The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Moxsh Overseas Educon's current ratio for the quarter that ended in Sep. 2023 was 3.82.
Moxsh Overseas Educon has a current ratio of 3.82. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Moxsh Overseas Educon's Current Ratio or its related term are showing as below:
NSE:MOXSH'
s Current Ratio Range Over the Past 10 Years
Min: 0.39 Med: 1.02 Max: 3.82
Current: 3.82
During the past 4 years, Moxsh Overseas Educon's highest Current Ratio was 3.82. The lowest was 0.39. And the median was 1.02.
NSE:MOXSH's Current Ratio is ranked better than 86.57% of 268
companies
in the Education industry
Industry Median: 1.295
vs NSE:MOXSH: 3.82
Moxsh Overseas Educon Current Ratio Historical Data
The historical data trend for Moxsh Overseas Educon's Current 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 Moxsh Overseas Educon's Current Ratio
For the Education & Training Services subindustry, Moxsh Overseas Educon's Current Ratio, along with its competitors' market caps and Current 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.
Moxsh Overseas Educon's Current Ratio Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, Moxsh Overseas Educon's Current Ratio distribution charts can be found below:
* The bar in red indicates where Moxsh Overseas Educon's Current Ratio falls into.
Moxsh Overseas Educon Current Ratio Calculation
The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.
Moxsh Overseas Educon's Current 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.
Moxsh Overseas Educon (NSE:MOXSH) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Moxsh Overseas Educon Current Ratio Related Terms
Thank you for viewing the detailed overview of Moxsh Overseas Educon's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Moxsh Overseas Educon (NSE:MOXSH) Business Description
Moxsh Overseas Educon Ltd is an Edu-Medi Tech company engaged in the business of offering diverse and cohesive learning solutions, counselling and mobility services to students aspiring to pursue medical studies (MBBS) in India or abroad under its brand MOKSH. It also provides advisory to students for their medical career planning and execution. The company is a digitally native, technology led business, providing online learning program (test preparation) for medical entrance examinations, NEET-UG and for medicos (i.e. medical aspirants or graduates of a medical school) to appear for medical licensing examination, such as USMLE, PLAB, DHA, NeXT, FMGE etc, under its brand MOKSH Academy.
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