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Muthoot Microfin (NSE:MUTHOOTMF) Cash Ratio : 0.00 (As of Dec. 2024)


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

Muthoot Microfin 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 Muthoot Microfin's Cash Ratio or its related term are showing as below:

NSE:MUTHOOTMF' s Cash Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.27   Max: 45.78
Current: 45.78

During the past 4 years, Muthoot Microfin's highest Cash Ratio was 45.78. The lowest was 0.16. And the median was 0.27.

NSE:MUTHOOTMF's Cash Ratio is ranked better than
93.73% of 367 companies
in the Credit Services industry
Industry Median: 0.6 vs NSE:MUTHOOTMF: 45.78

Muthoot Microfin Cash Ratio Historical Data

The historical data trend for Muthoot Microfin'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.

Muthoot Microfin Cash Ratio Chart

Muthoot Microfin Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Cash Ratio
0.28 0.36 0.23 0.25

Muthoot Microfin Quarterly Data
Mar21 Mar22 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 - 0.25 - 45.78 -

Competitive Comparison of Muthoot Microfin's Cash Ratio

For the Credit Services subindustry, Muthoot Microfin'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.


Muthoot Microfin's Cash Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Muthoot Microfin's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Muthoot Microfin's Cash Ratio falls into.


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Muthoot Microfin Cash Ratio Calculation

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

Muthoot Microfin'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
=13407.24/53338.82
=0.25

Muthoot Microfin'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.


Muthoot Microfin  (NSE:MUTHOOTMF) 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.


Muthoot Microfin Cash Ratio Related Terms

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Muthoot Microfin Business Description

Traded in Other Exchanges
Address
Muthoot Towers M.G. Road, 5th Floor, Kochi, KL, IND, 682035
Muthoot Microfin Ltd is a microfinance institution providing micro-loans to women customers with a focus on rural regions of India. The company offers loan products such as group loans for livelihood solutions such as income generating loans, Pragathi loans, and individual loans; life betterment solutions including mobile phones loans, solar lighting product loans, and household appliances product loans; health and hygiene loans such as sanitation improvement loans; and secured loans in the form of gold loans and Muthoot Small & Growing Business loans.

Muthoot Microfin Headlines

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