Current Ratio Analysis of Prince Pipes & Fittings Ltd. - Deep Dive
Latest FY Current Ratio
Period Ending - Mar-25
Good Current Ratio
2.12
Period Ending - Mar-24
Good Current Ratio
2.43
Growth
-12.79 %
Most recent Quarter Current Ratio
Period Ending - Jun-25
Good Current Ratio
2.12
Current Ratio Analysis of Prince Pipes & Fittings Ltd.
Current Ratio of PRINCEPIPE has fallen by -12.79 % Compared to previous Financial Year. |
Current Ratio with value of 2.45 was highest in Year Mar-23 in last Five Years. |
Current Ratio with value of 1.89 was lowest in Year Mar-21 in last Five Years. |
Latest Current Ratio with value of 2.12 is lower than Average Current Ratio of 2.15 in last five years. |
Other Current Ratio Related Info of PRINCEPIPE that may interest you.
Prince Pipes & Fittings Ltd. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
PRINCEPIPE | 327.20 | 330.80 | 1.09 % | Plastic tubes & pipes |
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
Good Stability | Screener |
FY - Historical Current Ratio of Prince Pipes & Fittings Ltd.
Period | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 |
---|---|---|---|---|---|---|---|
Current Ratio | 2.12 | 2.43 | 2.45 | 1.89 | 1.89 | 1.72 | 1.09 |
Change | -12.79 % | -0.761 % | 29.44 % | 0.079 % | 9.83 % | 58.01 % | -4.87 % |
Price | 245.25 | 549.25 | 542.50 | 634.25 | 417.45 | 102.65 | 0 |
Price Change | -55.35 % | 1.24 % | -14.47 % | 51.93 % | 306.67 % |