Vigor Plast India (NSE:VIGOR) Quick Ratio: 0.13 (As of Mar. 2025) — 41% Below Median


NSE:VIGOR Vigor Plast India Ltd NSE:VIGOR
26 GF Score
Price ₹104.90
! 6 Warning Signs
View Full Analysis

What is Vigor Plast India Quick Ratio?

Vigor Plast India NSE:VIGOR +1.40% 26 Quick Ratio is 0.13 as of Mar. 2025, which is 41% below its 10-year median of 0.22. GuruFocus rates NSE:VIGOR with a GF Score™ of 26/100. The stock has 6 warning signs investors should review. Among 1,782 Construction companies, Vigor Plast India ranks worse than 99.27% 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. Vigor Plast India's quick ratio for the quarter that ended in Mar. 2025 was 0.13.

Vigor Plast India has a quick ratio of 0.13. It indicates that the company cannot currently fully pay back its current liabilities.

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

NSE:VIGOR' s Quick Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.22   Max: 0.31
Current: 0.13

During the past 4 years, Vigor Plast India's highest Quick Ratio was 0.31. The lowest was 0.13. And the median was 0.22.

NSE:VIGOR's Quick Ratio is ranked worse than
99.27% of 1782 companies
in the Construction industry
Industry Median: 1.29 vs NSE:VIGOR: 0.13

Vigor Plast India  (NSE:VIGOR) 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.


Vigor Plast India Quick Ratio Related Terms


Vigor Plast India Quick Ratio Historical Data

* Premium members only.

The historical data trend for Vigor Plast 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.

Vigor Plast India Quick Ratio Chart

Vigor Plast India Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Quick Ratio
0.21 0.22 0.31 0.13

Vigor Plast India Semi-Annual Data
Mar22 Mar23 Mar24 Mar25
Quick Ratio 0.21 0.22 0.31 0.13

NSE:VIGOR vs TT, JCI, CARR: Quick Ratio Comparison

For the Building Products & Equipment subindustry, Vigor Plast 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.


Vigor Plast India Quick Ratio vs Construction Industry

For the Construction industry and Industrials sector, Vigor Plast India's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Vigor Plast India's Quick Ratio falls into.


NSE:VIGOR
26GF Score
Vigor Plast India Ltd NSE:VIGOR
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vigor Plast 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.

Vigor Plast India's Quick Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Quick Ratio (A: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(111.433-87.903)/175.822
=0.13

Vigor Plast India's Quick Ratio for the quarter that ended in Mar. 2025 is calculated as

Quick Ratio (Q: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(111.433-87.903)/175.822
=0.13

* 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 0.13 mean?
Vigor Plast India (NSE:VIGOR) has a Quick Ratio of 0.13 as of Mar. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Vigor Plast India and its competitors. This is 41% below median its historical median of 0.22. Over the past decade, Vigor Plast India's Quick Ratio has ranged from 0.13 to 0.31. According to the industry distribution chart, Vigor Plast India ranks #1769 out of 1782 companies in the Construction industry, placing it in the top 99.3%.
Is Vigor Plast India's Quick Ratio too high?
Vigor Plast India's current Quick Ratio of 0.13 is 41% below median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.31. The Construction industry median Quick Ratio is 1.29. Vigor Plast India's value of 0.13 is 89.9% below this industry median. Based on the distribution chart, Vigor Plast India ranks #1769 out of 1782 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Vigor Plast India has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Vigor Plast India's Quick Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Vigor Plast India ranks #1769 out of 1782 companies for Quick Ratio. This places Vigor Plast India in the lower half of its industry. The industry median Quick Ratio is 1.29. Vigor Plast India's value of 0.13 is 89.9% below this benchmark. Historically, Vigor Plast India's own Quick Ratio has ranged from 0.13 to 0.31 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 1.29, Vigor Plast India 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 Construction company?
The median Quick Ratio among Construction companies is 1.29, based on 1,782 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. Vigor Plast India's current Quick Ratio of 0.13 is 89.9% 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 Vigor Plast India and its competitors. For the Construction industry, the median Quick Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vigor Plast India's current Quick Ratio is 0.13, which is 41% below median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vigor Plast India stock overvalued right now?
Vigor Plast India (NSE:VIGOR) has a current Quick Ratio of 0.13. The current Quick Ratio is 0.13, which is 41% below median its 10-year median of 0.22 and 89.9% below the Construction industry median of 1.29. Vigor Plast India's overall GF Score™ is 26/100 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 Vigor Plast India (NSE:VIGOR), the current Quick Ratio is 0.13 as of Mar. 2025. 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.

Vigor Plast India Business Description

Address Survey No. 640/3, Lalpur Road, Behind Gujarat Gas CNG Pump Godown Zone, Dared, Village: Chela, Jamnagar, GJ, IND, 361 006
Vigor Plast India Ltd is focused on the trading of PVC pipes and fittings. It is engaged in producing Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products. It is a manufacturer and supplier of a comprehensive range of Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products for various applications in plumbing, irrigation, and SWR (Soil, Waste, and Rainwater) management. The company caters to both rural and urban markets and provides longlasting solutions for water distribution, wastewater management, and drainage.
26GF Score

Get the complete analysis for NSE:VIGOR

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

₹104.90
Price