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One Global Service Provider (BOM:514330) Current Ratio : 1.65 (As of Mar. 2024)


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What is One Global Service Provider Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. One Global Service Provider's current ratio for the quarter that ended in Mar. 2024 was 1.65.

One Global Service Provider has a current ratio of 1.65. It generally indicates good short-term financial strength.

The historical rank and industry rank for One Global Service Provider's Current Ratio or its related term are showing as below:

BOM:514330' s Current Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.73   Max: 2.73
Current: 1.65

During the past 9 years, One Global Service Provider's highest Current Ratio was 2.73. The lowest was 0.70. And the median was 1.73.

BOM:514330's Current Ratio is ranked better than
60.09% of 679 companies
in the Healthcare Providers & Services industry
Industry Median: 1.37 vs BOM:514330: 1.65

One Global Service Provider Current Ratio Historical Data

The historical data trend for One Global Service Provider's Current 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.

One Global Service Provider Current Ratio Chart

One Global Service Provider Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Current Ratio
Get a 7-Day Free Trial Premium Member Only 0.70 2.20 2.02 1.73 1.65

One Global Service Provider Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Current 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 1.73 - 1.48 - 1.65

Competitive Comparison of One Global Service Provider's Current Ratio

For the Pharmaceutical Retailers subindustry, One Global Service Provider's Current Ratio, along with its competitors' market caps and Current 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.


One Global Service Provider's Current Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, One Global Service Provider's Current Ratio distribution charts can be found below:

* The bar in red indicates where One Global Service Provider's Current Ratio falls into.



One Global Service Provider Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

One Global Service Provider's Current Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Current Ratio (A: Mar. 2024 )=Total Current Assets (A: Mar. 2024 )/Total Current Liabilities (A: Mar. 2024 )
=281.662/170.676
=1.65

One Global Service Provider's Current Ratio for the quarter that ended in Mar. 2024 is calculated as

Current Ratio (Q: Mar. 2024 )=Total Current Assets (Q: Mar. 2024 )/Total Current Liabilities (Q: Mar. 2024 )
=281.662/170.676
=1.65

* 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.


One Global Service Provider  (BOM:514330) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


One Global Service Provider Current Ratio Related Terms

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One Global Service Provider (BOM:514330) Business Description

Traded in Other Exchanges
N/A
Address
213, Free Press Journal Marg, 1205-1206, 12th Floor, Raheja Chambers, Nariman Point, Mumbai, MH, IND, 400021
One Global Service Provider Ltd is an Indian company engaged in the business of healthcare and related activities. The company has also started to provide consultancy and development in software and other IT solutions.

One Global Service Provider (BOM:514330) Headlines

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