GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Steel Strips Infrastructures Ltd (BOM:513173) » Definitions » Current Ratio

Steel Strips Infrastructures (BOM:513173) Current Ratio : 0.69 (As of Mar. 2025)


View and export this data going back to 2002. Start your Free Trial

What is Steel Strips Infrastructures 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. Steel Strips Infrastructures's current ratio for the quarter that ended in Mar. 2025 was 0.69.

Steel Strips Infrastructures has a current ratio of 0.69. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Steel Strips Infrastructures 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 Steel Strips Infrastructures's Current Ratio or its related term are showing as below:

BOM:513173' s Current Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.75   Max: 10.25
Current: 0.69

During the past 13 years, Steel Strips Infrastructures's highest Current Ratio was 10.25. The lowest was 0.69. And the median was 1.75.

BOM:513173's Current Ratio is ranked worse than
84.84% of 1788 companies
in the Real Estate industry
Industry Median: 1.67 vs BOM:513173: 0.69

Steel Strips Infrastructures Current Ratio Historical Data

The historical data trend for Steel Strips Infrastructures'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.

Steel Strips Infrastructures Current Ratio Chart

Steel Strips Infrastructures Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 1.26 0.98 0.81 0.69

Steel Strips Infrastructures Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.81 - 0.68 - 0.69

Competitive Comparison of Steel Strips Infrastructures's Current Ratio

For the Real Estate Services subindustry, Steel Strips Infrastructures'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.


Steel Strips Infrastructures's Current Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Steel Strips Infrastructures's Current Ratio distribution charts can be found below:

* The bar in red indicates where Steel Strips Infrastructures's Current Ratio falls into.


;
;

Steel Strips Infrastructures 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.

Steel Strips Infrastructures's Current Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Current Ratio (A: Mar. 2025 )=Total Current Assets (A: Mar. 2025 )/Total Current Liabilities (A: Mar. 2025 )
=106.078/153.125
=0.69

Steel Strips Infrastructures's Current Ratio for the quarter that ended in Mar. 2025 is calculated as

Current Ratio (Q: Mar. 2025 )=Total Current Assets (Q: Mar. 2025 )/Total Current Liabilities (Q: Mar. 2025 )
=106.078/153.125
=0.69

* 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.


Steel Strips Infrastructures  (BOM:513173) 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.


Steel Strips Infrastructures Current Ratio Related Terms

Thank you for viewing the detailed overview of Steel Strips Infrastructures's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Steel Strips Infrastructures Business Description

Traded in Other Exchanges
N/A
Address
Madhya Marg, Sector 26, SCO 49-50, Chandigarh, PB, IND, 160 019
Steel Strips Infrastructures Ltd is an India-based company engaged in the real estate business. It earns its revenues through Rental Income of commercial property, Hoarding and publicity receipts, Receipts from Parking Areas, Interest income, Profit on the sale of Land and miscellaneous income.

Steel Strips Infrastructures Headlines

No Headlines