Nagreeka Capital & Infrastructure 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 Nagreeka Capital & Infrastructure 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 Nagreeka Capital & Infrastructure's Current Ratio or its related term are showing as below:
NSE:NAGREEKCAP'
s Current Ratio Range Over the Past 10 Years
Min: 0.23 Med: 5.38 Max: 779.74
Current: 5.54
During the past 13 years, Nagreeka Capital & Infrastructure's highest Current Ratio was 779.74. The lowest was 0.23. And the median was 5.38.
NSE:NAGREEKCAP's Current Ratio is ranked better than 70.15% of 660
companies
in the Capital Markets industry
Industry Median: 2.395
vs NSE:NAGREEKCAP: 5.54
Nagreeka Capital & Infrastructure Current Ratio Historical Data
* 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.
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Nagreeka Capital & Infrastructure Current Ratio Chart
Competitive Comparison of Nagreeka Capital & Infrastructure's Current Ratio
For the Capital Markets subindustry, Nagreeka Capital & Infrastructure'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.
Nagreeka Capital & Infrastructure's Current Ratio Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nagreeka Capital & Infrastructure's Current Ratio distribution charts can be found below:
* The bar in red indicates where Nagreeka Capital & Infrastructure'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.
Nagreeka Capital & Infrastructure (NSE:NAGREEKCAP) 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.
Nagreeka Capital & Infrastructure Current Ratio Related Terms
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Nagreeka Capital & Infrastructure Business Description
Nagreeka Capital & Infrastructure Ltd is an India-based company engaged in investing in shares, securities, and units of mutual funds. It has a business segment that is Investment. Its main business is the acquisition of shares, stock, bonds, etc. Sales of securities generate the majority of the revenue for the company. The firm has its operations present only in India.
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