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Pulz Electronics (NSE:PULZ) Cash Ratio : 0.70 (As of Mar. 2024)


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What is Pulz Electronics 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. Pulz Electronics's Cash Ratio for the quarter that ended in Mar. 2024 was 0.70.

Pulz Electronics has a Cash Ratio of 0.70. 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 Pulz Electronics's Cash Ratio or its related term are showing as below:

NSE:PULZ' s Cash Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.31   Max: 0.7
Current: 0.7

During the past 11 years, Pulz Electronics's highest Cash Ratio was 0.70. The lowest was 0.01. And the median was 0.31.

NSE:PULZ's Cash Ratio is ranked better than
54.37% of 2450 companies
in the Hardware industry
Industry Median: 0.61 vs NSE:PULZ: 0.70

Pulz Electronics Cash Ratio Historical Data

The historical data trend for Pulz Electronics'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.

Pulz Electronics Cash Ratio Chart

Pulz Electronics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.40 0.51 0.21 0.70

Pulz Electronics Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.44 0.40 0.51 0.21 0.70

Competitive Comparison of Pulz Electronics's Cash Ratio

For the Consumer Electronics subindustry, Pulz Electronics'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.


Pulz Electronics's Cash Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pulz Electronics's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Pulz Electronics's Cash Ratio falls into.



Pulz Electronics Cash Ratio Calculation

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

Pulz Electronics'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
=59.892/85.348
=0.70

Pulz Electronics's Cash Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash Ratio (Q: Mar. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=59.892/85.348
=0.70

* 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.


Pulz Electronics  (NSE:PULZ) 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.


Pulz Electronics Cash Ratio Related Terms

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Pulz Electronics Business Description

Traded in Other Exchanges
N/A
Address
Veera Desai Road, Kailashpati, 2nd Floor, Plot No. 10A, Andheri (West), Mumbai, MH, IND, 400 053
Pulz Electronics Ltd develops, manufactures, and sells audio systems and solutions to the cinema, pro-audio, studio, and home audio industries in India and internationally. The technologies offered by the Line Source, IsoWave, WaveDrive, AeroWave and Point Source Precision. The company's business falls within a single business segment of Audio Systems.

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