Jio Financial Services (NSE:JIOFIN) Quick Ratio: 302.44 (As of Mar. 2026) — 2109% Above Median


NSE:JIOFIN Jio Financial Services Ltd NSE:JIOFIN
61 GF Score
Price ₹236.44
GF Value ₹793.62
Valuation Possible Value Trap
! 4 Warning Signs
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What is Jio Financial Services Quick Ratio?

Jio Financial Services NSE:JIOFIN -0.11% 61 Quick Ratio is 302.44 as of Mar. 2026, which is 2109% above its 10-year median of 13.69. GuruFocus rates NSE:JIOFIN with a GF Score™ of 61/100 and a GF Value™ of ₹793.62 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 705 Asset Management companies, Jio Financial Services ranks better than 97.59% 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. Jio Financial Services's quick ratio for the quarter that ended in Mar. 2026 was 302.44.

Jio Financial Services has a quick ratio of 302.44. It generally indicates good short-term financial strength.

The historical rank and industry rank for Jio Financial Services's Quick Ratio or its related term are showing as below:

NSE:JIOFIN' s Quick Ratio Range Over the Past 10 Years
Min: 0.09   Med: 13.69   Max: 22687.89
Current: 302.44

During the past 12 years, Jio Financial Services's highest Quick Ratio was 22687.89. The lowest was 0.09. And the median was 13.69.

NSE:JIOFIN's Quick Ratio is ranked better than
97.59% of 705 companies
in the Asset Management industry
Industry Median: 2.81 vs NSE:JIOFIN: 302.44

Jio Financial Services  (NSE:JIOFIN) 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.


Jio Financial Services Quick Ratio Related Terms


Jio Financial Services Quick Ratio Historical Data

* Premium members only.

The historical data trend for Jio Financial Services'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.

Jio Financial Services Quick Ratio Chart

Jio Financial Services 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 22,687.89 20.82 112.76 6.56 302.44

Jio Financial Services Quarterly Data
Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 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 6.56 0.00 180.21 0.00 302.44

NSE:JIOFIN vs BLK, BX, KKR: Quick Ratio Comparison

For the Asset Management subindustry, Jio Financial Services'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.


Jio Financial Services Quick Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Jio Financial Services's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Jio Financial Services's Quick Ratio falls into.


NSE:JIOFIN
61GF Score
Jio Financial Services Ltd NSE:JIOFIN
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jio Financial Services 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.

Jio Financial Services'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
=(293697.9-0)/971.1
=302.44

Jio Financial Services'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
=(293697.9-0)/971.1
=302.44

* 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 302.44 mean?
Jio Financial Services (NSE:JIOFIN) has a Quick Ratio of 302.44 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Jio Financial Services and its competitors. This is 2109% above median its historical median of 13.69. Over the past decade, Jio Financial Services' Quick Ratio has ranged from 0.09 to 22,687.89. According to the industry distribution chart, Jio Financial Services ranks #17 out of 705 companies in the Asset Management industry, placing it in the top 2.4%.
Is Jio Financial Services' Quick Ratio too high?
Jio Financial Services' current Quick Ratio of 302.44 is 2109% above median its 10-year median of 13.69. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 22,687.89. The Asset Management industry median Quick Ratio is 2.81. Jio Financial Services' value of 302.44 is 10663% above this industry median. Based on the distribution chart, Jio Financial Services ranks #17 out of 705 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Jio Financial Services has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jio Financial Services' Quick Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Jio Financial Services ranks #17 out of 705 companies for Quick Ratio. This places Jio Financial Services in the top 2% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.81. Jio Financial Services' value of 302.44 is 10663% above this benchmark. Historically, Jio Financial Services' own Quick Ratio has ranged from 0.09 to 22,687.89 over the past decade. While the company's 10-year median is 13.69 vs. the industry median of 2.81, Jio Financial Services 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 Asset Management company?
The median Quick Ratio among Asset Management companies is 2.81, based on 705 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. Jio Financial Services's current Quick Ratio of 302.44 is 10663% 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 Jio Financial Services and its competitors. For the Asset Management industry, the median Quick Ratio is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jio Financial Services's current Quick Ratio is 302.44, which is 2109% above median its own 10-year median of 13.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jio Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Jio Financial Services (NSE:JIOFIN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹793.62, compared to a current price of ₹236.44 — trading 70.2% below its estimated fair value. The current Quick Ratio is 302.44, which is 2109% above median its 10-year median of 13.69 and 10663% above the Asset Management industry median of 2.81. Jio Financial Services' overall GF Score™ is 61/100 with 4 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 Jio Financial Services (NSE:JIOFIN), the current Quick Ratio is 302.44 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 Jio Financial Services (NSE:JIOFIN) Overvalued in 2026?

Based on GuruFocus' analysis, Jio Financial Services stock appears to be undervalued. The current stock price of ₹236.44 is trading 70.2% below its estimated GF Value™ of ₹793.62. GuruFocus considers Jio Financial Services to be Possible Value Trap.

Key valuation signals for NSE:JIOFIN:

  • Quick Ratio: 302.44 (2109% above median its 10-year median of 13.69)
  • GF Value™: ₹793.62 vs. price of ₹236.44 (70.2% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 10663% above the Asset Management median (#17 of 705)

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


Jio Financial Services Business Description

Other Exchanges 543940:India
Address Bandra Kurla Complex, 1st Floor, Building 4NA, Maker Maxity, Bandra East, Mumbai, MH, IND, 400051
Jio Financial Services Ltd is a core investment company, non-deposit taking, systemically important (CIC-ND-SI). Along with its subsidiaries, joint ventures, and associates, it is engaged in the business of Investing and Financing, mainly Leasing, Insurance broking, Payment Bank, Payment Aggregator, and Payment Gateway services.
61GF Score

Get the complete analysis for NSE:JIOFIN

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

₹236.44
Price
₹793.62
GF Value