Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Paras PetrofilsNSE:PARASPETRO -1.61%33 Quick Ratio is 278.62 as of Mar. 2026, which is 155% above its 10-year median of 109.40. GuruFocus rates NSE:PARASPETRO with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 1,070 Manufacturing - Apparel & Accessories companies, Paras Petrofils ranks better than 99.44% 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. Paras Petrofils's quick ratio for the quarter that ended in Mar. 2026 was 278.62.
Paras Petrofils has a quick ratio of 278.62. It generally indicates good short-term financial strength.
The historical rank and industry rank for Paras Petrofils's Quick Ratio or its related term are showing as below:
NSE:PARASPETRO'
s Quick Ratio Range Over the Past 10 Years
Min: 42.26 Med: 109.4 Max: 769.07
Current: 278.62
During the past 13 years, Paras Petrofils's highest Quick Ratio was 769.07. The lowest was 42.26. And the median was 109.40.
NSE:PARASPETRO's Quick Ratio is ranked better than 99.44% of 1070
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.1
vs NSE:PARASPETRO: 278.62
Paras Petrofils (NSE:PARASPETRO) 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.
Paras Petrofils Quick Ratio Related Terms
Paras Petrofils Quick Ratio Historical Data
* Premium members only.
The historical data trend for Paras Petrofils'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 Textile Manufacturing subindustry, Paras Petrofils'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.
Paras Petrofils Quick Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Paras Petrofils's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Paras Petrofils'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.
Paras Petrofils'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.
Paras Petrofils (NSE:PARASPETRO) has a Quick Ratio of 278.62 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Paras Petrofils and its competitors. This is 155% above median its historical median of 109.40. Over the past decade, Paras Petrofils' Quick Ratio has ranged from 42.26 to 769.07. According to the industry distribution chart, Paras Petrofils ranks #6 out of 1070 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 0.59999999999999%.
Is Paras Petrofils' Quick Ratio too high?
Paras Petrofils' current Quick Ratio of 278.62 is 155% above median its 10-year median of 109.40. Over the past 10 years, this metric has ranged from a low of 42.26 to a high of 769.07. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.10. Paras Petrofils' value of 278.62 is 25229.1% above this industry median. Based on the distribution chart, Paras Petrofils ranks #6 out of 1070 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Paras Petrofils has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Paras Petrofils' Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Paras Petrofils ranks #6 out of 1070 companies for Quick Ratio. This places Paras Petrofils in the top 1% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.10. Paras Petrofils' value of 278.62 is 25229.1% above this benchmark. Historically, Paras Petrofils' own Quick Ratio has ranged from 42.26 to 769.07 over the past decade. While the company's 10-year median is 109.40 vs. the industry median of 1.10, Paras Petrofils 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.10, based on 1,070 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. Paras Petrofils's current Quick Ratio of 278.62 is 25229.1% 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 Paras Petrofils and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paras Petrofils's current Quick Ratio is 278.62, which is 155% above median its own 10-year median of 109.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paras Petrofils stock overvalued right now?
Paras Petrofils (NSE:PARASPETRO) has a current Quick Ratio of 278.62. The current Quick Ratio is 278.62, which is 155% above median its 10-year median of 109.40 and 25229.1% above the Manufacturing - Apparel & Accessories industry median of 1.10. Paras Petrofils' overall GF Score™ is 33/100 with 1 warning sign 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 Paras Petrofils (NSE:PARASPETRO), the current Quick Ratio is 278.62 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:PARASPETRO has been successfully added to your 
