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Bhartiya International (NSE:BIL) Cash Ratio : 0.00 (As of Dec. 2024)


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What is Bhartiya International 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. Bhartiya International's Cash Ratio for the quarter that ended in Dec. 2024 was 0.00.

Bhartiya International 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 Bhartiya International's Cash Ratio or its related term are showing as below:

NSE:BIL' s Cash Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.1   Max: 0.23
Current: 0.16

During the past 13 years, Bhartiya International's highest Cash Ratio was 0.23. The lowest was 0.02. And the median was 0.10.

NSE:BIL's Cash Ratio is ranked worse than
67.98% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.36 vs NSE:BIL: 0.16

Bhartiya International Cash Ratio Historical Data

The historical data trend for Bhartiya International'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.

Bhartiya International Cash Ratio Chart

Bhartiya International Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.04 0.08 0.02 0.05

Bhartiya International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cash 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 - 0.05 - 0.16 -

Competitive Comparison of Bhartiya International's Cash Ratio

For the Footwear & Accessories subindustry, Bhartiya International'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.


Bhartiya International's Cash Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bhartiya International's Cash Ratio falls into.


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Bhartiya International Cash Ratio Calculation

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

Bhartiya International's Cash Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Cash Ratio (A: Mar. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=270.546/5890.766
=0.05

Bhartiya International's Cash Ratio for the quarter that ended in Dec. 2024 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.


Bhartiya International  (NSE:BIL) 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.


Bhartiya International Cash Ratio Related Terms

Thank you for viewing the detailed overview of Bhartiya International's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bhartiya International Business Description

Traded in Other Exchanges
Address
38, Sector 44, New Delhi Capital Region, Gurgaon, HR, IND, 122002
Bhartiya International Ltd is engaged in the design, manufacture, marketing, and distribution of leather garments. The company operates through the Fashion apparel and accessories segment. The Fashion apparel and accessories segment includes Leather products, Textile products, and intermediaries. The company is involved in the tanning and dressing of leather, the manufacture of luggage, handbags, saddlery, and harnesses, dressing, and dyeing of fur. The company's product portfolio comprises Leather, Textile apparel and bags, and other related accessories for all groups including men, women, and children. In addition, it exports and imports garments and offers consultancy services.

Bhartiya International Headlines

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