Thanks
HUL, Sept 2022:
From balance sheet,
Other liabilities = 21198 Cr
Other assets = 15360 Cr
So Current ratio = 15360/21198 = less than 1
Also working capital = 15360-21198 = Minus 6K
Is this calculation correct?
I am assuming that current assets = other assets and current liabilities = other liabilities
Other liabilities are listed as trade payables, non controlling interest, advances and other items
Other assets are as inventories, receivables, cash, loans/advances and other items
Let me know where i am making a mistake pls
This is taken from screener.in
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