Plaza Wires (NSE:PLAZACABLE) Quick Ratio: 1.69 (As of Mar. 2026) — 63% Above Median


NSE:PLAZACABLE Plaza Wires Ltd NSE:PLAZACABLE
38 GF Score
Price ₹46.02
! 3 Warning Signs
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What is Plaza Wires Quick Ratio?

Plaza Wires NSE:PLAZACABLE -2.19% 38 Quick Ratio is 1.69 as of Mar. 2026, which is 63% above its 10-year median of 1.04. GuruFocus rates NSE:PLAZACABLE with a GF Score™ of 38/100. The stock has 3 warning signs investors should review. Among 3,071 Industrial Products companies, Plaza Wires ranks better than 61.64% 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. Plaza Wires's quick ratio for the quarter that ended in Mar. 2026 was 1.69.

Plaza Wires has a quick ratio of 1.69. It generally indicates good short-term financial strength.

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

NSE:PLAZACABLE' s Quick Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.04   Max: 2.25
Current: 1.69

During the past 8 years, Plaza Wires's highest Quick Ratio was 2.25. The lowest was 0.82. And the median was 1.04.

NSE:PLAZACABLE's Quick Ratio is ranked better than
61.64% of 3071 companies
in the Industrial Products industry
Industry Median: 1.39 vs NSE:PLAZACABLE: 1.69

Plaza Wires  (NSE:PLAZACABLE) 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.


Plaza Wires Quick Ratio Related Terms


Plaza Wires Quick Ratio Historical Data

* Premium members only.

The historical data trend for Plaza Wires'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.

Plaza Wires Quick Ratio Chart

Plaza Wires Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial 0.95 1.08 2.25 2.04 1.69

Plaza Wires Quarterly Data
Mar19 Mar20 Mar21 Dec21 Mar22 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 2.04 0.00 1.63 0.00 1.69

NSE:PLAZACABLE vs VRT, BE: Quick Ratio Comparison

For the Electrical Equipment & Parts subindustry, Plaza Wires'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.


Plaza Wires Quick Ratio vs Industrial Products Industry

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

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


NSE:PLAZACABLE
38GF Score
Plaza Wires Ltd NSE:PLAZACABLE
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Plaza Wires 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.

Plaza Wires'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
=(1269.86-424.06)/499.62
=1.69

Plaza Wires'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
=(1269.86-424.06)/499.62
=1.69

* 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 1.69 mean?
Plaza Wires (NSE:PLAZACABLE) has a Quick Ratio of 1.69 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Plaza Wires and its competitors. This is 63% above median its historical median of 1.04. Over the past decade, Plaza Wires' Quick Ratio has ranged from 0.82 to 2.25. According to the industry distribution chart, Plaza Wires ranks #1178 out of 3071 companies in the Industrial Products industry, placing it in the top 38.4%.
Is Plaza Wires' Quick Ratio too high?
Plaza Wires' current Quick Ratio of 1.69 is 63% above median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 2.25. The Industrial Products industry median Quick Ratio is 1.39. Plaza Wires' value of 1.69 is 21.6% above this industry median. Based on the distribution chart, Plaza Wires ranks #1178 out of 3071 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Plaza Wires has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Plaza Wires' Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Plaza Wires ranks #1178 out of 3071 companies for Quick Ratio. This puts Plaza Wires in the upper half of its industry. The industry median Quick Ratio is 1.39. Plaza Wires' value of 1.69 is 21.6% above this benchmark. Historically, Plaza Wires' own Quick Ratio has ranged from 0.82 to 2.25 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.39, Plaza Wires 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. Plaza Wires's current Quick Ratio of 1.69 is 21.6% 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 Plaza Wires 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. Plaza Wires's current Quick Ratio is 1.69, which is 63% above median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plaza Wires stock overvalued right now?
Plaza Wires (NSE:PLAZACABLE) has a current Quick Ratio of 1.69. The current Quick Ratio is 1.69, which is 63% above median its 10-year median of 1.04 and 21.6% above the Industrial Products industry median of 1.39. Plaza Wires' overall GF Score™ is 38/100 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 Plaza Wires (NSE:PLAZACABLE), the current Quick Ratio is 1.69 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.

Plaza Wires Business Description

Other Exchanges 544003:India
Address A-74 Okhla Industrial Area, Phase-2, New Delhi, IND, 110020
Plaza Wires Ltd is a company engaged in the business of manufacturing and selling of wires, and selling and marketing of LT aluminium cables and fastmoving electrical goods (FMEG) under their flagship brand PLAZA CABLES, and home brands such as Action Wires and PCG.
38GF Score

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