ASHOKALC.BO
Price:
$119.85
Market Cap:
$551.35M
Ashok Alco-Chem Ltd. engages in the business of manufacturing chemicals and trading minerals. It operates under the Sale of Product and Information Technology Services segments. The company was founded by Manilal H. Kadakia on November 18, 1992 and is headquartered in Mumbai, India.
Industry
Chemicals
IPO Date
Stock Exchange
BSE
Ticker
ASHOKALC.BO
According to Ashok Alco-Chem Limited’s latest financial reports and current stock price. The company's current Current Ratio is 3.16. This represents a change of 114.35% compared to the average of 1.47 of the last 4 quarters.
The mean historical Current Ratio of Ashok Alco-Chem Limited over the last ten years is 1.94. The current 3.16 Current Ratio has changed 16.14% with respect to the historical average. Over the past ten years (40 quarters), ASHOKALC.BO's Current Ratio was at its highest in in the March 2023 quarter at 3.16. The Current Ratio was at its lowest in in the December 2013 quarter at 0.
Average
1.94
Median
1.55
Minimum
1.03
Maximum
3.16
Discovering the peaks and valleys of Ashok Alco-Chem Limited 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 = 56.86%
Maximum Annual Current Ratio = 3.16
Minimum Annual Increase = -7.02%
Minimum Annual Current Ratio = 1.03
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 3.16 | 13.95% |
| 2022 | 2.77 | -7.02% |
| 2021 | 2.98 | 28.16% |
| 2020 | 2.33 | 56.86% |
| 2019 | 1.48 | -6.39% |
| 2018 | 1.58 | 3.92% |
| 2017 | 1.52 | 12.79% |
| 2016 | 1.35 | 8.97% |
| 2015 | 1.24 | 20.22% |
| 2014 | 1.03 | 6.96% |
The current Current Ratio of Ashok Alco-Chem Limited (ASHOKALC.BO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.97
5-year avg
2.54
10-year avg
1.94
Ashok Alco-Chem Limited’s Current Ratio is greater than Bheema Cements Ltd. (0.06), greater than Burnpur Cement Limited (0.00), greater than Binani Industries Limited (0.08), greater than Andhra Cements Limited (0.44), greater than Patspin India Limited (0.05), greater than S. E. Power Limited (2.49), greater than Uniply Industries Ltd (1.10), less than Mayukh Dealtrade Limited (8.74), greater than Vikas WSP Limited (0), less than JD Orgochem Limited (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.06 | $526.65M | |
| 0.00 | $568.42M | |
| 0.08 | $377.96M | |
| 0.44 | $456.15M | |
| 0.05 | $435.97M | |
| 2.49 | $706.61M | |
| 1.10 | $670.59M | |
| 8.74 | $432.00M | |
| 0 | $306.66M | |
| 0 | $215.84M |
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