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Kaizen Agro Infrabuild (BOM:538833) Quick Ratio : 0.00 (As of Dec. 2023)


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What is Kaizen Agro Infrabuild Quick Ratio?

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. Kaizen Agro Infrabuild's quick ratio for the quarter that ended in Dec. 2023 was 0.00.

Kaizen Agro Infrabuild 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 Kaizen Agro Infrabuild's Quick Ratio or its related term are showing as below:

BOM:538833' s Quick Ratio Range Over the Past 10 Years
Min: 4.8   Med: 15.89   Max: 70.47
Current: 64.28

During the past 10 years, Kaizen Agro Infrabuild's highest Quick Ratio was 70.47. The lowest was 4.80. And the median was 15.89.

BOM:538833's Quick Ratio is ranked better than
99.76% of 1689 companies
in the Construction industry
Industry Median: 1.29 vs BOM:538833: 64.28

Kaizen Agro Infrabuild Quick Ratio Historical Data

The historical data trend for Kaizen Agro Infrabuild'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.

* Premium members only.

Kaizen Agro Infrabuild Quick Ratio Chart

Kaizen Agro Infrabuild Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.34 14.47 17.27 13.71 7.17

Kaizen Agro Infrabuild Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 7.17 - 64.28 -

Competitive Comparison of Kaizen Agro Infrabuild's Quick Ratio

For the Engineering & Construction subindustry, Kaizen Agro Infrabuild'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.


Kaizen Agro Infrabuild's Quick Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kaizen Agro Infrabuild's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Kaizen Agro Infrabuild's Quick Ratio falls into.



Kaizen Agro Infrabuild 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.

Kaizen Agro Infrabuild's Quick Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Quick Ratio (A: Mar. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(811.406-0.444)/113.065
=7.17

Kaizen Agro Infrabuild's Quick Ratio for the quarter that ended in Dec. 2023 is calculated as

Quick Ratio (Q: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/0
=

* 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.


Kaizen Agro Infrabuild  (BOM:538833) 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.


Kaizen Agro Infrabuild Quick Ratio Related Terms

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Kaizen Agro Infrabuild (BOM:538833) Business Description

Traded in Other Exchanges
N/A
Address
Chatterjee International Centre, 33A, Chowringhee Road, 6th Floor, Room No. 6A, Russel Street, Howrah, WB, IND, 700071
Kaizen Agro Infrabuild Ltd is a construction and engineering company in India. It is engaged in providing land development, construction services, and other related services for civil and structural construction, and infrastructure sector projects.

Kaizen Agro Infrabuild (BOM:538833) Headlines

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