Tata Consultancy Services (TCS.NS) Current Ratio

Price: $3578
Market Cap: $12.95T
Avg Volume: 2.32M
Country: IN
Industry: Information Technology Services
Sector: Technology
Beta: 0.477
52W Range: $3457-4592.25
Website: Tata Consultancy Services

Tata Consultancy Services Current Ratio

  • Annual: 2.45
  • Quarterly: 0.00
  • TTM: 2.62

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 Tata Consultancy Services's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 2.45
    • Quarterly: 0.00
    • TTM: 2.62
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.20
    • Quarterly: 0.00
    • TTM: 0.17

These metrics provide insights into Tata Consultancy Services'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

2.45

Quarterly Current Ratio

0.00

TTM Current Ratio

2.62

Tata Consultancy Services Historical Current Ratio
6.006.005.005.004.004.003.003.002.002.001.001.000.000.00Current Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quick Ratio
6.006.005.005.004.004.003.003.002.002.001.001.000.000.00Quick Ratio201620162017201720182018201920192020202020212021202220222023202320242024
Historical Cash Ratio
0.910.910.730.730.550.550.370.370.180.180.000.00Cash Ratio201620162017201720182018201920192020202020212021202220222023202320242024

Tata Consultancy Services 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 2.45 2.45 0.20
2023 2.53 2.53 0.16
2022 2.56 2.56 0.29
2021 2.91 2.91 0.20
2020 3.33 3.33 0.32
2019 4.17 4.17 0.33
2018 4.56 4.55 0.27
2017 5.53 5.53 0.25
2016 4.06 4.06 0.40
2015 2.40 2.40 0.91

Related Metrics

Explore detailed financial metrics and analysis for TCS.NS.