Axis Bank (AXISBANK.NS) Current Ratio

Price: $1101
Market Cap: $3.41T
Avg Volume: 8.72M
Country: IN
Industry: Banks - Regional
Sector: Financial Services
Beta: 0.96
52W Range: $933.5-1339.65
Website: Axis Bank

Axis Bank Current Ratio

  • Annual: 0.15
  • Quarterly: 0.00
  • TTM: 0.00

What is the Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.

Related Metrics

Other important metrics to assess Axis Bank's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 0.15
    • Quarterly: 0.00
    • TTM: 0.00
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.30
    • Quarterly: 0.00
    • TTM: 0.00

These metrics provide insights into Axis Bank's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Current Ratio

0.15

Quarterly Current Ratio

0.00

TTM Current Ratio

0.00

Axis Bank Historical Current Ratio
200.00200.00160.00160.00120.00120.0080.0080.0040.0040.000.000.00Current Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quick Ratio
200.00200.00150.00150.00100.00100.0050.0050.000.000.00Quick Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical Cash Ratio
50.0050.0040.0040.0030.0030.0020.0020.0010.0010.000.000.00Cash Ratio201620162017201720182018201920192020202020212021202220222023202320242024

Axis Bank Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Current Ratio Quick Ratio Cash Ratio
2024 0.15 0.15 0.30
2023 12.75 48.79 26.53
2022 6.04 187.87 28.39
2021 6.23 188.20 28.30
2020 6.10 198.98 42.28
2019 7.80 34.49 14.28
2018 169.80 169.80 20.32
2017 38.34 78.26 32.58
2016 22.76 37.36 19.26
2015 29.83 29.83 25.30

Related Metrics

Explore detailed financial metrics and analysis for AXISBANK.NS.