Manaksia Current Ratio

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).

In accordance with recently published financial statements Manaksia Limited has Current Ratio of 1.65 times. This is 86.51% lower than that of Conglomerates sector, and 86.51% lower than that of Conglomerates industry, The Current Ratio for all stocks is 32.38% higher than the company.