CFEL.BO
Price:
$36.62
Market Cap:
$916.23M
Confidence Futuristic Energetech Ltd. engages in the sale and manufacture of composite cylinder. The company was founded on June 26, 1985 and is headquartered in Nagpur, India.
Industry
Manufacturing - Textiles
IPO Date
2024-12-30
Stock Exchange
BSE
Ticker
CFEL.BO
According to Confidence Futuristic Energete’s latest financial reports and current stock price. The company's current Current Ratio is 3.18. This represents a change of 150.08% compared to the average of 1.27 of the last 4 quarters.
The mean historical Current Ratio of Confidence Futuristic Energete over the last ten years is 1.83. The current 3.18 Current Ratio has changed 17.31% with respect to the historical average. Over the past ten years (40 quarters), CFEL.BO's Current Ratio was at its highest in in the September 2019 quarter at 3.41. The Current Ratio was at its lowest in in the June 2019 quarter at 0.
Average
1.83
Median
1.88
Minimum
0.33
Maximum
3.58
Discovering the peaks and valleys of Confidence Futuristic Energete 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 = 991.20%
Maximum Annual Current Ratio = 3.58
Minimum Annual Increase = -82.51%
Minimum Annual Current Ratio = 0.33
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 3.18 | 31.99% |
| 2024 | 2.41 | 4.05% |
| 2023 | 2.31 | 8.98% |
| 2022 | 2.12 | 30.09% |
| 2021 | 1.63 | 160.58% |
| 2020 | 0.63 | -82.51% |
| 2019 | 3.58 | 991.20% |
| 2018 | 0.33 | -71.83% |
| 2017 | 1.17 | 29.30% |
The current Current Ratio of Confidence Futuristic Energete (CFEL.BO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.63
5-year avg
2.33
10-year avg
1.83
Confidence Futuristic Energete’s Current Ratio is greater than Lakhotia Polyesters (India) Limited (0), greater than Shine Fashions (India) Limited (1.67), less than Surat Trade and Mercantile Lim (92.75), greater than Amarjothi Spinning Mills Limited (0), greater than Vippy Spinpro Limited (0), greater than Suryalata Spinning Mills Limited (0), greater than Bhudevi Infra Projects Ltd. (0.90), greater than Tilak Ventures Limited (0), greater than Addi Industries Limited (0), greater than Edvenswa Enterprises Limited (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $678.92M | |
| 1.67 | $969.42M | |
| 92.75 | $1.18B | |
| 0 | $972.34M | |
| 0 | $950.94M | |
| 0 | $1.37B | |
| 0.90 | $1.25B | |
| 0 | $1.31B | |
| 0 | $1.19B | |
| 0 | $996.26M |
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