Non-Standard Finance plc Quick ratio
What is the Quick ratio of Non-Standard Finance plc?
The Quick ratio of Non-Standard Finance plc is 6.51
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 LSE compared to Non-Standard Finance plc
What does Non-Standard Finance plc do?
Non-Standard Finance plc engages in the unsecured credit business in the United Kingdom. The company provides home credit loans; and guarantor loans. It operated 74 branches. The company was incorporated in 2014 and is headquartered in Morley, the United Kingdom.
Companies with quick ratio similar to Non-Standard Finance plc
- Arrival has Quick ratio of 6.50
- Retrophin has Quick ratio of 6.50
- Wireless Telecom has Quick ratio of 6.50
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- Flaherty & Crumrine Total Return Fund Inc has Quick ratio of 6.51
- Non-Standard Finance plc has Quick ratio of 6.51
- Imunon Inc has Quick ratio of 6.52
- Carnavale Resources has Quick ratio of 6.52
- AIA Engineering has Quick ratio of 6.52
- Haranga Resources Ltd has Quick ratio of 6.53
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