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Nurani Dyeing & Sweater (DHA:NURANI) Cash Ratio : 0.00 (As of . 20)


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What is Nurani Dyeing & Sweater Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Nurani Dyeing & Sweater's Cash Ratio for the quarter that ended in . 20 was 0.00.

Nurani Dyeing & Sweater has a Cash Ratio of 0.00. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Nurani Dyeing & Sweater's Cash Ratio or its related term are showing as below:

DHA:NURANI's Cash Ratio is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.35
* Ranked among companies with meaningful Cash Ratio only.

Nurani Dyeing & Sweater Cash Ratio Historical Data

The historical data trend for Nurani Dyeing & Sweater's Cash 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.

Nurani Dyeing & Sweater Cash Ratio Chart

Nurani Dyeing & Sweater Annual Data
Trend
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Nurani Dyeing & Sweater Semi-Annual Data
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Competitive Comparison of Nurani Dyeing & Sweater's Cash Ratio

For the Textile Manufacturing subindustry, Nurani Dyeing & Sweater's Cash Ratio, along with its competitors' market caps and Cash 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.


Nurani Dyeing & Sweater's Cash Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nurani Dyeing & Sweater's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Nurani Dyeing & Sweater's Cash Ratio falls into.


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Nurani Dyeing & Sweater Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Nurani Dyeing & Sweater's Cash Ratio for the fiscal year that ended in . 20 is calculated as:

Nurani Dyeing & Sweater's Cash Ratio for the quarter that ended in . 20 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.


Nurani Dyeing & Sweater  (DHA:NURANI) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Nurani Dyeing & Sweater Cash Ratio Related Terms

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Nurani Dyeing & Sweater Business Description

Traded in Other Exchanges
N/A
Address
Holding No: 1260, White House, West Ukil Para, Feni Sadar, Feni, BGD
Nurani Dyeing & Sweater Ltd is a yarn dyeing and sweater knitting company. It is engaged in the dyeing of yarn, knitting of various types of the sweater. The company imports yarn from China, Indonesia, and India. The company project situated in the middle of Dhaka-Chittagong Highway road. The company produces Filament, Cotton Thread, Spun Polyester, and Poly Poly Core-spun (PPC).

Nurani Dyeing & Sweater Headlines

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