Karma EnergyNSE:KARMAENG -0.07%63 Quick Ratio is 11.84 as of Mar. 2026, which is 1160% above its 10-year median of 0.94. GuruFocus rates NSE:KARMAENG with a GF Score™ of 63/100 and a GF Value™ of ₹54.04 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 446 Utilities - Independent Power Producers companies, Karma Energy ranks better than 96.19% 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. Karma Energy's quick ratio for the quarter that ended in Mar. 2026 was 11.84.
Karma Energy has a quick ratio of 11.84. It generally indicates good short-term financial strength.
The historical rank and industry rank for Karma Energy's Quick Ratio or its related term are showing as below:
NSE:KARMAENG'
s Quick Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.94 Max: 11.84
Current: 11.84
During the past 13 years, Karma Energy's highest Quick Ratio was 11.84. The lowest was 0.25. And the median was 0.94.
NSE:KARMAENG's Quick Ratio is ranked better than 96.19% of 446
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.24
vs NSE:KARMAENG: 11.84
Karma Energy (NSE:KARMAENG) 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.
Karma Energy Quick Ratio Related Terms
Karma Energy Quick Ratio Historical Data
* Premium members only.
The historical data trend for Karma Energy'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.
For the Utilities - Renewable subindustry, Karma Energy'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.
Karma Energy Quick Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Karma Energy's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Karma Energy'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.
Karma Energy'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.
Karma Energy (NSE:KARMAENG) has a Quick Ratio of 11.84 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Karma Energy and its competitors. This is 1160% above median its historical median of 0.94. Over the past decade, Karma Energy's Quick Ratio has ranged from 0.25 to 11.84. According to the industry distribution chart, Karma Energy ranks #17 out of 446 companies in the Utilities - Independent Power Producers industry, placing it in the top 3.8%.
Is Karma Energy's Quick Ratio too high?
Karma Energy's current Quick Ratio of 11.84 is 1160% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 11.84. The Utilities - Independent Power Producers industry median Quick Ratio is 1.24. Karma Energy's value of 11.84 is 854.8% above this industry median. Based on the distribution chart, Karma Energy ranks #17 out of 446 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Karma Energy has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Karma Energy's Quick Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Karma Energy ranks #17 out of 446 companies for Quick Ratio. This places Karma Energy in the top 4% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.24. Karma Energy's value of 11.84 is 854.8% above this benchmark. Historically, Karma Energy's own Quick Ratio has ranged from 0.25 to 11.84 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.24, Karma Energy 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 Utilities - Independent Power Producers company?
The median Quick Ratio among Utilities - Independent Power Producers companies is 1.24, based on 446 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. Karma Energy's current Quick Ratio of 11.84 is 854.8% 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 Karma Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Quick Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karma Energy's current Quick Ratio is 11.84, which is 1160% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karma Energy stock overvalued right now?
Based on GuruFocus' analysis, Karma Energy (NSE:KARMAENG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹54.04, compared to a current price of ₹41.56 — trading 23.1% below its estimated fair value. The current Quick Ratio is 11.84, which is 1160% above median its 10-year median of 0.94 and 854.8% above the Utilities - Independent Power Producers industry median of 1.24. Karma Energy's overall GF Score™ is 63/100 with 1 warning sign 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 Karma Energy (NSE:KARMAENG), the current Quick Ratio is 11.84 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 Karma Energy (NSE:KARMAENG) Overvalued in 2026?
Based on GuruFocus' analysis, Karma Energy stock appears to be undervalued.
The current stock price of ₹41.56 is trading 23.1% below its estimated GF Value™ of ₹54.04.
GuruFocus considers Karma Energy to be Modestly Undervalued.
Key valuation signals for NSE:KARMAENG:
Quick Ratio: 11.84 (1160% above median its 10-year median of 0.94)
GF Value™: ₹54.04 vs. price of ₹41.56 (23.1% below fair value)
Industry Position: 854.8% above the Utilities - Independent Power Producers median (#17 of 446)
No single metric tells the full story. See the NSE:KARMAENG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Karma Energy Ltd is an India-based company engaged in the generation of power from renewable energy sources. The company generates energy from wind power, hydropower, and solar power. It derives revenue from the sale of power.
63GF Score
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