CGFL.BO
Price:
$31.06
Market Cap:
$1.60B
Credent Global Finance Ltd. provides financial services. The firm's services include lending of money to individuals and Small and Medium Sized Enterprises, with or without security, dealing in securities/shares of Companies, bonds and units investment in stock markets. The company was founded on February 2, 1991 and is headquartered in Mumbai, India.
Industry
Investment - Banking & Investment Services
IPO Date
Stock Exchange
BSE
Ticker
CGFL.BO
According to Credent Global Finance Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 13.39. This represents a change of -12.41% compared to the average of 15.29 of the last 4 quarters.
The mean historical Current Ratio of Credent Global Finance Ltd. over the last ten years is 26.98. The current 13.39 Current Ratio has changed 4.86% with respect to the historical average. Over the past ten years (40 quarters), CGFL.BO's Current Ratio was at its highest in in the March 2021 quarter at 181.38. The Current Ratio was at its lowest in in the December 2015 quarter at 0.
Average
26.98
Median
1.93
Minimum
0
Maximum
181.38
Discovering the peaks and valleys of Credent Global Finance 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 = 0%
Maximum Annual Current Ratio = 181.38
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 47.77 | 296.24% |
| 2024 | 12.06 | -50.57% |
| 2023 | 24.39 | Infinity% |
| 2022 | 0 | -100.00% |
| 2021 | 181.38 | Infinity% |
| 2020 | 0 | 0% |
| 2019 | 0 | -100.00% |
| 2018 | 0.36 | -89.43% |
| 2017 | 3.41 | 668.75% |
| 2016 | 0.44 | -96.63% |
The current Current Ratio of Credent Global Finance Ltd. (CGFL.BO) 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
28.07
5-year avg
53.12
10-year avg
26.98
Credent Global Finance Ltd.’s Current Ratio is less than PMC Fincorp Limited (662.54), greater than Sunshine Capital Limited (0), greater than LKP Securities Limited (2.02), greater than Tamboli Industries Ltd. (3.89), greater than Aarnav Fashions Ltd. (0), less than Inventure Growth & Securities Limited (231.34), greater than Jhaveri Credits and Capital Limited (0), less than Inventure Growth & Securities Limited (231.34), greater than Dharni Capital Services Ltd. (0), greater than Munoth Capital Market Limited (0.17),
| Company | Current Ratio | Market cap |
|---|---|---|
| 662.54 | $1.46B | |
| 0 | $1.36B | |
| 2.02 | $1.27B | |
| 3.89 | $1.47B | |
| 0 | $1.36B | |
| 231.34 | $1.25B | |
| 0 | $1.81B | |
| 231.34 | $1.24B | |
| 0 | $1.20B | |
| 0.17 | $1.37B |
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