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Nagreeka Capital & Infrastructure (NSE:NAGREEKCAP) Quick Ratio : 0.00 (As of Dec. 2024)


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What is Nagreeka Capital & 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. Nagreeka Capital & Infrastructure's quick ratio for the quarter that ended in Dec. 2024 was 0.00.

Nagreeka Capital & Infrastructure 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 Nagreeka Capital & Infrastructure's Quick Ratio or its related term are showing as below:

NSE:NAGREEKCAP' s Quick Ratio Range Over the Past 10 Years
Min: 0.03   Med: 1.07   Max: 434.54
Current: 1.66

During the past 13 years, Nagreeka Capital & Infrastructure's highest Quick Ratio was 434.54. The lowest was 0.03. And the median was 1.07.

NSE:NAGREEKCAP's Quick Ratio is ranked worse than
59.55% of 660 companies
in the Capital Markets industry
Industry Median: 2.18 vs NSE:NAGREEKCAP: 1.66

Nagreeka Capital & Infrastructure Quick Ratio Historical Data

The historical data trend for Nagreeka Capital & 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.

Nagreeka Capital & Infrastructure Quick Ratio Chart

Nagreeka Capital & 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 6.76 6.14 25.51 5.23 3.45

Nagreeka Capital & Infrastructure Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 3.45 - 1.66 -

Competitive Comparison of Nagreeka Capital & Infrastructure's Quick Ratio

For the Capital Markets subindustry, Nagreeka Capital & 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.


Nagreeka Capital & Infrastructure's Quick Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Nagreeka Capital & Infrastructure's Quick Ratio falls into.


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Nagreeka Capital & 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.

Nagreeka Capital & 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
=(756.339-426.315)/95.766
=3.45

Nagreeka Capital & Infrastructure's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 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.


Nagreeka Capital & Infrastructure  (NSE:NAGREEKCAP) 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.


Nagreeka Capital & Infrastructure Quick Ratio Related Terms

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Nagreeka Capital & Infrastructure Business Description

Traded in Other Exchanges
Address
3 Mathew Road, 21-22, 7 Kala Bhavan, Opera House, Mumbai, MH, IND, 400004
Nagreeka Capital & Infrastructure Ltd is an India-based company engaged in investing in shares, securities, and units of mutual funds. It has a business segment that is Investment. Its main business is the acquisition of shares, stock, bonds, etc. Sales of securities generate the majority of the revenue for the company. The firm has its operations present only in India.

Nagreeka Capital & Infrastructure Headlines

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