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Polished.com Inc Quick ratio

What is the Quick ratio of Polished.com Inc?

The Quick ratio of Polished.com Inc is 0.85

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 Materials sector on NYSE compared to Polished.com Inc

What does Polished.com Inc do?

goedeker’s is one of the largest independent retailers of discount appliances in the nation. we offer kitchen appliances, washers and dryers, furniture, lighting, plumbing fixtures, and mattresses. founded on family values like service and integrity, we maintain the home-town shopping experience without sacrificing convenience or affordability. goedeker's has been serving st. louis since 1951. we're proud to bring the same amazing service to the internet that we've offered locally for more than 60 years. we make it easy to shop from your home or on the go with our mobile-friendly online store. goedeker's is a trusted source for some of the highest quality brands, including ge, whirlpool, bosch, frigidaire, and samsung. with unique coupons, manufacturer rebates, free shipping, and more, you could save hundreds. give us a chance to show you how home-town service, commitment to quality, and low cost can work for you.

Companies with quick ratio similar to Polished.com Inc