Arigato Universe has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Arigato Universe's Quick Ratio or its related term are showing as below:
BOM:530267'
s Quick Ratio Range Over the Past 10 Years
Min: 0.57 Med: 4.76 Max: 202.27
Current: 42.79
During the past 13 years, Arigato Universe's highest Quick Ratio was 202.27. The lowest was 0.57. And the median was 4.76.
BOM:530267's Quick Ratio is ranked better than 99.23% of 392
companies
in the Building Materials industry
Industry Median: 1.025
vs BOM:530267: 42.79
Arigato Universe Quick Ratio Historical Data
The historical data trend for Arigato Universe'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.
Competitive Comparison of Arigato Universe's Quick Ratio
For the Building Materials subindustry, Arigato Universe'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.
Arigato Universe's Quick Ratio Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Arigato Universe's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Arigato Universe's Quick Ratio falls into.
Arigato Universe 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.
Arigato Universe's Quick Ratio for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Arigato Universe (BOM:530267) 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.
Arigato Universe Quick Ratio Related Terms
Thank you for viewing the detailed overview of Arigato Universe's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Arigato Universe (BOM:530267) Business Description
Arigato Universe Ltd formerly Saboo Brothers Ltd is an Indian-based company engaged in manufacturing and dealing in construction. Its activity includes Manufacturing and dealing in construction-related materials, and commodities. Execution of contracts related to real estate and development of land, development of and dealing in immovable properties. Development of properties for Hospitality and recreational Activities and related services and providing such services at BSE. It has two reportable Segment which is I.T. Services and manufacturing and dealing in construction-related materials, and commodities. It derives the majority of its revenue from manufacturing and dealing in construction-related materials and commodities. It derives key revenue from India.
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