Tamijuddin Textile Mills (DHA:TAMIJTEX) Current Ratio: 0.00 (As of . 20)

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DHA:TAMIJTEX Tamijuddin Textile Mills PLC DHA:TAMIJTEX
32 GF Score
Price BDT137.40
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What is Tamijuddin Textile Mills Current Ratio?

Tamijuddin Textile Mills DHA:TAMIJTEX +1.55% 32 Current Ratio is 0.00 as of . 20. GuruFocus rates DHA:TAMIJTEX with a GF Score™ of 32/100. Among 1,064 Manufacturing - Apparel & Accessories companies, Tamijuddin Textile Mills ranks worse than 93984.87% on this metric.

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. Tamijuddin Textile Mills's current ratio for the quarter that ended in . 20 was 0.00.

Tamijuddin Textile Mills 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 Tamijuddin Textile Mills 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 Tamijuddin Textile Mills's Current Ratio or its related term are showing as below:

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

Tamijuddin Textile Mills  (DHA:TAMIJTEX) 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.


Tamijuddin Textile Mills Current Ratio Related Terms


Tamijuddin Textile Mills Current Ratio Historical Data

* Premium members only.

The historical data trend for Tamijuddin Textile Mills'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.

Tamijuddin Textile Mills Current Ratio Chart

Tamijuddin Textile Mills Annual Data
Trend
Current Ratio

Tamijuddin Textile Mills Semi-Annual Data
Current Ratio

DHA:TAMIJTEX vs : Current Ratio Comparison

For the Textile Manufacturing subindustry, Tamijuddin Textile Mills'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.


Tamijuddin Textile Mills Current Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Tamijuddin Textile Mills's Current Ratio falls into.


DHA:TAMIJTEX
32GF Score
Tamijuddin Textile Mills PLC DHA:TAMIJTEX
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tamijuddin Textile Mills 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.

Tamijuddin Textile Mills's Current Ratio for the fiscal year that ended in . 20 is calculated as

Current Ratio (A: . 20 )=Total Current Assets (A: . 20 )/Total Current Liabilities (A: . 20 )
=/
=

Tamijuddin Textile Mills's Current Ratio for the quarter that ended in . 20 is calculated as

Current Ratio (Q: . 20 )=Total Current Assets (Q: . 20 )/Total Current Liabilities (Q: . 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 0.00 mean?
Tamijuddin Textile Mills (DHA:TAMIJTEX) has a Current Ratio of 0.00 as of . 20. According to the industry distribution chart, Tamijuddin Textile Mills ranks #999999 out of 1064 companies in the Manufacturing - Apparel & Accessories industry.
Is Tamijuddin Textile Mills' Current Ratio too high?
Tamijuddin Textile Mills' current Current Ratio is 0.00. Based on the distribution chart, Tamijuddin Textile Mills ranks #999999 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Tamijuddin Textile Mills has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Tamijuddin Textile Mills' Current Ratio compare to ?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tamijuddin Textile Mills ranks #999999 out of 1064 companies for Current Ratio. This places Tamijuddin Textile Mills in the lower half of its industry. The industry median Current Ratio is 1.81. 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. 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. Tamijuddin Textile Mills's current Current Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamijuddin Textile Mills stock overvalued right now?
Tamijuddin Textile Mills (DHA:TAMIJTEX) has a current Current Ratio of 0.00. The current Current Ratio is 0.00. Tamijuddin Textile Mills' overall GF Score™ is 32/100. 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 Tamijuddin Textile Mills (DHA:TAMIJTEX), the current Current Ratio is 0.00 as of . 20. 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.

Tamijuddin Textile Mills Business Description

Comparable Companies
Address Block NW (J), Kemal Ataturk Avenue, Anabil Tower, 14th and 15th Floor, Plot No. 03, Gulshan-2, Dhaka, BGD, 1212
Tamijuddin Textile Mills PLC owns and operates a textile spinning mill producing and selling assorted cotton yarn and polyester yarn in the local market and exporting under back to back L/C to local knitwear and woven industries.
32GF Score

Get the complete analysis for DHA:TAMIJTEX

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

BDT137.40
Price