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BCPL Railway Infrastructure (BOM:542057) Quick Ratio : 0.90 (As of Sep. 2024)


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What is BCPL Railway Infrastructure 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. BCPL Railway Infrastructure's quick ratio for the quarter that ended in Sep. 2024 was 0.90.

BCPL Railway Infrastructure has a quick ratio of 0.90. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for BCPL Railway Infrastructure's Quick Ratio or its related term are showing as below:

BOM:542057' s Quick Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.86   Max: 5.43
Current: 0.9

During the past 11 years, BCPL Railway Infrastructure's highest Quick Ratio was 5.43. The lowest was 0.90. And the median was 1.86.

BOM:542057's Quick Ratio is ranked worse than
75.52% of 1740 companies
in the Construction industry
Industry Median: 1.29 vs BOM:542057: 0.90

BCPL Railway Infrastructure Quick Ratio Historical Data

The historical data trend for BCPL Railway Infrastructure'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.

BCPL Railway Infrastructure Quick Ratio Chart

BCPL Railway Infrastructure 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 1.84 3.47 1.42 1.43 1.19

BCPL Railway Infrastructure Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.66 - 1.19 - 0.90

Competitive Comparison of BCPL Railway Infrastructure's Quick Ratio

For the Infrastructure Operations subindustry, BCPL Railway Infrastructure'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.


BCPL Railway Infrastructure's Quick Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, BCPL Railway Infrastructure's Quick Ratio distribution charts can be found below:

* The bar in red indicates where BCPL Railway Infrastructure's Quick Ratio falls into.



BCPL Railway Infrastructure 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.

BCPL Railway Infrastructure'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
=(895.167-450.365)/372.972
=1.19

BCPL Railway Infrastructure's Quick Ratio for the quarter that ended in Sep. 2024 is calculated as

Quick Ratio (Q: Sep. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(900.257-501.933)/445.029
=0.90

* 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.


BCPL Railway Infrastructure  (BOM:542057) 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.


BCPL Railway Infrastructure Quick Ratio Related Terms

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BCPL Railway Infrastructure Business Description

Traded in Other Exchanges
N/A
Address
112, Raja Ram Mohan Roy Sarani, Ground Floor, Kolkata, WB, IND, 700 009
BCPL Railway Infrastructure Ltd is engaged in the field of Railway Infrastructure development, involving design, drawing, supply, erection, and commissioning of single-phase traction overhead equipment. The company is engaged in Engineering, Procurement, and Construction business (EPC) relating to Railway Overhead Electrification projects and systems and related activities for power transmission, distribution. Its segment includes Railway Overhead Electrification and Merchant Exports. The company generates maximum revenue from the Railway Overhead Electrification segment.

BCPL Railway Infrastructure Headlines

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