Speb Adhesives (NSE:SPEB) Quick Ratio: 17.99 (As of Mar. 2026) — 46% Above Median


NSE:SPEB Speb Adhesives Ltd NSE:SPEB
21 GF Score
Price ₹86.95
! 4 Warning Signs
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What is Speb Adhesives Quick Ratio?

Speb Adhesives NSE:SPEB +2.29% 21 Quick Ratio is 17.99 as of Mar. 2026, which is 46% above its 10-year median of 12.35. GuruFocus rates NSE:SPEB with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,610 Chemicals companies, Speb Adhesives ranks better than 98.88% 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. Speb Adhesives's quick ratio for the quarter that ended in Mar. 2026 was 17.99.

Speb Adhesives has a quick ratio of 17.99. It generally indicates good short-term financial strength.

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

NSE:SPEB' s Quick Ratio Range Over the Past 10 Years
Min: 9.19   Med: 12.35   Max: 27.23
Current: 17.99

During the past 5 years, Speb Adhesives's highest Quick Ratio was 27.23. The lowest was 9.19. And the median was 12.35.

NSE:SPEB's Quick Ratio is ranked better than
98.88% of 1610 companies
in the Chemicals industry
Industry Median: 1.375 vs NSE:SPEB: 17.99

Speb Adhesives  (NSE:SPEB) 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.


Speb Adhesives Quick Ratio Related Terms


Speb Adhesives Quick Ratio Historical Data

* Premium members only.

The historical data trend for Speb Adhesives'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.

Speb Adhesives Quick Ratio Chart

Speb Adhesives Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
9.19 27.23 12.35 12.13 17.99

Speb Adhesives Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Sep25 Mar26
Quick Ratio Get a 7-Day Free Trial 27.23 12.35 12.13 7.22 17.99

NSE:SPEB vs LIN, SHW, ECL: Quick Ratio Comparison

For the Specialty Chemicals subindustry, Speb Adhesives'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.


Speb Adhesives Quick Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Speb Adhesives's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Speb Adhesives's Quick Ratio falls into.


NSE:SPEB
21GF Score
Speb Adhesives Ltd NSE:SPEB
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Speb Adhesives 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.

Speb Adhesives'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
=(413.38-31.431)/21.234
=17.99

Speb Adhesives'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
=(413.38-31.431)/21.234
=17.99

* 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 17.99 mean?
Speb Adhesives (NSE:SPEB) has a Quick Ratio of 17.99 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Speb Adhesives and its competitors. This is 46% above median its historical median of 12.35. Over the past decade, Speb Adhesives' Quick Ratio has ranged from 9.19 to 27.23. According to the industry distribution chart, Speb Adhesives ranks #18 out of 1610 companies in the Chemicals industry, placing it in the top 1.1%.
Is Speb Adhesives' Quick Ratio too high?
Speb Adhesives' current Quick Ratio of 17.99 is 46% above median its 10-year median of 12.35. Over the past 10 years, this metric has ranged from a low of 9.19 to a high of 27.23. The Chemicals industry median Quick Ratio is 1.38. Speb Adhesives' value of 17.99 is 1208.4% above this industry median. Based on the distribution chart, Speb Adhesives ranks #18 out of 1610 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Speb Adhesives has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Speb Adhesives' Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Speb Adhesives ranks #18 out of 1610 companies for Quick Ratio. This places Speb Adhesives in the top 1% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.38. Speb Adhesives' value of 17.99 is 1208.4% above this benchmark. Historically, Speb Adhesives' own Quick Ratio has ranged from 9.19 to 27.23 over the past decade. While the company's 10-year median is 12.35 vs. the industry median of 1.38, Speb Adhesives 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 Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,610 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. Speb Adhesives's current Quick Ratio of 17.99 is 1208.4% 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 Speb Adhesives and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Speb Adhesives's current Quick Ratio is 17.99, which is 46% above median its own 10-year median of 12.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speb Adhesives stock overvalued right now?
Speb Adhesives (NSE:SPEB) has a current Quick Ratio of 17.99. The current Quick Ratio is 17.99, which is 46% above median its 10-year median of 12.35 and 1208.4% above the Chemicals industry median of 1.38. Speb Adhesives' overall GF Score™ is 21/100 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 Speb Adhesives (NSE:SPEB), the current Quick Ratio is 17.99 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.

Speb Adhesives Business Description

Address Plot no. J 33, MIDC, Taloja, Raigad, Panvel, MH, IND, 410208
Speb Adhesives Ltd is engaged in the manufacturing of solvent-based synthetic rubber adhesives and offers water-based adhesives. The company focuses on in-house manufacturing of solvent-based adhesives, with water-based adhesives being produced on a contractual manufacturing basis. Its product portfolio includes various products customized for industrial and retail applications, such as multi-purpose adhesives, spray-grade adhesives, premium bonding adhesives, Ducting and Insulation adhesives, woodworking adhesives, footwear-grade adhesives, and adhesives used in Generator Sets. The company operates a B2B model through three business channels: dealer-distribution network, industrial sales, and government supply contracts. It generates the majority of its revenue from overseas markets.
21GF Score

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