IndoStar Capital Finance Quick ratio
What is the Quick ratio of IndoStar Capital Finance?
The Quick ratio of IndoStar Capital Finance Limited is 1,833.06
What is the definition of Quick ratio?
Quick ratio is liquidity ratio that measures a company’s ability to use its quick assets to meet its short-term obligations immediately.
mrq (most recent quarter)
The quick ratio is the ratio between quick or liquid assets and current liabilities. Quick assets include those current assets that presumably can be quickly converted to cash at close to their book values. A normal liquid ratio is considered to be 1. A company with a quick ratio of less than 1 cannot at the time fully pay its current liabilities or short-term obligations. This ratio is considered to be a much reliable tool for assessment of liquidity position of companies.
Quick ratio of companies in the Finance sector on NSE compared to IndoStar Capital Finance
What does IndoStar Capital Finance do?
IndoStar Capital Finance Limited, a non-banking financial company, engages in the provision of various financing services to corporates, small and medium enterprises (SMEs), and individual customers in India. The company operates through four segments: Large Corporate, SME, Commercial Vehicle, and Housing Finance. It offers vehicle finance services, including loans for commercial vehicles, farm equipment, four and two-wheelers, and construction equipment, as well as housing finance. The company also provides SME lending products for working capital, business expansion, or any other financing requirement; and corporate lending products, including secured corporate lending, real estate financing, capital market financing, special situation and acquisition financing, and debt capital market solutions. It operates through 404 branches in 22 states across India. The company was incorporated in 2009 and is based in Mumbai, India. IndoStar Capital Finance Limited is a subsidiary of BCP V Multiple Holdings Pte. Ltd.
Companies with quick ratio similar to IndoStar Capital Finance
- LendingClub Corp has Quick ratio of 1,136.08
- Invesco CurrencyShares Euro Trust has Quick ratio of 1,288.29
- Societe des Chemins de Fer et Tramways du Var et du Gard has Quick ratio of 1,356.73
- AF2 Capital has Quick ratio of 1,435.33
- Tata Investment has Quick ratio of 1,506.82
- Akazoo S.A has Quick ratio of 1,537.34
- IndoStar Capital Finance has Quick ratio of 1,833.06
- Standard Mercantile Acquisition has Quick ratio of 1,942.74
- Housing and Urban Development has Quick ratio of 2,016.73
- New York Mortgage Trust Inc has Quick ratio of 2,052.64
- New York Mortgage Trust Inc has Quick ratio of 2,052.64
- Audrey Capital has Quick ratio of 2,302.64
- iShares Silver Trust has Quick ratio of 2,373.36