As of June 9, 2025, Telephone Cables Ltd (517159.BO) reports a Current Ratio of 0.61.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Telephone Cables Ltd's Current Ratio
Over recent years, Telephone Cables Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2004-06-30 | 0.61 |
| 2003-06-30 | 0.95 |
| 2002-06-30 | 1.89 |
| 2001-03-31 | 2.44 |
This gradual decrease highlights how Telephone Cables Ltd manages its short-term assets and liabilities over time.
Comparing Telephone Cables Ltd's Current Ratio to Peers
To better understand Telephone Cables Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Telephone Cables Ltd (517159.BO) | 0.61 |
| Azad India Mobility Ltd (504731.BO) | 680.33 |
| ASL Industries Ltd (ASLIND.NS) | 92.92 |
| Antarctica Ltd (ANTGRAPHIC.NS) | 81.91 |
| Shamrock Industrial Company Ltd (531240.BO) | 54.91 |
| Harig Crankshafts Ltd (500178.BO) | 3.77 |
Compared to its competitors, Telephone Cables Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.