Current Ratio Analysis of Dredging Corporation of India Ltd. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPoint
Beta&Vols
Tech ChartsLatest FY Current Ratio
Period Ending - Mar-25
Indecisive Current Ratio
1.01
Period Ending - Mar-24
Not Good Current Ratio
0.776
Growth
30.71 %
Most recent Quarter Current Ratio
Period Ending - Jun-25
Not Good Current Ratio
0.983
Current Ratio Analysis of Dredging Corporation of India Ltd.
| Current Ratio of Dredging Corporation of India Ltd. with value of 0.983 indicates the company has insufficient current assets to pay off short-term debt obligations in latest Quarter ending on Jun-25. |
| Current Ratio of DREDGECORP rose handsomely by 30.71 % this year. |
| Current Ratio with value of 1.18 was highest in Year Mar-21 in last Five Years. |
| Current Ratio with value of 0.776 was lowest in Year Mar-24 in last Five Years. |
| Latest Current Ratio with value of 1.01 is Greater than Average Current Ratio of 0.979 in last five years. |
Other Current Ratio Related Info of DREDGECORP that may interest you.
Dredging Corporation of India Ltd. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| DREDGECORP | 692.80 | 661.10 | 4.80 % | Transport Support Services |
Defination of Current Ratio
The Current Ratio is used to assess the short-term financial position of a company's concern. That means it indicates the company's ability to meet its short-term obligations that are due within one year. more ..
Current Ratio Related Ratios
| DebtToEquityRatio | CashRatio |
Tsr Stability Index
| Low Stability Stock | Screener |
FY - Historical Current Ratio of Dredging Corporation of India Ltd.
| Period | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 1.01 | 0.776 | 0.990 | 0.939 | 1.18 | 1.72 | 2.08 |
| Change | 30.71 % | -21.59 % | 5.46 % | -20.27 % | -31.46 % | -17.52 % | 10.56 % |
| Price | 546.20 | 679.60 | 283.00 | 314.40 | 370.75 | 145.45 | 425.95 |
| Price Change | -19.63 % | 140.14 % | -9.99 % | -15.20 % | 154.90 % | -65.85 % | -26.74 % |