InterGlobe Aviation (NSE:INDIGO) Quick Ratio: 1.49 (As of Mar. 2026) — Near Median


NSE:INDIGO InterGlobe Aviation Ltd NSE:INDIGO
88 GF Score
Price ₹5,408.50
GF Value ₹5,349.05
Valuation Fairly Valued
! 5 Warning Signs
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What is InterGlobe Aviation Quick Ratio?

InterGlobe Aviation NSE:INDIGO -0.33% 88 Quick Ratio is 1.49 as of Mar. 2026, which is 6% above its 10-year median of 1.41. GuruFocus rates NSE:INDIGO with a GF Score™ of 88/100 and a GF Value™ of ₹5,349.05 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,004 Transportation companies, InterGlobe Aviation ranks better than 56.08% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. InterGlobe Aviation's quick ratio for the quarter that ended in Mar. 2026 was 1.49.

InterGlobe Aviation has a quick ratio of 1.49. It generally indicates good short-term financial strength.

The historical rank and industry rank for InterGlobe Aviation's Quick Ratio or its related term are showing as below:

NSE:INDIGO' s Quick Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.41   Max: 2.36
Current: 1.49

During the past 12 years, InterGlobe Aviation's highest Quick Ratio was 2.36. The lowest was 0.88. And the median was 1.41.

NSE:INDIGO's Quick Ratio is ranked better than
56.08% of 1004 companies
in the Transportation industry
Industry Median: 1.35 vs NSE:INDIGO: 1.49

InterGlobe Aviation  (NSE:INDIGO) 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.


InterGlobe Aviation Quick Ratio Related Terms


InterGlobe Aviation Quick Ratio Historical Data

* Premium members only.

The historical data trend for InterGlobe Aviation'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.

InterGlobe Aviation Quick Ratio Chart

InterGlobe Aviation Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 1.07 1.14 1.46 1.49

InterGlobe Aviation Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.46 0.00 1.42 0.00 1.49

NSE:INDIGO vs DAL, UAL, LUV: Quick Ratio Comparison

For the Airlines subindustry, InterGlobe Aviation'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.


InterGlobe Aviation Quick Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, InterGlobe Aviation's Quick Ratio distribution charts can be found below:

* The bar in red indicates where InterGlobe Aviation's Quick Ratio falls into.


NSE:INDIGO
88GF Score
InterGlobe Aviation Ltd NSE:INDIGO
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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InterGlobe Aviation 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.

InterGlobe Aviation's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(579292-9848)/382710
=1.49

InterGlobe Aviation's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(579292-9848)/382710
=1.49

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 1.49 mean?
InterGlobe Aviation (NSE:INDIGO) has a Quick Ratio of 1.49 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on InterGlobe Aviation and its competitors. This is near median its historical median of 1.41. Over the past decade, InterGlobe Aviation's Quick Ratio has ranged from 0.88 to 2.36. According to the industry distribution chart, InterGlobe Aviation ranks #441 out of 1004 companies in the Transportation industry, placing it in the top 43.9%.
Is InterGlobe Aviation's Quick Ratio too high?
InterGlobe Aviation's current Quick Ratio of 1.49 is near median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 2.36. The Transportation industry median Quick Ratio is 1.35. InterGlobe Aviation's value of 1.49 is 10.4% above this industry median. Based on the distribution chart, InterGlobe Aviation ranks #441 out of 1004 companies in the Transportation industry, which is above the industry midpoint. Overall, InterGlobe Aviation has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does InterGlobe Aviation's Quick Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, InterGlobe Aviation ranks #441 out of 1004 companies for Quick Ratio. This puts InterGlobe Aviation in the upper half of its industry. The industry median Quick Ratio is 1.35. InterGlobe Aviation's value of 1.49 is 10.4% above this benchmark. Historically, InterGlobe Aviation's own Quick Ratio has ranged from 0.88 to 2.36 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 1.35, InterGlobe Aviation 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 a Transportation company?
The median Quick Ratio among Transportation companies is 1.35, based on 1,004 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. InterGlobe Aviation's current Quick Ratio of 1.49 is 10.4% 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 InterGlobe Aviation and its competitors. For the Transportation industry, the median Quick Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InterGlobe Aviation's current Quick Ratio is 1.49, which is near median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InterGlobe Aviation stock overvalued right now?
Based on GuruFocus' analysis, InterGlobe Aviation (NSE:INDIGO) is currently considered Fairly Valued. The stock's GF Value™ is ₹5,349.05, compared to a current price of ₹5,408.50 — trading 1.1% above its estimated fair value. The current Quick Ratio is 1.49, which is near median its 10-year median of 1.41 and 10.4% above the Transportation industry median of 1.35. InterGlobe Aviation's overall GF Score™ is 88/100 with 5 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 InterGlobe Aviation (NSE:INDIGO), the current Quick Ratio is 1.49 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 InterGlobe Aviation (NSE:INDIGO) Overvalued in 2026?

Based on GuruFocus' analysis, InterGlobe Aviation stock appears to be overvalued. The current stock price of ₹5,408.50 is trading 1.1% above its estimated GF Value™ of ₹5,349.05. GuruFocus considers InterGlobe Aviation to be Fairly Valued.

Key valuation signals for NSE:INDIGO:

  • Quick Ratio: 1.49 (near median its 10-year median of 1.41)
  • GF Value™: ₹5,349.05 vs. price of ₹5,408.50 (1.1% above fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 10.4% above the Transportation median (#441 of 1004)

No single metric tells the full story. See the NSE:INDIGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


InterGlobe Aviation Business Description

Other Exchanges 539448:India
Address Gurgaon Road, MG Road, Third floor, Emaar Capital Tower-II, Sector-26, Sikanderpur Ghosi, Gurugram, HR, IND, 122 002
InterGlobe Aviation Ltd is an airline service provider based in India. The company serves as a low-cost carrier through its Indigo brand. The company caters to its customers through an official website and the IndigoGo App, enabling them to book airline tickets and travel packages. The segments of the company are Air transportation services and Other income. The company earns its revenue predominantly through passenger ticket sales of the domestic airline operation.
88GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹5,408.50
Price
₹5,349.05
GF Value