Mandeep Auto IndustriesNSE:MANDEEP 18 Quick Ratio is 3.55 as of Mar. 2025, which is 570% above its 10-year median of 0.53. GuruFocus rates NSE:MANDEEP with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Mandeep Auto Industries ranks better than 91.62% on this metric.
Mandeep Auto Industries has a quick ratio of 3.55. It generally indicates good short-term financial strength.
The historical rank and industry rank for Mandeep Auto Industries's Quick Ratio or its related term are showing as below:
NSE:MANDEEP'
s Quick Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.53 Max: 3.55
Current: 3.55
During the past 5 years, Mandeep Auto Industries's highest Quick Ratio was 3.55. The lowest was 0.35. And the median was 0.53.
NSE:MANDEEP's Quick Ratio is ranked better than 91.62% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 1.05
vs NSE:MANDEEP: 3.55
Mandeep Auto Industries (NSE:MANDEEP) 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.
Mandeep Auto Industries Quick Ratio Related Terms
Mandeep Auto Industries 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.
Mandeep Auto Industries Quick Ratio Chart
Mandeep Auto Industries Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Quick Ratio
0.60
0.35
0.46
0.53
3.55
Mandeep Auto Industries Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Quick Ratio
0.60
0.35
0.46
0.53
3.55
NSE:MANDEEP vs ORLY, AZO: Quick Ratio Comparison
For the Auto Parts subindustry, Mandeep Auto Industries'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.
Mandeep Auto Industries Quick Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mandeep Auto Industries's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Mandeep Auto Industries'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.
Mandeep Auto Industries'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.
Mandeep Auto Industries (NSE:MANDEEP) has a Quick Ratio of 3.55 as of Mar. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mandeep Auto Industries and its competitors. This is 570% above median its historical median of 0.53. Over the past decade, Mandeep Auto Industries' Quick Ratio has ranged from 0.35 to 3.55. According to the industry distribution chart, Mandeep Auto Industries ranks #112 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 8.4%.
Is Mandeep Auto Industries' Quick Ratio too high?
Mandeep Auto Industries' current Quick Ratio of 3.55 is 570% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 3.55. The Vehicles & Parts industry median Quick Ratio is 1.05. Mandeep Auto Industries' value of 3.55 is 238.1% above this industry median. Based on the distribution chart, Mandeep Auto Industries ranks #112 out of 1337 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Mandeep Auto Industries has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Mandeep Auto Industries' Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Mandeep Auto Industries ranks #112 out of 1337 companies for Quick Ratio. This places Mandeep Auto Industries in the top 8% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.05. Mandeep Auto Industries' value of 3.55 is 238.1% above this benchmark. Historically, Mandeep Auto Industries' own Quick Ratio has ranged from 0.35 to 3.55 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.05, Mandeep Auto Industries 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 Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.05, based on 1,337 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. Mandeep Auto Industries's current Quick Ratio of 3.55 is 238.1% 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 Mandeep Auto Industries and its competitors. For the Vehicles & Parts 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. Mandeep Auto Industries's current Quick Ratio is 3.55, which is 570% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mandeep Auto Industries stock overvalued right now?
Mandeep Auto Industries (NSE:MANDEEP) has a current Quick Ratio of 3.55. The current Quick Ratio is 3.55, which is 570% above median its 10-year median of 0.53 and 238.1% above the Vehicles & Parts industry median of 1.05. Mandeep Auto Industries' overall GF Score™ is 18/100 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 Mandeep Auto Industries (NSE:MANDEEP), the current Quick Ratio is 3.55 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.
Mandeep Auto Industries Ltd is engaged in the manufacturing, assembly, trading, import, export, distribution, franchising, and marketing of a wide range of automobile components and accessories. Its product portfolio comprises gears, transmissions, universal joints, springs, leaves, head lamps, sealed beams, induction hardened pins, axles, alloy springs, accessories, and fittings of all kinds. Additionally, the company also operates as a garage operator and showroom owner for motor vehicles, and acts as a supplier and dealer of petrol, electricity, and other forms of motive power. It also provides support and consulting services within the automotive sector. The company operates in a single business segment, the business of trading in automobile parts.
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