EASTRED.BO
Price:
$31.91
Market Cap:
$166.98M
Eastern Treads Ltd. engages in the business of manufacturing and dealing of tread rubber, rubber based adhesives, tyre retreading accessories and retreading services. Its products include precured tread rubber, hot rubber slab and camel back treads, bonding gum, radial patches and tyre patches, and black volcanizing cement. The company was founded by M. E. Meeran on July 2, 1993 and is headquartered in Ernakulam, India.
Industry
Personal Products & Services
IPO Date
Stock Exchange
BSE
Ticker
EASTRED.BO
According to Eastern Treads Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.54. This represents a change of 98.25% compared to the average of 0.27 of the last 4 quarters.
The mean historical Current Ratio of Eastern Treads Limited over the last ten years is 0.97. The current 0.54 Current Ratio has changed 5.43% with respect to the historical average. Over the past ten years (40 quarters), EASTRED.BO's Current Ratio was at its highest in in the March 2016 quarter at 1.46. The Current Ratio was at its lowest in in the December 2015 quarter at 0.
Average
0.97
Median
1.01
Minimum
0.55
Maximum
1.46
Discovering the peaks and valleys of Eastern Treads 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 = 11.29%
Maximum Annual Current Ratio = 1.46
Minimum Annual Increase = -34.91%
Minimum Annual Current Ratio = 0.55
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.55 | -12.24% |
| 2024 | 0.62 | -14.91% |
| 2023 | 0.73 | -34.91% |
| 2022 | 1.12 | 7.81% |
| 2021 | 1.04 | 11.29% |
| 2020 | 0.94 | -5.24% |
| 2019 | 0.99 | -4.61% |
| 2018 | 1.03 | -14.72% |
| 2017 | 1.21 | -16.66% |
| 2016 | 1.46 | -2.23% |
The current Current Ratio of Eastern Treads Limited (EASTRED.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
0.63
5-year avg
0.81
10-year avg
0.97
Eastern Treads Limited’s Current Ratio is greater than Sovereign Diamonds Limited (0), greater than Orosil Smiths India Limited (0), less than Gautam Gems Limited (3.02), greater than S. M. Gold Limited (0), greater than Antarctica Limited (0), less than Vivaa Tradecom Limited (1.34), less than Kahan Packaging Limited (1.32), greater than Anuroop Packaging Limited (0), greater than Ras Resorts and Apart Hotels Limited (0), less than Arrowhead Seperation Engineeri (2.63),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $139.43M | |
| 0 | $175.18M | |
| 3.02 | $180.74M | |
| 0 | $178.04M | |
| 0 | $150.36M | |
| 1.34 | $164.78M | |
| 1.32 | $155.72M | |
| 0 | $138.94M | |
| 0 | $158.83M | |
| 2.63 | $152.23M |
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