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PVP Ventures (BOM:517556) Quick Ratio : 0.00 (As of Jun. 2024)


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What is PVP Ventures Quick Ratio?

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. PVP Ventures's quick ratio for the quarter that ended in Jun. 2024 was 0.00.

PVP Ventures 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 PVP Ventures's Quick Ratio or its related term are showing as below:

BOM:517556' s Quick Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.17   Max: 3.51
Current: 0.17

During the past 13 years, PVP Ventures's highest Quick Ratio was 3.51. The lowest was 0.07. And the median was 0.17.

BOM:517556's Quick Ratio is ranked worse than
97.98% of 545 companies
in the Conglomerates industry
Industry Median: 1.16 vs BOM:517556: 0.17

PVP Ventures Quick Ratio Historical Data

The historical data trend for PVP Ventures'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.

* Premium members only.

PVP Ventures Quick Ratio Chart

PVP Ventures Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.14 0.07 0.09 0.17

PVP Ventures Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 3.51 - 0.17 -

Competitive Comparison of PVP Ventures's Quick Ratio

For the Conglomerates subindustry, PVP Ventures'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.


PVP Ventures's Quick Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, PVP Ventures's Quick Ratio distribution charts can be found below:

* The bar in red indicates where PVP Ventures's Quick Ratio falls into.



PVP Ventures 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.

PVP Ventures's Quick Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Quick Ratio (A: Mar. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(631.501-515.086)/670.46
=0.17

PVP Ventures's Quick Ratio for the quarter that ended in Jun. 2024 is calculated as

Quick Ratio (Q: Jun. 2024 )=(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.


PVP Ventures  (BOM:517556) 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.


PVP Ventures Quick Ratio Related Terms

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PVP Ventures Business Description

Traded in Other Exchanges
Address
Plot No. 83 and 84, Road No. 02, 4th Floor, Punnaiah Plaza, Banjara Hills, Hyderabad, TG, IND, 500 034
PVP Ventures Ltd is a company engaged in Real Estate or Urban Infrastructure, Health Care Services, Media Production, and Movie Financing related activities. Geographically, the group principally operates in India. The group has real estate properties located in the Indian cities of Chennai and Hyderabad.

PVP Ventures Headlines

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