El Badr Investment and Development has a current ratio of 0.00. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If El Badr Investment and Development has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
CAI:BIDI's Current Ratio is not ranked *
in the Packaging & Containers industry.
Industry Median: 1.81 * Ranked among companies with meaningful Current Ratio only.
El Badr Investment and Development Current Ratio Historical Data
* 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.
El Badr Investment and Development Current Ratio Chart
El Badr Investment and Development Annual Data
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El Badr Investment and Development Quarterly Data
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Competitive Comparison of El Badr Investment and Development's Current Ratio
For the Packaging & Containers subindustry, El Badr Investment and Development's Current Ratio, along with its competitors' market caps and Current 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.
El Badr Investment and Development's Current Ratio Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, El Badr Investment and Development's Current Ratio distribution charts can be found below:
* The bar in red indicates where El Badr Investment and Development's Current Ratio falls into.
El Badr Investment and Development Current Ratio Calculation
The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.
* 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.
El Badr Investment and Development (CAI:BIDI) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
El Badr Investment and Development Current Ratio Related Terms
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El Badr Investment and Development (CAI:BIDI) Business Description
El Badr Investment and Development is an Egypt-based company engaged in providing plastic packaging solutions. It offers plastic packaging items for bottles, closures, and other specialty items, engraved or printed. It provides products and services within the injection molding and extrusion blow molding fields. Its entity offers Pharmaceutical packaging products like pilfer-proof caps, child-proof caps, and Food and beverage packaging products.
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