Marshall Machines (NSE:MARSHALL) Quick Ratio: 0.79 (As of Mar. 2024)


NSE:MARSHALL Marshall Machines Ltd NSE:MARSHALL
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What is Marshall Machines Quick Ratio?

Marshall Machines NSE:MARSHALL 4 Quick Ratio is 0.79 as of Mar. 2024. GuruFocus rates NSE:MARSHALL with a GF Score™ of 4/100.

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. Marshall Machines's quick ratio for the quarter that ended in Mar. 2024 was 0.79.

Marshall Machines has a quick ratio of 0.79. It indicates that the company cannot currently fully pay back its current liabilities.

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

NSE:MARSHALL's Quick Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.39
* Ranked among companies with meaningful Quick Ratio only.

Marshall Machines  (NSE:MARSHALL) 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.


Marshall Machines Quick Ratio Related Terms


Marshall Machines Quick Ratio Historical Data

* Premium members only.

The historical data trend for Marshall Machines'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.

Marshall Machines Quick Ratio Chart

Marshall Machines Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.23 0.30 0.40 0.79

Marshall Machines Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.30 0.27 0.40 0.44 0.79

NSE:MARSHALL vs ETN, PH, ITW: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, Marshall Machines'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.


Marshall Machines Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Marshall Machines's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Marshall Machines's Quick Ratio falls into.


NSE:MARSHALL
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Marshall Machines Ltd NSE:MARSHALL
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Marshall Machines 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.

Marshall Machines's Quick Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Quick Ratio (A: Mar. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(941.885-426.031)/651.792
=0.79

Marshall Machines's Quick Ratio for the quarter that ended in Mar. 2024 is calculated as

Quick Ratio (Q: Mar. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(941.885-426.031)/651.792
=0.79

* 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 0.79 mean?
Marshall Machines (NSE:MARSHALL) has a Quick Ratio of 0.79 as of Mar. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Marshall Machines and its competitors.
Is Marshall Machines' Quick Ratio too high?
Marshall Machines' current Quick Ratio is 0.79. The Industrial Products industry median Quick Ratio is 1.39. Marshall Machines' value of 0.79 is 43.2% below this industry median. Overall, Marshall Machines has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Marshall Machines' Quick Ratio compare to ETN and PH?
Marshall Machines' Quick Ratio of 0.79 can be compared against companies in the Industrial Products industry. The industry median Quick Ratio is 1.39. Marshall Machines' value of 0.79 is 43.2% below this benchmark. 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 1.39, based on 3,073 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. Marshall Machines's current Quick Ratio of 0.79 is 43.2% below 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 Marshall Machines and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marshall Machines's current Quick Ratio is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marshall Machines stock overvalued right now?
Marshall Machines (NSE:MARSHALL) has a current Quick Ratio of 0.79. The current Quick Ratio is 0.79 and 43.2% below the Industrial Products industry median of 1.39. Marshall Machines' overall GF Score™ is 4/100. 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 Marshall Machines (NSE:MARSHALL), the current Quick Ratio is 0.79 as of Mar. 2024. 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.

Marshall Machines Business Description

Address C 86, Phase-V, Focal Point, Ludhiana, PB, IND, 141010
Marshall Machines Ltd is an India based company is engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment including wide range of single spindle, patented double and four spindle CNC machines, automated robotic solutions and patent pending IoTQ suite of intelligent equipment. Its products and services are offered to a wide range of industries including manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, and Bushes among others. The company sells its products in India and also exports it to other countries, of which key revenue is generated from sales made within the country.
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