What is Kovai Medical Center & Hospital Quick Ratio?
Kovai Medical Center & HospitalNSE:KOVAI -1.14%75 Quick Ratio is 1.23 as of Mar. 2026, which is 3% above its 10-year median of 1.20. GuruFocus rates NSE:KOVAI with a GF Score™ of 75/100 and a GF Value™ of ₹3,221.25 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 683 Healthcare Providers & Services companies, Kovai Medical Center & Hospital ranks worse than 53.88% on this metric.
Kovai Medical Center & Hospital has a quick ratio of 1.23. It generally indicates good short-term financial strength.
The historical rank and industry rank for Kovai Medical Center & Hospital's Quick Ratio or its related term are showing as below:
NSE:KOVAI'
s Quick Ratio Range Over the Past 10 Years
Min: 0.86 Med: 1.2 Max: 1.55
Current: 1.23
During the past 13 years, Kovai Medical Center & Hospital's highest Quick Ratio was 1.55. The lowest was 0.86. And the median was 1.20.
NSE:KOVAI's Quick Ratio is ranked worse than 53.88% of 683
companies
in the Healthcare Providers & Services industry
Industry Median: 1.32
vs NSE:KOVAI: 1.23
Kovai Medical Center & Hospital (NSE:KOVAI) 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.
Kovai Medical Center & Hospital Quick Ratio Related Terms
Kovai Medical Center & Hospital 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:KOVAI vs HCA, THC, DVA: Quick Ratio Comparison
For the Medical Care Facilities subindustry, Kovai Medical Center & Hospital'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.
Kovai Medical Center & Hospital Quick Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Kovai Medical Center & Hospital's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Kovai Medical Center & Hospital's Quick Ratio falls into.
Kovai Medical Center & Hospital 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.
Kovai Medical Center & Hospital (NSE:KOVAI) has a Quick Ratio of 1.23 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Kovai Medical Center & Hospital and its competitors. This is near median its historical median of 1.20. Over the past decade, Kovai Medical Center & Hospital's Quick Ratio has ranged from 0.86 to 1.55. According to the industry distribution chart, Kovai Medical Center & Hospital ranks #368 out of 683 companies in the Healthcare Providers & Services industry, placing it in the top 53.9%.
Is Kovai Medical Center & Hospital's Quick Ratio too high?
Kovai Medical Center & Hospital's current Quick Ratio of 1.23 is near median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 1.55. The Healthcare Providers & Services industry median Quick Ratio is 1.32. Kovai Medical Center & Hospital's value of 1.23 is 6.8% below this industry median. Based on the distribution chart, Kovai Medical Center & Hospital ranks #368 out of 683 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Kovai Medical Center & Hospital has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kovai Medical Center & Hospital's Quick Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Kovai Medical Center & Hospital ranks #368 out of 683 companies for Quick Ratio. This places Kovai Medical Center & Hospital in the lower half of its industry. The industry median Quick Ratio is 1.32. Kovai Medical Center & Hospital's value of 1.23 is 6.8% below this benchmark. Historically, Kovai Medical Center & Hospital's own Quick Ratio has ranged from 0.86 to 1.55 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.32, Kovai Medical Center & Hospital has consistently been below 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 Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.32, based on 683 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. Kovai Medical Center & Hospital's current Quick Ratio of 1.23 is 6.8% 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 Kovai Medical Center & Hospital and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kovai Medical Center & Hospital's current Quick Ratio is 1.23, which is near median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kovai Medical Center & Hospital stock overvalued right now?
Based on GuruFocus' analysis, Kovai Medical Center & Hospital (NSE:KOVAI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,221.25, compared to a current price of ₹6,019.00 — trading 86.9% above its estimated fair value. The current Quick Ratio is 1.23, which is near median its 10-year median of 1.20 and 6.8% below the Healthcare Providers & Services industry median of 1.32. Kovai Medical Center & Hospital's overall GF Score™ is 75/100 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 Kovai Medical Center & Hospital (NSE:KOVAI), the current Quick Ratio is 1.23 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 Kovai Medical Center & Hospital (NSE:KOVAI) Overvalued in 2026?
Based on GuruFocus' analysis, Kovai Medical Center & Hospital stock appears to be overvalued.
The current stock price of ₹6,019.00 is trading 86.9% above its estimated GF Value™ of ₹3,221.25.
GuruFocus considers Kovai Medical Center & Hospital to be Significantly Overvalued.
Key valuation signals for NSE:KOVAI:
Quick Ratio: 1.23 (near median its 10-year median of 1.20)
GF Value™: ₹3,221.25 vs. price of ₹6,019.00 (86.9% above fair value)
Industry Position: 6.8% below the Healthcare Providers & Services median (#368 of 683)
No single metric tells the full story. See the NSE:KOVAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kovai Medical Center & Hospital Business Description
Kovai Medical Center & Hospital Ltd provides hospital services to inpatients and outpatients. The company's operating segments include Healthcare Services and Education Services. It generates maximum revenue from the Healthcare segment. The company operates various medical facilities, which provide services related to critical care medicine, dermatology, emergency, Endocrinology and Diabetology, Fertility and reproductive medicine, gastroenterology, neonatology, nephrology, neurology, obstetrics and gynecology, pediatric surgery, pulmonology, psychological medicine, and rheumatology, as well as health check programs and pediatrics.
75GF Score
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