Summit Securities (NSE:SUMMITSEC) Quick Ratio: 38.19 (As of Mar. 2026) — 46% Below Median


NSE:SUMMITSEC Summit Securities Ltd NSE:SUMMITSEC
86 GF Score
Price ₹1,511.20
GF Value ₹2,896.94
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Summit Securities Quick Ratio?

Summit Securities NSE:SUMMITSEC +0.51% 86 Quick Ratio is 38.19 as of Mar. 2026, which is 46% below its 10-year median of 70.78. GuruFocus rates NSE:SUMMITSEC with a GF Score™ of 86/100 and a GF Value™ of ₹2,896.94 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 690 Capital Markets companies, Summit Securities ranks better than 88.84% 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. Summit Securities's quick ratio for the quarter that ended in Mar. 2026 was 38.19.

Summit Securities has a quick ratio of 38.19. It generally indicates good short-term financial strength.

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

NSE:SUMMITSEC' s Quick Ratio Range Over the Past 10 Years
Min: 3.08   Med: 70.78   Max: 1496.24
Current: 38.19

During the past 13 years, Summit Securities's highest Quick Ratio was 1496.24. The lowest was 3.08. And the median was 70.78.

NSE:SUMMITSEC's Quick Ratio is ranked better than
88.84% of 690 companies
in the Capital Markets industry
Industry Median: 2.095 vs NSE:SUMMITSEC: 38.19

Summit Securities  (NSE:SUMMITSEC) 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.


Summit Securities Quick Ratio Related Terms


Summit Securities Quick Ratio Historical Data

* Premium members only.

The historical data trend for Summit Securities'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.

Summit Securities Quick Ratio Chart

Summit Securities 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 79.91 61.64 17.36 17.27 38.19

Summit Securities 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 17.27 0.00 0.20 0.00 38.19

NSE:SUMMITSEC vs MS, GS, SCHW: Quick Ratio Comparison

For the Capital Markets subindustry, Summit Securities'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.


Summit Securities Quick Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Summit Securities's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Summit Securities's Quick Ratio falls into.


NSE:SUMMITSEC
86GF Score
Summit Securities Ltd NSE:SUMMITSEC
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Summit Securities 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.

Summit Securities'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
=(20.777-0)/0.544
=38.19

Summit Securities'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
=(20.777-0)/0.544
=38.19

* 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 38.19 mean?
Summit Securities (NSE:SUMMITSEC) has a Quick Ratio of 38.19 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Summit Securities and its competitors. This is 46% below median its historical median of 70.78. Over the past decade, Summit Securities' Quick Ratio has ranged from 3.08 to 1,496.24. According to the industry distribution chart, Summit Securities ranks #77 out of 690 companies in the Capital Markets industry, placing it in the top 11.2%.
Is Summit Securities' Quick Ratio too high?
Summit Securities' current Quick Ratio of 38.19 is 46% below median its 10-year median of 70.78. Over the past 10 years, this metric has ranged from a low of 3.08 to a high of 1,496.24. The Capital Markets industry median Quick Ratio is 2.10. Summit Securities' value of 38.19 is 1722.9% above this industry median. Based on the distribution chart, Summit Securities ranks #77 out of 690 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Summit Securities has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Summit Securities' Quick Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Summit Securities ranks #77 out of 690 companies for Quick Ratio. This places Summit Securities in the top 11% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.10. Summit Securities' value of 38.19 is 1722.9% above this benchmark. Historically, Summit Securities' own Quick Ratio has ranged from 3.08 to 1,496.24 over the past decade. While the company's 10-year median is 70.78 vs. the industry median of 2.10, Summit Securities 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 Capital Markets company?
The median Quick Ratio among Capital Markets companies is 2.10, based on 690 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. Summit Securities's current Quick Ratio of 38.19 is 1722.9% 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 Summit Securities and its competitors. For the Capital Markets industry, the median Quick Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Summit Securities's current Quick Ratio is 38.19, which is 46% below median its own 10-year median of 70.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Securities stock overvalued right now?
Based on GuruFocus' analysis, Summit Securities (NSE:SUMMITSEC) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,896.94, compared to a current price of ₹1,511.20 — trading 47.8% below its estimated fair value. The current Quick Ratio is 38.19, which is 46% below median its 10-year median of 70.78 and 1722.9% above the Capital Markets industry median of 2.10. Summit Securities' overall GF Score™ is 86/100 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 Summit Securities (NSE:SUMMITSEC), the current Quick Ratio is 38.19 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 Summit Securities (NSE:SUMMITSEC) Overvalued in 2026?

Based on GuruFocus' analysis, Summit Securities stock appears to be undervalued. The current stock price of ₹1,511.20 is trading 47.8% below its estimated GF Value™ of ₹2,896.94. GuruFocus considers Summit Securities to be Possible Value Trap.

Key valuation signals for NSE:SUMMITSEC:

  • Quick Ratio: 38.19 (46% below median its 10-year median of 70.78)
  • GF Value™: ₹2,896.94 vs. price of ₹1,511.20 (47.8% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 1722.9% above the Capital Markets median (#77 of 690)

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


Summit Securities Business Description

Other Exchanges 533306:India
Address B Wing, 71, Sion-Trombay Road, 213, Bezzola Complex, Chembur, Mumbai, MH, IND, 400071
Summit Securities Ltd is engaged in the provision of investment in securities. It operates as a non-banking financial company and currently holds various portfolios including listed and private entities. The company is engaged in investments and financial activities. It earns revenue from Interest and Dividend income.
86GF Score

Get the complete analysis for NSE:SUMMITSEC

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

₹1,511.20
Price
₹2,896.94
GF Value