Magma Fincorp Current ratio
Qual é o Current ratio de Magma Fincorp?
O Current ratio de Magma Fincorp Limited é 29.09
Qual é a definição de Current ratio?
O índice atual é um índice de liquidez que mede se uma empresa possui ou não recursos suficientes para cumprir suas obrigações de curto prazo.
The current ratio is an indication of a company's liquidity and measures the capability to meet a company's short-term obligations. It compares a firm's current assets to its current liabilities, and is expressed as current assets divided by current liabilities. The ratio is only useful when two companies are compared within industry because inter industry business operations differ substantially. To determine liquidity, the current ratio is not as helpful as the quick ratio, because it includes all those assets that may not be easily liquidated, like prepaid expenses and inventory.
Acceptable current ratios vary from industry to industry. In many cases an investor would consider a high current ratio to be better than a low current ratio, because a high current ratio indicates that the company is more likely to pay the investor back. Large current ratios are not always a good sign for investors. If the company's current ratio is too high it may indicate that the company is not efficiently using its current assets or its short-term financing facilities. If current liabilities exceed current assets the current ratio will be less than 1. A current ratio of less than 1 indicates that the company may have problems meeting its short-term obligations.
Some types of businesses can operate with a current ratio of less than one however. If inventory turns into cash much more rapidly than the accounts payable become due, then the firm's current ratio can comfortably remain less than one. Inventory is valued at the cost of acquiring it and the firm intends to sell the inventory for more than this cost. The sale will therefore generate substantially more cash than the value of inventory on the balance sheet. Low current ratios can also be justified for businesses that can collect cash from customers long before they need to pay their suppliers.
Current ratio de empresas na Setor Finance em NSE em comparação com Magma Fincorp
O que Magma Fincorp faz?
Magma Fincorp Limited, a non-banking financial company, provides asset finance services in India. The company offers loans for cars, SMEs, construction equipment, commercial vehicles, tractors, and used vehicles. It also provides housing finance; and auto leasing services. The company operates a network of 314 branches. Magma Fincorp Limited was incorporated in 1978 and is headquartered in Mumbai, India.
Empresas com current ratio semelhantes a Magma Fincorp
- LGI Homes Inc tem Current ratio de 28.83
- VR Education Plc tem Current ratio de 28.86
- Cullinan Oncology tem Current ratio de 28.87
- Petro Matad tem Current ratio de 28.93
- Powerhouse Ventures tem Current ratio de 29.00
- Factor Therapeutics tem Current ratio de 29.03
- Magma Fincorp tem Current ratio de 29.09
- WA1 Resources Ltd tem Current ratio de 29.10
- New Pacific Metals tem Current ratio de 29.11
- New Pacific Metals tem Current ratio de 29.11
- New Pacific Metals tem Current ratio de 29.11
- Franco-Nevada tem Current ratio de 29.12
- Noratis AG tem Current ratio de 29.13