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Shigan Quantum Technologies has a quick ratio of 1.32. It generally indicates good short-term financial strength.
The historical rank and industry rank for Shigan Quantum Technologies's Quick Ratio or its related term are showing as below:
NSE:SHIGAN'
s Quick Ratio Range Over the Past 10 Years
Min: 0.45 Med: 0.95 Max: 1.32
Current: 1.32
During the past 8 years, Shigan Quantum Technologies's highest Quick Ratio was 1.32. The lowest was 0.45. And the median was 0.95.
NSE:SHIGAN's Quick Ratio is ranked better than 62.06% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 1.06
vs NSE:SHIGAN: 1.32
Shigan Quantum Technologies (NSE:SHIGAN) 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.
Shigan Quantum Technologies Quick Ratio Related Terms
Shigan Quantum Technologies Quick Ratio Historical Data
* 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 Auto Parts subindustry, Shigan Quantum Technologies'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.
Shigan Quantum Technologies Quick Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Shigan Quantum Technologies's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Shigan Quantum Technologies's Quick Ratio falls into.
Shigan Quantum Technologies 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.
* 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.
Shigan Quantum Technologies (NSE:SHIGAN) has a Quick Ratio of 1.32 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shigan Quantum Technologies and its competitors. This is 39% above median its historical median of 0.95. Over the past decade, Shigan Quantum Technologies' Quick Ratio has ranged from 0.45 to 1.32. According to the industry distribution chart, Shigan Quantum Technologies ranks #505 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 37.9%.
Is Shigan Quantum Technologies' Quick Ratio too high?
Shigan Quantum Technologies' current Quick Ratio of 1.32 is 39% above median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.32. The Vehicles & Parts industry median Quick Ratio is 1.06. Shigan Quantum Technologies' value of 1.32 is 24.5% above this industry median. Based on the distribution chart, Shigan Quantum Technologies ranks #505 out of 1331 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Shigan Quantum Technologies has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shigan Quantum Technologies' Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shigan Quantum Technologies ranks #505 out of 1331 companies for Quick Ratio. This puts Shigan Quantum Technologies in the upper half of its industry. The industry median Quick Ratio is 1.06. Shigan Quantum Technologies' value of 1.32 is 24.5% above this benchmark. Historically, Shigan Quantum Technologies' own Quick Ratio has ranged from 0.45 to 1.32 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 1.06, Shigan Quantum Technologies 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 Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.06, based on 1,331 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. Shigan Quantum Technologies's current Quick Ratio of 1.32 is 24.5% 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 Shigan Quantum Technologies and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shigan Quantum Technologies's current Quick Ratio is 1.32, which is 39% above median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shigan Quantum Technologies stock overvalued right now?
Based on GuruFocus' analysis, Shigan Quantum Technologies (NSE:SHIGAN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹104.38, compared to a current price of ₹64.95 — trading 37.8% below its estimated fair value. The current Quick Ratio is 1.32, which is 39% above median its 10-year median of 0.95 and 24.5% above the Vehicles & Parts industry median of 1.06. Shigan Quantum Technologies' overall GF Score™ is 62/100 with 5 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 Shigan Quantum Technologies (NSE:SHIGAN), the current Quick Ratio is 1.32 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 Shigan Quantum Technologies (NSE:SHIGAN) Overvalued in 2026?
Based on GuruFocus' analysis, Shigan Quantum Technologies stock appears to be undervalued.
The current stock price of ₹64.95 is trading 37.8% below its estimated GF Value™ of ₹104.38.
GuruFocus considers Shigan Quantum Technologies to be Possible Value Trap.
Key valuation signals for NSE:SHIGAN:
Quick Ratio: 1.32 (39% above median its 10-year median of 0.95)
GF Value™: ₹104.38 vs. price of ₹64.95 (37.8% below fair value)
Industry Position: 24.5% above the Vehicles & Parts median (#505 of 1331)
No single metric tells the full story. See the NSE:SHIGAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shigan Quantum Technologies Ltd is engaged in the business of designing, developing, and manufacturing a variety of alternate fuel systems components, including compressed natural gas, liquefied natural gas, and hydrogen fuel kit systems for original equipment manufacturer suppliers to the auto industry. The company manufactures alternate fuel systems for heavy-duty vehicles, light-duty vehicles, and off-highway applications. Its product portfolio includes CNG filters, engine control units, fuel rails, injectors, filler valves, and others.
62GF Score
Get the complete analysis for NSE:SHIGAN
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