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Filtra Consultants and Engineers (BOM:539098) Cash Ratio

: 0.15 (As of Mar. 2022)
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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. Filtra Consultants and Engineers's Cash Ratio for the quarter that ended in Mar. 2022 was 0.15.

Filtra Consultants and Engineers has a Cash Ratio of 0.15. 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 Filtra Consultants and Engineers's Cash Ratio or its related term are showing as below:

BOM:539098' s Cash Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.29   Max: 0.6
Current: 0.39

During the past 9 years, Filtra Consultants and Engineers's highest Cash Ratio was 0.60. The lowest was 0.03. And the median was 0.29.

BOM:539098's Cash Ratio is ranked worse than
58.27% of 2830 companies
in the Industrial Products industry
Industry Median: 0.51 vs BOM:539098: 0.39

Filtra Consultants and Engineers Cash Ratio Historical Data

The historical data trend for Filtra Consultants and Engineers'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.

Filtra Consultants and Engineers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.03 0.07 0.15 0.39

Filtra Consultants and Engineers Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
Cash Ratio 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 0.08 0.07 0.03 0.15 0.39

Competitive Comparison

For the Pollution & Treatment Controls subindustry, Filtra Consultants and Engineers'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.

   

Filtra Consultants and Engineers Cash Ratio Distribution

For the Industrial Products industry and Industrials sector, Filtra Consultants and Engineers's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Filtra Consultants and Engineers's Cash Ratio falls in comparison to its industry or sector. The grey bar indicates the Cash Ratio's extreme value range as defined by GuruFocus.



Filtra Consultants and Engineers Cash Ratio Calculation

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

Filtra Consultants and Engineers's Cash Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Cash Ratio (A: Mar. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=47.703/122.193
=0.39

Filtra Consultants and Engineers's Cash Ratio for the quarter that ended in Mar. 2022 is calculated as:

Cash Ratio (Q: Mar. 2022 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=20.904/137.695
=0.15

* 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.


Filtra Consultants and Engineers  (BOM:539098) 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.


Filtra Consultants and Engineers Cash Ratio Related Terms

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Filtra Consultants and Engineers (BOM:539098) Business Description

Filtra Consultants and Engineers logo
Traded in Other Exchanges
N/A
Address
Sahakar Wadi, Off Aarey Road, 1501, Synergy Business Park, Near Synthofine Industrial Estate, Goregaon (East), Mumbai, MH, IND, 400063
Filtra consultants and engineers ltd is an India based company engaged in trading and manufacturing activity of water treatment system business such as membrane, multi port valve, cartridge, vessels, tank, pump, ph meter, orp meter, conductivity meter uv purifiers, high pressure pumps, pressure switch, level switch and such other items which used for the purpose of industrial water treatment plant. The company operates through its business in Mumbai, Pune, Nagpur, Indore and Ahmedabad.

Filtra Consultants and Engineers (BOM:539098) Headlines

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