ANKITMETAL.NS
Price:
$1.74
Market Cap:
$245.49M
Ankit Metal & Power Limited manufactures and sells iron and steel products in India. The company offers iron ore pillets, sponge iron, M.S. billets, TMT bars, pig iron, and ferro silicon. It serves real estate developers, construction units, forging units, wire drawing units, railways, and engineering industries. The company was incorporated in 2002 and is based in Kolkata, India.
Industry
Steel
IPO Date
2013-03-14
Stock Exchange
NSE
Ticker
ANKITMETAL.NS
According to Ankit Metal & Power Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.35. This represents a change of 105.86% compared to the average of 0.17 of the last 4 quarters.
The mean historical Current Ratio of Ankit Metal & Power Ltd. over the last ten years is 0.68. The current 0.35 Current Ratio has changed 5.06% with respect to the historical average. Over the past ten years (40 quarters), ANKITMETAL.NS's Current Ratio was at its highest in in the March 2015 quarter at 1.36. The Current Ratio was at its lowest in in the June 2014 quarter at 0.
Average
0.68
Median
0.56
Minimum
0.35
Maximum
1.36
Discovering the peaks and valleys of Ankit Metal & Power Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 38.54%
Maximum Annual Current Ratio = 1.36
Minimum Annual Increase = -27.00%
Minimum Annual Current Ratio = 0.35
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 0.35 | -7.26% |
| 2022 | 0.38 | -6.26% |
| 2021 | 0.40 | -8.22% |
| 2020 | 0.44 | -17.26% |
| 2019 | 0.53 | -10.83% |
| 2018 | 0.59 | -19.21% |
| 2017 | 0.73 | -27.00% |
| 2016 | 1.00 | -25.96% |
| 2015 | 1.36 | 38.54% |
| 2014 | 0.98 | -18.25% |
The current Current Ratio of Ankit Metal & Power Ltd. (ANKITMETAL.NS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.38
5-year avg
0.42
10-year avg
0.68
Ankit Metal & Power Ltd.’s Current Ratio is greater than Bloom Industries Limited (0), greater than National General Industries Limited (0), less than Umiya Tubes Limited (9.26), greater than Modern Steels Limited (0), greater than Lesha Industries Limited (0), greater than Supreme Engineering Limited (0.12), greater than Grand Foundry Limited (0), greater than Rishabh Digha Steel And Allied Products Limited (0), greater than Ashirwad Steels & Industries Limited (0), greater than Ashnisha Industries Limited (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $225.83M | |
| 0 | $233.27M | |
| 9.26 | $283.59M | |
| 0 | $221.44M | |
| 0 | $281.67M | |
| 0.12 | $279.94M | |
| 0 | $326.21M | |
| 0 | $205.69M | |
| 0 | $370.38M | |
| 0 | $316.36M |
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