Shanti Gold International (NSE:SHANTIGOLD) Quick Ratio: 1.84 (As of Mar. 2026) — 111% Above Median

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NSE:SHANTIGOLD Shanti Gold International Ltd NSE:SHANTIGOLD
18 GF Score
Price ₹211.29
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What is Shanti Gold International Quick Ratio?

Shanti Gold International NSE:SHANTIGOLD +1.99% 18 Quick Ratio is 1.84 as of Mar. 2026, which is 111% above its 10-year median of 0.87. GuruFocus rates NSE:SHANTIGOLD with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,135 Retail - Cyclical companies, Shanti Gold International ranks better than 78.94% 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. Shanti Gold International's quick ratio for the quarter that ended in Mar. 2026 was 1.84.

Shanti Gold International has a quick ratio of 1.84. It generally indicates good short-term financial strength.

The historical rank and industry rank for Shanti Gold International's Quick Ratio or its related term are showing as below:

NSE:SHANTIGOLD' s Quick Ratio Range Over the Past 10 Years
Min: 0.69   Med: 0.87   Max: 1.84
Current: 1.84

During the past 5 years, Shanti Gold International's highest Quick Ratio was 1.84. The lowest was 0.69. And the median was 0.87.

NSE:SHANTIGOLD's Quick Ratio is ranked better than
78.94% of 1135 companies
in the Retail - Cyclical industry
Industry Median: 0.87 vs NSE:SHANTIGOLD: 1.84

Shanti Gold International  (NSE:SHANTIGOLD) 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.


Shanti Gold International Quick Ratio Related Terms


Shanti Gold International Quick Ratio Historical Data

* Premium members only.

The historical data trend for Shanti Gold International'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.

Shanti Gold International Quick Ratio Chart

Shanti Gold International Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
0.69 0.88 0.72 0.87 1.84

Shanti Gold International Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only 0.00 0.87 1.62 0.00 1.84

NSE:SHANTIGOLD vs TPR: Quick Ratio Comparison

For the Luxury Goods subindustry, Shanti Gold International'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.


Shanti Gold International Quick Ratio vs Retail - Cyclical Industry

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

* The bar in red indicates where Shanti Gold International's Quick Ratio falls into.


NSE:SHANTIGOLD
18GF Score
Shanti Gold International Ltd NSE:SHANTIGOLD
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanti Gold International 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.

Shanti Gold International'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
=(7806.45-3474.92)/2355.05
=1.84

Shanti Gold International'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
=(7806.45-3474.92)/2355.05
=1.84

* 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 1.84 mean?
Shanti Gold International (NSE:SHANTIGOLD) has a Quick Ratio of 1.84 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shanti Gold International and its competitors. This is 111% above median its historical median of 0.87. Over the past decade, Shanti Gold International's Quick Ratio has ranged from 0.69 to 1.84. According to the industry distribution chart, Shanti Gold International ranks #239 out of 1135 companies in the Retail - Cyclical industry, placing it in the top 21.1%.
Is Shanti Gold International's Quick Ratio too high?
Shanti Gold International's current Quick Ratio of 1.84 is 111% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.84. The Retail - Cyclical industry median Quick Ratio is 0.87. Shanti Gold International's value of 1.84 is 111.5% above this industry median. Based on the distribution chart, Shanti Gold International ranks #239 out of 1135 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Shanti Gold International has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Shanti Gold International's Quick Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Shanti Gold International ranks #239 out of 1135 companies for Quick Ratio. This places Shanti Gold International in the top 21% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.87. Shanti Gold International's value of 1.84 is 111.5% above this benchmark. Historically, Shanti Gold International's own Quick Ratio has ranged from 0.69 to 1.84 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.87, Shanti Gold International 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 1,135 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. Shanti Gold International's current Quick Ratio of 1.84 is 111.5% 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 Shanti Gold International 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. Shanti Gold International's current Quick Ratio is 1.84, which is 111% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanti Gold International stock overvalued right now?
Shanti Gold International (NSE:SHANTIGOLD) has a current Quick Ratio of 1.84. The current Quick Ratio is 1.84, which is 111% above median its 10-year median of 0.87 and 111.5% above the Retail - Cyclical industry median of 0.87. Shanti Gold International's overall GF Score™ is 18/100 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 Shanti Gold International (NSE:SHANTIGOLD), the current Quick Ratio is 1.84 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.

Shanti Gold International Business Description

Other Exchanges 544459:India
Address Marol Industrial Area, Road No.-1, Plot No A-51, 2nd Floor to 7th Floor, MIDC, Near Tunga International Hotel, Andheri East, Chakala MIDC, Mumbai, MH, IND, 400093
Shanti Gold International Ltd is one of the manufacturers of high-quality 22kt CZ casting gold jewellery, specializing in the design and production of all types of gold jewellery. The Company offers a wide range of high-quality, intricately designed pieces, including bangles, rings, necklaces, and complete jewellery sets across various price points ranging from jewellery for special occasions, such as weddings to festive and daily-wear jewellery.
18GF Score

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