Jindal Poly Investment and Finance Quick ratio
What is the Quick ratio of Jindal Poly Investment and Finance?
The Quick ratio of Jindal Poly Investment and Finance Company Limited is 1.45
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 Finance sector on NSE compared to Jindal Poly Investment and Finance
What does Jindal Poly Investment and Finance do?
Jindal Poly Investment and Finance Company Limited engages in investment activities in India. The company was incorporated in 2012 and is based in New Delhi, India.
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