BEXIMCO (DHA:BEXIMCO) Current Ratio: 2.20 (As of Dec. 2024)

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DHA:BEXIMCO BEXIMCO Ltd DHA:BEXIMCO
64 GF Score
Price BDT27.10
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What is BEXIMCO Current Ratio?

BEXIMCO DHA:BEXIMCO -1.09% 64 Current Ratio is 2.20 as of Dec. 2024. GuruFocus rates DHA:BEXIMCO with a GF Score™ of 64/100.

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. BEXIMCO's current ratio for the quarter that ended in Dec. 2024 was 2.20.

BEXIMCO has a current ratio of 2.20. It generally indicates good short-term financial strength.

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

DHA:BEXIMCO's Current Ratio is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 1.805
* Ranked among companies with meaningful Current Ratio only.

BEXIMCO  (DHA:BEXIMCO) 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.


BEXIMCO Current Ratio Related Terms


BEXIMCO Current Ratio Historical Data

* Premium members only.

The historical data trend for BEXIMCO'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.

BEXIMCO Current Ratio Chart

BEXIMCO Annual Data
Trend Dec13 Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 2.24 2.03 2.50 1.88

BEXIMCO Quarterly Data
Jun17 Jun18 Jun19 Jun20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.29 2.24 1.88 2.28 2.20

BEXIMCO Current Ratio Competitor Comparison

For the Textile Manufacturing subindustry, BEXIMCO'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.


BEXIMCO Current Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, BEXIMCO's Current Ratio distribution charts can be found below:

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


DHA:BEXIMCO
64GF Score
BEXIMCO Ltd DHA:BEXIMCO
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BEXIMCO 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.

BEXIMCO's Current Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Current Ratio (A: Jun. 2024 )=Total Current Assets (A: Jun. 2024 )/Total Current Liabilities (A: Jun. 2024 )
=82943.746/44014.112
=1.88

BEXIMCO'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 )
=64990.556/29571.701
=2.20

* 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 2.20 mean?
BEXIMCO (DHA:BEXIMCO) has a Current Ratio of 2.20 as of Dec. 2024.
Is BEXIMCO's Current Ratio too high?
BEXIMCO's current Current Ratio is 2.20. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.81. BEXIMCO's value of 2.20 is 21.9% above this industry median. Overall, BEXIMCO has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does BEXIMCO's Current Ratio compare to competitors?
BEXIMCO's Current Ratio of 2.20 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Current Ratio is 1.81. BEXIMCO's value of 2.20 is 21.9% above 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 Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.81, based on 1,064 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. BEXIMCO's current Current Ratio of 2.20 is 21.9% above 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 Manufacturing - Apparel & Accessories industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BEXIMCO's current Current Ratio is 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BEXIMCO stock overvalued right now?
BEXIMCO (DHA:BEXIMCO) has a current Current Ratio of 2.20. The current Current Ratio is 2.20 and 21.9% above the Manufacturing - Apparel & Accessories industry median of 1.81. BEXIMCO's overall GF Score™ is 64/100. 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 BEXIMCO (DHA:BEXIMCO), the current Current Ratio is 2.20 as of Dec. 2024. 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.

BEXIMCO Business Description

Address Bir Uttam M. A. Rob Sarak Road No. 2, Plot No. 24 (New) 17 (Old), Dhanmondi, Dhaka, BGD, 1205
BEXIMCO Ltd is a Bangladesh-based company, its business activities include investment operation, agency, and trading in other commodities. The company is also engaged in manufacturing and marketing of yarn that is consumed by weaving mills of Bangladesh including its own weaving mills producing and marketing fabric, that are also consumed by the export-oriented garments industries of Bangladesh including the garments factories of Beximco Group. It operates in two divisions: textiles and others out of which textile derives the majority revenue.
64GF Score

Get the complete analysis for DHA:BEXIMCO

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

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