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Bharat Agri Fert & Realty (BOM:531862) Quick Ratio : 0.00 (As of Dec. 2023)


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What is Bharat Agri Fert & Realty 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. Bharat Agri Fert & Realty's quick ratio for the quarter that ended in Dec. 2023 was 0.00.

Bharat Agri Fert & Realty 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 Bharat Agri Fert & Realty's Quick Ratio or its related term are showing as below:

BOM:531862' s Quick Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.69   Max: 1.78
Current: 0.15

During the past 13 years, Bharat Agri Fert & Realty's highest Quick Ratio was 1.78. The lowest was 0.15. And the median was 0.69.

BOM:531862's Quick Ratio is ranked worse than
98.02% of 252 companies
in the Agriculture industry
Industry Median: 1.035 vs BOM:531862: 0.15

Bharat Agri Fert & Realty Quick Ratio Historical Data

The historical data trend for Bharat Agri Fert & Realty'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.

Bharat Agri Fert & Realty Quick Ratio Chart

Bharat Agri Fert & Realty 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 0.66 0.68 0.51 0.48 0.22

Bharat Agri Fert & Realty 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 - 0.22 - 0.15 -

Competitive Comparison of Bharat Agri Fert & Realty's Quick Ratio

For the Agricultural Inputs subindustry, Bharat Agri Fert & Realty'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.


Bharat Agri Fert & Realty's Quick Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Bharat Agri Fert & Realty's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Bharat Agri Fert & Realty's Quick Ratio falls into.



Bharat Agri Fert & Realty 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.

Bharat Agri Fert & Realty'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
=(436.866-369.426)/304.178
=0.22

Bharat Agri Fert & Realty'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.


Bharat Agri Fert & Realty  (BOM:531862) 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.


Bharat Agri Fert & Realty Quick Ratio Related Terms

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Bharat Agri Fert & Realty (BOM:531862) Business Description

Traded in Other Exchanges
N/A
Address
N. S. Phadke Marg, Near Gokale Bridge, 301, 3rd Floor, Hubtown Solaris, Near East West Flyover, Andheri (East), Mumbai, MH, IND, 400 069
Bharat Agri Fert & Realty Ltd is an Indian company which is engaged in the business of construction and development of residential and commercial complex and manufacture of fertilizers. The company's operating segments are Construction, Fertilizers, and Resort. It generates maximum revenue from the Fertilizers segment. Geographically, it operates only in India. Some of its fertilizer products include Sulphuric Acid; Single Super Phosphate; Granulated Single Super Phosphate; Sodium Cilico Fluoride; Ferric Alum Solid and others.

Bharat Agri Fert & Realty (BOM:531862) Headlines

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