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Fusion Finance (BOM:543652) Current Ratio : 0.00 (As of Dec. 2024)


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What is Fusion Finance 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. Fusion Finance's current ratio for the quarter that ended in Dec. 2024 was 0.00.

Fusion Finance 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 Fusion Finance 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 Fusion Finance's Current Ratio or its related term are showing as below:

BOM:543652' s Current Ratio Range Over the Past 10 Years
Min: 1.99   Med: 2.28   Max: 116.19
Current: 116.19

During the past 5 years, Fusion Finance's highest Current Ratio was 116.19. The lowest was 1.99. And the median was 2.28.

BOM:543652's Current Ratio is ranked better than
81.91% of 376 companies
in the Credit Services industry
Industry Median: 4.675 vs BOM:543652: 116.19

Fusion Finance Current Ratio Historical Data

The historical data trend for Fusion Finance'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.

Fusion Finance Current Ratio Chart

Fusion Finance Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Current Ratio
2.35 2.44 1.99 2.21 2.21

Fusion Finance Quarterly Data
Mar20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 2.21 - 116.19 -

Competitive Comparison of Fusion Finance's Current Ratio

For the Credit Services subindustry, Fusion Finance'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.


Fusion Finance's Current Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Fusion Finance's Current Ratio distribution charts can be found below:

* The bar in red indicates where Fusion Finance's Current Ratio falls into.


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Fusion Finance 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.

Fusion Finance'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 )
=78044/35392.8
=2.21

Fusion Finance's Current Ratio for the quarter that ended in Dec. 2024 is calculated as

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


Fusion Finance  (BOM:543652) 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.


Fusion Finance Current Ratio Related Terms

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Fusion Finance Business Description

Traded in Other Exchanges
Address
Plot No. 86, Institutional Sector - 32, Gurugram, HR, IND, 122001
Fusion Finance Ltd is engaged in microfinance lending activities, providing financial services to poor women in India who are organized as Joint Liability Groups (JLGs). The company provides small value collateral-free loans. Apart from microfinance lending, the company also has lending to MSME enterprises. It uses its distribution channel to provide other financial products and services to the members related to providing of loans to the members for the purchase of certain productivity-enhancing products such as mobile handsets, and bicycles.

Fusion Finance Headlines

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