Tips Music (NSE:TIPSMUSIC) Quick Ratio: 3.12 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:TIPSMUSIC Tips Music Ltd NSE:TIPSMUSIC
97 GF Score
Price ₹703.80
GF Value ₹734.20
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Tips Music Quick Ratio?

Tips Music NSE:TIPSMUSIC -1.39% 97 Quick Ratio is 3.12 as of Mar. 2026, which is 0% above its 10-year median of 3.11. GuruFocus rates NSE:TIPSMUSIC with a GF Score™ of 97/100 and a GF Value™ of ₹734.20 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,028 Media - Diversified companies, Tips Music ranks better than 80.84% 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. Tips Music's quick ratio for the quarter that ended in Mar. 2026 was 3.12.

Tips Music has a quick ratio of 3.12. It generally indicates good short-term financial strength.

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

NSE:TIPSMUSIC' s Quick Ratio Range Over the Past 10 Years
Min: 0.87   Med: 3.11   Max: 12.78
Current: 3.12

During the past 13 years, Tips Music's highest Quick Ratio was 12.78. The lowest was 0.87. And the median was 3.11.

NSE:TIPSMUSIC's Quick Ratio is ranked better than
80.84% of 1028 companies
in the Media - Diversified industry
Industry Median: 1.46 vs NSE:TIPSMUSIC: 3.12

Tips Music  (NSE:TIPSMUSIC) 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.


Tips Music Quick Ratio Related Terms


Tips Music Quick Ratio Historical Data

* Premium members only.

The historical data trend for Tips Music'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.

Tips Music Quick Ratio Chart

Tips Music 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 11.74 3.09 3.30 2.75 3.12

Tips Music 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 2.75 0.00 3.30 0.00 3.12

NSE:TIPSMUSIC vs NFLX, DIS, WBD: Quick Ratio Comparison

For the Entertainment subindustry, Tips Music'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.


Tips Music Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Tips Music's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Tips Music's Quick Ratio falls into.


NSE:TIPSMUSIC
97GF Score
Tips Music Ltd NSE:TIPSMUSIC
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tips Music 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.

Tips Music'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
=(3022.557-0)/969.381
=3.12

Tips Music'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
=(3022.557-0)/969.381
=3.12

* 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 3.12 mean?
Tips Music (NSE:TIPSMUSIC) has a Quick Ratio of 3.12 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tips Music and its competitors. This is near median its historical median of 3.11. Over the past decade, Tips Music's Quick Ratio has ranged from 0.87 to 12.78. According to the industry distribution chart, Tips Music ranks #197 out of 1028 companies in the Media - Diversified industry, placing it in the top 19.2%.
Is Tips Music's Quick Ratio too high?
Tips Music's current Quick Ratio of 3.12 is near median its 10-year median of 3.11. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 12.78. The Media - Diversified industry median Quick Ratio is 1.46. Tips Music's value of 3.12 is 113.7% above this industry median. Based on the distribution chart, Tips Music ranks #197 out of 1028 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Tips Music has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tips Music's Quick Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Tips Music ranks #197 out of 1028 companies for Quick Ratio. This places Tips Music in the top 19% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.46. Tips Music's value of 3.12 is 113.7% above this benchmark. Historically, Tips Music's own Quick Ratio has ranged from 0.87 to 12.78 over the past decade. While the company's 10-year median is 3.11 vs. the industry median of 1.46, Tips Music 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 Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.46, based on 1,028 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. Tips Music's current Quick Ratio of 3.12 is 113.7% 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 Tips Music and its competitors. For the Media - Diversified industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tips Music's current Quick Ratio is 3.12, which is near median its own 10-year median of 3.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tips Music stock overvalued right now?
Based on GuruFocus' analysis, Tips Music (NSE:TIPSMUSIC) is currently considered Fairly Valued. The stock's GF Value™ is ₹734.20, compared to a current price of ₹703.80 — trading 4.1% below its estimated fair value. The current Quick Ratio is 3.12, which is near median its 10-year median of 3.11 and 113.7% above the Media - Diversified industry median of 1.46. Tips Music's overall GF Score™ is 97/100 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 Tips Music (NSE:TIPSMUSIC), the current Quick Ratio is 3.12 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 Tips Music (NSE:TIPSMUSIC) Overvalued in 2026?

Based on GuruFocus' analysis, Tips Music stock appears to be undervalued. The current stock price of ₹703.80 is trading 4.1% below its estimated GF Value™ of ₹734.20. GuruFocus considers Tips Music to be Fairly Valued.

Key valuation signals for NSE:TIPSMUSIC:

  • Quick Ratio: 3.12 (near median its 10-year median of 3.11)
  • GF Value™: ₹734.20 vs. price of ₹703.80 (4.1% below fair value)
  • GF Score™: 97/100 with 5 warning signs
  • Industry Position: 113.7% above the Media - Diversified median (#197 of 1028)

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


Tips Music Business Description

Other Exchanges 532375:India
Address Linking Road, 2nd Floor, Raheja Chambers, Santacruz (West, Mumbai, MH, IND, 400054
Tips Music Ltd operates in the media and entertainment industry. The principal business activities of the company include the production and distribution of cinematographic films and the exploitation of its content on various platforms. The company has structured its operations into a single business segment, Music (Audio/ Video). Geographically, the company generates maximum revenue from international markets.
97GF Score

Get the complete analysis for NSE:TIPSMUSIC

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

₹703.80
Price
₹734.20
GF Value