Personal Assets Trust Plc Quick ratio
What is the Quick ratio of Personal Assets Trust Plc?
The Quick ratio of Personal Assets Trust Plc is 1.69
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 Personal Assets Trust Plc
What does Personal Assets Trust Plc do?
Personal Assets Trust plc is a closed ended multi asset mutual fund launched and managed by Troy Asset Management Limited. The fund invests in public equity and fixed income markets across the globe. It benchmarks its performance against the FTSE All-Share Index. Personal Assets Trust plc was launched in 1983, and is domiciled in United Kingdom.
Companies with quick ratio similar to Personal Assets Trust Plc
- 16394 has Quick ratio of 1.69
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- Personal Assets Trust Plc has Quick ratio of 1.69
- The KCP has Quick ratio of 1.69
- Omai Gold Mines has Quick ratio of 1.69
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