SREI Infrastructure Finance Quick ratio
What is the Quick ratio of SREI Infrastructure Finance?
The Quick ratio of SREI Infrastructure Finance Limited is 1.11
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 SREI Infrastructure Finance
What does SREI Infrastructure Finance do?
Srei Infrastructure Finance Limited provides financial services in India. The company offers asset finance, leasing, and loans for purchase of construction and mining equipment, tippers, IT and allied equipment, medical and allied equipment, farm equipment, and other assets. It also provides project finance services, such as term and syndicate loans, structured finance, financing/leasing, sale and lease back, as well as letter of credit and bank guarantee facilities; and advisory services, including planning, engineering, project structuring, transaction advisory, and project management consultancy for government and private sectors. In addition, the company offers investment banking services, which include initial public offers, delisting, buy-back, open offers, non-convertible debenture/bond placement, private equity, venture capital funding, and debt syndication, as well as insurance broking services. It operates 72 branches in 19 states in India. The company was formerly known as Srei International Finance Limited and changed its name to Srei Infrastructure Finance Limited in August 2004. The company was incorporated in 1985 and is headquartered in Kolkata, India. Srei Infrastructure Finance Limited is a subsidiary of Adisri Commercial Private Limited.
Companies with quick ratio similar to SREI Infrastructure Finance
- Asure Software Inc has Quick ratio of 1.11
- PI Industries has Quick ratio of 1.11
- Jiangnan has Quick ratio of 1.11
- Lux Industries has Quick ratio of 1.11
- Navios Maritime has Quick ratio of 1.11
- China Aluminum International Engineering has Quick ratio of 1.11
- SREI Infrastructure Finance has Quick ratio of 1.11
- Nippon Yusen KK has Quick ratio of 1.11
- Docebo has Quick ratio of 1.11
- Avino Silver & Gold Mines has Quick ratio of 1.11
- Shenzhen Qingyi Photomask has Quick ratio of 1.11
- Hess Midstream LP has Quick ratio of 1.11
- Pretium Resources has Quick ratio of 1.11