As of June 1, 2025, Sheela Foam Ltd (SFL.NS) reports a Current Ratio of 0.77.
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 Sheela Foam Ltd's Current Ratio
Over recent years, Sheela Foam Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-03-31 | 0.77 |
| 2023-03-31 | 2.10 |
| 2022-03-31 | 1.47 |
| 2021-03-31 | 1.55 |
| 2020-03-31 | 1.97 |
This slight upward trend highlights how Sheela Foam Ltd manages its short-term assets and liabilities over time.
Comparing Sheela Foam Ltd's Current Ratio to Peers
To better understand Sheela Foam Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Sheela Foam Ltd (SFL.NS) | 0.77 |
| Wim Plast Ltd (526586.BO) | 12.64 |
| Tachikawa Corp (7989.T) | 5.00 |
| TTK Prestige Ltd (TTKPRESTIG.NS) | 3.83 |
| Guangzhou Holike Creative Home Co Ltd (603898.SS) | 3.44 |
| Pil Italica Lifestyle Ltd (PILITA.NS) | 3.12 |
Compared to its competitors, Sheela Foam Ltd's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.