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Kalyan Capitals (BOM:538778) Quick Ratio : 0.00 (As of Dec. 2023)


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What is Kalyan Capitals Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Kalyan Capitals's quick ratio for the quarter that ended in Dec. 2023 was 0.00.

Kalyan Capitals has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Kalyan Capitals's Quick Ratio or its related term are showing as below:

BOM:538778' s Quick Ratio Range Over the Past 10 Years
Min: 1.4   Med: 42.3   Max: 729.36
Current: 729.36

During the past 10 years, Kalyan Capitals's highest Quick Ratio was 729.36. The lowest was 1.40. And the median was 42.30.

BOM:538778's Quick Ratio is ranked better than
97.45% of 667 companies
in the Capital Markets industry
Industry Median: 2.04 vs BOM:538778: 729.36

Kalyan Capitals Quick Ratio Historical Data

The historical data trend for Kalyan Capitals's Quick 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.

Kalyan Capitals Quick Ratio Chart

Kalyan Capitals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.71 9.97 8.68 7.66 1.40

Kalyan Capitals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.40 - 729.36 -

Competitive Comparison of Kalyan Capitals's Quick Ratio

For the Capital Markets subindustry, Kalyan Capitals's Quick Ratio, along with its competitors' market caps and Quick 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.


Kalyan Capitals's Quick Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Kalyan Capitals's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Kalyan Capitals's Quick Ratio falls into.



Kalyan Capitals Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Kalyan Capitals's Quick Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Quick Ratio (A: Mar. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1364.931-0)/973.976
=1.40

Kalyan Capitals's Quick Ratio for the quarter that ended in Dec. 2023 is calculated as

Quick Ratio (Q: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/0
=

* 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.


Kalyan Capitals  (BOM:538778) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Kalyan Capitals Quick Ratio Related Terms

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Kalyan Capitals (BOM:538778) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Area Ghaziabad, 3rd Floor, 56-33, Site IV, Delhi, IND, 201010
Kalyan Capitals Ltd formerly Akashdeep Metal Industries Ltd is an India based non-banking finance company. It operates in the business segment of loans and Advances and all related services in all areas of information technology. It is involved in buying, investing, acquiring, holding shares, stocks, debentures, debentures-stock, bonds, mutual fund, obligations and securities issued or guaranteed by any company constituted or carrying on business in India. The company also offers loans and advances to industrial enterprises, corporations, and individuals.

Kalyan Capitals (BOM:538778) Headlines

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