Quick Ratio Analysis of NIIT Ltd. - Deep Dive
Latest FY Quick Ratio
Period Ending - Mar-25
Excellent Quick Ratio
7.82
Period Ending - Mar-24
Excellent Quick Ratio
7.15
Growth
9.43 %
Most recent Quarter Quick Ratio
Period Ending - Mar-25
Excellent Quick Ratio
7.82
Quick Ratio Analysis of NIIT Ltd.
Quick Ratio of NIIT Ltd. with value of 7.82 indicates company has liquid assets to pay its obligations. |
Quick Ratio of NIIT Ltd. with value of 7.82 indicates company has liquid assets to pay its obligations in latest Quarter ending on Mar-25. |
Quick Ratio of NIITLTD has grown by 9.43 % Compared to previous Financial Year. |
Quick Ratio of NIITLTD trending up for at least three Years. |
Quick Ratio with value of 2.94 was lowest in Year Mar-22 in last Five Years. |
Latest Quick Ratio with value of 7.82 is Greater than Average Quick Ratio of 5.56 in last five years. |
Other Quick Ratio Related Info of NIITLTD that may interest you.
NIIT Ltd. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
NIITLTD | 121.66 | 123.94 | 1.84 % | Computer Software |
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
Excellent Stability | Screener |
FY - Historical Quick Ratio of NIIT Ltd.
Period | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 |
---|---|---|---|---|---|---|---|
Quick Ratio | 7.82 | 7.15 | 6.20 | 2.94 | 3.70 | 3.65 | 2.77 |
Change | 9.43 % | 15.28 % | 111.13 % | -20.65 % | 1.23 % | 32.18 % | 193.60 % |
Price | 122.74 | 105.60 | 326.35 | 621.70 | 137.90 | 82.20 | 90.40 |
Price Change | 16.23 % | -67.64 % | -47.51 % | 350.83 % | 67.76 % | -9.07 % | -9.37 % |