Laxmi Dental (NSE:LAXMIDENTL) Quick Ratio: 5.42 (As of Mar. 2026) — 721% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:LAXMIDENTL Laxmi Dental Ltd NSE:LAXMIDENTL
28 GF Score
Price ₹221.94
! 4 Warning Signs
View Full Analysis

What is Laxmi Dental Quick Ratio?

Laxmi Dental NSE:LAXMIDENTL +0.99% 28 Quick Ratio is 5.42 as of Mar. 2026, which is 721% above its 10-year median of 0.66. GuruFocus rates NSE:LAXMIDENTL with a GF Score™ of 28/100. The stock has 4 warning signs investors should review. Among 855 Medical Devices & Instruments companies, Laxmi Dental ranks better than 84.44% 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. Laxmi Dental's quick ratio for the quarter that ended in Mar. 2026 was 5.42.

Laxmi Dental has a quick ratio of 5.42. It generally indicates good short-term financial strength.

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

NSE:LAXMIDENTL' s Quick Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.66   Max: 5.42
Current: 5.42

During the past 5 years, Laxmi Dental's highest Quick Ratio was 5.42. The lowest was 0.51. And the median was 0.66.

NSE:LAXMIDENTL's Quick Ratio is ranked better than
84.44% of 855 companies
in the Medical Devices & Instruments industry
Industry Median: 1.89 vs NSE:LAXMIDENTL: 5.42

Laxmi Dental  (NSE:LAXMIDENTL) 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.


Laxmi Dental Quick Ratio Related Terms


Laxmi Dental Quick Ratio Historical Data

* Premium members only.

The historical data trend for Laxmi Dental'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.

Laxmi Dental Quick Ratio Chart

Laxmi Dental Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
0.51 0.51 0.66 2.97 5.42

Laxmi Dental Quarterly Data
Mar22 Mar23 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 2.97 0.00 3.71 0.00 5.42

NSE:LAXMIDENTL vs ISRG, BDX, MDLN: Quick Ratio Comparison

For the Medical Instruments & Supplies subindustry, Laxmi Dental'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.


Laxmi Dental Quick Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Laxmi Dental's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Laxmi Dental's Quick Ratio falls into.


NSE:LAXMIDENTL
28GF Score
Laxmi Dental Ltd NSE:LAXMIDENTL
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Laxmi Dental 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.

Laxmi Dental'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
=(1887.22-217.53)/307.92
=5.42

Laxmi Dental'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
=(1887.22-217.53)/307.92
=5.42

* 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 5.42 mean?
Laxmi Dental (NSE:LAXMIDENTL) has a Quick Ratio of 5.42 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Laxmi Dental and its competitors. This is 721% above median its historical median of 0.66. Over the past decade, Laxmi Dental's Quick Ratio has ranged from 0.51 to 5.42. According to the industry distribution chart, Laxmi Dental ranks #133 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 15.6%.
Is Laxmi Dental's Quick Ratio too high?
Laxmi Dental's current Quick Ratio of 5.42 is 721% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 5.42. The Medical Devices & Instruments industry median Quick Ratio is 1.89. Laxmi Dental's value of 5.42 is 186.8% above this industry median. Based on the distribution chart, Laxmi Dental ranks #133 out of 855 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Laxmi Dental has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Laxmi Dental's Quick Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Laxmi Dental ranks #133 out of 855 companies for Quick Ratio. This places Laxmi Dental in the top 16% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.89. Laxmi Dental's value of 5.42 is 186.8% above this benchmark. Historically, Laxmi Dental's own Quick Ratio has ranged from 0.51 to 5.42 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 1.89, Laxmi Dental 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 Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.89, based on 855 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. Laxmi Dental's current Quick Ratio of 5.42 is 186.8% 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 Laxmi Dental and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laxmi Dental's current Quick Ratio is 5.42, which is 721% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laxmi Dental stock overvalued right now?
Laxmi Dental (NSE:LAXMIDENTL) has a current Quick Ratio of 5.42. The current Quick Ratio is 5.42, which is 721% above median its 10-year median of 0.66 and 186.8% above the Medical Devices & Instruments industry median of 1.89. Laxmi Dental's overall GF Score™ is 28/100 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 Laxmi Dental (NSE:LAXMIDENTL), the current Quick Ratio is 5.42 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.

Laxmi Dental Business Description

Other Exchanges 544339:India
Address 301, A-wing, Interface-16, Mindspace, Malad (West, Mumbai, MH, IND, 400064
Laxmi Dental Ltd is an end-to-end integrated dental products company. Its products include custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets, and aligner-related products as a part of aligner solutions, and paediatric dental products. The Group has three reportable segments: Laboratory Business segment comprises dental prostheses, such as metal-free crowns & bridges, Porcelain Fused to Metal (PFM) Crowns and Bridges, and Dentures. The Aligners Business segment comprises dental aligners, Retainers, Raw Materials for Aligners, Sport Guards, Night Guards, and Sleep Apnea Devices. The Other Business segment comprises Dental distribution products used in Dental Laboratory, Dental Clinical Services, and Dental Educational Courses.
28GF Score

Get the complete analysis for NSE:LAXMIDENTL

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

₹221.94
Price