Renaissance Global (NSE:RGL) Quick Ratio: 1.61 (As of Mar. 2026) — 73% Above Median

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NSE:RGL Renaissance Global Ltd NSE:RGL
55 GF Score
Price ₹121.06
GF Value ₹65.08
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Renaissance Global Quick Ratio?

Renaissance Global NSE:RGL +4.13% 55 Quick Ratio is 1.61 as of Mar. 2026, which is 73% above its 10-year median of 0.93. GuruFocus rates NSE:RGL with a GF Score™ of 55/100 and a GF Value™ of ₹65.08 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,136 Retail - Cyclical companies, Renaissance Global ranks better than 75.35% 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. Renaissance Global's quick ratio for the quarter that ended in Mar. 2026 was 1.61.

Renaissance Global has a quick ratio of 1.61. It generally indicates good short-term financial strength.

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

NSE:RGL' s Quick Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.93   Max: 1.61
Current: 1.61

During the past 13 years, Renaissance Global's highest Quick Ratio was 1.61. The lowest was 0.57. And the median was 0.93.

NSE:RGL's Quick Ratio is ranked better than
75.35% of 1136 companies
in the Retail - Cyclical industry
Industry Median: 0.87 vs NSE:RGL: 1.61

Renaissance Global  (NSE:RGL) 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.


Renaissance Global Quick Ratio Related Terms


Renaissance Global Quick Ratio Historical Data

* Premium members only.

The historical data trend for Renaissance Global'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.

Renaissance Global Quick Ratio Chart

Renaissance Global 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 0.87 1.04 1.04 1.30 1.61

Renaissance Global 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 1.30 0.00 1.25 0.00 1.61

NSE:RGL vs TPR: Quick Ratio Comparison

For the Luxury Goods subindustry, Renaissance Global'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.


Renaissance Global Quick Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Renaissance Global's Quick Ratio distribution charts can be found below:

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


NSE:RGL
55GF Score
Renaissance Global Ltd NSE:RGL
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Renaissance Global 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.

Renaissance Global'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
=(20243.964-9409.504)/6734.542
=1.61

Renaissance Global'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
=(20243.964-9409.504)/6734.542
=1.61

* 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 1.61 mean?
Renaissance Global (NSE:RGL) has a Quick Ratio of 1.61 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Renaissance Global and its competitors. This is 73% above median its historical median of 0.93. Over the past decade, Renaissance Global's Quick Ratio has ranged from 0.57 to 1.61. According to the industry distribution chart, Renaissance Global ranks #280 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 24.6%.
Is Renaissance Global's Quick Ratio too high?
Renaissance Global's current Quick Ratio of 1.61 is 73% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.61. The Retail - Cyclical industry median Quick Ratio is 0.87. Renaissance Global's value of 1.61 is 85.1% above this industry median. Based on the distribution chart, Renaissance Global ranks #280 out of 1136 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Renaissance Global has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Renaissance Global's Quick Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Renaissance Global ranks #280 out of 1136 companies for Quick Ratio. This places Renaissance Global in the top 25% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.87. Renaissance Global's value of 1.61 is 85.1% above this benchmark. Historically, Renaissance Global's own Quick Ratio has ranged from 0.57 to 1.61 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.87, Renaissance Global 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 Retail - Cyclical company?
The median Quick Ratio among Retail - Cyclical companies is 0.87, based on 1,136 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. Renaissance Global's current Quick Ratio of 1.61 is 85.1% 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 Renaissance Global and its competitors. For the Retail - Cyclical industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renaissance Global's current Quick Ratio is 1.61, which is 73% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renaissance Global stock overvalued right now?
Based on GuruFocus' analysis, Renaissance Global (NSE:RGL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹65.08, compared to a current price of ₹121.06 — trading 86% above its estimated fair value. The current Quick Ratio is 1.61, which is 73% above median its 10-year median of 0.93 and 85.1% above the Retail - Cyclical industry median of 0.87. Renaissance Global's overall GF Score™ is 55/100 with 4 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 Renaissance Global (NSE:RGL), the current Quick Ratio is 1.61 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 Renaissance Global (NSE:RGL) Overvalued in 2026?

Based on GuruFocus' analysis, Renaissance Global stock appears to be overvalued. The current stock price of ₹121.06 is trading 86% above its estimated GF Value™ of ₹65.08. GuruFocus considers Renaissance Global to be Significantly Overvalued.

Key valuation signals for NSE:RGL:

  • Quick Ratio: 1.61 (73% above median its 10-year median of 0.93)
  • GF Value™: ₹65.08 vs. price of ₹121.06 (86% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 85.1% above the Retail - Cyclical median (#280 of 1136)

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


Renaissance Global Business Description

Other Exchanges 532923:India
Address Plot Number 36A and 37, SEEPZ - SEZ, MIDC, Marol, Andheri (East), Mumbai, MH, IND, 400 096
Renaissance Global Ltd is engaged in manufacturing, trading, and retail of Jewellery, Gems, Diamond, Furniture and accessories. The jewelry products include Gold, Silver, Platinum, Studded with Polished Diamonds, and Semi-precious and precious stones. Its portfolio consists of Rings, Earrings, Pendants, Bracelets, Necklaces, Bangles, Money clips, Tie pins and Cuff links, among others. The brands of the company are Irasva, Enchanted Disney and Hallmark, among others. It sells the products in India and also exports them to other countries, of which prime revenue is generated from the sales made outside of India.
55GF Score

Get the complete analysis for NSE:RGL

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

₹121.06
Price
₹65.08
GF Value