Thinking Hats Entertainment Solutions (NSE:THESL) Quick Ratio: 1.40 (As of Mar. 2026) — 13% Below Median


NSE:THESL Thinking Hats Entertainment Solutions Ltd NSE:THESL
16 GF Score
Price ₹13.00
! 6 Warning Signs
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What is Thinking Hats Entertainment Solutions Quick Ratio?

Thinking Hats Entertainment Solutions NSE:THESL 16 Quick Ratio is 1.40 as of Mar. 2026, which is 13% below its 10-year median of 1.61. GuruFocus rates NSE:THESL with a GF Score™ of 16/100. The stock has 6 warning signs investors should review. Among 1,032 Media - Diversified companies, Thinking Hats Entertainment Solutions ranks worse than 51.74% 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. Thinking Hats Entertainment Solutions's quick ratio for the quarter that ended in Mar. 2026 was 1.40.

Thinking Hats Entertainment Solutions has a quick ratio of 1.40. It generally indicates good short-term financial strength.

The historical rank and industry rank for Thinking Hats Entertainment Solutions's Quick Ratio or its related term are showing as below:

NSE:THESL' s Quick Ratio Range Over the Past 10 Years
Min: 1.4   Med: 1.61   Max: 2.1
Current: 1.4

During the past 5 years, Thinking Hats Entertainment Solutions's highest Quick Ratio was 2.10. The lowest was 1.40. And the median was 1.61.

NSE:THESL's Quick Ratio is ranked worse than
51.74% of 1032 companies
in the Media - Diversified industry
Industry Median: 1.45 vs NSE:THESL: 1.40

Thinking Hats Entertainment Solutions  (NSE:THESL) 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.


Thinking Hats Entertainment Solutions Quick Ratio Related Terms


Thinking Hats Entertainment Solutions Quick Ratio Historical Data

* Premium members only.

The historical data trend for Thinking Hats Entertainment Solutions'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.

Thinking Hats Entertainment Solutions Quick Ratio Chart

Thinking Hats Entertainment Solutions Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
2.10 1.61 1.61 1.68 1.40

Thinking Hats Entertainment Solutions Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Quick Ratio Get a 7-Day Free Trial 1.61 0.00 1.68 1.55 1.40

NSE:THESL vs APP, OMC, TTD: Quick Ratio Comparison

For the Advertising Agencies subindustry, Thinking Hats Entertainment Solutions'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.


Thinking Hats Entertainment Solutions Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Thinking Hats Entertainment Solutions's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Thinking Hats Entertainment Solutions's Quick Ratio falls into.


NSE:THESL
16GF Score
Thinking Hats Entertainment Solutions Ltd NSE:THESL
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Thinking Hats Entertainment Solutions 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.

Thinking Hats Entertainment Solutions'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
=(226.34-0)/162.231
=1.40

Thinking Hats Entertainment Solutions'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
=(226.34-0)/162.231
=1.40

* 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 1.40 mean?
Thinking Hats Entertainment Solutions (NSE:THESL) has a Quick Ratio of 1.40 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Thinking Hats Entertainment Solutions and its competitors. This is 13% below median its historical median of 1.61. Over the past decade, Thinking Hats Entertainment Solutions' Quick Ratio has ranged from 1.40 to 2.10. According to the industry distribution chart, Thinking Hats Entertainment Solutions ranks #534 out of 1032 companies in the Media - Diversified industry, placing it in the top 51.7%.
Is Thinking Hats Entertainment Solutions' Quick Ratio too high?
Thinking Hats Entertainment Solutions' current Quick Ratio of 1.40 is 13% below median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 2.10. The Media - Diversified industry median Quick Ratio is 1.45. Thinking Hats Entertainment Solutions' value of 1.40 is 3.4% below this industry median. Based on the distribution chart, Thinking Hats Entertainment Solutions ranks #534 out of 1032 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Thinking Hats Entertainment Solutions has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Thinking Hats Entertainment Solutions' Quick Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Thinking Hats Entertainment Solutions ranks #534 out of 1032 companies for Quick Ratio. This places Thinking Hats Entertainment Solutions in the lower half of its industry. The industry median Quick Ratio is 1.45. Thinking Hats Entertainment Solutions' value of 1.40 is 3.4% below this benchmark. Historically, Thinking Hats Entertainment Solutions' own Quick Ratio has ranged from 1.40 to 2.10 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 1.45, Thinking Hats Entertainment Solutions 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 a Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.45, based on 1,032 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. Thinking Hats Entertainment Solutions's current Quick Ratio of 1.40 is 3.4% 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 Thinking Hats Entertainment Solutions and its competitors. For the Media - Diversified industry, the median Quick Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinking Hats Entertainment Solutions's current Quick Ratio is 1.40, which is 13% below median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Hats Entertainment Solutions stock overvalued right now?
Thinking Hats Entertainment Solutions (NSE:THESL) has a current Quick Ratio of 1.40. The current Quick Ratio is 1.40, which is 13% below median its 10-year median of 1.61 and 3.4% below the Media - Diversified industry median of 1.45. Thinking Hats Entertainment Solutions' overall GF Score™ is 16/100 with 6 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 Thinking Hats Entertainment Solutions (NSE:THESL), the current Quick Ratio is 1.40 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.

Thinking Hats Entertainment Solutions Business Description

Address 5th Floor, B 9 Pinnacle Business, Park Sector 3 Noida, Gautam Buddha Nagar, Noida, UP, IND, 201301
Thinking Hats Entertainment Solutions Ltd is a concept development, event design and production company that specializes in live events, corporate, MICE (Meetings, Incentives, Conferences and Exhibitions), social and virtual events to an OTT content production and experiential marketing company with a focus on content development, intellectual property curation and tech centric product development. The company operates in two reportable segment (Business segment) i.e. Event Management and OTT Sales. Key revenue is generated from Event Management segment.
16GF Score

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