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. KCD Industries India's current ratio for the quarter that ended in Dec. 2024 was 0.00.
KCD Industries India 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 KCD Industries India 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 KCD Industries India's Current Ratio or its related term are showing as below:
BOM:540696'
s Current Ratio Range Over the Past 10 Years
Min: 2.2 Med: 2.79 Max: 8447
Current: 2.92
During the past 13 years, KCD Industries India's highest Current Ratio was 8447.00. The lowest was 2.20. And the median was 2.79.
BOM:540696's Current Ratio is ranked better than 84.1% of 1742
companies
in the Construction industry
Industry Median: 1.54
vs BOM:540696: 2.92
KCD Industries India Current Ratio Historical Data
The historical data trend for KCD Industries India'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.
Competitive Comparison of KCD Industries India's Current Ratio
For the Engineering & Construction subindustry, KCD Industries India'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.
KCD Industries India's Current Ratio Distribution in the Construction Industry
For the Construction industry and Industrials sector, KCD Industries India's Current Ratio distribution charts can be found below:
* The bar in red indicates where KCD Industries India's Current Ratio falls into.
* 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.
KCD Industries India (BOM:540696) 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.
KCD Industries India Current Ratio Related Terms
Thank you for viewing the detailed overview of KCD Industries India's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
KCD Industries India Ltd is engaged in Real Estate, Decor, Infra, Printing, Hospitality, and Automobile business. The Company has a wide network of operations across Pan India. Its business segments include Realty and Infra. The company's diverse portfolio includes Industrial, Infrastructure, Commercial, Residential, Land Development Projects & Government services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:540696 has been successfully added to your 