In 2022, Adani Total Gas had a current ratio of 0.2, the lowest among all Adani subsidiaries. On the other hand, Adani Ports and Adani Wilmar were able to generate a positive cash flow. Current ratio refers to a company's ability to pay short-term obligations. Having a current ratio in line with the industry average or a bit higher is considered acceptable.
Adani Group's current ratio in the financial year 2022, by subsidiary
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Hindenburg Research. (January 24, 2023). Adani Group's current ratio in the financial year 2022, by subsidiary [Graph]. In Statista. Retrieved October 05, 2024, from https://www.statista.com/statistics/1368988/adani-group-current-ratio-by-subsidiary/
Hindenburg Research. "Adani Group's current ratio in the financial year 2022, by subsidiary." Chart. January 24, 2023. Statista. Accessed October 05, 2024. https://www.statista.com/statistics/1368988/adani-group-current-ratio-by-subsidiary/
Hindenburg Research. (2023). Adani Group's current ratio in the financial year 2022, by subsidiary. Statista. Statista Inc.. Accessed: October 05, 2024. https://www.statista.com/statistics/1368988/adani-group-current-ratio-by-subsidiary/
Hindenburg Research. "Adani Group's Current Ratio in The Financial Year 2022, by Subsidiary." Statista, Statista Inc., 24 Jan 2023, https://www.statista.com/statistics/1368988/adani-group-current-ratio-by-subsidiary/
Hindenburg Research, Adani Group's current ratio in the financial year 2022, by subsidiary Statista, https://www.statista.com/statistics/1368988/adani-group-current-ratio-by-subsidiary/ (last visited October 05, 2024)
Adani Group's current ratio in the financial year 2022, by subsidiary [Graph], Hindenburg Research, January 24, 2023. [Online]. Available: https://www.statista.com/statistics/1368988/adani-group-current-ratio-by-subsidiary/