CreditAccess Grameen Limited, a non-banking financial company, provides micro finance services for women from poor and low income households in India. The company offers microcredit loans for income generation, home improvement, emergency, family welfare, and Grameen Unnati, as well as Grameen Suraksha, life insurance, and national pension schemes. It also provides retail finance loans, such as Grameen Vikas, Gruha Vikas, Grameen two-wheeler, and Grameen Swarna. In addition, the company offers digital lending products comprising Pragathi digital and multi-purpose digital loans. The company was formerly known as Grameen Koota Financial Services Private Limited and changed its name to CreditAccess Grameen Limited in January 2018. CreditAccess Grameen Limited was incorporated in 1991 and is headquartered in Bengaluru, India. CreditAccess Grameen Limited operates as a subsidiary of CreditAccess India BV.
Revenue projections:
Revenue projections for CREDITACC The projected decline in CREDITACC's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.
Financial Ratios:
currentRatio
355.044000
forwardPE
11.718882
debtToEquity
295.484000
earningsGrowth
-0.881000
revenueGrowth
-0.581000
grossMargins
0.999410
operatingMargins
0.147200
trailingEps
33.290000
forwardEps
47.090000
The current ratio for CREDITACC is 355.044, indicating that the company can service its short-term debt using available cash and assets. This suggests CREDITACC has strong liquidity, with more than enough resources to meet its immediate financial commitments. CREDITACC's Forward PE is in a reasonable range, indicating the stock is priced well relative to its earnings. The stock isn't overpriced, which leaves room for future growth, making it an attractive option for investors seeking value and long-term gains. CREDITACC's elevated debt-to-equity ratio shows that the company is relying heavily on debt to fund its activities. This high leverage can amplify returns but also heightens financial risks if cash flow becomes constrained. CREDITACC's low growth in earnings and revenue indicates a potential decline in profits. This suggests that the company could be facing financial challenges, making it harder to sustain its current profit margins. CREDITACC's negative gross and operating margins indicate that the company is unable to generate profit from its core business activities. This suggests financial strain and could be a sign of deeper cost management issues. CREDITACC's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that CREDITACC is likely to outperform its previous year's financial performance.
Price projections:
Price projections for CREDITACC CreditAccess Grameen Limited's price projections have been gradually revised upward, reflecting increased confidence in the company's future performance. This trend suggests analysts expect CreditAccess Grameen Limited to achieve greater success in the coming periods.
Recommendation changes over time:
Recommendations trend for CREDITACC
The recent buy bias for CREDITACC from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see CREDITACC as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.
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