Founder Group

Founder Group Quick Ratio

The Quick Ratio (Acid Test) of Founder Group (FGL) as of Oct 21, 2026 is 0.86. In the previous year, Quick Ratio (Acid Test) was 1.18 — a change of -26.80% (lower).

Quick Ratio

0.86

YoY

-26.80%

Last updated:

Quick Ratio (Acid Test) of Founder Group is 2024 0.86 . Quick Ratio (Acid Test) of Founder Group was 2023 1.18 . It decreases by -26.80% lower compared to the previous year.

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Founder Group Stock analysis

What does Founder Group do? Founder Group Ltd generates revenue through EPCC services for large-scale solar and commercial & industrial projects. The company's Large-scale solar segment focuses on utility-scale photovoltaic power plants with one megawatt or more capacity, designed for grid supply, while the Commercial & Industrial segment provides rooftop solar systems for factories, warehouses, and commercial stores. Engineering and design services cover initial conceptualization to detailed system design, including solar PV array and balance of system planning. Clients include utility providers and commercial entities requiring solar power solutions for grid integration or self-consumption. The company's business model centers on delivering end-to-end EPCC solutions, with revenue derived from project contracts across both segments. Large-scale solar projects involve ground-mounted installations for grid-connected power generation, whereas C&I projects target on-site electricity generation for commercial properties. Engineering and design services are integral to both segments, forming a key revenue stream alongside construction and commissioning. Founder Group Ltd's offerings are tailored to the specific needs of utility-scale solar and commercial clients, with no mention of additional product lines or third-party partnerships. The company's revenue streams are directly tied to project execution within its two defined segments, emphasizing engineering, procurement, construction, and commissioning as the core service delivery mechanism. Founder Group is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Founder Group stock

Quick Ratio (Acid Test) of Founder Group is 0.86 in 2024.

Quick Ratio (Acid Test) of Founder Group changed from 1.18 to 0.86, representing a -26.80% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) Founder Group since 2006 – with annual values, charts, and detailed analysis.

The Quick Ratio measures liquidity by comparing liquid assets to current liabilities, excluding inventory. It is a more conservative measure than the current ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Quick Ratio (Acid Test)'s Founder Group with sector peers and the industry average to assess whether it is attractive.

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Leverage — Founder Group

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