Rhetan TMT (NSE:RHETAN) Quick Ratio: 2.50 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSE:RHETAN Rhetan TMT Ltd NSE:RHETAN
42 GF Score
Price ₹28.04
GF Value ₹7.60
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Rhetan TMT Quick Ratio?

Rhetan TMT NSE:RHETAN -9.20% 42 Quick Ratio is 2.50 as of Mar. 2026, which is at its 10-year median of 2.50. GuruFocus rates NSE:RHETAN with a GF Score™ of 42/100 and a GF Value™ of ₹7.60 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 634 Steel companies, Rhetan TMT ranks better than 79.65% 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. Rhetan TMT's quick ratio for the quarter that ended in Mar. 2026 was 2.50.

Rhetan TMT has a quick ratio of 2.50. It generally indicates good short-term financial strength.

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

NSE:RHETAN' s Quick Ratio Range Over the Past 10 Years
Min: 0.71   Med: 2.5   Max: 3.23
Current: 2.5

During the past 7 years, Rhetan TMT's highest Quick Ratio was 3.23. The lowest was 0.71. And the median was 2.50.

NSE:RHETAN's Quick Ratio is ranked better than
79.65% of 634 companies
in the Steel industry
Industry Median: 1.02 vs NSE:RHETAN: 2.50

Rhetan TMT  (NSE:RHETAN) 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.


Rhetan TMT Quick Ratio Related Terms


Rhetan TMT Quick Ratio Historical Data

* Premium members only.

The historical data trend for Rhetan TMT'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.

Rhetan TMT Quick Ratio Chart

Rhetan TMT Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial 1.17 3.23 2.50 2.57 2.50

Rhetan TMT Quarterly Data
Mar20 Mar21 Mar22 Sep22 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 2.57 0.00 3.67 0.00 2.50

NSE:RHETAN vs NUE, STLD, RS: Quick Ratio Comparison

For the Steel subindustry, Rhetan TMT'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.


Rhetan TMT Quick Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Rhetan TMT's Quick Ratio distribution charts can be found below:

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


NSE:RHETAN
42GF Score
Rhetan TMT Ltd NSE:RHETAN
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rhetan TMT 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.

Rhetan TMT'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
=(1237.201-509.829)/290.919
=2.50

Rhetan TMT'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
=(1237.201-509.829)/290.919
=2.50

* 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 2.50 mean?
Rhetan TMT (NSE:RHETAN) has a Quick Ratio of 2.50 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Rhetan TMT and its competitors. This is near median its historical median of 2.50. Over the past decade, Rhetan TMT's Quick Ratio has ranged from 0.71 to 3.23. According to the industry distribution chart, Rhetan TMT ranks #129 out of 634 companies in the Steel industry, placing it in the top 20.3%.
Is Rhetan TMT's Quick Ratio too high?
Rhetan TMT's current Quick Ratio of 2.50 is near median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 3.23. The Steel industry median Quick Ratio is 1.02. Rhetan TMT's value of 2.50 is 145.1% above this industry median. Based on the distribution chart, Rhetan TMT ranks #129 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Rhetan TMT has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rhetan TMT's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Rhetan TMT ranks #129 out of 634 companies for Quick Ratio. This places Rhetan TMT in the top 20% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.02. Rhetan TMT's value of 2.50 is 145.1% above this benchmark. Historically, Rhetan TMT's own Quick Ratio has ranged from 0.71 to 3.23 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 1.02, Rhetan TMT 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 Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 634 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. Rhetan TMT's current Quick Ratio of 2.50 is 145.1% 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 Rhetan TMT and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rhetan TMT's current Quick Ratio is 2.50, which is near median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rhetan TMT stock overvalued right now?
Based on GuruFocus' analysis, Rhetan TMT (NSE:RHETAN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹7.60, compared to a current price of ₹28.04 — trading 268.9% above its estimated fair value. The current Quick Ratio is 2.50, which is near median its 10-year median of 2.50 and 145.1% above the Steel industry median of 1.02. Rhetan TMT's overall GF Score™ is 42/100 with 6 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 Rhetan TMT (NSE:RHETAN), the current Quick Ratio is 2.50 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 Rhetan TMT (NSE:RHETAN) Overvalued in 2026?

Based on GuruFocus' analysis, Rhetan TMT stock appears to be overvalued. The current stock price of ₹28.04 is trading 268.9% above its estimated GF Value™ of ₹7.60. GuruFocus considers Rhetan TMT to be Significantly Overvalued.

Key valuation signals for NSE:RHETAN:

  • Quick Ratio: 2.50 (near median its 10-year median of 2.50)
  • GF Value™: ₹7.60 vs. price of ₹28.04 (268.9% above fair value)
  • GF Score™: 42/100 with 6 warning signs
  • Industry Position: 145.1% above the Steel median (#129 of 634)

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


Rhetan TMT Business Description

Other Exchanges 543590:India
Address Rasala Marg, Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Mithakhali, Ahmedabad, GJ, IND, 380006
Rhetan TMT Ltd manufactures TMT Bars and Round Bars which are used in the construction industry. The products are used in the construction of dams, bridges, residential and commercial towers, and the majority of infrastructure projects in Gujarat.
42GF Score

Get the complete analysis for NSE:RHETAN

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

₹28.04
Price
₹7.60
GF Value