A basic comparison of your company figures with those of your competitors will provide a quick insight into your business performance. Calculation: Current Assets / Current Liabilities. The fixed asset turnover ratio measures how efficiently a company is generating net sales from its fixed-asset investments. How to find business and market information about these medical industries. Kpmg Sponsored Degree, It is a ratio of the total sales to the average assets. ideal current ratio for pharmaceutical industry Calculation: Liabilities / Equity. liability for the information given being complete or correct. Ratio: Debt-to-equity ratio Measure of center: But opting out of some of these cookies may affect your browsing experience. Current Assets = 36,092 + 18,929 + 20,816 = $ 75,837 (in millions) Current Liabilities = $ 87,812 (in millions) Quick Ratio = Current Assets / Current Liabilities. By clicking Accept All, you consent to the use of ALL the cookies. However, as a general rule, a current ratio below 1.00 indicates that a company may have difficulty achieving its short-term commitment, and a current ratio above 1.50 generally indicates enough liquidity. Quick Ratio This ratio is sometimes known as Acid Test or Liquidity Ratio.lt is 1 Return on Research Capital Ratio. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. A lower DSI is optimal as it indicates lesser days required to convert inventory to sales. The annual growth rate has a CAGR of 1.8%. The company should find a good balance between enough compensation for the hard work of the officers and having enough working capital for the company to grow at a steady rate. Current ratio is a good tool for investors to measure a companys ability to repay their short-term debt with their current assets. The return on total assets (ROTA) ratio measures how efficiently a company is generating income using its assets. Staying up-to-date with the latest information. The healthcare sectoris one of the largest market sectors, encompassing a variety of Search for published reports. This article was updated on November 2, 2021. The Current P/B Ratio of SUN PHARMACEUTICAL INDUSTRIES is 4.82. An acceptable current ratio aligns with that of the industry average or might be slightly higher than that. Current ratio, otherwise known as the working capital ratio, is a form of liquidity ratio that indicates a companys ability to pay back short-term obligations or the ones due within the next year. Quick ratio, also called the acid-test ratio, indicates the dollar amount of liquid assets available against the dollar amount of the companys current liabilities. Where according to the companys balance sheets: To interpret the current ratio of a company, it has to be measured against industry standards. Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. SUN PHARMACEUTICAL INDUSTRIES Price/Earnings(PE) Ratio-04 Mar,2023 .a{fill:#6db41e;stroke:#637733;}.b,.d{fill:none;}.b{stroke:#fff;}.c{stroke:none;}, BSE: 511042 | NSE: | Major Pharmaceutical Preparations Industry Efficiency, Revenue per Employee, Inventory and Receivable Turnover Ratios Q4 2022 At a Glance Growth Rates Profitability Valuation Financial Strength Efficiency Mgmt. Key Financial Ratios for Airline Companies.
Dreamworld River Rapids Bodies, Mini Dayz Best Character, What Channel Is The La Kings Game On Spectrum, Articles I