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Antony Waste Handling Cell (BOM:543254) Current Ratio : 0.00 (As of Dec. 2023)


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What is Antony Waste Handling Cell 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. Antony Waste Handling Cell's current ratio for the quarter that ended in Dec. 2023 was 0.00.

Antony Waste Handling Cell 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 Antony Waste Handling Cell 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 Antony Waste Handling Cell's Current Ratio or its related term are showing as below:

BOM:543254' s Current Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.19   Max: 1.67
Current: 1.19

During the past 7 years, Antony Waste Handling Cell's highest Current Ratio was 1.67. The lowest was 0.65. And the median was 1.19.

BOM:543254's Current Ratio is ranked worse than
60.98% of 246 companies
in the Waste Management industry
Industry Median: 1.415 vs BOM:543254: 1.19

Antony Waste Handling Cell Current Ratio Historical Data

The historical data trend for Antony Waste Handling Cell'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.

Antony Waste Handling Cell Current Ratio Chart

Antony Waste Handling Cell Annual Data
Trend Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23
Current Ratio
Get a 7-Day Free Trial 0.78 1.15 1.61 1.46 1.31

Antony Waste Handling Cell Quarterly Data
Mar16 Mar17 Mar18 Jun18 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 1.31 - 1.19 -

Competitive Comparison of Antony Waste Handling Cell's Current Ratio

For the Waste Management subindustry, Antony Waste Handling Cell'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.


Antony Waste Handling Cell's Current Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Antony Waste Handling Cell's Current Ratio distribution charts can be found below:

* The bar in red indicates where Antony Waste Handling Cell's Current Ratio falls into.



Antony Waste Handling Cell 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.

Antony Waste Handling Cell's Current Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Current Ratio (A: Mar. 2023 )=Total Current Assets (A: Mar. 2023 )/Total Current Liabilities (A: Mar. 2023 )
=3653.999/2785.483
=1.31

Antony Waste Handling Cell's Current Ratio for the quarter that ended in Dec. 2023 is calculated as

Current Ratio (Q: Dec. 2023 )=Total Current Assets (Q: Dec. 2023 )/Total Current Liabilities (Q: Dec. 2023 )
=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.


Antony Waste Handling Cell  (BOM:543254) 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.


Antony Waste Handling Cell Current Ratio Related Terms

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Antony Waste Handling Cell (BOM:543254) Business Description

Traded in Other Exchanges
Address
Eastern Express Highway, 1402-1404, 14th Floor, Dev Corpora Building, Opposite Cadbury Company, Thane (West), Thane, MH, IND, 400 601
Antony Waste Handling Cell Ltd is a provider of a full spectrum of municipal solid waste services which includes solid waste collection, transportation, processing, and disposal services across the country, catering to Indian municipalities. The company undertakes municipal solid waste collection and transportation projects, municipal solid waste processing projects, and mechanized sweeping projects. It undertakes projects for the Municipal Corporation of Greater Mumbai, the Navi Mumbai Municipal Corporation, the Thane Municipal Corporation, the North Delhi Municipal Corporation, the Ulhasnagar Municipal Corporation, the Mangalore Municipal Corporation, and the Greater Noida Industrial Development Authority.

Antony Waste Handling Cell (BOM:543254) Headlines

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