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Marine Electricals (India)NSE:MARINE +4.47%86 Quick Ratio is 1.88 as of Mar. 2026, which is 54% above its 10-year median of 1.22. GuruFocus rates NSE:MARINE with a GF Score™ of 86/100 and a GF Value™ of ₹199.17 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,076 Industrial Products companies, Marine Electricals (India) ranks better than 67.3% on this metric.
Marine Electricals (India) (NSE:MARINE) 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.
Marine Electricals (India) Quick Ratio Related Terms
Marine Electricals (India) 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.
For the Electrical Equipment & Parts subindustry, Marine Electricals (India)'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.
Marine Electricals (India) Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Marine Electricals (India)'s Quick Ratio distribution charts can be found below:
* The bar in red indicates where Marine Electricals (India)'s Quick Ratio falls into.
Marine Electricals (India) 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.
Marine Electricals (India) (NSE:MARINE) has a Quick Ratio of 1.88 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Marine Electricals (India) and its competitors. This is 54% above median its historical median of 1.22. Over the past decade, Marine Electricals (India)'s Quick Ratio has ranged from 0.95 to 1.88. According to the industry distribution chart, Marine Electricals (India) ranks #1006 out of 3076 companies in the Industrial Products industry, placing it in the top 32.7%.
Is Marine Electricals (India)'s Quick Ratio too high?
Marine Electricals (India)'s current Quick Ratio of 1.88 is 54% above median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 1.88. The Industrial Products industry median Quick Ratio is 1.38. Marine Electricals (India)'s value of 1.88 is 36.2% above this industry median. Based on the distribution chart, Marine Electricals (India) ranks #1006 out of 3076 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Marine Electricals (India) has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marine Electricals (India)'s Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Marine Electricals (India) ranks #1006 out of 3076 companies for Quick Ratio. This puts Marine Electricals (India) in the upper half of its industry. The industry median Quick Ratio is 1.38. Marine Electricals (India)'s value of 1.88 is 36.2% above this benchmark. Historically, Marine Electricals (India)'s own Quick Ratio has ranged from 0.95 to 1.88 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 1.38, Marine Electricals (India) 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.38, based on 3,076 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. Marine Electricals (India)'s current Quick Ratio of 1.88 is 36.2% 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 Marine Electricals (India) and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marine Electricals (India)'s current Quick Ratio is 1.88, which is 54% above median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marine Electricals (India) stock overvalued right now?
Based on GuruFocus' analysis, Marine Electricals (India) (NSE:MARINE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹199.17, compared to a current price of ₹300.60 — trading 50.9% above its estimated fair value. The current Quick Ratio is 1.88, which is 54% above median its 10-year median of 1.22 and 36.2% above the Industrial Products industry median of 1.38. Marine Electricals (India)'s overall GF Score™ is 86/100 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 Marine Electricals (India) (NSE:MARINE), the current Quick Ratio is 1.88 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 Marine Electricals (India) (NSE:MARINE) Overvalued in 2026?
Based on GuruFocus' analysis, Marine Electricals (India) stock appears to be overvalued.
The current stock price of ₹300.60 is trading 50.9% above its estimated GF Value™ of ₹199.17.
GuruFocus considers Marine Electricals (India) to be Significantly Overvalued.
Key valuation signals for NSE:MARINE:
Quick Ratio: 1.88 (54% above median its 10-year median of 1.22)
GF Value™: ₹199.17 vs. price of ₹300.60 (50.9% above fair value)
Industry Position: 36.2% above the Industrial Products median (#1006 of 3076)
No single metric tells the full story. See the NSE:MARINE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marine Electricals (India) Ltd is engaged in providing integrated electrical and automation solutions. It is engaged in the manufacturing and sale of all types of marine and industrial electrical and electronic components like switch-gears, marine motors, control-gears, monitoring and control systems, etc., and is also engaged in the renewable energy sector, specifically solar. The company also provides services like designing, fabricating, etc., for all types of electrical and electronic installations and undertakes annual maintenance contracts. Its segments are: Marine and Industry. The Industry segment, which generates maximum revenue, provides products and services of power distribution and solutions for industries like data centres, industrial, and large buildings.
86GF Score
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