half of its industry. The industry median Quick Ratio is 1.32. HealthCare Global Enterprises' value of 1.06 is 19.7% below this benchmark. Historically, HealthCare Global Enterprises' own Quick Ratio has ranged from 0.45 to 1.06 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.32, HealthCare Global Enterprises 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 680 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. HealthCare Global Enterprises's current Quick Ratio of 1.06 is 19.7% 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 HealthCare Global Enterprises 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. HealthCare Global Enterprises's current Quick Ratio is 1.06, which is 31% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HealthCare Global Enterprises stock overvalued right now?
Based on GuruFocus' analysis, HealthCare Global Enterprises (NSE:HCG) is currently considered Fairly Valued. The stock's GF Value™ is ₹576.14, compared to a current price of ₹595.05 — trading 3.3% above its estimated fair value. The current Quick Ratio is 1.06, which is 31% above median its 10-year median of 0.81 and 19.7% below the Healthcare Providers & Services industry median of 1.32. HealthCare Global Enterprises' overall GF Score™ is 79/100 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 HealthCare Global Enterprises (NSE:HCG), the current Quick Ratio is 1.06 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 HealthCare Global Enterprises (NSE:HCG) Overvalued in 2026?
Based on GuruFocus' analysis, HealthCare Global Enterprises stock appears to be overvalued.
The current stock price of ₹595.05 is trading 3.3% above its estimated GF Value™ of ₹576.14.
GuruFocus considers HealthCare Global Enterprises to be Fairly Valued.
Key valuation signals for NSE:HCG:
Quick Ratio: 1.06 (31% above median its 10-year median of 0.81)
GF Value™: ₹576.14 vs. price of ₹595.05 (3.3% above fair value)
Industry Position: 19.7% below the Healthcare Providers & Services median (#416 of 680)
No single metric tells the full story. See the NSE:HCG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HealthCare Global Enterprises Business Description
HealthCare Global Enterprises Ltd operates in oncology, providing comprehensive cancer diagnosis and treatment services including medical oncology, radiation therapy, and surgical oncology. It also offers fertility treatment services under the Milann brand, along with multi-specialty hospital care in key medical disciplines. The company's operations span many metropolitan and non-metro cities across India and extend internationally with cancer care centers in Africa. HCG generates revenue through patient services in oncology, fertility treatments, diagnostics, and multi-specialty hospital care, leveraging technology and a networked business model to deliver patient-centric healthcare.
79GF Score
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