Eastern Silk Industries Stock Current Ratio
EASTSILK | 1.80 0.00 0.00% |
Eastern Silk Industries fundamentals help investors to digest information that contributes to Eastern Silk's financial success or failures. It also enables traders to predict the movement of Eastern Stock. The fundamental analysis module provides a way to measure Eastern Silk's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eastern Silk stock.
Eastern | Current Ratio |
Eastern Silk Industries Company Current Ratio Analysis
Eastern Silk's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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In accordance with the recently published financial statements, Eastern Silk Industries has a Current Ratio of 0.0 times. This indicator is about the same for the Textiles, Apparel & Luxury Goods average (which is currently at 0.0) sector and about the same as Consumer Discretionary (which currently averages 0.0) industry. This indicator is about the same for all India stocks average (which is currently at 0.0).
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Eastern Fundamentals
Return On Equity | -1.27 | ||||
Return On Asset | -0.0576 | ||||
Profit Margin | (0.65) % | ||||
Operating Margin | (0.48) % | ||||
Current Valuation | 568.84 M | ||||
Shares Outstanding | 78.95 M | ||||
Shares Owned By Insiders | 61.72 % | ||||
Price To Sales | 0.83 X | ||||
Revenue | 189.2 M | ||||
Gross Profit | 122.52 M | ||||
EBITDA | (102.77 M) | ||||
Net Income | (123.04 M) | ||||
Cash And Equivalents | 32.04 M | ||||
Total Debt | 581.52 M | ||||
Book Value Per Share | 8.06 X | ||||
Cash Flow From Operations | 86.26 M | ||||
Earnings Per Share | (2.25) X | ||||
Beta | 1.05 | ||||
Market Capitalization | 168.17 M | ||||
Total Asset | 1.35 B | ||||
Retained Earnings | (2.2 B) | ||||
Working Capital | (133.63 M) | ||||
Net Asset | 1.35 B |
About Eastern Silk Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eastern Silk Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eastern Silk using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eastern Silk Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Eastern Silk financial ratios help investors to determine whether Eastern Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eastern with respect to the benefits of owning Eastern Silk security.