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Lumax Auto Technologies (NSE:LUMAXTECH) Quick Ratio : 0.87 (As of Mar. 2025)


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What is Lumax Auto Technologies Quick Ratio?

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. Lumax Auto Technologies's quick ratio for the quarter that ended in Mar. 2025 was 0.87.

Lumax Auto Technologies has a quick ratio of 0.87. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Lumax Auto Technologies's Quick Ratio or its related term are showing as below:

NSE:LUMAXTECH' s Quick Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.06   Max: 1.12
Current: 0.87

During the past 13 years, Lumax Auto Technologies's highest Quick Ratio was 1.12. The lowest was 0.87. And the median was 1.06.

NSE:LUMAXTECH's Quick Ratio is ranked worse than
61.03% of 1324 companies
in the Vehicles & Parts industry
Industry Median: 1.03 vs NSE:LUMAXTECH: 0.87

Lumax Auto Technologies Quick Ratio Historical Data

The historical data trend for Lumax Auto Technologies'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.

* Premium members only.

Lumax Auto Technologies Quick Ratio Chart

Lumax Auto Technologies Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.10 1.09 0.96 0.87

Lumax Auto Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 - 0.86 - 0.87

Competitive Comparison of Lumax Auto Technologies's Quick Ratio

For the Auto Parts subindustry, Lumax Auto Technologies'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.


Lumax Auto Technologies's Quick Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lumax Auto Technologies's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Lumax Auto Technologies's Quick Ratio falls into.


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Lumax Auto Technologies 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.

Lumax Auto Technologies's Quick Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Quick Ratio (A: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(15956.343-3664.585)/14203.343
=0.87

Lumax Auto Technologies's Quick Ratio for the quarter that ended in Mar. 2025 is calculated as

Quick Ratio (Q: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(15956.343-3664.585)/14203.343
=0.87

* 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.


Lumax Auto Technologies  (NSE:LUMAXTECH) 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.


Lumax Auto Technologies Quick Ratio Related Terms

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Lumax Auto Technologies Business Description

Traded in Other Exchanges
Address
Plot No. 878, Udyog Vihar, Phase - V, Gurugram, HR, IND, 122016
Lumax Auto Technologies Ltd operates in the automobile components industry. The company is engaged in the business of manufacturing automotive lighting equipment and automotive components. The company provides automotive parts like Lighting, Chassis, Gear shifter, Integrated plastic modules, Intake systems, Aftermarket, Seat structures, and other products.

Lumax Auto Technologies Headlines

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