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Arham Technologies (NSE:SMARHAM) Cash Ratio : 0.09 (As of Mar. 2023)


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What is Arham Technologies Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Arham Technologies's Cash Ratio for the quarter that ended in Mar. 2023 was 0.09.

Arham Technologies has a Cash Ratio of 0.09. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Arham Technologies's Cash Ratio or its related term are showing as below:

NSE:SMARHAM' s Cash Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.04   Max: 0.09
Current: 0.09

During the past 4 years, Arham Technologies's highest Cash Ratio was 0.09. The lowest was 0.02. And the median was 0.04.

NSE:SMARHAM's Cash Ratio is ranked worse than
92.29% of 2464 companies
in the Hardware industry
Industry Median: 0.655 vs NSE:SMARHAM: 0.09

Arham Technologies Cash Ratio Historical Data

The historical data trend for Arham Technologies's Cash Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Arham Technologies Cash Ratio Chart

Arham Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Cash Ratio
0.05 0.02 0.02 0.09

Arham Technologies Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23
Cash Ratio 0.05 0.02 0.02 0.07 0.09

Competitive Comparison of Arham Technologies's Cash Ratio

For the Consumer Electronics subindustry, Arham Technologies's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Arham Technologies's Cash Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Arham Technologies's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Arham Technologies's Cash Ratio falls into.



Arham Technologies Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Arham Technologies's Cash Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Cash Ratio (A: Mar. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=8.789/94.04
=0.09

Arham Technologies's Cash Ratio for the quarter that ended in Mar. 2023 is calculated as:

Cash Ratio (Q: Mar. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=8.789/94.04
=0.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Arham Technologies  (NSE:SMARHAM) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Arham Technologies Cash Ratio Related Terms

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Arham Technologies (NSE:SMARHAM) Business Description

Traded in Other Exchanges
N/A
Address
5 Chitrakoot Complex, Opp Vyavsayik Sahkari Bank, Jawahar Nagar, Raipur, CT, IND, 492001
Arham Technologies Ltd is engaged in the manufacturing of LED Smart Televisions. The company manufactures LED Televisions with different screen sizes under the brand STARSHINE. It's business segment is Manufacturing of Consumer Electronics & Appliances and principal geographical segment is India. The company also manufactures Fans, Air Coolers, and Mixer Grinders through third-party manufacturers.

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