Kore DigitalNSE:KDL +3.29%70 Quick Ratio is 1.15 as of Mar. 2025, which is 109% above its 10-year median of 0.55. GuruFocus rates NSE:KDL with a GF Score™ of 70/100. The stock has 6 warning signs investors should review. Among 367 Telecommunication Services companies, Kore Digital ranks better than 58.31% 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. Kore Digital's quick ratio for the quarter that ended in Mar. 2025 was 1.15.
Kore Digital has a quick ratio of 1.15. It generally indicates good short-term financial strength.
The historical rank and industry rank for Kore Digital's Quick Ratio or its related term are showing as below:
NSE:KDL'
s Quick Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.55 Max: 1.5
Current: 1.15
During the past 6 years, Kore Digital's highest Quick Ratio was 1.50. The lowest was 0.02. And the median was 0.55.
NSE:KDL's Quick Ratio is ranked better than 58.31% of 367
companies
in the Telecommunication Services industry
Industry Median: 1.05
vs NSE:KDL: 1.15
Kore Digital (NSE:KDL) 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.
Kore Digital Quick Ratio Related Terms
Kore Digital Quick Ratio Historical Data
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The historical data trend for Kore Digital'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 Telecom Services subindustry, Kore Digital'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.
Kore Digital Quick Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Kore Digital's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Kore Digital'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.
Kore Digital's Quick Ratio for the fiscal year that ended in Mar. 2025 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.
Kore Digital (NSE:KDL) has a Quick Ratio of 1.15 as of Mar. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Kore Digital and its competitors. This is 109% above median its historical median of 0.55. Over the past decade, Kore Digital's Quick Ratio has ranged from 0.02 to 1.50. According to the industry distribution chart, Kore Digital ranks #153 out of 367 companies in the Telecommunication Services industry, placing it in the top 41.7%.
Is Kore Digital's Quick Ratio too high?
Kore Digital's current Quick Ratio of 1.15 is 109% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 1.50. The Telecommunication Services industry median Quick Ratio is 1.05. Kore Digital's value of 1.15 is 9.5% above this industry median. Based on the distribution chart, Kore Digital ranks #153 out of 367 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Kore Digital has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Kore Digital's Quick Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Kore Digital ranks #153 out of 367 companies for Quick Ratio. This puts Kore Digital in the upper half of its industry. The industry median Quick Ratio is 1.05. Kore Digital's value of 1.15 is 9.5% above this benchmark. Historically, Kore Digital's own Quick Ratio has ranged from 0.02 to 1.50 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 1.05, Kore Digital 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 Telecommunication Services company?
The median Quick Ratio among Telecommunication Services companies is 1.05, based on 367 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. Kore Digital's current Quick Ratio of 1.15 is 9.5% 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 Kore Digital and its competitors. For the Telecommunication Services industry, the median Quick Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kore Digital's current Quick Ratio is 1.15, which is 109% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kore Digital stock overvalued right now?
Kore Digital (NSE:KDL) has a current Quick Ratio of 1.15. The current Quick Ratio is 1.15, which is 109% above median its 10-year median of 0.55 and 9.5% above the Telecommunication Services industry median of 1.05. Kore Digital's overall GF Score™ is 70/100 with 6 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 Kore Digital (NSE:KDL), the current Quick Ratio is 1.15 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.
Kore Digital Ltd offers telecom and infrastructure development, and development of related allied services. It is engaged mainly in the business of installing and commissioning Poles, Towers, and Optical Fibre Cable (OFC) Systems in Maharashtra. The company operates in a single business segment, namely Telecommunication Infrastructure Services.
70GF Score
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