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Current Ratio Analysis of Sanco Industries Ltd. - Deep Dive
Latest FY Current Ratio
Period Ending - Mar-23
Poor Current Ratio
0.0421
Period Ending - Mar-22
Poor Current Ratio
0.444
Growth
-90.52 %
Most recent Quarter Current Ratio
Period Ending - Jun-23
Poor Current Ratio
0
Current Ratio Analysis of Sanco Industries Ltd.
Current Ratio of Sanco Industries Ltd. with value of 0.0421 indicates the company has insufficient current assets to pay off short-term debt obligations. |
Current Ratio of Sanco Industries Ltd. with value of 0 indicates the company has insufficient current assets to pay off short-term debt obligations in latest Quarter ending on Jun-23. |
Current Ratio of SANCO drastically fell by -90.52 % this year. |
Current Ratio with value of 1.34 was highest in Year Mar-19 in last Five Years. |
Current Ratio of SANCO trending down for at least three Years. |
Latest Current Ratio with value of 0.0421 is lower than Average Current Ratio of 0.793 in last five years. |
Other Current Ratio Related Info of SANCO that may interest you.
Sanco Industries Ltd. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
SANCO | 2.63 | 2.51 | 4.78 % | Other Plastic Products |
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
Very Low Stability Stock | Screener |
FY - Historical Current Ratio of Sanco Industries Ltd.
Period | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 |
---|---|---|---|---|---|---|---|
Current Ratio | 0.0421 | 0.444 | 0.844 | 1.30 | 1.34 | 1.28 | 1.36 |
Change | -90.52 % | -47.43 % | -34.85 % | -3.45 % | 4.46 % | -5.50 % | 12.67 % |
Price | 7.60 | 9.75 | 7.60 | 6.95 | 15.35 | 30.85 | 108.15 |
Price Change | -22.05 % | 28.29 % | 9.35 % | -54.72 % | -50.24 % | -71.47 % | 332.60 % |