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Uma Converter (NSE:UMA) Cash Ratio : 0.01 (As of Mar. 2024)


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What is Uma Converter 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. Uma Converter's Cash Ratio for the quarter that ended in Mar. 2024 was 0.01.

Uma Converter has a Cash Ratio of 0.01. 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 Uma Converter's Cash Ratio or its related term are showing as below:

NSE:UMA' s Cash Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.03
Current: 0.01

During the past 5 years, Uma Converter's highest Cash Ratio was 0.03. The lowest was 0.01. And the median was 0.02.

NSE:UMA's Cash Ratio is ranked worse than
95.17% of 393 companies
in the Packaging & Containers industry
Industry Median: 0.34 vs NSE:UMA: 0.01

Uma Converter Cash Ratio Historical Data

The historical data trend for Uma Converter'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.

Uma Converter Cash Ratio Chart

Uma Converter Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Cash Ratio
0.02 0.01 0.02 0.03 0.01

Uma Converter Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Cash Ratio Get a 7-Day Free Trial 0.02 0.01 0.03 - 0.01

Competitive Comparison of Uma Converter's Cash Ratio

For the Packaging & Containers subindustry, Uma Converter'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.


Uma Converter's Cash Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Uma Converter's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Uma Converter's Cash Ratio falls into.



Uma Converter Cash Ratio Calculation

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

Uma Converter'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
=4.529/676.655
=0.01

Uma Converter'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
=4.529/676.655
=0.01

* 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.


Uma Converter  (NSE:UMA) 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.


Uma Converter Cash Ratio Related Terms

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Uma Converter Business Description

Traded in Other Exchanges
N/A
Address
Santej Road, Block No. 868, Near CNG Petrol Pump, Village-Santej, Taluka- Kalol, Gandhinagar, GJ, IND, 382721
Uma Converter Ltd is a manufacturer and exporter of flexible packaging material offering a wide range of customized packaging solutions for various industries such as food, beverages, pharmaceuticals, personal care, and many more. The product portfolio largely consists of multi-color pouches, stand-up pouches, zip-lock pouches, vacuum pouches, paper bags, e-commerce bags, and others.

Uma Converter Headlines

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