GTNIND.NS
Price:
$11.95
Market Cap:
$209.61M
GTN Industries Limited engages in the manufacture and sale of cotton yarn in India. The company offers medium, fine, and superfine combed yarn. It is also involved in the spinning and doubling of yarn business; and retail of lifestyle knitted garments comprising ready-to-wear shirts, polo t-shirts, trousers, and socks under the Cotstyle brand, as well as anti-bacterial facial masks, gloves, and arm protectors for men, women, and children under the Young Wings brand. The company also exports its products to Asian countries. GTN Industries Limited was incorporated in 1962 and is based in Hyderabad, India.
Industry
Apparel - Manufacturers
IPO Date
2002-07-01
Stock Exchange
NSE
Ticker
GTNIND.NS
According to GTN Industries Limited’s latest financial reports and current stock price. The company's current Current Ratio is 3.01. This represents a change of 25.46% compared to the average of 2.40 of the last 4 quarters.
The mean historical Current Ratio of GTN Industries Limited over the last ten years is 1.09. The current 3.01 Current Ratio has changed 27.55% with respect to the historical average. Over the past ten years (40 quarters), GTNIND.NS's Current Ratio was at its highest in in the September 2023 quarter at 6.59. The Current Ratio was at its lowest in in the December 2013 quarter at 0.
Average
1.09
Median
0.82
Minimum
0.69
Maximum
3.01
Discovering the peaks and valleys of GTN Industries 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 = 101.62%
Maximum Annual Current Ratio = 3.01
Minimum Annual Increase = -14.45%
Minimum Annual Current Ratio = 0.69
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 3.01 | 101.62% |
| 2022 | 1.49 | 82.21% |
| 2021 | 0.82 | 0.35% |
| 2020 | 0.82 | 8.90% |
| 2019 | 0.75 | 3.51% |
| 2018 | 0.72 | 4.68% |
| 2017 | 0.69 | -8.17% |
| 2016 | 0.75 | -10.61% |
| 2015 | 0.84 | -14.45% |
| 2014 | 0.99 | -0.25% |
The current Current Ratio of GTN Industries Limited (GTNIND.NS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.78
5-year avg
1.38
10-year avg
1.09
GTN Industries Limited’s Current Ratio is greater than CLC Industries Limited (1.09), greater than GTN Textiles Limited (0.21), less than Jindal Cotex Limited (26.58), greater than Autolite (India) Limited (0.97), less than Sagar Diamonds Limited (13.83), greater than Zodiac-JRD-MKJ Limited (2.25), greater than JBF Industries Ltd. (0.02), less than Sheetal Diamonds Limited (370.07), greater than Mohota Industries Limited (0.73), greater than PAE Limited (0.05),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.09 | $234.30M | |
| 0.21 | $226.99M | |
| 26.58 | $117.01M | |
| 0.97 | $173.31M | |
| 13.83 | $164.37M | |
| 2.25 | $164.89M | |
| 0.02 | $352.05M | |
| 370.07 | $320.20M | |
| 0.73 | $67.65M | |
| 0.05 | $73.46M |
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