WPP Plc Quick ratio
What is the Quick ratio of WPP Plc?
The Quick ratio of WPP Plc is 0.89
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 Communication Services sector on LSE compared to WPP Plc
What does WPP Plc do?
WPP plc, a creative transformation company, provides communications, experience, commerce, and technology services in North America, the United Kingdom, Western Continental Europe, the Asia Pacific, Latin America, Africa, the Middle East, and Central and Eastern Europe. The company operates through three segments: Global Integrated Agencies, Public Relations, and Specialist Agencies. It engages in the planning and creation of marketing and branding campaigns; design and production of advertisements across all media; and provision of media buying services, including strategy and business development, media investment, data and technology, and content. The company also advises to clients who are seeking to communicate with a range of stakeholders from consumers to governments and the business and financial communities. WPP plc was founded in 1985 and is based in London, the United Kingdom.
Companies with quick ratio similar to WPP Plc
- JBS SA has Quick ratio of 0.89
- Iron Mountain has Quick ratio of 0.89
- Plant Advanced Technologies SA has Quick ratio of 0.89
- Petmed Express has Quick ratio of 0.89
- Arcus ASA has Quick ratio of 0.89
- Porwal Auto Components has Quick ratio of 0.89
- WPP Plc has Quick ratio of 0.89
- Zhongzhi Pharmaceutical has Quick ratio of 0.89
- Salzgitter AG has Quick ratio of 0.89
- e plc has Quick ratio of 0.89
- Top Form International has Quick ratio of 0.89
- Jatenergy has Quick ratio of 0.89
- Envirosuite has Quick ratio of 0.89