Trend Electronics (BOM:517228) Current Ratio: 0.31 (As of Sep. 2022)

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BOM:517228 Trend Electronics Ltd BOM:517228
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Price ₹12.87
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What is Trend Electronics Current Ratio?

Trend Electronics BOM:517228 4 Current Ratio is 0.31 as of Sep. 2022. GuruFocus rates BOM:517228 with a GF Score™ of 4/100.

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. Trend Electronics's current ratio for the quarter that ended in Sep. 2022 was 0.31.

Trend Electronics has a current ratio of 0.31. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Trend Electronics has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Trend Electronics's Current Ratio or its related term are showing as below:

BOM:517228's Current Ratio is not ranked *
in the Hardware industry.
Industry Median: 1.96
* Ranked among companies with meaningful Current Ratio only.

Trend Electronics  (BOM:517228) 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.


Trend Electronics Current Ratio Related Terms


Trend Electronics Current Ratio Historical Data

* Premium members only.

The historical data trend for Trend Electronics'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.

Trend Electronics Current Ratio Chart

Trend Electronics Annual Data
Trend Dec13 Dec14 Dec15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.54 0.41 0.36 0.32

Trend Electronics Quarterly Data
Jun17 Dec17 Mar18 Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.35 0.00 0.32 0.00 0.31

BOM:517228 vs LOGG, ANDR, ESCC: Current Ratio Comparison

For the Consumer Electronics subindustry, Trend Electronics'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.


Trend Electronics Current Ratio vs Hardware Industry

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

* The bar in red indicates where Trend Electronics's Current Ratio falls into.


BOM:517228
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Trend Electronics Ltd BOM:517228
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Trend Electronics 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.

Trend Electronics's Current Ratio for the fiscal year that ended in Mar. 2022 is calculated as

Current Ratio (A: Mar. 2022 )=Total Current Assets (A: Mar. 2022 )/Total Current Liabilities (A: Mar. 2022 )
=5928.4/18297.8
=0.32

Trend Electronics's Current Ratio for the quarter that ended in Sep. 2022 is calculated as

Current Ratio (Q: Sep. 2022 )=Total Current Assets (Q: Sep. 2022 )/Total Current Liabilities (Q: Sep. 2022 )
=6005.1/19468.3
=0.31

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.31 mean?
Trend Electronics (BOM:517228) has a Current Ratio of 0.31 as of Sep. 2022.
Is Trend Electronics' Current Ratio too high?
Trend Electronics' current Current Ratio is 0.31. The Hardware industry median Current Ratio is 1.96. Trend Electronics' value of 0.31 is 84.2% below this industry median. Overall, Trend Electronics has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Trend Electronics' Current Ratio compare to LOGG and ANDR?
Trend Electronics' Current Ratio of 0.31 can be compared against companies in the Hardware industry. The industry median Current Ratio is 1.96. Trend Electronics' value of 0.31 is 84.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Hardware company?
The median Current Ratio among Hardware companies is 1.96, based on 2,497 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trend Electronics's current Current Ratio of 0.31 is 84.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trend Electronics's current Current Ratio is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trend Electronics stock overvalued right now?
Trend Electronics (BOM:517228) has a current Current Ratio of 0.31. The current Current Ratio is 0.31 and 84.2% below the Hardware industry median of 1.96. Trend Electronics' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Trend Electronics (BOM:517228), the current Current Ratio is 0.31 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Trend Electronics Business Description

Address 20 K.M. Stone, Aurangabad-Beed Road, Village Bhalgaon, Aurangabad, MH, IND, 431210
Trend Electronics Ltd is an Indian-based company engaged in the manufacturing and trading of consumer electronics products and electronic components. Its products include Televisions, DVDs, and Set Top Boxes.
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Get the complete analysis for BOM:517228

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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