Jainex Aamcol Fundamental Relationships

JAINEX -- India Stock  

INR 55.90  0.000002  0.00%

The Drivers Module shows relationships between Jainex Aamcol's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Jainex Aamcol Ltd over time as well as its relative position and ranking within its peers. Please also check Risk vs Return Analysis.

Jainex Aamcol Current Ratio vs. Cash and Equivalents Fundamental Analysis

Jainex Aamcol Ltd is rated below average in cash and equivalents category among related companies. It is rated below average in current ratio category among related companies . The ratio of Cash and Equivalents to Current Ratio for Jainex Aamcol Ltd is about  2,261,905 
Cash or Cash Equivalents are the most liquid of all assets found on company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Jainex Aamcol 
Cash 
 = 
Bank Deposits 
+  
Liquidities 
=
1.9M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually 3 months).
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Jainex Aamcol 
Current Ratio 
 = 
Current Asset 
Current Liabilities 
=
0.84X
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).

Jainex Aamcol Current Ratio Comparison

Jainex Aamcol is currently under evaluation in current ratio category among related companies.
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