Quick Ratio Analysis of MIC Electronics Ltd. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPoint
Beta&Vols
Tech ChartsLatest FY Quick Ratio
Period Ending - Mar-26
Indecisive Quick Ratio
1.69
Period Ending - Mar-25
Good Quick Ratio
2.01
Growth
-16.29 %
Most recent Quarter Quick Ratio
Period Ending - Mar-26
Indecisive Quick Ratio
1.69
Quick Ratio Analysis of MIC Electronics Ltd.
| Quick Ratio of MIC Electronics Ltd. with value of 1.69 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-26. |
| Quick Ratio of MICEL has fallen by -16.29 % Compared to previous Financial Year. |
| Quick Ratio with value of 2.01 was highest in Year Mar-25 in last Five Years. |
| Quick Ratio with value of 0.781 was lowest in Year Mar-24 in last Five Years. |
| Latest Quick Ratio with value of 1.69 is Greater than Average Quick Ratio of 1.36 in last five years. |
Other Quick Ratio Related Info of MICEL that may interest you.
MIC Electronics Ltd. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MICEL | 43.00 | 42.45 | 1.30 % | Electronic Equipments |
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
| Good Stability | Screener |
FY - Historical Quick Ratio of MIC Electronics Ltd.
| Period | Mar-26 | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.69 | 2.01 | 0.781 | 0.781 | 1.54 | 0.250 | 0.0431 |
| Change | -16.29 % | 157.78 % | -0.0131 % | -49.26 % | 516.70 % | 479.45 % | -40.01 % |
| Price | 29.97 | 53.01 | 39.50 | 11.85 | 16.75 | 0 | 0 |
| Price Change | -43.46 % | 34.20 % | 233.33 % | -29.25 % |