Sunlite Recycling IndustriesNSE:SUNLITE -1.35%46 Quick Ratio is 1.05 as of Mar. 2026, which is 67% above its 10-year median of 0.63. GuruFocus rates NSE:SUNLITE with a GF Score™ of 46/100. The stock has 1 warning sign investors should review. Among 3,071 Industrial Products companies, Sunlite Recycling Industries ranks worse than 67.08% on this metric.
Sunlite Recycling Industries has a quick ratio of 1.05. It generally indicates good short-term financial strength.
The historical rank and industry rank for Sunlite Recycling Industries's Quick Ratio or its related term are showing as below:
NSE:SUNLITE'
s Quick Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.63 Max: 1.06
Current: 1.05
During the past 6 years, Sunlite Recycling Industries's highest Quick Ratio was 1.06. The lowest was 0.40. And the median was 0.63.
NSE:SUNLITE's Quick Ratio is ranked worse than 67.08% of 3071
companies
in the Industrial Products industry
Industry Median: 1.39
vs NSE:SUNLITE: 1.05
Sunlite Recycling Industries (NSE:SUNLITE) 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.
Sunlite Recycling Industries Quick Ratio Related Terms
Sunlite Recycling Industries 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 Electrical Equipment & Parts subindustry, Sunlite Recycling Industries'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.
Sunlite Recycling Industries Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sunlite Recycling Industries's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Sunlite Recycling Industries's Quick Ratio falls into.
Sunlite Recycling Industries 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.
Sunlite Recycling Industries (NSE:SUNLITE) has a Quick Ratio of 1.05 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Sunlite Recycling Industries and its competitors. This is 67% above median its historical median of 0.63. Over the past decade, Sunlite Recycling Industries' Quick Ratio has ranged from 0.40 to 1.06. According to the industry distribution chart, Sunlite Recycling Industries ranks #2060 out of 3071 companies in the Industrial Products industry, placing it in the top 67.1%.
Is Sunlite Recycling Industries' Quick Ratio too high?
Sunlite Recycling Industries' current Quick Ratio of 1.05 is 67% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.06. The Industrial Products industry median Quick Ratio is 1.39. Sunlite Recycling Industries' value of 1.05 is 24.5% below this industry median. Based on the distribution chart, Sunlite Recycling Industries ranks #2060 out of 3071 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Sunlite Recycling Industries has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Sunlite Recycling Industries' Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Sunlite Recycling Industries ranks #2060 out of 3071 companies for Quick Ratio. This places Sunlite Recycling Industries in the lower half of its industry. The industry median Quick Ratio is 1.39. Sunlite Recycling Industries' value of 1.05 is 24.5% below this benchmark. Historically, Sunlite Recycling Industries' own Quick Ratio has ranged from 0.40 to 1.06 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 1.39, Sunlite Recycling Industries has consistently been below 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,071 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. Sunlite Recycling Industries's current Quick Ratio of 1.05 is 24.5% below 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 Sunlite Recycling Industries and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunlite Recycling Industries's current Quick Ratio is 1.05, which is 67% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunlite Recycling Industries stock overvalued right now?
Sunlite Recycling Industries (NSE:SUNLITE) has a current Quick Ratio of 1.05. The current Quick Ratio is 1.05, which is 67% above median its 10-year median of 0.63 and 24.5% below the Industrial Products industry median of 1.39. Sunlite Recycling Industries' overall GF Score™ is 46/100 with 1 warning sign 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 Sunlite Recycling Industries (NSE:SUNLITE), the current Quick Ratio is 1.05 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.
Sunlite Recycling Industries Ltd is engaged in the business of manufacturing of copper rods & wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Further, it is also engaged in providing job work services for processing of various products of copper, wherein its customers provide company with the copper scrap and the company converts the copper scrap into copper wire and copper wire rod as per customer's requirement. It employs an internal quality control mechanism to ensure that its finished product conforms to the exact requirement of its customers.
46GF Score
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