SALEM.BO
Price:
$41.49
Market Cap:
$475.70M
Salem Erode Investments Ltd. operates as a non-banking financial company. The firm provides investment and lending services. It also deals in shares, stocks, debentures, and securities. The company was founded on May 16, 1931 and is headquartered in Kolkata, India.
Industry
Financial - Credit Services
IPO Date
2016-11-17
Stock Exchange
BSE
Ticker
SALEM.BO
According to Salem Erode Investments Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 210.20 of the last 4 quarters.
The mean historical Current Ratio of Salem Erode Investments Limited over the last ten years is 29.45. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), SALEM.BO's Current Ratio was at its highest in in the December 2021 quarter at 388.52. The Current Ratio was at its lowest in in the June 2015 quarter at 0.
Average
29.45
Median
6.90
Minimum
2.19
Maximum
157.91
Discovering the peaks and valleys of Salem Erode Investments 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 = 4.42%
Maximum Annual Current Ratio = 157.91
Minimum Annual Increase = -77.49%
Minimum Annual Current Ratio = 2.19
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 157.91 | 4.42% |
| 2024 | 3.50 | -23.75% |
| 2023 | 4.58 | -50.24% |
| 2022 | 9.21 | -32.82% |
| 2021 | 13.71 | -22.70% |
| 2020 | 17.74 | -77.49% |
| 2019 | 78.82 | 2.30% |
| 2018 | 3.29 | -8.25% |
| 2017 | 3.58 | 63.77% |
| 2016 | 2.19 | -33.16% |
The current Current Ratio of Salem Erode Investments Limited (SALEM.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
55.33
5-year avg
37.78
10-year avg
29.45
Salem Erode Investments Limited’s Current Ratio is less than Ad-Manum Finance Limited (109.28), less than Capfin India Limited (0), less than Sainik Finance & Industries Limited (0), less than Key Corp Limited (0), less than Pan India Corporation Limited (3.13), less than Relic Technologies Limited (0), less than Kalyan Capitals Limited (0), less than Marg Techno-Projects Limited (0), less than Glance Finance Limited (0), less than Twentyfirst Century Management Services Limited (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 109.28 | $455.93M | |
| 0 | $446.61M | |
| 0 | $462.40M | |
| 0 | $397.08M | |
| 3.13 | $439.23M | |
| 0 | $394.59M | |
| 0 | $426.93M | |
| 0 | $479.80M | |
| 0 | $447.01M | |
| 0 | $452.60M |
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