Mazda (NSE:MAZDA) Quick Ratio: 2.38 (As of Mar. 2026) — 25% Below Median


NSE:MAZDA Mazda Ltd NSE:MAZDA
92 GF Score
Price ₹231.37
GF Value ₹263.92
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Mazda Quick Ratio?

Mazda NSE:MAZDA -0.90% 92 Quick Ratio is 2.38 as of Mar. 2026, which is 25% below its 10-year median of 3.18. GuruFocus rates NSE:MAZDA with a GF Score™ of 92/100 and a GF Value™ of ₹263.92 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 3,071 Industrial Products companies, Mazda ranks better than 76.62% on this metric.

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. Mazda's quick ratio for the quarter that ended in Mar. 2026 was 2.38.

Mazda has a quick ratio of 2.38. It generally indicates good short-term financial strength.

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

NSE:MAZDA' s Quick Ratio Range Over the Past 10 Years
Min: 2.01   Med: 3.18   Max: 5.3
Current: 2.38

During the past 13 years, Mazda's highest Quick Ratio was 5.30. The lowest was 2.01. And the median was 3.18.

NSE:MAZDA's Quick Ratio is ranked better than
76.62% of 3071 companies
in the Industrial Products industry
Industry Median: 1.39 vs NSE:MAZDA: 2.38

Mazda  (NSE:MAZDA) 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.


Mazda Quick Ratio Related Terms


Mazda Quick Ratio Historical Data

* Premium members only.

The historical data trend for Mazda'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.

Mazda Quick Ratio Chart

Mazda Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.10 2.70 5.30 4.91 2.38

Mazda Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.91 0.00 3.06 0.00 2.38

NSE:MAZDA vs GEV, ETN, PH: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, Mazda'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.


Mazda Quick Ratio vs Industrial Products Industry

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

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


NSE:MAZDA
92GF Score
Mazda Ltd NSE:MAZDA
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mazda 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.

Mazda's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2360.597-981.693)/578.607
=2.38

Mazda's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2360.597-981.693)/578.607
=2.38

* 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 2.38 mean?
Mazda (NSE:MAZDA) has a Quick Ratio of 2.38 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mazda and its competitors. This is 25% below median its historical median of 3.18. Over the past decade, Mazda's Quick Ratio has ranged from 2.01 to 5.30. According to the industry distribution chart, Mazda ranks #718 out of 3071 companies in the Industrial Products industry, placing it in the top 23.4%.
Is Mazda's Quick Ratio too high?
Mazda's current Quick Ratio of 2.38 is 25% below median its 10-year median of 3.18. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 5.30. The Industrial Products industry median Quick Ratio is 1.39. Mazda's value of 2.38 is 71.2% above this industry median. Based on the distribution chart, Mazda ranks #718 out of 3071 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mazda has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mazda's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mazda ranks #718 out of 3071 companies for Quick Ratio. This places Mazda in the top 23% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.39. Mazda's value of 2.38 is 71.2% above this benchmark. Historically, Mazda's own Quick Ratio has ranged from 2.01 to 5.30 over the past decade. While the company's 10-year median is 3.18 vs. the industry median of 1.39, Mazda 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 1.39, based on 3,071 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. Mazda's current Quick Ratio of 2.38 is 71.2% 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 Mazda 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. Mazda's current Quick Ratio is 2.38, which is 25% below median its own 10-year median of 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mazda stock overvalued right now?
Based on GuruFocus' analysis, Mazda (NSE:MAZDA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹263.92, compared to a current price of ₹231.37 — trading 12.3% below its estimated fair value. The current Quick Ratio is 2.38, which is 25% below median its 10-year median of 3.18 and 71.2% above the Industrial Products industry median of 1.39. Mazda's overall GF Score™ is 92/100 with 3 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 Mazda (NSE:MAZDA), the current Quick Ratio is 2.38 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 Mazda (NSE:MAZDA) Overvalued in 2026?

Based on GuruFocus' analysis, Mazda stock appears to be undervalued. The current stock price of ₹231.37 is trading 12.3% below its estimated GF Value™ of ₹263.92. GuruFocus considers Mazda to be Modestly Undervalued.

Key valuation signals for NSE:MAZDA:

  • Quick Ratio: 2.38 (25% below median its 10-year median of 3.18)
  • GF Value™: ₹263.92 vs. price of ₹231.37 (12.3% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 71.2% above the Industrial Products median (#718 of 3071)

No single metric tells the full story. See the NSE:MAZDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mazda Business Description

Other Exchanges 523792:India
Address 650/1, Panchwati 2nd Lane, Ambawadi, Mazda House, Ahmedabad, GJ, IND, 380 006
Mazda Ltd Company is an India based engineering company. The company's operating segment includes Engineering Products and Food Products. It generates maximum revenue from the Engineering Products segment which includes the manufacturing of Engineering goods like Vaccum Products, Evaporators, Pollution Control Equipment. The Food Products segment includes the manufacturing of Food Products like Food Colour, various Fruit Jams and Fruit Mix Powders and others. Geographically, it derives a majority of revenue from within India.
92GF Score

Get the complete analysis for NSE:MAZDA

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹231.37
Price
₹263.92
GF Value