5paisa Capital has a Cash Ratio of 19.12. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for 5paisa Capital's Cash Ratio or its related term are showing as below:
BOM:540776'
s Cash Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.37 Max: 19.12
Current: 19.12
During the past 11 years, 5paisa Capital's highest Cash Ratio was 19.12. The lowest was 0.12. And the median was 0.37.
BOM:540776's Cash Ratio is ranked better than 89.94% of 656
companies
in the Capital Markets industry
Industry Median: 0.91
vs BOM:540776: 19.12
5paisa Capital Cash Ratio Historical Data
The historical data trend for 5paisa Capital'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.
Competitive Comparison of 5paisa Capital's Cash Ratio
For the Capital Markets subindustry, 5paisa Capital'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.
5paisa Capital's Cash Ratio Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, 5paisa Capital's Cash Ratio distribution charts can be found below:
* The bar in red indicates where 5paisa Capital's Cash Ratio falls into.
5paisa Capital Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
5paisa Capital's Cash Ratio for the fiscal year that ended in Mar. 2024 is calculated as:
* 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.
5paisa Capital (BOM:540776) 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.
5paisa Capital Cash Ratio Related Terms
Thank you for viewing the detailed overview of 5paisa Capital's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
5paisa Capital Ltd is an online financial services provider. The company provides a wide range of financial services to its customers including stock broking services, depository services, distribution of mutual funds, bonds and debentures, equity and mutual fund research through its technology-based platforms. Its business is to provide broking services, to its clients, in the capital markets in India. The company has launched peer-to-peer lending (P2P) via its website 5paisaloans.com and mobile app 5Paisa Loans. P2P is aimed at offering investors yet another investment option to diversify their portfolio and secure higher returns.
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