Honeywell Automation India has a quick ratio of 3.39. It generally indicates good short-term financial strength.
The historical rank and industry rank for Honeywell Automation India's Quick Ratio or its related term are showing as below:
NSE:HONAUT'
s Quick Ratio Range Over the Past 10 Years
Min: 1.99 Med: 2.93 Max: 3.59
Current: 3.39
During the past 13 years, Honeywell Automation India's highest Quick Ratio was 3.59. The lowest was 1.99. And the median was 2.93.
NSE:HONAUT's Quick Ratio is ranked better than 86.04% of 3067
companies
in the Industrial Products industry
Industry Median: 1.39
vs NSE:HONAUT: 3.39
Honeywell Automation India (NSE:HONAUT) 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.
Honeywell Automation India Quick Ratio Related Terms
Honeywell Automation India 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 Electrical Equipment & Parts subindustry, Honeywell Automation India'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.
Honeywell Automation India Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Honeywell Automation India's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Honeywell Automation India's Quick Ratio falls into.
Honeywell Automation India 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.
Honeywell Automation India (NSE:HONAUT) has a Quick Ratio of 3.39 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Honeywell Automation India and its competitors. This is 16% above median its historical median of 2.93. Over the past decade, Honeywell Automation India's Quick Ratio has ranged from 1.99 to 3.59. According to the industry distribution chart, Honeywell Automation India ranks #428 out of 3067 companies in the Industrial Products industry, placing it in the top 14%.
Is Honeywell Automation India's Quick Ratio too high?
Honeywell Automation India's current Quick Ratio of 3.39 is 16% above median its 10-year median of 2.93. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 3.59. The Industrial Products industry median Quick Ratio is 1.39. Honeywell Automation India's value of 3.39 is 143.9% above this industry median. Based on the distribution chart, Honeywell Automation India ranks #428 out of 3067 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Honeywell Automation India has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Automation India's Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Honeywell Automation India ranks #428 out of 3067 companies for Quick Ratio. This places Honeywell Automation India in the top 14% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.39. Honeywell Automation India's value of 3.39 is 143.9% above this benchmark. Historically, Honeywell Automation India's own Quick Ratio has ranged from 1.99 to 3.59 over the past decade. While the company's 10-year median is 2.93 vs. the industry median of 1.39, Honeywell Automation India 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 Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,067 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. Honeywell Automation India's current Quick Ratio of 3.39 is 143.9% 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 Honeywell Automation India and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Automation India's current Quick Ratio is 3.39, which is 16% above median its own 10-year median of 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Automation India stock overvalued right now?
Based on GuruFocus' analysis, Honeywell Automation India (NSE:HONAUT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹46,565.00, compared to a current price of ₹38,140.00 — trading 18.1% below its estimated fair value. The current Quick Ratio is 3.39, which is 16% above median its 10-year median of 2.93 and 143.9% above the Industrial Products industry median of 1.39. Honeywell Automation India's overall GF Score™ is 90/100 with 8 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 Honeywell Automation India (NSE:HONAUT), the current Quick Ratio is 3.39 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 Honeywell Automation India (NSE:HONAUT) Overvalued in 2026?
Based on GuruFocus' analysis, Honeywell Automation India stock appears to be undervalued.
The current stock price of ₹38,140.00 is trading 18.1% below its estimated GF Value™ of ₹46,565.00.
GuruFocus considers Honeywell Automation India to be Modestly Undervalued.
Key valuation signals for NSE:HONAUT:
Quick Ratio: 3.39 (16% above median its 10-year median of 2.93)
GF Value™: ₹46,565.00 vs. price of ₹38,140.00 (18.1% below fair value)
Industry Position: 143.9% above the Industrial Products median (#428 of 3067)
No single metric tells the full story. See the NSE:HONAUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Honeywell Automation India Ltd provides automation and control systems in India and internationally. The company offers distributed control systems, transmitters, programmable logic controllers, emergency shutdown systems, quality control systems, software solutions, industrial Internet of Things solutions, and comprehensive life cycle services. It also provides building management systems, fire detection and alarm systems, access control systems, video surveillance systems, integrated security systems, and integrated building management systems. The company operates in a single segment, Automation and Control Systems, and derives a majority of its revenue from India.
90GF Score
Get the complete analysis for NSE:HONAUT
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:HONAUT has been successfully added to your 
