Tenneco Clean Air India (NSE:TENNIND) Quick Ratio: 1.14 (As of Mar. 2026) — 25% Above Median

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NSE:TENNIND Tenneco Clean Air India Ltd NSE:TENNIND
19 GF Score
Price ₹554.40
! 2 Warning Signs
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What is Tenneco Clean Air India Quick Ratio?

Tenneco Clean Air India NSE:TENNIND -0.63% 19 Quick Ratio is 1.14 as of Mar. 2026, which is 25% above its 10-year median of 0.91. GuruFocus rates NSE:TENNIND with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Tenneco Clean Air India ranks better than 54.92% 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. Tenneco Clean Air India's quick ratio for the quarter that ended in Mar. 2026 was 1.14.

Tenneco Clean Air India has a quick ratio of 1.14. It generally indicates good short-term financial strength.

The historical rank and industry rank for Tenneco Clean Air India's Quick Ratio or its related term are showing as below:

NSE:TENNIND' s Quick Ratio Range Over the Past 10 Years
Min: 0.77   Med: 0.91   Max: 1.14
Current: 1.14

During the past 4 years, Tenneco Clean Air India's highest Quick Ratio was 1.14. The lowest was 0.77. And the median was 0.91.

NSE:TENNIND's Quick Ratio is ranked better than
54.92% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 1.06 vs NSE:TENNIND: 1.14

Tenneco Clean Air India  (NSE:TENNIND) 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.


Tenneco Clean Air India Quick Ratio Related Terms


Tenneco Clean Air India Quick Ratio Historical Data

* Premium members only.

The historical data trend for Tenneco Clean Air India'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.

Tenneco Clean Air India Quick Ratio Chart

Tenneco Clean Air India Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Quick Ratio
0.91 0.77 0.91 1.14

Tenneco Clean Air India Quarterly Data
Mar23 Mar24 Jun24 Dec24 Mar25 Jun25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial 0.00 0.91 1.57 0.00 1.14

NSE:TENNIND vs ORLY, AZO: Quick Ratio Comparison

For the Auto Parts subindustry, Tenneco Clean Air India'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.


Tenneco Clean Air India Quick Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tenneco Clean Air India's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Tenneco Clean Air India's Quick Ratio falls into.


NSE:TENNIND
19GF Score
Tenneco Clean Air India Ltd NSE:TENNIND
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tenneco Clean Air India 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.

Tenneco Clean Air India'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
=(17276.91-3383.81)/12172.64
=1.14

Tenneco Clean Air India'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
=(17276.91-3383.81)/12172.64
=1.14

* 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 1.14 mean?
Tenneco Clean Air India (NSE:TENNIND) has a Quick Ratio of 1.14 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tenneco Clean Air India and its competitors. This is 25% above median its historical median of 0.91. Over the past decade, Tenneco Clean Air India's Quick Ratio has ranged from 0.77 to 1.14. According to the industry distribution chart, Tenneco Clean Air India ranks #600 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 45.1%.
Is Tenneco Clean Air India's Quick Ratio too high?
Tenneco Clean Air India's current Quick Ratio of 1.14 is 25% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 1.14. The Vehicles & Parts industry median Quick Ratio is 1.06. Tenneco Clean Air India's value of 1.14 is 7.5% above this industry median. Based on the distribution chart, Tenneco Clean Air India ranks #600 out of 1331 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Tenneco Clean Air India has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Tenneco Clean Air India's Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tenneco Clean Air India ranks #600 out of 1331 companies for Quick Ratio. This puts Tenneco Clean Air India in the upper half of its industry. The industry median Quick Ratio is 1.06. Tenneco Clean Air India's value of 1.14 is 7.5% above this benchmark. Historically, Tenneco Clean Air India's own Quick Ratio has ranged from 0.77 to 1.14 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 1.06, Tenneco Clean Air India 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. Tenneco Clean Air India's current Quick Ratio of 1.14 is 7.5% 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 Tenneco Clean Air India 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. Tenneco Clean Air India's current Quick Ratio is 1.14, which is 25% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenneco Clean Air India stock overvalued right now?
Tenneco Clean Air India (NSE:TENNIND) has a current Quick Ratio of 1.14. The current Quick Ratio is 1.14, which is 25% above median its 10-year median of 0.91 and 7.5% above the Vehicles & Parts industry median of 1.06. Tenneco Clean Air India's overall GF Score™ is 19/100 with 2 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 Tenneco Clean Air India (NSE:TENNIND), the current Quick Ratio is 1.14 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.

Tenneco Clean Air India Business Description

Other Exchanges 544612:India
Address Golf Course Road, 10th Floor, Tower B, Paras Twin Towers, Sector-54, Gurugram, HR, IND, 122 002
Tenneco Clean Air India Ltd manufactures and supplies critical, engineered and technology intensive clean air, powertrain and suspension solutions tailored for Indian OEMs and export markets. Its products are used in: (i) passenger vehicles, (ii) commercial vehicles, which comprises commercial trucks and off-highway vehicles, and (iii) industrial and other applications, which comprises generator sets, and small commercial vehicles. The company operates in two business divisions: Clean Air & Powertrain Solutions and Advanced Ride Technologies. It derives a majority portion of its revenue from the design, manufacture and sale of components and solutions to the Medium & Heavy Commercial Vehicles OEMs.
19GF Score

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