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Laxmi India FinanceNSE:LAXMIINDIA -0.37%10 Quick Ratio is 502.57 as of Mar. 2026, which is 38264% above its 10-year median of 1.31. GuruFocus rates NSE:LAXMIINDIA with a GF Score™ of 10/100. The stock has 4 warning signs investors should review. Among 402 Credit Services companies, Laxmi India Finance ranks better than 93.03% on this metric.
Laxmi India Finance has a quick ratio of 502.57. It generally indicates good short-term financial strength.
The historical rank and industry rank for Laxmi India Finance's Quick Ratio or its related term are showing as below:
NSE:LAXMIINDIA'
s Quick Ratio Range Over the Past 10 Years
Min: 1.07 Med: 1.31 Max: 502.57
Current: 502.57
During the past 5 years, Laxmi India Finance's highest Quick Ratio was 502.57. The lowest was 1.07. And the median was 1.31.
NSE:LAXMIINDIA's Quick Ratio is ranked better than 93.03% of 402
companies
in the Credit Services industry
Industry Median: 3.48
vs NSE:LAXMIINDIA: 502.57
Laxmi India Finance (NSE:LAXMIINDIA) 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 India Finance Quick Ratio Related Terms
Laxmi India Finance Quick Ratio Historical Data
* Premium members only.
The historical data trend for Laxmi India Finance'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.
NSE:LAXMIINDIA vs V, MA, AXP: Quick Ratio Comparison
For the Credit Services subindustry, Laxmi India Finance'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 India Finance Quick Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Laxmi India Finance's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Laxmi India Finance'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.
Laxmi India Finance'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.
Laxmi India Finance (NSE:LAXMIINDIA) has a Quick Ratio of 502.57 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Laxmi India Finance and its competitors. This is 38264% above median its historical median of 1.31. Over the past decade, Laxmi India Finance's Quick Ratio has ranged from 1.07 to 502.57. According to the industry distribution chart, Laxmi India Finance ranks #28 out of 402 companies in the Credit Services industry, placing it in the top 7%.
Is Laxmi India Finance's Quick Ratio too high?
Laxmi India Finance's current Quick Ratio of 502.57 is 38264% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 502.57. The Credit Services industry median Quick Ratio is 3.48. Laxmi India Finance's value of 502.57 is 14341.7% above this industry median. Based on the distribution chart, Laxmi India Finance ranks #28 out of 402 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Laxmi India Finance has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Laxmi India Finance's Quick Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Laxmi India Finance ranks #28 out of 402 companies for Quick Ratio. This places Laxmi India Finance in the top 7% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 3.48. Laxmi India Finance's value of 502.57 is 14341.7% above this benchmark. Historically, Laxmi India Finance's own Quick Ratio has ranged from 1.07 to 502.57 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 3.48, Laxmi India Finance 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 Credit Services company?
The median Quick Ratio among Credit Services companies is 3.48, based on 402 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 India Finance's current Quick Ratio of 502.57 is 14341.7% 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 India Finance and its competitors. For the Credit Services industry, the median Quick Ratio is 3.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laxmi India Finance's current Quick Ratio is 502.57, which is 38264% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laxmi India Finance stock overvalued right now?
Laxmi India Finance (NSE:LAXMIINDIA) has a current Quick Ratio of 502.57. The current Quick Ratio is 502.57, which is 38264% above median its 10-year median of 1.31 and 14341.7% above the Credit Services industry median of 3.48. Laxmi India Finance's overall GF Score™ is 10/100 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 India Finance (NSE:LAXMIINDIA), the current Quick Ratio is 502.57 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 India Finance Ltd is a non-deposit taking non-banking financial company focused on serving the financial needs of underserved customers in India's lending market. Its operational network spans across approximately 158 branches in rural, semi-urban and urban areas in the states of Rajasthan, Gujarat, Madhya Pradesh, Chhattisgarh and Uttar Pradesh. Its product portfolio includes MSME loans, vehicle loans, construction loans and other lending products catering to the diverse financial needs of its customers. The company's MSME lending fuels economic growth and promotes financial inclusion by supporting small businesses and entrepreneurs, with over 80% of its MSME loans qualifying as Priority Sector Lending under RBI guidelines.
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