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Kalpataru Projects International (NSE:KPIL) Quick Ratio : 1.13 (As of Sep. 2024)


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What is Kalpataru Projects International 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. Kalpataru Projects International's quick ratio for the quarter that ended in Sep. 2024 was 1.13.

Kalpataru Projects International has a quick ratio of 1.13. It generally indicates good short-term financial strength.

The historical rank and industry rank for Kalpataru Projects International's Quick Ratio or its related term are showing as below:

NSE:KPIL' s Quick Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.16   Max: 1.24
Current: 1.13

During the past 13 years, Kalpataru Projects International's highest Quick Ratio was 1.24. The lowest was 1.06. And the median was 1.16.

NSE:KPIL's Quick Ratio is ranked worse than
60.23% of 1735 companies
in the Construction industry
Industry Median: 1.29 vs NSE:KPIL: 1.13

Kalpataru Projects International Quick Ratio Historical Data

The historical data trend for Kalpataru Projects International'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.

Kalpataru Projects International Quick Ratio Chart

Kalpataru Projects International 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 1.16 1.23 1.24 1.15 1.14

Kalpataru Projects International 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 1.14 - 1.14 - 1.13

Competitive Comparison of Kalpataru Projects International's Quick Ratio

For the Engineering & Construction subindustry, Kalpataru Projects International'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.


Kalpataru Projects International's Quick Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kalpataru Projects International's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Kalpataru Projects International's Quick Ratio falls into.



Kalpataru Projects International 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.

Kalpataru Projects International'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
=(182789.3-13533.6)/147876.3
=1.14

Kalpataru Projects International'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
=(195152.5-15450.5)/158848.4
=1.13

* 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.


Kalpataru Projects International  (NSE:KPIL) 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.


Kalpataru Projects International Quick Ratio Related Terms

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Kalpataru Projects International Business Description

Traded in Other Exchanges
Address
Kalpataru Synergy, 7th Floor, Opposite Grand Hyatt Hotel, Vakola, Santa Cruz (East), Mumbai, MH, IND, 400055
Kalpataru Projects International Ltd is a construction company headquartered in India, with activities in the power transmission and infrastructure space. Kalpataru is organized into two operating units: Engineering, Procurement and Construction, or EPC, and Developmental Project businesses. In its EPC business, Kalpataru undertakes infrastructure projects such as power transmission and distribution, civil construction, and oil and gas pipeline placement. The EPC operating unit generates most of the company's revenue. The firm's developmental project business consists of developing, operating, and maintaining infrastructure projects.

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