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IC Electricals CoNSE:ICELCO +1.35%17 Quick Ratio is 0.69 as of Mar. 2026, which is 19% above its 10-year median of 0.58. GuruFocus rates NSE:ICELCO with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 1,016 Transportation companies, IC Electricals Co ranks worse than 82.19% on this metric.
IC Electricals Co (NSE:ICELCO) 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.
IC Electricals Co Quick Ratio Related Terms
IC Electricals Co Quick Ratio Historical Data
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The historical data trend for IC Electricals Co'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.
IC Electricals Co Quick Ratio Chart
IC Electricals Co Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Quick Ratio
0.48
0.53
0.63
0.69
IC Electricals Co Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
Quick Ratio
0.48
0.53
0.63
0.69
NSE:ICELCO vs UNP, CSX, NSC: Quick Ratio Comparison
For the Railroads subindustry, IC Electricals Co'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.
IC Electricals Co Quick Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, IC Electricals Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where IC Electricals Co'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.
IC Electricals Co'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.
IC Electricals Co (NSE:ICELCO) has a Quick Ratio of 0.69 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on IC Electricals Co and its competitors. This is 19% above median its historical median of 0.58. Over the past decade, IC Electricals Co's Quick Ratio has ranged from 0.48 to 0.69. According to the industry distribution chart, IC Electricals Co ranks #835 out of 1016 companies in the Transportation industry, placing it in the top 82.2%.
Is IC Electricals Co's Quick Ratio too high?
IC Electricals Co's current Quick Ratio of 0.69 is 19% above median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 0.69. The Transportation industry median Quick Ratio is 1.34. IC Electricals Co's value of 0.69 is 48.3% below this industry median. Based on the distribution chart, IC Electricals Co ranks #835 out of 1016 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, IC Electricals Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does IC Electricals Co's Quick Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, IC Electricals Co ranks #835 out of 1016 companies for Quick Ratio. This places IC Electricals Co in the lower half of its industry. The industry median Quick Ratio is 1.34. IC Electricals Co's value of 0.69 is 48.3% below this benchmark. Historically, IC Electricals Co's own Quick Ratio has ranged from 0.48 to 0.69 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 1.34, IC Electricals Co 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 Transportation company?
The median Quick Ratio among Transportation companies is 1.34, based on 1,016 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. IC Electricals Co's current Quick Ratio of 0.69 is 48.3% 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 IC Electricals Co and its competitors. For the Transportation industry, the median Quick Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IC Electricals Co's current Quick Ratio is 0.69, which is 19% above median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IC Electricals Co stock overvalued right now?
IC Electricals Co (NSE:ICELCO) has a current Quick Ratio of 0.69. The current Quick Ratio is 0.69, which is 19% above median its 10-year median of 0.58 and 48.3% below the Transportation industry median of 1.34. IC Electricals Co's overall GF Score™ is 17/100 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 IC Electricals Co (NSE:ICELCO), the current Quick Ratio is 0.69 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.
IC Electricals Co Ltd is engaged in the business of manufacturing of electronic equipment for Railways Application. Its offerings include various electronic products such as regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, and vigilance control devices, compliant with the latest technical standards. Additionally, the company also manufactures railway components, including alternators, traction motors, and permanent magnet alternators with controllers. The majority of its revenue is derived from the sale of electronic products to government departments and ministries such as Ministry of Railways.
17GF Score
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