GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sanco Trans Ltd (BOM:523116) » Definitions » Current Ratio

Sanco Trans (BOM:523116) Current Ratio : 0.00 (As of Jun. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Sanco Trans 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. Sanco Trans's current ratio for the quarter that ended in Jun. 2024 was 0.00.

Sanco Trans has a current ratio of 0.00. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Sanco Trans 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 Sanco Trans's Current Ratio or its related term are showing as below:

BOM:523116' s Current Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.98   Max: 1.4
Current: 1.18

During the past 13 years, Sanco Trans's highest Current Ratio was 1.40. The lowest was 0.59. And the median was 0.98.

BOM:523116's Current Ratio is ranked worse than
59.51% of 973 companies
in the Transportation industry
Industry Median: 1.4 vs BOM:523116: 1.18

Sanco Trans Current Ratio Historical Data

The historical data trend for Sanco Trans'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.

Sanco Trans Current Ratio Chart

Sanco Trans Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.05 1.40 1.35 1.18

Sanco Trans Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 1.20 - 1.18 -

Competitive Comparison of Sanco Trans's Current Ratio

For the Integrated Freight & Logistics subindustry, Sanco Trans'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.


Sanco Trans's Current Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sanco Trans's Current Ratio distribution charts can be found below:

* The bar in red indicates where Sanco Trans's Current Ratio falls into.



Sanco Trans 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.

Sanco Trans'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 )
=343.014/289.784
=1.18

Sanco Trans's Current Ratio for the quarter that ended in Jun. 2024 is calculated as

Current Ratio (Q: Jun. 2024 )=Total Current Assets (Q: Jun. 2024 )/Total Current Liabilities (Q: Jun. 2024 )
=0/0
=

* 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.


Sanco Trans  (BOM:523116) 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.


Sanco Trans Current Ratio Related Terms

Thank you for viewing the detailed overview of Sanco Trans's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Sanco Trans Business Description

Traded in Other Exchanges
N/A
Address
Second Line Beach Road, S.T. Tower, New Number 24 & 25, II Floor, Chennai, TN, IND, 600001
Sanco Trans Ltd is engaged in the logistics business in India. The company provides logistics services across multimodal transport operators and container freight station operations, air cargo services for perishable and dangerous goods, transport, and heavy equipment for the handling of materials. It is principally engaged in a single business segment which is Logistics. It also provides stevedoring, warehousing, and distribution services; container terminal maintenance and repair services; customs clearance and port formalities; and multimodal transport operation and freight forwarding services. The business derives revenue from the provision of Equipment and fleet hire, Warehouse, Handling and Agency, and other services, of which substantial income accrues from handling services.

Sanco Trans Headlines

No Headlines