PREMCO.BO
Price:
$439.8
Market Cap:
$1.45B
Premco Global Ltd. engages in the manufacture, market, and distribution of woven and knitted elastic and non-elastic narrow fabric and webbing. Its product caters to the apparel, lingerie, sports-related, medical, footwear, luggage, furnishing, and automotive industries. The firm offers name and plain tapes, and panty and shoulder elastics. The company was founded by Bhangwandas Harjani in 1966 and is headquartered in Mumbai, India.
Industry
Manufacturing - Textiles
IPO Date
2002-07-09
Stock Exchange
BSE
Ticker
PREMCO.BO
According to Premco Global Limited’s latest financial reports and current stock price. The company's current Current Ratio is 5.60. This represents a change of 120.04% compared to the average of 2.54 of the last 4 quarters.
The mean historical Current Ratio of Premco Global Limited over the last ten years is 4.48. The current 5.60 Current Ratio has changed 12.41% with respect to the historical average. Over the past ten years (40 quarters), PREMCO.BO's Current Ratio was at its highest in in the September 2022 quarter at 8.61. The Current Ratio was at its lowest in in the December 2015 quarter at 0.
Average
4.48
Median
4.20
Minimum
2.32
Maximum
6.94
Discovering the peaks and valleys of Premco Global 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 = 82.10%
Maximum Annual Current Ratio = 6.94
Minimum Annual Increase = -53.28%
Minimum Annual Current Ratio = 2.32
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 4.58 | -33.65% |
| 2024 | 6.90 | 51.40% |
| 2023 | 4.56 | -13.58% |
| 2022 | 5.27 | 37.16% |
| 2021 | 3.85 | 18.60% |
| 2020 | 3.24 | -53.28% |
| 2019 | 6.94 | 82.10% |
| 2018 | 3.81 | 64.26% |
| 2017 | 2.32 | -29.51% |
| 2016 | 3.29 | 6.55% |
The current Current Ratio of Premco Global Limited (PREMCO.BO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.35
5-year avg
5.03
10-year avg
4.48
Premco Global Limited’s Current Ratio is less than Shri Dinesh Mills Limited (8.97), greater than Winsome Textile Industries Limited (1.26), greater than Lahoti Overseas Limited (4.82), greater than AI Champdany Industries Limited (1.57), greater than KG Petrochem Limited (1.39), greater than Shahlon Silk Industries Limite (2.52), greater than Simmonds Marshall Limited (1.50), greater than Crown Lifters Limited (0.57), greater than Suryalata Spinning Mills Limited (2.39), less than Surat Trade and Mercantile Lim (48.17),
| Company | Current Ratio | Market cap |
|---|---|---|
| 8.97 | $1.33B | |
| 1.26 | $1.57B | |
| 4.82 | $1.56B | |
| 1.57 | $1.45B | |
| 1.39 | $1.15B | |
| 2.52 | $1.75B | |
| 1.50 | $1.37B | |
| 0.57 | $1.50B | |
| 2.39 | $1.33B | |
| 48.17 | $1.13B |
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