Shah Alloys Fundamental Relationships

SHAHALLOYS -- India Stock  

INR 22.95  0.05  0.22%

The Drivers Module shows relationships between Shah Alloys's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Shah Alloys Limited over time as well as its relative position and ranking within its peers. Also please take a look at World Market Map

Shah Alloys Limited Current Asset vs. Current Ratio Fundamental Analysis

Shah Alloys Limited is rated below average in current ratio category among related companies. It is rated below average in current asset category among related companies fabricating about  3,944,444,444  of Current Asset per Current Ratio.
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.
Shah Alloys 
Current Ratio 
 = 
Current Asset 
Current Liabilities 
=
0.27 times
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).
Current Asset is all of company's assets that can be used to pay off current liabilities within current fiscal period or over next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Shah Alloys 
Current Asset 
 = 
Cash 
Deposits 
Liquid Assets 
=
1.06 B
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets, since these assets can be easily liquidated in case the company goes bankrupt. However it is usually not enough to know if a company is in a good shape just based on current asset alone; the amount of current liabilities should always be considered.

Shah Alloys Limited Current Asset Comparison

Shah Alloys is currently under evaluation in current asset category among related companies.
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