Telephone And Data Systems Quick ratio
What is the Quick ratio of Telephone And Data Systems?
The Quick ratio of Telephone And Data Systems, Inc. is 2.33
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 Miscellaneous sector on NYSE compared to Telephone And Data Systems
Companies with quick ratio similar to Telephone And Data Systems
- Landmark Infrastructure Partners LP has Quick ratio of 2.32
- IMV has Quick ratio of 2.32
- Gevelot SA has Quick ratio of 2.32
- United Overseas Australia has Quick ratio of 2.32
- The Mandhana Retail Ventures has Quick ratio of 2.32
- Holy Crp Brands Inc has Quick ratio of 2.32
- Telephone And Data Systems has Quick ratio of 2.33
- Haemonetics has Quick ratio of 2.33
- Kforce has Quick ratio of 2.33
- Crescita Therapeutics has Quick ratio of 2.33
- Newcore Gold has Quick ratio of 2.33
- Pacific Online has Quick ratio of 2.33
- Eclipx has Quick ratio of 2.33