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Gyan Developers & Builders (BOM:530141) Quick Ratio : 0.00 (As of Dec. 2023)


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What is Gyan Developers & Builders 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. Gyan Developers & Builders's quick ratio for the quarter that ended in Dec. 2023 was 0.00.

Gyan Developers & Builders 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 Gyan Developers & Builders's Quick Ratio or its related term are showing as below:

BOM:530141' s Quick Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.94   Max: 25.37
Current: 3.94

During the past 13 years, Gyan Developers & Builders's highest Quick Ratio was 25.37. The lowest was 0.67. And the median was 1.94.

BOM:530141's Quick Ratio is ranked better than
88.69% of 1822 companies
in the Real Estate industry
Industry Median: 0.81 vs BOM:530141: 3.94

Gyan Developers & Builders Quick Ratio Historical Data

The historical data trend for Gyan Developers & Builders'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.

Gyan Developers & Builders Quick Ratio Chart

Gyan Developers & Builders Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.24 2.44 1.95 1.87 1.69

Gyan Developers & Builders Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 1.69 - 3.94 -

Competitive Comparison of Gyan Developers & Builders's Quick Ratio

For the Real Estate Services subindustry, Gyan Developers & Builders'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.


Gyan Developers & Builders's Quick Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Gyan Developers & Builders's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Gyan Developers & Builders's Quick Ratio falls into.



Gyan Developers & Builders 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.

Gyan Developers & Builders's Quick Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Quick Ratio (A: Mar. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(35.423-26.603)/5.234
=1.69

Gyan Developers & Builders's Quick Ratio for the quarter that ended in Dec. 2023 is calculated as

Quick Ratio (Q: Dec. 2023 )=(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.


Gyan Developers & Builders  (BOM:530141) 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.


Gyan Developers & Builders Quick Ratio Related Terms

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Gyan Developers & Builders (BOM:530141) Business Description

Traded in Other Exchanges
N/A
Address
Hanumantha Rao Street, North Usman Road, Gyan Kiran, Door No.6, T-Nagar, Chennai, TN, IND, 600017
Gyan Developers & Builders Ltd is engaged in real estate business activities. It operates in a single segment that is buying and selling vacant land. The company generates revenue in the form of an increase in land development cost, service charges & sale of land.

Gyan Developers & Builders (BOM:530141) Headlines

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