VEEFIN.BO
Price:
$372.4
Market Cap:
$8.67B
Veefin Solutions Ltd. develops supply chain finance and digital lending solutions. It provide product solutions to wide range of clients globally including Banks, Non-Banking Financial Institutions, FinTech, Marketplaces, and Corporates. Its technology product solutions are unique offering, which are designed with user-led approach, data and analytics, and built by experienced bankers for bankers. The company was founded by Raja Debnath and Gautam Vijay Udani in 2018 and is headquartered in Mumbai, India.
Industry
Software - Application
IPO Date
Stock Exchange
BSE
Ticker
VEEFIN.BO
According to Veefin Solutions Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.92. This represents a change of -3.03% compared to the average of 3.02 of the last 4 quarters.
The mean historical Current Ratio of Veefin Solutions Ltd. over the last ten years is 2.07. The current 2.92 Current Ratio has changed 14.02% with respect to the historical average. Over the past ten years (40 quarters), VEEFIN.BO's Current Ratio was at its highest in in the March 2024 quarter at 4.66. The Current Ratio was at its lowest in in the September 2020 quarter at 0.
Average
2.07
Median
2.01
Minimum
0.23
Maximum
4.66
Discovering the peaks and valleys of Veefin Solutions 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 = 276.69%
Maximum Annual Current Ratio = 4.66
Minimum Annual Increase = -37.26%
Minimum Annual Current Ratio = 0.23
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.92 | -37.26% |
| 2024 | 4.66 | 132.34% |
| 2023 | 2.01 | 276.69% |
| 2022 | 0.53 | 127.24% |
The current Current Ratio of Veefin Solutions Ltd. (VEEFIN.BO) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.20
5-year avg
2.07
10-year avg
2.07
Veefin Solutions Ltd.’s Current Ratio is less than Ksolves India Limited (3.62), less than Ksolves India Limited (3.62), greater than IRIS RegTech Solutions Limited (2.42), greater than IRIS RegTech Solutions Limited (2.42), less than Mindteck (India) Limited (5.40), less than Mindteck (India) Limited (5.40), less than Kellton Tech Solutions Limited (4.34), less than Kellton Tech Solutions Limited (4.34), greater than Subex Limited (2.57), greater than ABM Knowledgeware Limited (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.62 | $6.71B | |
| 3.62 | $6.72B | |
| 2.42 | $6.12B | |
| 2.42 | $6.11B | |
| 5.40 | $6.32B | |
| 5.40 | $6.33B | |
| 4.34 | $9.07B | |
| 4.34 | $9.08B | |
| 2.57 | $6.51B | |
| 0 | $5.17B |
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