RAYMOND Revenue vs. Current Ratio

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RAYMOND LTD Current Ratio vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining RAYMOND's current stock value. Our valuation model uses many indicators to compare RAYMOND value to that of its competitors to determine the firm's financial worth.
RAYMOND LTD is currently regarded number one company in revenue category among related companies. It is currently regarded as top stock in current ratio category among related companies . The ratio of Revenue to Current Ratio for RAYMOND LTD is about  67,855,670,102 
RAYMOND LTD is currently regarded number one company in revenue category among related companies. Market size based on revenue of Textile Manufacturing industry is at this time estimated at about 131.64 Billion. RAYMOND totals roughly 65.82 Billion in revenue claiming about 50% of equities listed under Textile Manufacturing industry.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and is an essential item when evaluating financial statements of a company. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
RAYMOND 
Revenue 
 = 
Money Received 
Discounts and Returns 
=
65.82 B
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can includes product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
RAYMOND 
Current Ratio 
 = 
Current Asset 
Current Liabilities 
=
0.97 X
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 the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

RAYMOND Current Ratio Comparison

RAYMOND Fundamental Comparison

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