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Leela Palaces Hotels and Resorts (NSE:THELEELA) 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.
Leela Palaces Hotels and Resorts Quick Ratio Related Terms
Leela Palaces Hotels and Resorts 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.
Leela Palaces Hotels and Resorts Quick Ratio Chart
NSE:THELEELA vs MAR, HLT, H: Quick Ratio Comparison
For the Lodging subindustry, Leela Palaces Hotels and Resorts'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.
Leela Palaces Hotels and Resorts Quick Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Leela Palaces Hotels and Resorts's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Leela Palaces Hotels and Resorts's Quick Ratio falls into.
Leela Palaces Hotels and Resorts 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.
Leela Palaces Hotels and Resorts (NSE:THELEELA) has a Quick Ratio of 0.00 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Leela Palaces Hotels and Resorts and its competitors. Over the past decade, Leela Palaces Hotels and Resorts' Quick Ratio has ranged from 0.09 to 2.43. According to the industry distribution chart, Leela Palaces Hotels and Resorts ranks #485 out of 853 companies in the Travel & Leisure industry, placing it in the top 56.9%.
Is Leela Palaces Hotels and Resorts' Quick Ratio too high?
Leela Palaces Hotels and Resorts' current Quick Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 2.43. Based on the distribution chart, Leela Palaces Hotels and Resorts ranks #485 out of 853 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Leela Palaces Hotels and Resorts has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Leela Palaces Hotels and Resorts' Quick Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Leela Palaces Hotels and Resorts ranks #485 out of 853 companies for Quick Ratio. This places Leela Palaces Hotels and Resorts in the lower half of its industry. The industry median Quick Ratio is 1.15. Historically, Leela Palaces Hotels and Resorts' own Quick Ratio has ranged from 0.09 to 2.43 over the past decade. 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 Travel & Leisure company?
The median Quick Ratio among Travel & Leisure companies is 1.15, based on 853 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. 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 Leela Palaces Hotels and Resorts and its competitors. For the Travel & Leisure industry, the median Quick Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leela Palaces Hotels and Resorts's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leela Palaces Hotels and Resorts stock overvalued right now?
Leela Palaces Hotels and Resorts (NSE:THELEELA) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. Leela Palaces Hotels and Resorts' overall GF Score™ is 14/100 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 Leela Palaces Hotels and Resorts (NSE:THELEELA), the current Quick Ratio is 0.00 as of Jun. 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.
Leela Palaces Hotels and Resorts Ltd own, operate, manage and develop luxury hotels and resorts under The Leela brand. Its Portfolio includes The Leela Palaces, The Leela Hotels and The Leela Resorts.
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