Onida ElectronicsNSE:ONIDA -0.54%41 Quick Ratio is 1.19 as of Mar. 2026, which is 159% above its 10-year median of 0.46. GuruFocus rates NSE:ONIDA with a GF Score™ of 41/100 and a GF Value™ of ₹10.52 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 437 Furnishings, Fixtures & Appliances companies, Onida Electronics ranks worse than 53.55% on this metric.
Onida Electronics has a quick ratio of 1.19. It generally indicates good short-term financial strength.
The historical rank and industry rank for Onida Electronics's Quick Ratio or its related term are showing as below:
NSE:ONIDA'
s Quick Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.46 Max: 1.19
Current: 1.19
During the past 13 years, Onida Electronics's highest Quick Ratio was 1.19. The lowest was 0.30. And the median was 0.46.
NSE:ONIDA's Quick Ratio is ranked worse than 53.55% of 437
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.27
vs NSE:ONIDA: 1.19
Onida Electronics (NSE:ONIDA) 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.
Onida Electronics Quick Ratio Related Terms
Onida Electronics Quick Ratio Historical Data
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The historical data trend for Onida Electronics'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.
For the Furnishings, Fixtures & Appliances subindustry, Onida Electronics'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.
Onida Electronics Quick Ratio vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Onida Electronics's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Onida Electronics'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.
Onida Electronics's Quick Ratio for the fiscal year that ended in Mar. 2026 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.
Onida Electronics (NSE:ONIDA) has a Quick Ratio of 1.19 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Onida Electronics and its competitors. This is 159% above median its historical median of 0.46. Over the past decade, Onida Electronics' Quick Ratio has ranged from 0.30 to 1.19. According to the industry distribution chart, Onida Electronics ranks #234 out of 437 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 53.5%.
Is Onida Electronics' Quick Ratio too high?
Onida Electronics' current Quick Ratio of 1.19 is 159% above median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.19. The Furnishings, Fixtures & Appliances industry median Quick Ratio is 1.27. Onida Electronics' value of 1.19 is 6.3% below this industry median. Based on the distribution chart, Onida Electronics ranks #234 out of 437 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Onida Electronics has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Onida Electronics' Quick Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Onida Electronics ranks #234 out of 437 companies for Quick Ratio. This places Onida Electronics in the lower half of its industry. The industry median Quick Ratio is 1.27. Onida Electronics' value of 1.19 is 6.3% below this benchmark. Historically, Onida Electronics' own Quick Ratio has ranged from 0.30 to 1.19 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 1.27, Onida Electronics has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median Quick Ratio among Furnishings, Fixtures & Appliances companies is 1.27, based on 437 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. Onida Electronics's current Quick Ratio of 1.19 is 6.3% 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 Onida Electronics and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Quick Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onida Electronics's current Quick Ratio is 1.19, which is 159% above median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onida Electronics stock overvalued right now?
Based on GuruFocus' analysis, Onida Electronics (NSE:ONIDA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹10.52, compared to a current price of ₹42.06 — trading 299.8% above its estimated fair value. The current Quick Ratio is 1.19, which is 159% above median its 10-year median of 0.46 and 6.3% below the Furnishings, Fixtures & Appliances industry median of 1.27. Onida Electronics' overall GF Score™ is 41/100 with 5 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 Onida Electronics (NSE:ONIDA), the current Quick Ratio is 1.19 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 Onida Electronics (NSE:ONIDA) Overvalued in 2026?
Based on GuruFocus' analysis, Onida Electronics stock appears to be overvalued.
The current stock price of ₹42.06 is trading 299.8% above its estimated GF Value™ of ₹10.52.
GuruFocus considers Onida Electronics to be Significantly Overvalued.
Key valuation signals for NSE:ONIDA:
Quick Ratio: 1.19 (159% above median its 10-year median of 0.46)
GF Value™: ₹10.52 vs. price of ₹42.06 (299.8% above fair value)
Industry Position: 6.3% below the Furnishings, Fixtures & Appliances median (#234 of 437)
No single metric tells the full story. See the NSE:ONIDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Onida Electronics Ltd is engaged in the manufacturing and trading of consumer electronic products. Its offerings include Televisions, Air Conditioners, Washing Machines, Refrigerators, Air Coolers and Microwave Ovens.
41GF Score
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