Abal plc Quick ratio
What is the Quick ratio of Abal plc?
The Quick ratio of Abal Group plc is 0.18
What is the definition of Quick ratio?
Quick ratio is liquidity ratio that measures a company’s ability to use its quick assets to meet its short-term obligations immediately.
mrq (most recent quarter)
The quick ratio is the ratio between quick or liquid assets and current liabilities. Quick assets include those current assets that presumably can be quickly converted to cash at close to their book values. A normal liquid ratio is considered to be 1. A company with a quick ratio of less than 1 cannot at the time fully pay its current liabilities or short-term obligations. This ratio is considered to be a much reliable tool for assessment of liquidity position of companies.
Quick ratio of companies in the Technology sector on LSE compared to Abal plc
What does Abal plc do?
Supply@ME Capital plc operates a platform that provides inventory monetization services to manufacturing and trading companies in the United Kingdom, the Middle East, Italy, North Africa, the United States, and internationally. The company is based in London, the United Kingdom.
Companies with quick ratio similar to Abal plc
- Dark Horse Resources has Quick ratio of 0.18
- Endeavour Ltd has Quick ratio of 0.18
- Gainey Capital has Quick ratio of 0.18
- Real Estate Investors plc has Quick ratio of 0.18
- Titan Mining has Quick ratio of 0.18
- M&T Bank has Quick ratio of 0.18
- Abal plc has Quick ratio of 0.18
- SCWorx Corp has Quick ratio of 0.18
- Nostrum Oil & Gas Plc has Quick ratio of 0.18
- Canadian Overseas Petroleum has Quick ratio of 0.18
- Udaipur Cement Works has Quick ratio of 0.18
- Creso Pharma has Quick ratio of 0.18
- Kohl's has Quick ratio of 0.18