Ideal Technoplast Industries has a quick ratio of 1.01. It generally indicates good short-term financial strength.
The historical rank and industry rank for Ideal Technoplast Industries's Quick Ratio or its related term are showing as below:
NSE:IDEALTECHO's Quick Ratio is not ranked *
in the Packaging & Containers industry.
Industry Median: 1.13 * Ranked among companies with meaningful Quick Ratio only.
Ideal Technoplast Industries (NSE:IDEALTECHO) 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.
Ideal Technoplast Industries Quick Ratio Related Terms
Ideal Technoplast Industries 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:IDEALTECHO vs SW, PKG, AMCR: Quick Ratio Comparison
For the Packaging & Containers subindustry, Ideal Technoplast Industries'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.
Ideal Technoplast Industries Quick Ratio vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Ideal Technoplast Industries's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Ideal Technoplast Industries's Quick Ratio falls into.
Ideal Technoplast Industries 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.
Ideal Technoplast Industries (NSE:IDEALTECHO) has a Quick Ratio of 1.01 as of Mar. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ideal Technoplast Industries and its competitors. According to the industry distribution chart, Ideal Technoplast Industries ranks #221 out of 396 companies in the Packaging & Containers industry, placing it in the top 55.8%.
Is Ideal Technoplast Industries' Quick Ratio too high?
Ideal Technoplast Industries' current Quick Ratio is 1.01. The Packaging & Containers industry median Quick Ratio is 1.13. Ideal Technoplast Industries' value of 1.01 is 10.6% below this industry median. Based on the distribution chart, Ideal Technoplast Industries ranks #221 out of 396 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Ideal Technoplast Industries has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Ideal Technoplast Industries' Quick Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Ideal Technoplast Industries ranks #221 out of 396 companies for Quick Ratio. This places Ideal Technoplast Industries in the lower half of its industry. The industry median Quick Ratio is 1.13. Ideal Technoplast Industries' value of 1.01 is 10.6% below this benchmark. 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 Packaging & Containers company?
The median Quick Ratio among Packaging & Containers companies is 1.13, based on 396 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. Ideal Technoplast Industries's current Quick Ratio of 1.01 is 10.6% 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 Ideal Technoplast Industries and its competitors. For the Packaging & Containers industry, the median Quick Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ideal Technoplast Industries's current Quick Ratio is 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ideal Technoplast Industries stock overvalued right now?
Ideal Technoplast Industries (NSE:IDEALTECHO) has a current Quick Ratio of 1.01. The current Quick Ratio is 1.01 and 10.6% below the Packaging & Containers industry median of 1.13. Ideal Technoplast Industries' overall GF Score™ is 17/100. 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 Ideal Technoplast Industries (NSE:IDEALTECHO), the current Quick Ratio is 1.01 as of Mar. 2025. 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.
Ideal Technoplast Industries Ltd is a manufacturer and supplier of rigid plastic packaging, with a presence in both domestic and international markets (indirectly through export houses and third parties. It provides industrial packaging solutions i.e., Industrial containers, adhesives, lubes, oil, etc. The company operates within the international and domestic rigid plastic packaging industry - an essential segment underpinning multiple end-markets, including food & beverage, chemicals, lubricants, and fast-moving consumer goods (FMCG).
17GF Score
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