Quick ratios of Hindalco Industries Ltd.

Formula for computing = Current Assets – Inventories – Prepaid Expenses / Current Liabilities

For Financial Year 2022-23

Current assets = 35039

Inventories = 20186
Prepaid Expenses = 0
Current Liabilities = 20381

Quick Ratio = 0.73

For Financial year 2021-22

Current Assets = 38864
Inventories = 20948
Current Liabilities = 28277

Quick Ratio = 0.63

For Financial year 2020-21

Current Assets = 28208
Inventories = 15989
Current Liabilities = 19077

Quick Ratio = 0.64

For Financial year 2019-20

Current Assets = 24341
Inventories = 11225
Current Liabilities = 15414

Quick Ratio = 0.85

For Financial year 2018-19
Current Assets = 23537
Inventories = 11394
Current Liabilities = 14007

Quick Ratio = 0.87

Current ratios of Hindalco Industries Ltd.

Formula for computing= Current Assets / Current Liabilities

For Financial Year 2022-23

Current Assets = 35060
Current Liabilities = 18052
Current Ratio = 1.9

For Financial Year 2021-22

Current Assets = 38867
Current Liabilities = 16352
Current Ratio= 2.4

For Financial Year 2020-21

Current Assets = 28208
Current Liabilities = 18806
Current Ratio= 1.5

For Financial Year 2019-20

Current Assets = 24341
Current Liabilities = 19150
Current Ratio= 1.3

For Financial Year 2018-19

Current Assets = 23536
Current Liabilities = 18937
Current Ratio = 1.3A
 MPBF of Hindalco Industries Ltd

2023 2022 2021 2020 2019

Current Assets
Inventories 20186 44483 30668 11225 11394
Investments 5762 5452 9417 4839 3772
Trade Receivables 2610 21076 12959 2093 2125
Other Current Assets 3647 4362 2673 1799 1955

Total Current Assets 32205 75373 55717 19956 19246

Current Liabilities
Lease Liabilities 114 279 300 76
Trade Payables 9743 41382 28235 3990 5734
Other Current Liabilities 570 1873 1386 390 685

Total Current Liabilities 10427 43534 29921 4456 6419

Working Capital (A-B) 21778 31839 25796 15500 12827

Method 1: 0.75 x 9(CA – CL)

202 202 202 202 20
3 2 1 0 19
163 238 193 116 96
34 79 47 25 20

Method 2: (0.75 x CA)-CL

20 202 202 20 20
23 2 1 20 19
23 246 159 - 16
76 91 92 53 05
3
 Trend Analysis
 Trend analysis is an analysis of the trend of the company
by comparing its financial statements to analyse the trend
of the market or analysis of the future based on past
performance results, and it’s an attempt to make the best
decisions based on the results of the analysis done.
 Trend analysis involves collecting the information from
multiple periods and plotting the collected information
on a horizontal line to find actionable patterns from the
given information. In Finance, Trend Analysis is used for
Technical analysis and Accounting analysis of stocks

 Sideways / Horizontal Trend Analysis

A sideways/horizontal trend means asset prices or share
prices – as with the broader economy level – are not moving
in any direction; they are moving sideways, up for some time,
then down for some time. The direction of the trend cannot be
decided. It is the trend where investors are worried about their
investment, and the government is trying to push the economy
in an uptrend. Generally, the sideways or horizontal trend is
considered risky because when sentiments will be turned
against cannot be predicted; hence investors try to keep away
in such a situation.
Following is the trend analysis of Hindalco Balance Sheet
Consolidated Figures in Rs. Crores

 Formula for calculation of Horizontal Trend Analysis-

Current Year x 100

Base Year
 Graphical Representation-
Trend Percentages Base Year 2019

Total Assets
Other Assets +
Investments
CWIP
Fixed Assets +
Total Liabilities
Other Liabilities
Borrowings +
Reserves
Equity Capital

0 100 200 300 400 500 600 700

Trend Percentages Base Year 2019 Mar-19 Trend Percentages Base Year 2019 Mar-20
Trend Percentages Base Year 2019 Mar-21 Trend Percentages Base Year 2019 Mar-22
Trend Percentages Base Year 2019 Mar-23

 Interpretation-