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Quick Ratio Analysis of Dredging Corporation of India Ltd. - Deep Dive
Latest FY Quick Ratio
Period Ending - Mar-25
Not Good Quick Ratio
0.826
Period Ending - Mar-24
Not Good Quick Ratio
0.630
Growth
31.06 %
Most recent Quarter Quick Ratio
Period Ending - Jun-25
Not Good Quick Ratio
0.800
Quick Ratio Analysis of Dredging Corporation of India Ltd.
Quick Ratio of Dredging Corporation of India Ltd. with value of 0.800 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Jun-25. |
Quick Ratio of DREDGECORP rose handsomely by 31.06 % this year. |
Quick Ratio with value of 0.863 was highest in Year Mar-21 in last Five Years. |
Quick Ratio with value of 0.630 was lowest in Year Mar-24 in last Five Years. |
Latest Quick Ratio with value of 0.826 is Greater than Average Quick Ratio of 0.772 in last five years. |
Other Quick 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 Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
Low Stability Stock | Screener |
FY - Historical Quick Ratio of Dredging Corporation of India Ltd.
Period | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 |
---|---|---|---|---|---|---|---|
Quick Ratio | 0.826 | 0.630 | 0.814 | 0.728 | 0.863 | 1.27 | 1.55 |
Change | 31.06 % | -22.56 % | 11.72 % | -15.59 % | -32.26 % | -17.77 % | 9.08 % |
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 % |