Credent Global Finance Ltd.

Credent Global Finance Ltd.verified

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

The Current Ratio as of December 2025 (TTM) for Credent Global Finance Ltd. (CGFL.BO) is 13.39

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.

Credent Global Finance Ltd. (CGFL.BO) Historical Current Ratio (quarterly & annually)

How has CGFL.BO Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

26.98

Median

1.93

Minimum

0

Maximum

181.38

Credent Global Finance Ltd. (CGFL.BO) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
202547.77296.24%
202412.06-50.57%
202324.39Infinity%
20220-100.00%
2021181.38Infinity%
202000%
20190-100.00%
20180.36-89.43%
20173.41668.75%
20160.44-96.63%

Credent Global Finance Ltd. (CGFL.BO) Average Current Ratio

How has CGFL.BO Current Ratio performed in the past?

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. (CGFL.BO) Current Ratio vs. Peers

How is CGFL.BO’s Current Ratio compared to its peers?

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),

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