Mishka Finance & Trading (BOM:512191) Quick Ratio: 0.00 (As of Jun. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Mishka Finance & Trading Quick Ratio?

Mishka Finance & Trading BOM:512191 Quick Ratio is 0.00 as of Jun. 2018.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Mishka Finance & Trading's quick ratio for the quarter that ended in Jun. 2018 was 0.00.

Mishka Finance & Trading has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Mishka Finance & Trading's Quick Ratio or its related term are showing as below:

BOM:512191's Quick Ratio is not ranked *
in the Capital Markets industry.
Industry Median: 2.08
* Ranked among companies with meaningful Quick Ratio only.

Mishka Finance & Trading  (BOM:512191) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Mishka Finance & Trading Quick Ratio Related Terms


Mishka Finance & Trading Quick Ratio Historical Data

* Premium members only.

The historical data trend for Mishka Finance & Trading's Quick 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.

Mishka Finance & Trading Quick Ratio Chart

Mishka Finance & Trading Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.31 4.00 116.95 63.16 49.34

Mishka Finance & Trading Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
Quick 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 0.00 33.73 0.00 49.34 0.00

BOM:512191 vs MNTR: Quick Ratio Comparison

For the Capital Markets subindustry, Mishka Finance & Trading's Quick Ratio, along with its competitors' market caps and Quick 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.


Mishka Finance & Trading Quick Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mishka Finance & Trading's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Mishka Finance & Trading's Quick Ratio falls into.



Mishka Finance & Trading Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Mishka Finance & Trading's Quick Ratio for the fiscal year that ended in Mar. 2018 is calculated as

Quick Ratio (A: Mar. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(99.279-0)/2.012
=49.34

Mishka Finance & Trading's Quick Ratio for the quarter that ended in Jun. 2018 is calculated as

Quick Ratio (Q: Jun. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.00 mean?
Mishka Finance & Trading (BOM:512191) has a Quick Ratio of 0.00 as of Jun. 2018. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mishka Finance & Trading and its competitors.
Is Mishka Finance & Trading's Quick Ratio too high?
Mishka Finance & Trading's current Quick Ratio is 0.00.
How does Mishka Finance & Trading's Quick Ratio compare to MNTR?
Mishka Finance & Trading's Quick Ratio of 0.00 can be compared against companies in the Capital Markets industry. The industry median Quick Ratio is 2.08. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Capital Markets company?
The median Quick Ratio among Capital Markets companies is 2.08, based on 692 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mishka Finance & Trading and its competitors. For the Capital Markets industry, the median Quick Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mishka Finance & Trading's current Quick 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 Mishka Finance & Trading stock overvalued right now?
Mishka Finance & Trading (BOM:512191) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Mishka Finance & Trading (BOM:512191), the current Quick Ratio is 0.00 as of Jun. 2018. 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.

Mishka Finance & Trading Business Description

Address S.M. Road, Ghartanpada Number 02, Office Number 6, Ground Floor, Bhagyashree Apartments, Dahisar East, Mumbai, Maharastra, IND, 400068
Mishka Finance & Trading Ltd is an India based company engaged in the business of trading. The company is focused on wholesale of textiles and fabrics and trading of shares and securities. It deals in the business of export, import, retailers, buyers, sellers brokers, buying agents, packers, re-packers, commission agents and traders activities. The company carries its business primarily in India.