Grainger Plc Quick ratio
What is the Quick ratio of Grainger Plc?
The Quick ratio of Grainger Plc is 1.03
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 Real Estate sector on LSE compared to Grainger Plc
What does Grainger Plc do?
Grainger plc, together with its subsidiaries, designs, owns, operates, manages, and rents residential properties in the United Kingdom. It also provides property and asset management services. The company was incorporated in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.
Companies with quick ratio similar to Grainger Plc
- Telefonica Brasil S.A has Quick ratio of 1.03
- Arihant Superstructures has Quick ratio of 1.03
- Change Healthcare Inc has Quick ratio of 1.03
- Oriental Trimex has Quick ratio of 1.03
- Hess has Quick ratio of 1.03
- Engagement Labs has Quick ratio of 1.03
- Grainger Plc has Quick ratio of 1.03
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- PPG Industries has Quick ratio of 1.03
- Coinbase Global, Class A Common Stock has Quick ratio of 1.03
- Roblox has Quick ratio of 1.03
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- Novavax has Quick ratio of 1.03